>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Allstate (ALL) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt raised to $191
    • e.l.f. Beauty (ELF) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $230
    • Fortinet (FTNT) upgraded to Buy from Hold at TD Cowen; tgt $75
    • Gap (GPS) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $29
  • Downgrades:
    • CrowdStrike (CRWD) downgraded to Sell from Neutral at Redburn Atlantic; tgt lowered to $275
    • Doximity (DOCS) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $19
    • Elevance Health (ELV) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $530
    • First Horizon (FHN) downgraded to Outperform from Strong Buy at Raymond James; tgt $18
    • Five Below (FIVE) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $79
    • Foot Locker (FL) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $18
    • Hub Group (HUBG) downgraded to Hold from Buy at TD Cowen; tgt lowered to $43
    • Leslie's (LESL) downgraded to Sell from Hold at Stifel; tgt lowered to $2.50
    • Torrid (CURV) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt $5
  • Others:
    • AstraZeneca (AZN) initiated with a Buy at BOCOM Int'l
    • Bristol-Myers (BMY) initiated with a Sell at BOCOM Int'l
    • Frontier Communications Parent (FYBR) initiated with a Buy at UBS; tgt $33
    • Grocery Outlet (GO) initiated with an Overweight at Wells Fargo; tgt $28
    • LCI Industries (LCII) initiated with a Buy at The Benchmark Company; tgt $130