>>> US Research Calls I

Research Calls I
  • Upgrades
    • Alvotech (ALVO) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $14
    • AMD (AMD) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $300
    • Ares Management (ARES) upgraded to Outperform from Perform at Oppenheimer, tgt $180
    • Banco Bradesco (BBD) upgraded to Neutral from Sell at Goldman
    • Deckers Outdoor (DECK) upgraded to Positive from Mixed at BWG Global
    • DLocal (DLO) upgraded to Buy from Neutral at Goldman, tgt $19
    • Eli Lilly (LLY) upgraded to Buy from Hold at Erste Group
    • FMC (FMC) upgraded to Neutral from Underperform at BofA Securities, tgt $33
    • Hamilton Lane (HLNE) upgraded to Outperform from Perform at Oppenheimer, tgt $181
    • HP Inc. (HPQ) upgraded to Buy from Hold at HSBC, tgt $30
    • Hub Group (HUBG) upgraded to Outperform from Market Perform at Raymond James, tgt $40
    • Monolithic Power (MPWR) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $1,200
    • NBT Bancorp (NBTB) upgraded to Overweight from Neutral at Piper Sandler, tgt $47
    • Nexa Resources (NEXA) upgraded to Sector Perform from Underperform at Scotiabank, tgt $5.50
    • RPM (RPM) upgraded to Buy from Neutral at BofA Securities, tgt $129
    • TaskUs (TASK) upgraded to Outperform from Neutral at Robert W. Baird, tgt $18
    • T-Mobile (TMUS) upgraded to Outperform from Sector Perform at RBC Capital, tgt $270
    • Warner Music (WMG) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $39
    • Zymeworks (ZYME) upgraded to Buy from Neutral at H.C. Wainwright, tgt $26
  • Downgrades
    • AbbVie (ABBV) downgraded to Hold from Buy at Erste Group
    • Albemarle (ALB) downgraded to Neutral from Buy at BofA Securities, tgt $100
    • BASF (BASFY) downgraded to Sell from Hold at Berenberg
    • Carrier Global (CARR) downgraded to Perform from Outperform at Oppenheimer
    • CyberArk (CYBR) downgraded to Equal Weight from Overweight at Barclays, tgt $520
    • EverCommerce (EVCM) downgraded to Underweight from Equal Weight at Barclays, tgt $11
    • Huntsman (HUN) downgraded to Underperform from Neutral at BofA Securities, tgt $8
    • Micron (MU) downgraded to Neutral from Buy at New Street
    • Nutrien (NTR) downgraded to Neutral from Buy at BofA Securities, tgt $67
    • PagBank (PAGS) downgraded to Neutral from Buy at Goldman, tgt $9
    • Regions Financial (RF) downgraded to Equal Weight from Overweight at Stephens, tgt $27
    • Siemens (SIEGY) downgraded to Equal Weight from Overweight at Morgan Stanley
    • Smith & Nephew (SNN) downgraded to Market Perform from Outperform at Bernstein, tgt $37.50
    • Salesforce (CRM) downgraded to Market Perform from Outperform at Northland, tgt $264
    • Tvardi Therapeutics (TVRD) downgraded to Market Perform from Outperform at Raymond James
    • Tvardi Therapeutics (TVRD) downgraded to Equal Weight from Overweight at Barclays, tgt $5
    • Westlake Chemical (WLK) downgraded to Neutral from Buy at BofA Securities, tgt $87
  • Others
    • Alignment Healthcare (ALHC) initiated with a Buy at Goldman, tgt $21
    • Americold Realty Trust (COLD) initiated with a Neutral at UBS, tgt $14
    • Arch Capital (ACGL) initiated with a Sell at Goldman, tgt $88
    • Ardent Health (ARDT) initiated with a Neutral at Goldman, tgt $19
    • AppLovin (APP) initiated with an Outperform at RBC Capital, tgt $700
    • Bilibili (BILI) initiated with an Outperform at Macquarie, tgt $36.03
    • Centene (CNC) initiated with a Sell at Goldman, tgt $33
    • Cigna (CI) initiated with a Buy at Goldman, tgt $370
    • Cipher Mining (CIFR) initiated with a Neutral at Lucid Capital, tgt $18
    • Circle Internet (CRCL) initiated with an Outperform at William Blair
    • Chord Energy (CHRD) initiated with a Buy at Roth Capital, tgt $130
    • Core Scientific (CORZ) initiated with a Buy at Lucid Capital, tgt $31
    • CRH (CRH) initiated with a Buy at UBS, tgt $138
    • CVS Health (CVS) initiated with a Buy at Goldman, tgt $91
    • Devon Energy (DVN) initiated with a Buy at Roth Capital, tgt $42
    • Dianthus Therapeutics (DNTH) initiated with a Buy at Truist, tgt $56
    • Ecolab (ECL) reinstated with a Buy at Erste Group
    • Elevance Health (ELV) initiated with a Neutral at Goldman
    • Ermenegildo Zegna (ZGN) initiated with a Buy at Jefferies, tgt $12.90
    • Gulfport Energy (GPOR) initiated with a Neutral at Roth Capital, tgt $200
    • HCA Healthcare (HCA) assumed with a Buy at Goldman, tgt $470
    • HighPeak Energy (HPK) reinstated with a Buy at Roth Capital, tgt $12
    • Humana (HUM) initiated with a Sell at Goldman, tgt $235
    • Immunovant (IMVT) initiated with a Hold at Truist, tgt $16
    • Infinity Natural Resources (INR) initiated with a Buy at Roth Capital, tgt $17
    • iRhythm Technologies (IRTC) initiated with a Buy at Freedom Capital, tgt $205
    • Molina Healthcare (MOH) initiated with a Neutral at Goldman, tgt $207
    • Oscar Health (OSCR) initiated with a Neutral at Goldman, tgt $17
    • Ovintiv (OVV) initiated with a Neutral at Roth Capital, tgt $42
    • Pattern Group (PTRN) initiated with a Buy at Goldman, tgt $17
    • Pattern Group (PTRN) initiated with a Buy at Jefferies, tgt $18
    • Pattern Group (PTRN) initiated with a Buy at Needham, tgt $18
    • Pattern Group (PTRN) initiated with a Buy at Stifel, tgt $18
    • Pattern Group (PTRN) initiated with an Outperform at Robert W. Baird, tgt $18
    • Pattern Group (PTRN) initiated with an Outperform at BMO Capital, tgt $19
    • Pattern Group (PTRN) initiated with an Outperform at William Blair
    • Pattern Group (PTRN) initiated with an Overweight at JPMorgan, tgt $18
    • Pattern Group (PTRN) initiated with an Overweight at KeyBanc, tgt $18
    • Perpetua Resources (PPTA) initiated with an Outperform at BMO Capital
    • RenaissanceRe (RNR) initiated with a Sell at Goldman, tgt $256
    • Riley Exploration (REPX) reinstated with a Buy at Roth Capital, tgt $36
    • Riot Platforms (RIOT) initiated with a Buy at Lucid Capital, tgt $25
    • Senti Bio (SNTI) initiated with a Buy at H.C. Wainwright, tgt $12
    • SPX Technologies (SPXC) initiated with an Overweight at Wells Fargo, tgt $205
    • Tenet Healthcare (THC) assumed with a Buy at Goldman, tgt $224
    • UnitedHealth Group (UNH) initiated with a Buy at Goldman, tgt $406
    • Universal Health Services (UHS) assumed with a Neutral at Goldman, tgt $219
    • Upstream Bio (UPB) initiated with a Buy at Truist, tgt $47