>> US Research Calls I

Research Calls I
  • Upgrades:
    • 3M (MMM) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $170
    • Cerence (CRNC) upgraded to Buy from Hold at Needham; tgt $16
    • Charles Schwab (SCHW) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $93
    • Crinetics Pharmaceuticals (CRNX) upgraded to Buy from Hold at Jefferies; tgt $55
    • Darden Restaurants (DRI) upgraded to Outperform from Mkt Perform at Bernstein; tgt raised to $215
    • Mercantile Bank (MBWM) upgraded to Outperform from Market Perform at Hovde Group; tgt $54
    • Millicom International Cellular (TIGO) upgraded to Buy from Hold at HSBC Securities; tgt $34
    • Netflix (NFLX) upgraded to Buy from Hold at Canaccord Genuity; tgt raised to $1150
    • Netflix (NFLX) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $900
    • Netflix (NFLX) upgraded to Buy from Neutral at Rosenblatt; tgt $1494
    • Nordson (NDSN) upgraded to Buy from Hold at Loop Capital; tgt raised to $280
    • Olympic Steel (ZEUS) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $42
    • Seagate Tech (STX) upgraded to Buy from Hold at The Benchmark Company; tgt $120
    • Seagate Tech (STX) upgraded to Buy from Hold at Summit Insights
  • Downgrades:
    • CAE (CAE) downgraded to Sector Perform from Outperform at National Bank Financial
    • Celsius (CELH) downgraded to Hold from Buy at TD Cowen; tgt lowered to $29
    • Charles River (CRL) downgraded to Mkt Perform from Outperform at William Blair
    • Elevance Health (ELV) downgraded to Equal-Weight from Overweight at Stephens; tgt lowered to $440
    • Fluence (FLNC) downgraded to Hold from Buy at Jefferies; tgt lowered to $15
    • Ford Motor (F) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $11
    • Hepsiburada (HEPS) downgraded to Hold from Buy at HSBC Securities; tgt $3.50
    • New Oriental Education & Technology (EDU) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $50
    • New Oriental Education & Technology (EDU) downgraded to Underperform from Outperform at Macquarie; tgt $44
    • New Oriental Education & Technology (EDU) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $52
    • Reddit (RDDT) downgraded to Neutral from Buy at ROTH MKM; tgt raised to $195
    • Rogers Comms (RCI) downgraded to Equal Weight from Overweight at Barclays
    • STMicroelectronics (STM) downgraded to Underweight from Equal Weight at Barclays
    • Yum! Brands (YUM) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $135
  • Others:
    • Absci Corporation (ABSI) initiated with a Buy at Needham; tgt $9
    • ACV Auctions (ACVA) initiated with an Equal-Weight at Stephens; tgt $20.50
    • APi Group (APG) initiated with a Buy at Truist; tgt $45
    • BBB Foods (TBBB) initiated with a Market Perform at Itau BBA; tgt $32
    • Cytokinetics (CYTK) initiated with a Buy at Stifel; tgt $80
    • Daktronics (DAKT) initiated with a Buy at Craig Hallum; tgt $26
    • Edgewise Therapeutics (EWTX) initiated with a Hold at Stifel; tgt $30
    • OPENLANE (KAR) initiated with an Equal-Weight at Stephens; tgt $20
    • Orthofix (OFIX) initiated with a Buy at Canaccord Genuity; tgt $24
    • Sun Country Airlines (SNCY) initiated with a Overweight at JP Morgan; tgt $23
    • Viking Holdings Ltd (VIK) initiated with a Neutral at Goldman; tgt $49
    • Walt Disney (DIS) resumed with a Buy at Citigroup; tgt $125