>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Agnico Eagle (AEM) upgraded to Buy from Hold at Erste Group
    • AIG (AIG) upgraded to Buy from Neutral at Goldman, tgt $90
    • Builders FirstSource (BLDR) upgraded to Outperform from Sector Perform at RBC Capital, tgt $119
    • Cross Country Healthcare (CCRN) upgraded to Buy from Hold at Benchmark, tgt $14
    • Dauch Corporation (DCH) upgraded to Buy from Hold at Deutsche Bank, tgt $8
    • Dow Inc. (DOW) upgraded to Market Perform from Underperform at BMO Capital, tgt $35
    • Airbus (EADSY) upgraded to Buy from Neutral at Citigroup
    • LyondellBasell (LYB) upgraded to Market Perform from Underperform at BMO Capital, tgt $68
    • Mayville Engineering Company (MEC) upgraded to Outperform from Market Perform at Northland Capital; tgt $25
    • Meta Platforms (META) upgraded to Buy from Hold at Erste Group
    • MongoDB (MDB) upgraded to Outperform from Sector Perform at Scotiabank, tgt $310
    • Penn Entertainment (PENN) upgraded to Buy from Hold at Benchmark, tgt $21
    • Seadrill (SDRL) upgraded to Neutral from Sell at Citigroup, tgt $46
    • SSR Mining (SSRM) upgraded to Outperform from Market Perform at BMO Capital, tgt $41
    • Marriott Vacations (VAC) upgraded to Outperform from Neutral at Mizuho, tgt $104
    • Westlake (WLK) upgraded to Outperform from Market Perform at BMO Capital, tgt $127
  • Downgrades:
    • American Airlines (AAL) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $12.50
    • Allstate (ALL) downgraded to Neutral from Buy at Goldman, tgt $231
    • Barclays (BCS) downgraded to Hold from Buy at Erste Group
    • Edison International (EIX) downgraded to Sell from Neutral at Ladenburg, tgt $63
    • Grocery Outlet (GO) downgraded to Hold from Buy at Jefferies, tgt $7
    • Meta Platforms (META) downgraded to Neutral from Buy at Arete
    • Morgan Stanley (MS) downgraded to Hold from Buy at Erste Group
    • Sable Offshore Corp. (SOC) downgraded to Hold from Buy at The Benchmark Company
    • StubHub (STUB) downgraded to Neutral from Outperform at Wedbush, tgt $10
    • StubHub (STUB) downgraded to Neutral from Overweight at JPMorgan, tgt $10
    • Tencent Music (TME) downgraded to Neutral from Outperform at Macquarie, tgt $14.10
    • Webtoon (WBTN) downgraded to Neutral from Buy at Goldman, tgt $10
    • Walmart (WMT) downgraded to Hold from Buy at Erste Group
  • Others:
    • Affirm (AFRM) reinstated with a Buy at BofA Securities, tgt $82
    • AGI (AGBK) initiated with a Buy at HSBC, tgt $15
    • American Tower (AMT) initiated with a Market Perform at Bernstein, tgt $205
    • Astera Labs (ALAB) initiated with a Buy at Loop Capital, tgt $250
    • Avita Medical (RCEL) initiated with an Outperform at Northland Capital; tgt $10
    • Blackstone (BX) reinstated with an Equal Weight at Barclays, tgt $126
    • Block (XYZ) reinstated with a Buy at BofA Securities, tgt $88
    • CoreWeave (CRWV) initiated with an Underperform at Bernstein, tgt $56
    • Crown Castle (CCI) initiated with an Outperform at Bernstein, tgt $102
    • Digital Realty (DLR) initiated with an Outperform at Bernstein, tgt $218
    • Equinix (EQIX) initiated with an Outperform at Bernstein, tgt $1,128
    • Klarna (KLAR) reinstated with a Buy at BofA Securities, tgt $21
    • MasterCard (MA) reinstated with a Buy at BofA Securities, tgt $700
    • NexGen Energy (NXE) initiated with a Buy at UBS
    • PayPal (PYPL) reinstated with a Neutral at BofA Securities, tgt $48
    • SBA Communications (SBAC) initiated with a Market Perform at Bernstein, tgt $218
    • Sunbelt Rentals (SUNB) initiated with a Neutral at JPMorgan, tgt $78
    • Vanda Pharmaceuticals (VNDA) initiated with a Buy at Truist, tgt $18
    • Visa (V) reinstated with a Buy at BofA Securities, added to US 1 List, tgt $410