Research Calls I
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Upgrades:
- Asana (ASAN) upgraded to Neutral from Underweight at Piper Sandler; tgt lowered to $16
- Bilibili (BILI) upgraded to Buy from Neutral at UBS; tgt raised to $18
- Century Communities (CCS) upgraded to Neutral from Underperform at Wedbush; tgt $82
- Fifth Third (FITB) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $43
- Hancock Whitney (HWC) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $55
- Heartland Financial (HTLF) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $54
- Hormel Foods (HRL) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $29
- Independent Bank Group (IBTX) upgraded to Overweight from Underweight at Piper Sandler; tgt raised to $58
- NetApp (NTAP) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $125
- Seacoast Banking (SBCF) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $27
- UMB Financial Corporation (UMBF) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $98
- Wynn Resorts (WYNN) upgraded to Buy from Neutral at Seaport Research Partners; tgt $116
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Downgrades:
- Cactus (WHD) downgraded to Accumulate from Buy at Johnson Rice
- ConnectOne Bancorp (CNOB) downgraded to Mkt Perform from Outperform at Keefe Bruyette
- OceanFirst Finl (OCFC) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $18
- Valley National (VLY) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $8
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Others:
- Abacus Life (ABL) initiated with a Buy at B. Riley Securities; tgt $16
- AC Immune (ACIU) initiated with a Buy at BTIG Research; tgt $8
- Agree Realty (ADC) initiated with a Neutral at UBS; tgt $60
- Allogene (ALLO) initiated with an Overweight at Piper Sandler; tgt $11
- Apellis Pharmaceuticals (APLS) initiated with a Neutral at Piper Sandler; tgt $46
- Arcellx (ACLX) initiated with an Overweight at Piper Sandler; tgt $70
- Ascendis Pharma (ASND) initiated with a Buy at Stifel; tgt $200
- Beazer Homes (BZH) initiated with an Outperform at Oppenheimer; tgt $37
- BHP Group (BHP) resumed with a Buy at Citigroup
- Birkenstock Holding Plc (BIRK) initiated with a Buy at William O'Neil
- Elevation Oncology (ELEV) initiated with an Overweight at Piper Sandler; tgt $10
- Essential Properties Realty Trust (EPRT) initiated with a Buy at UBS; tgt $30
- Federal Signal (FSS) initiated with an Outperform at William Blair
- Immunome (IMNM) initiated with an Overweight at Piper Sandler; tgt $27
- Landsea Homes (LSEA) initiated with an Outperform at Oppenheimer; tgt $14
- Lemaitre Vascular (LMAT) resumed with a Buy at ROTH MKM; tgt $100
- Lionsgate Studios (LION) initiated with a Buy at Citigroup; tgt $14
- New Gold (NGD) resumed with an Outperform at BMO Capital Markets
- NNN REIT (NNN) initiated with a Neutral at UBS; tgt $41
- Ocular Therapeutix (OCUL) resumed with an Overweight at Piper Sandler; tgt $15
- PayPal (PYPL) initiated with a Buy at New Street; tgt $80
- Quad/Graphics (QUAD) initiated with a Buy at Rosenblatt; tgt $7.50
- Regulus Therapeutics (RGLS) initiated with a Buy at JonesTrading
- Rubrik (RBRK) initiated with an Overweight at Cantor Fitzgerald; tgt $50
- Sarepta Therapeutics (SRPT) initiated with an Overweight at Piper Sandler; tgt $157
- Solid Biosciences (SLDB) resumed with an Overweight at Piper Sandler; tgt $20
- Vestis (VSTS) initiated with a Mkt Perform at William Blair
- W.P. Carey (WPC) initiated with a Neutral at UBS; tgt $57