Research Calls I
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Upgrades:
- Banco Santander Brasil (BSBR) upgraded to Overweight from Neutral at JP Morgan; tgt lowered to $6
- Elastic (ESTC) upgraded to Outperform from Neutral at Wedbush; tgt $135
- Equinor (EQNR) upgraded to Overweight from Equal Weight at Barclays
- Jones Lang LaSalle (JLL) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $353
- KinderCare Learning Companies (KLC) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $30
- Procter & Gamble (PG) upgraded to Buy from Neutral at DA Davidson; tgt raised to $209
- Robinhood Markets (HOOD) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $55
- Sally Beauty (SBH) upgraded to Buy from Hold at TD Cowen; tgt raised to $16
- Snowflake (SNOW) upgraded to Outperform from Neutral at Wedbush; tgt $190
- Synchronoss Tech (SNCR) upgraded to Buy from Neutral at ROTH MKM; tgt raised to $13
- The Trade Desk (TTD) upgraded to Neutral from Sell at New Street; tgt raised to $115
- U.S. Bancorp (USB) upgraded to Buy from Neutral at Citigroup; tgt raised to $65
- W.R. Berkley (WRB) upgraded to Buy from Neutral at Goldman; tgt $69
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Downgrades:
- Arthur J. Gallagher (AJG) downgraded to Neutral from Buy at Goldman; tgt $313
- Banco Bradesco (BBD) downgraded to Neutral from Overweight at JP Morgan
- Block (SQ) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt raised to $100
- Community Health (CYH) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $2.50
- Despegar.com (DESP) downgraded to Sell from Buy at TD Cowen; tgt raised to $14
- Eagle Materials (EXP) downgraded to Hold from Buy at Loop Capital; tgt $315
- Editas Medicine (EDIT) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $1
- Expensify (EXFY) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
- Five Below (FIVE) downgraded to Market Perform from Outperform at Telsey Advisory Group; tgt lowered to $95
- HCA (HCA) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $320
- M&T Bank (MTB) downgraded to Neutral from Buy at Citigroup; tgt raised to $230
- Mainz Biomed B.V. (MYNZ) downgraded to Neutral from Buy at H.C. Wainwright
- Newmark Group (NMRK) downgraded to Peer Perform from Outperform at Wolfe Research
- NIO (NIO) downgraded to Sell from Neutral at Goldman; tgt lowered to $3.90
- Perspective Therapeutics (CATX) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $5
- Red Rock Resorts (RRR) downgraded to Neutral from Outperform at Mizuho; tgt lowered to $44
- Select Medical (SEM) downgraded to Hold from Buy at The Benchmark Company
- Smith Douglas Homes Corp (SDHC) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $36
- Tenet Healthcare (THC) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $150
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Others:
- AES (AES) resumed with an Underperform at BofA Securities; tgt $11
- Apogee Therapeutics (APGE) initiated with a Buy at Canaccord Genuity; tgt $89
- Arm Holdings plc (ARM) initiated with a Buy at UBS; tgt $160
- Berry Global (BERY) resumed with an Overweight at JP Morgan; tgt raised to $76
- Berry Global (BERY) resumed with a Neutral at Citigroup; tgt $76
- Brown-Forman (BF.B) initiated with an Outperform at Exane BNP Paribas; tgt $48
- Constellation Brands (STZ) initiated with a Neutral at Exane BNP Paribas; tgt $261
- Coursera (COUR) initiated with a Neutral at JP Morgan; tgt $8
- CSW Industrials (CSWI) initiated with an Equal Weight at Wells Fargo; tgt $425
- Hannon Armstrong Sust. Infr. (HASI) resumed with a Buy at BofA Securities; tgt $40
- Immunic (IMUX) initiated with a Buy at H.C. Wainwright; tgt $10
- Manhattan Assoc (MANH) initiated with an Overweight at Piper Sandler; tgt $326
- MARA Holdings Inc. (MARA) initiated with an Equal Weight at Barclays; tgt $27
- Marsh McLennan (MMC) resumed with an Outperform at Evercore ISI; tgt $242
- Molson Coors Brewing (TAP) initiated with a Neutral at Exane BNP Paribas; tgt $64
- Sarepta Therapeutics (SRPT) initiated with a Sell at H.C. Wainwright; tgt $80
- Shoals Technologies (SHLS) initiated with a Buy at BofA Securities; tgt $6
- SPS Commerce (SPSC) initiated with a Neutral at Piper Sandler; tgt $198
- SPX Technologies (SPXC) initiated with an Outperform at Wolfe Research; tgt $199
- Viridian Therapeutics (VRDN) initiated with a Buy at TD Cowen
- V2X (VVX) initiated with a Buy at BTIG Research; tgt $80