>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Adobe (ADBE) upgraded to Neutral from Underperform at Exane BNP Paribas; tgt $425
    • CareDx (CDNA) upgraded to Equal Weight from Underweight at Wells Fargo; tgt lowered to $24
    • CBRE Group (CBRE) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $160
    • Centerspace (CSR) upgraded to Buy from Neutral at Janney; tgt $72
    • Devon Energy (DVN) upgraded to Outperform from Mkt Perform at Bernstein; tgt $45
    • Digital Realty Trust (DLR) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $194
    • Edison (EIX) upgraded to Neutral from Sell at Ladenburg Thalmann; tgt $56.50
    • EQT Corp. (EQT) upgraded to Outperform from Mkt Perform at Bernstein; tgt $73
    • Healthpeak Properties (DOC) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $25
    • KB Home (KBH) upgraded to Neutral from Sell at Seaport Research Partners
    • Macerich (MAC) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt $20
    • NNN REIT (NNN) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $48
    • NorthWestern (NWE) upgraded to Buy from Neutral at Ladenburg Thalmann; tgt $57.50
    • SAP SE (SAP) upgraded to Buy from Hold at Kepler
    • The Shyft Group (SHYF) upgraded to Buy from Neutral at DA Davidson; tgt $15
    • Weyerhaeuser (WY) upgraded to Sector Outperform from Neutral at CIBC; tgt $35
  • Downgrades:
    • Aris Water Solutions (ARIS) downgraded to In-line from Outperform at Evercore ISI; tgt raised to $27
    • Douglas Emmett (DEI) downgraded to Neutral from Buy at Janney
    • Gaming and Leisure Properties (GLPI) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $53
    • Helmerich & Payne (HP) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $39
    • Intuit (INTU) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $530
    • Lam Research (LRCX) downgraded to Peer Perform from Outperform at Wolfe Research
    • NNN REIT (NNN) downgraded to Neutral from Buy at Janney; tgt $43
    • Noble Corporation (NE) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $41
    • NOV Inc. (NOV) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $18
    • Safehold (SAFE) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $19
    • SentinelOne (S) downgraded to Neutral from Buy at UBS; tgt lowered to $25
    • SLB (SLB) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $44
    • Tidewater (TDW) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $68
    • Transocean (RIG) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $5
    • Valaris (VAL) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $59
    • XPO, Inc. (XPO) downgraded to Hold from Buy at Stifel; tgt lowered to $124
  • Others:
    • Affirm (AFRM) initiated with an Outperform at William Blair
    • CNX Resources (CNX) initiated with a Hold at TD Cowen; tgt $27
    • Curbline Properties (CURB) initiated with a Neutral at Compass Point; tgt $24
    • Enbridge (ENB) initiated with a Buy at TD Securities
    • Pembina Pipeline (PBA) initiated with a Buy at TD Securities
    • SoFi Technologies (SOFI) initiated with an Outperform at William Blair
    • South Bow Corporation (SOBO) initiated with a Hold at TD Securities
    • TC Energy (TRP) initiated with a Buy at TD Securities