>>> US Research Calls I

Research Calls I
  • Upgrades
    • Alexandria Real Estate (ARE) upgraded to Outperform from In Line at Evercore ISI, tgt $104
    • C4 Therapeutics (CCCC) upgraded to Overweight from Equal Weight at Stephens, tgt $6
    • CNX Resources (CNX) upgraded to Neutral from Underperform at Mizuho, tgt $34
    • Columbia Banking System (COLB) upgraded to Strong Buy from Outperform at Raymond James, tgt $31
    • CubeSmart (CUBE) upgraded to Outperform from In Line at Evercore ISI, tgt $48
    • Eaton (ETN) upgraded to Buy from Hold at Melius Research, tgt $495
    • Essential Properties Realty Trust (EPRT) upgraded to Outperform from In Line at Evercore ISI, tgt $36
    • GE Vernova (GEV) upgraded to Buy from Hold at Melius Research, tgt $740
    • Healthpeak Properties (DOC) upgraded to Outperform from Market Perform at Raymond James, tgt $20
    • Hershey (HSY) upgraded to Outperform from Neutral at BNP Paribas Exane
    • OpenText (OTEX) upgraded to Outperform from Sector Perform at National Bank Financial, tgt $45
    • Union Pacific (UNP) upgraded to Buy from Neutral at Citigroup, tgt $251
    • Upbound Group (UPBD) upgraded to Buy from Hold at Loop Capital, tgt $36
    • Valley National Bancorp (VLY) upgraded to Buy from Neutral at Citigroup, tgt $13.50
  • Downgrades
    • Builders FirstSource (BLDR) downgraded to Neutral from Outperform at Wedbush, tgt $145
    • CVR Energy (CVI) downgraded to Underperform from Neutral at Mizuho, tgt $29
    • Federal Realty Investment Trust (FRT) downgraded to In Line from Outperform at Evercore ISI, tgt $107
    • Healthcare Realty Trust (HR) downgraded to Underperform at Raymond James
    • New Mountain Finance (NMFC) downgraded to Underperform from Buy at BofA Securities, tgt $10
    • NextDecade (NEXT) downgraded to Hold from Buy at TD Cowen, tgt $8
    • Prosperity Bancshares (PB) downgraded to Neutral from Buy at Citigroup, tgt $68
    • Simon Property Group (SPG) downgraded to In Line from Outperform at Evercore ISI, tgt $187
    • Talos Energy (TALO) downgraded to Neutral from Outperform at Mizuho, tgt $11
    • Under Armour (UAA) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $6
  • Others
    • Broadcom (AVGO) initiated with an Outperform at Macquarie, tgt $420
    • Bullish (BLSH) initiated with a Market Perform at Keefe Bruyette, tgt $55
    • Cognex (CGNX) initiated with a Neutral at JPMorgan, tgt $45
    • Ermenegildo Zegna Group (ZGN) initiated with an Overweight at JPMorgan, tgt $11
    • Fractyl Health (GUTS) initiated with a Buy at H.C. Wainwright, tgt $9
    • Maison Solutions (MSS) initiated with a Buy at Ascendiant Capital, tgt $4
    • Microchip Technology (MCHP) initiated with an Equal Weight at Wells Fargo, tgt $60
    • NuScale Power (SMR) initiated with a Sector Perform at RBC Capital, tgt $35
    • Ocular Therapeutix (OCUL) initiated with a Buy at Chardan Capital Markets, tgt $21
    • Regal Rexnord (RRX) initiated with an Overweight at JPMorgan, tgt $200
    • Scholar Rock (SRRK) initiated with an Outperform at Leerink, tgt $51
    • Smurfit Westrock (SW) initiated with a Buy at UBS, tgt $60
    • Timken (TKR) initiated with a Neutral at JPMorgan, tgt $80
    • West Coast Community Bank (WCCB) initiated with a Buy at DA Davidson, tgt $50
    • West Pharmaceutical (WST) initiated with a Buy at Rothschild & Co Redburn, tgt $311