>>> US Research Calls I

Research Calls I
  • Upgrades
    • Alibaba (BABA) upgraded to Buy from Hold at Erste Group
    • Bank of America (BAC) upgraded to Buy from Hold at Erste Group
    • Caterpillar (CAT) upgraded to Buy from Hold at Erste Group
    • Coinbase (COIN) upgraded to Buy from Neutral at Rothschild & Co Redburn, tgt $417
    • Curbline Properties (CURB) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $27
    • Delek US (DK) upgraded to Equal Weight from Underweight at Morgan Stanley, tgt $34
    • Duke Energy (DUK) upgraded to Outperform from Sector Perform at Scotiabank, tgt $137
    • Entergy (ETR) upgraded to Outperform from Sector Perform at Scotiabank, tgt $105
    • Freeport-McMoRan (FCX) upgraded to Buy from Neutral at UBS, tgt $48
    • Johnson & Johnson (JNJ) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $212
    • Knight-Swift (KNX) upgraded to Buy from Hold at Stifel, tgt $45
    • Occidental Petroleum (OXY) upgraded to Outperform from Neutral at Mizuho, tgt $60
    • Occidental Petroleum (OXY) upgraded to Buy from Hold at HSBC, tgt $55
    • Schneider National (SNDR) upgraded to Buy from Hold at Stifel, tgt $25
    • Woodward (WWD) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $300
    • Zillow Group (ZG) upgraded to Buy from Hold at Gordon Haskett, tgt $90
  • Downgrades
    • BlackBerry (BB) downgraded to Hold from Buy at TD Securities, tgt $5
    • Boston Scientific (BSX) downgraded to Hold from Buy at Erste Group
    • Bumble (BMBL) downgraded to Neutral from Buy at Goldman, tgt $7
    • Celestica (CLS) downgraded to Hold from Buy at TD Securities, tgt $238
    • Corteva (CTVA) downgraded to Sector Weight from Overweight at KeyBanc
    • DTE Energy (DTE) downgraded to Sector Perform from Outperform at Scotiabank, tgt $147
    • Hecla Mining (HL) downgraded to Sell from Neutral at Roth Capital, tgt $8.75
    • L'Oreal (LRLCY) downgraded to Hold from Buy at Erste Group
    • PBF Energy (PBF) downgraded to Underweight from Equal Weight at Morgan Stanley, tgt $27
    • PayPal (PYPL) downgraded to Peer Perform from Outperform at Wolfe Research
    • RLJ Lodging Trust (RLJ) downgraded to Neutral from Outperform at Robert W. Baird, tgt $7.50
    • Southern Company (SO) downgraded to Sector Perform from Outperform at Scotiabank, tgt $99
    • Tronox (TROX) downgraded to Neutral from Overweight at JPMorgan
    • Valero Energy (VLO) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $175
  • Others
    • Ameriprise (AMP) initiated with a Market Perform at BMO Capital, tgt $525
    • Apollo Global (APO) initiated with a Market Perform at BMO Capital, tgt $132
    • Ares Management (ARES) initiated with a Market Perform at BMO Capital, tgt $156
    • BAE Systems (BAESY) reinstated with a Buy at Erste Group
    • BNY Mellon (BK) initiated with an Outperform at BMO Capital, tgt $125
    • BlackRock (BLK) initiated with an Outperform at BMO Capital, tgt $1,280
    • Blackstone (BX) initiated with an Outperform at BMO Capital, tgt $190
    • Carlyle (CG) initiated with an Outperform at BMO Capital, tgt $74
    • Charles Schwab (SCHW) initiated with an Outperform at BMO Capital, tgt $110
    • Circle Internet (CRCL) initiated with a Neutral at Rothschild & Co Redburn, tgt $136
    • Cognyte (CGNT) initiated with a Buy at Roth Capital, tgt $14
    • Colgate-Palmolive (CL) assumed with a Neutral at Piper Sandler, tgt $84
    • Descartes Systems (DSGX) resumed with a Buy at TD Securities, tgt $121
    • Docebo (DCBO) resumed with a Buy at TD Securities, tgt $37
    • Evercore (EVR) initiated with a Market Perform at BMO Capital, tgt $358
    • Franklin Resources (BEN) initiated with an Outperform at BMO Capital, tgt $26
    • Goldman Sachs (GS) initiated with a Market Perform at BMO Capital, tgt $785
    • Hamilton Lane (HLNE) initiated with an Outperform at BMO Capital, tgt $150
    • Houlihan Lokey (HLI) initiated with an Outperform at BMO Capital, tgt $230
    • I-Mab (IMAB) initiated with an Outperform at Leerink, tgt $9
    • Invesco (IVZ) initiated with an Outperform at BMO Capital, tgt $28
    • Interactive Brokers (IBKR) initiated with an Outperform at BMO Capital, tgt $82
    • Janus Henderson (JHG) initiated with an Outperform at BMO Capital, tgt $52
    • Jefferies Financial (JEF) initiated with a Market Perform at BMO Capital, tgt $69
    • Lazard (LAZ) initiated with a Market Perform at BMO Capital, tgt $56
    • LPL Financial (LPLA) initiated with an Outperform at BMO Capital, tgt $365
    • Moelis (MC) initiated with a Market Perform at BMO Capital, tgt $74
    • Morgan Stanley (MS) initiated with an Outperform at BMO Capital, tgt $180
    • Northern Trust (NTRS) initiated with a Market Perform at BMO Capital, tgt $142
    • PJT Partners (PJT) initiated with an Outperform at BMO Capital, tgt $205
    • Procore (PCOR) initiated with a Buy at Berenberg, tgt $84
    • RLI Corp. (RLI) initiated with a Hold at Truist, tgt $62
    • Raymond James (RJF) initiated with a Market Perform at BMO Capital, tgt $180
    • Red Cat (RCAT) initiated with a Buy at Needham, tgt $17
    • Shopify (SHOP) resumed with a Hold at TD Securities, tgt $156
    • State Street (STT) initiated with an Outperform at BMO Capital, tgt $130
    • Stepstone Group (STEP) initiated with an Outperform at BMO Capital, tgt $74
    • Stifel Financial (SF) initiated with a Market Perform at BMO Capital, tgt $121
    • T. Rowe Price (TROW) initiated with a Market Perform at BMO Capital, tgt $108
    • TPG (TPG) initiated with an Outperform at BMO Capital, tgt $65
    • Trimble (TRMB) initiated with a Buy at Berenberg, tgt $95
    • Uniti Group (UNIT) reinstated with an Equal Weight at Barclays, tgt $6
    • WEC Energy (WEC) initiated with a Buy at Citigroup, tgt $131