Research Calls I
- Downgrades:
- Alcoa (AA) downgraded to Peer Perform from Outperform at Wolfe Research
- Block (SQ) downgraded to Neutral from Buy at Mizuho; tgt lowered to $57
- Novavax (NVAX) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $27
- Others:
- 23andMe (ME) initiated with an Outperform at Cowen; tgt $6
- Arcutis Biotherapeutics (ARQT) assumed with a Buy at Jones Trading
- Asana (ASAN) initiated with a Market Perform at MoffettNathanson; tgt $26
- CS Disco (LAW) initiated with an Outperform at MoffettNathanson; tgt $20
- DocuSign (DOCU) initiated with an Underperform at MoffettNathanson; tgt $58
- Globe Life (GL) initiated with a Strong Buy at Raymond James; tgt $138
- Gracell Biotechnologies (GRCL) initiated with a Buy at Citigroup; tgt $12
- Intuit (INTU) initiated with an Outperform at MoffettNathanson; tgt $500
- LegalZoom.com (LZ) initiated with an Underperform at MoffettNathanson; tgt $11
- Littelfuse (LFUS) initiated with a Hold at The Benchmark Company
- Marqeta (MQ) initiated with a Neutral at Wedbush; tgt $8
- MetLife (MET) initiated with a Mkt Perform at Raymond James
- Monday.com (MNDY) initiated with an Outperform at MoffettNathanson; tgt $170
- nCino (NCNO) initiated with a Market Perform at MoffettNathanson; tgt $40
- NETSTREIT (NTST) initiated with an Outperform at Robert W. Baird; tgt $23
- NIKE (NKE) initiated with an Outperform at RBC Capital Mkts; tgt $125
- Principal Fincl (PFG) initiated with a Mkt Perform at Raymond James
- Prudential (PRU) initiated with a Strong Buy at Raymond James; tgt $115
- Red Rock Resorts (RRR) initiated with a Mkt Outperform at JMP Securities; tgt $50
- Revance Therapeutics (RVNC) initiated with a Buy at Goldman; tgt $33
- Sangoma Technologies (SANG) initiated with an Outperform at William Blair
- Smartsheet (SMAR) initiated with an Outperform at MoffettNathanson; tgt $50
- Stem (STEM) initiated with an Outperform at Cowen; tgt $22
- Unum Group (UNM) initiated with a Mkt Perform at Raymond James
- Voya Financial (VOYA) initiated with a Strong Buy at Raymond James; tgt $84
- Westrock Coffee Company (WEST) initiated with an Overweight at Stephens; tgt $13