>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Affirm (AFRM) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $78
    • Ares Management (ARES) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $202
    • Atmos Energy (ATO) upgraded to Buy from Hold at Argus; tgt $150
    • BlackBerry (BB) upgraded to Buy from Hold at TD Securities; tgt $4
    • Brinker (EAT) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $115
    • Brookline Bancorp (BRKL) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $16
    • Camden National Corp. (CAC) upgraded to Outperform from Mkt Perform at Raymond James; tgt $50
    • DoorDash (DASH) upgraded to Buy from Hold at Argus
    • Evercore (EVR) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $339
    • Federal Realty (FRT) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $125
    • FedEx (FDX) upgraded to Buy from Hold at Loop Capital; tgt raised to $365
    • FREYR Battery (FREY) upgraded to Buy from Neutral at BTIG Research; tgt $4
    • Innoviz Technologies (INVZ) upgraded to Buy from Neutral at Rosenblatt; tgt $4
    • Johnson Controls (JCI) upgraded to Buy from Hold at Argus; tgt $88
    • Kilroy Realty (KRC) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $49
    • Moelis (MC) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $86
    • Spire (SR) upgraded to Outperform from Neutral at Mizuho; tgt raised to $76
    • State Street (STT) upgraded to Neutral from Underweight at JP Morgan; tgt $95
    • Tradeweb Markets (TW) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $150
    • Willis Towers Watson (WTW) upgraded to Buy from Hold at Jefferies; tgt raised to $382
  • Downgrades:
    • Biogen (BIIB) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $164
    • Cabaletta Bio (CABA) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $6
    • Exelixis (EXEL) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt raised to $40
    • Healthcare Realty (HR) downgraded to Neutral from Overweight at JP Morgan; tgt $19
    • HOOKIPA Pharma (HOOK) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $2
    • Kimco Realty (KIM) downgraded to Neutral from Overweight at JP Morgan; tgt $26
    • Lamb Weston (LW) downgraded to Neutral from Buy at Citigroup; tgt lowered to $68
    • Lazard (LAZ) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $57
    • Lennar (LEN) downgraded to Neutral from Buy at BTIG Research
    • Lineage (LINE) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $75
    • Merck (MRK) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $105
    • NIKE (NKE) downgraded to Market Perform from Outperform at Telsey Advisory Group; tgt $80
    • Oracle (ORCL) downgraded to Sell from Neutral at Monness Crespi & Hardt; tgt $130
    • PBF Energy (PBF) downgraded to Sell from Hold at TD Cowen; tgt lowered to $20
    • RxSight (RXST) downgraded to Hold from Buy at Stifel; tgt lowered to $40
    • Spero Therapeutics (SPRO) downgraded to In-line from Outperform at Evercore ISI; tgt $5
  • Others:
    • AirJoule Technologies Corp. (AIRJ) initiated with a Buy at H.C. Wainwright; tgt $12
    • Applied Digital Corporation (APLD) initiated with an Overweight at Cantor Fitzgerald; tgt $15
    • Arrow Financial (AROW) resumed with a Neutral at Piper Sandler; tgt $32
    • Avidity Biosciences (RNA) initiated with a Buy at H.C. Wainwright; tgt $72
    • California Resources Corp (CRC) initiated with a Neutral at JP Morgan; tgt $63
    • Chemung Financial (CHMG) resumed with a Neutral at Piper Sandler; tgt $57
    • Cognex (CGNX) initiated with an Overweight at Cantor Fitzgerald; tgt $49
    • Definitive Healthcare (DH) initiated with an Equal-Weight at Stephens; tgt $5
    • Dianthus Therapeutics (DNTH) initiated with a Buy at TD Cowen
    • Doximity (DOCS) initiated with an Equal-Weight at Stephens; tgt $55
    • Fair Isaac (FICO) initiated with a Neutral at JP Morgan; tgt $2150
    • Financial Inst. (FISI) initiated with an Overweight at Piper Sandler; tgt $33
    • Goodyear Tire (GT) resumed with a Hold at Deutsche Bank; tgt $10
    • IQVIA (IQV) initiated with an Overweight at Stephens; tgt $250
    • IREN Limited (IREN) initiated with a Buy at BTIG Research; tgt $33
    • LCNB (LCNB) initiated with a Market Perform at Hovde Group; tgt $16.25
    • Liquidia Technologies (LQDA) initiated with an Overweight at Wells Fargo; tgt $20
    • Mannkind (MNKD) initiated with an Overweight at Wells Fargo; tgt $9
    • MindMed (MNMD) initiated with a Buy at Chardan Capital Markets; tgt $20
    • Moody's (MCO) initiated with a Buy at Citigroup; tgt $565
    • Motorcar Parts of America (MPAA) initiated with an Overweight at Cantor Fitzgerald; tgt $14
    • Northrim Bank (NRIM) initiated with an Outperform at Hovde Group; tgt $96.50
    • OptimizeRx (OPRX) initiated with an Equal-Weight at Stephens; tgt $5.50
    • Pagaya (PGY) resumed with a Neutral at UBS; tgt $11
    • PennantPark Floating Rate Capital (PFLT) initiated with a Mkt Perform at Raymond James
    • Prothena (PRTA) initiated with a Buy at Chardan Capital Markets; tgt $40
    • Reddit (RDDT) initiated with a Buy at Guggenheim; tgt $210
    • Rhythm Pharmaceuticals (RYTM) initiated with an Outperform at Oppenheimer; tgt $76
    • Rigetti Computing (RGTI) initiated with a Buy at Craig Hallum; tgt $12
    • S&P Global (SPGI) initiated with a Buy at Citigroup; tgt $600
    • Savara (SVRA) initiated with an Overweight at Wells Fargo; tgt $8
    • Stoke Therapeutics (STOK) initiated with a Buy at Chardan Capital Markets; tgt $24
    • Tompkins Finl (TMP) resumed with a Neutral at Piper Sandler; tgt $70
    • Valvoline (VVV) initiated with a Hold at Stifel; tgt $42
    • Vaxcyte (PCVX) initiated with a Buy at Goldman; tgt $135
    • Veeva Systems (VEEV) initiated with an Overweight at Stephens; tgt $280
    • Vital Farms (VITL) initiated with a Buy at Craig Hallum; tgt $50
    • Xometry (XMTR) initiated with an Outperform at Wedbush; tgt $48