>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Alignment Healthcare (ALHC) upgraded to Overweight from Equal-Weight at Stephens; tgt raised to $17
    • AngloGold Ashanti (AU) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt $31
    • Ashtead (ASHTF) upgraded to Outperform from Sector Perform at RBC Capital Mkts
    • Axon (AXON) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $700
    • BMW Group (BMWYY/BMWKY) upgraded to Buy from Neutral at UBS
    • CenterPoint (CNP) upgraded to Buy from Neutral at UBS; tgt raised to $37
    • Century Aluminum (CENX) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $27
    • Citigroup (C) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $82
    • Credo Technology Group (CRDO) upgraded to Buy from Underperform at BofA Securities; tgt $80
    • CVS Health (CVS) upgraded to Buy from Hold at Deutsche Bank; tgt $66
    • Dana Inc (DAN) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt raised to $16
    • DTE Energy (DTE) upgraded to Buy from Neutral at UBS; tgt raised to $143
    • Hugo Boss AG (BOSSY) upgraded to Buy from Neutral at UBS
    • Kroger (KR) upgraded to Buy from Hold at Jefferies; tgt raised to $73
    • PTC Therapeutics (PTCT) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $63
    • South Atlantic Bancshares (SABK) upgraded to Buy from Neutral at Janney; tgt $19
    • State Street (STT) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $120
    • Synchrony Financial (SYF) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $85
    • Upstart (UPST) upgraded to Buy from Neutral at Redburn Atlantic; tgt raised to $95
  • Downgrades:
    • Cavco Industries (CVCO) downgraded to Neutral from Outperform at Wedbush; tgt $480
    • Cousins Prop (CUZ) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt raised to $32
    • EssilorLuxottica (ESLOY) downgraded to Neutral from Buy at UBS
    • FedEx (FDX) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $316
    • Kroger (KR) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt $60
    • Ollie's Bargain Outlet (OLLI) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $95
  • Others:
    • AGCO Corp (AGCO) initiated with an Equal-Weight at Morgan Stanley; tgt $101
    • ASM Intl NV (ASMIY) initiated with a Neutral at Exane BNP Paribas; tgt $561
    • ASML (ASML) resumed with an Outperform at Exane BNP Paribas; tgt $858
    • Coca-Cola European Partners (CCEP) initiated with a Mkt Perform at Bernstein; tgt $82
    • Coca-Cola Hellenic (CCHGY) initiated with an Outperform at Bernstein
    • EQT Corp. (EQT) resumed with a Sector Perform at RBC Capital Mkts; tgt $49
    • Eversource Energy (ES) initiated with an Underperform at Jefferies; tgt $52
    • Everus (ECG) initiated with a Peer Perform at Wolfe Research
    • FedEx (FDX) added to Positive Catalyst Watch ahead of earnings at JP Morgan
    • Instacart (CART) initiated with a Hold at Deutsche Bank; tgt $37
    • Integer Holdings (ITGR) resumed with an Overweight at Wells Fargo; tgt $160
    • iRhythm (IRTC) resumed with an Equal Weight at Wells Fargo; tgt $86
    • Lamb Weston (LW) initiated with a Mkt Perform at Bernstein; tgt $85
    • Nevro (NVRO) initiated with an Equal Weight at Wells Fargo; tgt $5
    • STMicroelectronics (STM) initiated with a Neutral at Exane BNP Paribas; tgt $28