Research Calls I
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Upgrades:
- AptarGroup (ATR) upgraded to Buy from Hold at DBS Bank
- Cisco (CSCO) upgraded to Buy from Neutral at Citigroup; tgt raised to $62
- Cognex (CGNX) upgraded to Overweight from Equal-Weight at Stephens; tgt raised to $55
- Corteva (CTVA) upgraded to Buy from Neutral at BofA Securities; tgt raised to $67
- Grainger (GWW) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $1230
- NovoCure (NVCR) upgraded to Buy from Neutral at H.C. Wainwright; tgt raised to $30
- Universal Health (UHS) upgraded to Buy from Hold at TD Cowen; tgt raised to $283
- Wesco (WCC) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $550
- Westlake Corporation (WLK) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $159
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Downgrades:
- Carrier Global (CARR) downgraded to Equal-Weight from Overweight at Stephens; tgt raised to $85
- CF Industries (CF) downgraded to Underperform from Neutral at BofA Securities; tgt $83
- Eastman Chemical (EMN) downgraded to Neutral from Buy at BofA Securities; tgt raised to $119
- Emerson (EMR) downgraded to Equal-Weight from Overweight at Stephens; tgt lowered to $120
- Enphase Energy (ENPH) downgraded to Neutral from Positive at Susquehanna; tgt lowered to $104
- Estee Lauder (EL) downgraded to Hold from Buy at HSBC Securities; tgt $100
- L'Oreal (LRLCY) downgraded to Underweight from Neutral at JP Morgan
- Omnicom (OMC) downgraded to Equal Weight from Overweight at Wells Fargo; tgt raised to $110
- Piedmont Lithium (PLL) downgraded to Underperform from Neutral at Macquarie; tgt $7.80
- Sitio Royalties Corp. (STR) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
- Yum! Brands (YUM) downgraded to Hold from Buy at TD Cowen; tgt lowered to $145
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Others:
- Advance Auto (AAP) resumed with a Neutral at ROTH MKM; tgt $40
- Antero Resources (AR) initiated with a Neutral at UBS; tgt $33
- Apellis Pharmaceuticals (APLS) initiated with an Outperform at William Blair
- Asure Software (ASUR) initiated with an Overweight at Stephens; tgt $13
- Autodesk (ADSK) initiated with an Overweight at Wells Fargo; tgt $340
- Benitec Biopharma (BNTC) initiated with an Outperform at Oppenheimer; tgt $35
- Brookdale Senior Living (BKD) initiated with a Buy at Jefferies; tgt $8
- Burke & Herbert Financial Services Corp. (BHRB) initiated with a Buy at DA Davidson; tgt $76
- California Resources Corp (CRC) initiated with a Buy at UBS; tgt $68
- Chord Energy (CHRD) initiated with a Buy at UBS; tgt $168
- Civitas Resources (CIVI) initiated with a Neutral at UBS; tgt $60
- Freshworks (FRSH) initiated with an Equal Weight at Wells Fargo; tgt $11
- Instacart (CART) initiated with a Hold at Jefferies; tgt $43
- Klaviyo (KVYO) initiated with an Equal Weight at Wells Fargo; tgt $37
- Larimar Therapeutics (LRMR) initiated with an Outperform at Oppenheimer; tgt $26
- O'Reilly Auto (ORLY) resumed with a Buy at ROTH MKM; tgt $1337
- Paycor (PYCR) initiated with an Overweight at Stephens; tgt $18
- Qualcomm (QCOM) added to 30-day negative catalyst watch at Citigroup
- Qualys (QLYS) initiated with a Hold at Jefferies; tgt $135
- Rapid7 (RPD) initiated with a Buy at Jefferies; tgt $50
- RLI Corp (RLI) initiated with a Perform at Oppenheimer
- Tenable (TENB) initiated with a Hold at Jefferies; tgt $45
- Veracyte (VCYT) initiated with a Buy at UBS; tgt $43
- Voyager Therapeutics (VYGR) initiated with an Outperform at Leerink Partners; tgt $15
- Walt Disney (DIS) initiated with a Neutral at Piper Sandler; tgt $95