>>> US Research Calls I

Research Calls I
  • Upgrades
    • AppFolio (APPF) upgraded to Overweight from Sector Weight at KeyBanc, tgt $285
    • Bentley Systems (BSY) upgraded to Buy from Neutral at Rosenblatt, tgt $58
    • Boston Properties (BXP) upgraded to Overweight from Neutral at JPMorgan, tgt $83
    • Commercial Metals (CMC) upgraded to Buy from Neutral at Citigroup, tgt $65
    • Continental AG (CTTAY) upgraded to Buy from Hold at Deutsche Bank
    • Deere (DE) upgraded to Buy from Neutral at UBS, tgt $535
    • Freeport-McMoRan (FCX) upgraded to Buy from Hold at HSBC, tgt $50
    • Intuitive Machines (LUNR) upgraded to Buy from Hold at Deutsche Bank, tgt $18
    • International Paper (IP) upgraded to Buy from Hold at Stifel, tgt $57.80
    • Invitation Homes (INVH) upgraded to Overweight from Neutral at JPMorgan, tgt $38
    • Jefferies Financial (JEF) upgraded to Outperform from Perform at Oppenheimer, tgt $81
    • Marsh McLennan (MMC) upgraded to Market Perform from Underperform at Keefe Bruyette, tgt $191
    • Moody's (MCO) upgraded to Market Perform from Underperform at Raymond James
    • Pinnacle Financial (PNFP) upgraded to Outperform from Market Perform at Hovde Group, tgt $106
    • Zions Bancorp (ZION) upgraded to Outperform from Neutral at Robert W. Baird, tgt $65
  • Downgrades
    • AST SpaceMobile (ASTS) downgraded to Underweight from Overweight at Barclays, tgt $60
    • Bank OZK (OZK) downgraded to Market Perform from Outperform at Raymond James
    • Booz Allen (BAH) downgraded to Hold from Buy at TD Cowen, tgt $105
    • Bragg Gaming (BRAG) downgraded to Market Perform from Outperform at Citizens JMP
    • Graphic Packaging (GPK) downgraded to Market Perform from Outperform at Raymond James
    • Kezar Life Sciences (KZR) downgraded to Market Perform from Outperform at William Blair
    • Kezar Life Sciences (KZR) downgraded to Hold from Buy at Jefferies, tgt $7
    • Kilroy Realty (KRC) downgraded to Neutral from Overweight at JPMorgan, tgt $44
    • Reinsurance Group (RGA) downgraded to Underperform at Raymond James
    • Silgan Holdings (SLGN) downgraded to Outperform from Strong Buy at Raymond James, tgt $53
    • SmartStop Self Storage (SMA) downgraded to Neutral from Overweight at JPMorgan, tgt $39
    • Sonoco (SON) downgraded to Market Perform from Outperform at Raymond James
    • Southern Company (SO) downgraded to Neutral from Buy at Ladenburg, tgt $102.50
    • UDR (UDR) downgraded to Neutral from Overweight at JPMorgan, tgt $46
  • Others
    • Ascendis Pharma (ASND) initiated with a Strong Buy at Raymond James, tgt $271
    • BP (BP) initiated with an Equal Weight at Wells Fargo, tgt $37
    • Cracker Barrel (CBRL) initiated with an Equal Weight at Wells Fargo, tgt $42
    • Credo Technology (CRDO) initiated with an Overweight at JPMorgan, tgt $165
    • Delek US (DK) initiated with an Overweight at Wells Fargo, tgt $43
    • Exxon Mobil (XOM) initiated with an Overweight at Wells Fargo, tgt $156
    • HF Sinclair (DINO) initiated with an Equal Weight at Wells Fargo, tgt $58
    • iBio (IBIO) initiated with an Outperform at Leerink, tgt $2
    • InvenTrust Properties (IVT) initiated with a Neutral at JPMorgan, tgt $30
    • Kopin (KOPN) resumed with a Buy at Stifel, tgt $5.50
    • Kontoor Brands (KTB) initiated with an Outperform at Robert W. Baird, tgt $105
    • Marathon Petroleum (MPC) initiated with an Overweight at Wells Fargo, tgt $214
    • Occidental (OXY) initiated with an Underweight at Wells Fargo, tgt $42
    • Phillips 66 (PSX) initiated with an Overweight at Wells Fargo, tgt $154
    • Primo Brands (PRMB) initiated with a Hold at Jefferies, tgt $23
    • Shell (SHEL) initiated with an Equal Weight at Wells Fargo, tgt $76
    • Suncor (SU) initiated with an Equal Weight at Wells Fargo
    • Valero (VLO) initiated with an Overweight at Wells Fargo, tgt $216
    • Veracyte (VCYT) initiated with a Buy at Freedom Capital, tgt $45
    • VSE Corp. (VSEC) initiated with a Buy at Deutsche Bank, tgt $195