Research Calls
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Upgrades:
- Avis Budget (CAR) upgraded to Buy from Neutral at Northcoast; tgt $155
- Cincinnati Fincl (CINF) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt raised to $135
- Foot Locker (FL) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $32
- GoodRx (GDRX) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $10
- HUYA (HUYA) upgraded to Buy from Neutral at BofA Securities; tgt $5.80
- Laboratory Corp (LH) upgraded to Buy from Hold at Argus; tgt $250
- Masimo (MASI) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $160
- Petrobras (PBR) upgraded to Buy from Hold at HSBC Securities; tgt $18
- Tempur Sealy Int'l (TPX) upgraded to Buy from Hold at Loop Capital; tgt raised to $75
- Walt Disney (DIS) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $135
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Downgrades:
- BigCommerce (BIGC) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $7.50
- BWX Technologies (BWXT) downgraded to Hold from Buy at Truist; tgt lowered to $95
- Canadian Pacific (CP) downgraded to Sector Perform from Sector Outperform at Scotiabank
- Curtiss-Wright (CW) downgraded to Hold from Buy at Truist; tgt lowered to $240
- Dave & Buster's (PLAY) downgraded to Mkt Perform from Outperform at Raymond James
- Financial Inst. (FISI) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $19
- Kinder Morgan (KMI) downgraded to Hold from Buy at Truist; tgt lowered to $20
- McDonald's (MCD) downgraded to Hold from Buy at Argus
- NIO (NIO) downgraded to Neutral from Buy at Mizuho; tgt $5.50
- Rivian Automotive (RIVN) downgraded to Neutral from Buy at Mizuho; tgt $12
- Scotts Miracle-Gro (SMG) downgraded to Mkt Perform from Strong Buy at Raymond James
- Societe Generale (SCGLY) downgraded to Equal-Weight from Overweight at Morgan Stanley
- Telus (TU) downgraded to Sector Perform from Sector Outperform at Scotiabank
- Tesla (TSLA) downgraded to Neutral from Buy at Mizuho; tgt $195
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Others:
- Bank of America (BAC) initiated with an Accumulate at Phillip Securities
- CS Disco (LAW) resumed with a Neutral from Overweight at JP Morgan; tgt $9
- Healthpeak Properties (DOC) resumed with an Equal Weight at Wells Fargo; tgt $19
- JPMorgan Chase (JPM) initiated with a Buy at Phillip Securities
- Kinetik (KNTK) initiated with an Outperform at RBC Capital Mkts; tgt $40
- Sagimet Biosciences (SGMT) initiated with an Outperform at Leerink Partners; tgt $26
- Super Micro Computer (SMCI) initiated with an Overweight at JP Morgan; tgt $1150
- Wells Fargo (WFC) initiated with an Accumulate at Phillip Securities