Research Calls I
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Upgrades:
- Banco Macro (BMA) upgraded to Buy from Hold at HSBC, tgt $85
- Devon Energy (DVN) upgraded to Strong Buy from Outperform at Raymond James, tgt $72
- L'Oreal (LRLCY) upgraded to Neutral from Underperform at BNP Paribas Exane
- Grupo Aeroportuario del Pacifico (PAC) upgraded to Outperform from Neutral at Bradesco BBI, tgt $285
- Twist Bioscience (TWST) upgraded to Outperform from Market Perform at Leerink Partners; tgt $70
- UFP Industries (UFPI) upgraded to Outperform from Market Perform at BMO Capital, tgt $108
- Ulta Beauty (ULTA) upgraded to Buy from Neutral at BofA Securities, tgt $685
- Banco Macro (BMA) upgraded to Buy from Hold at HSBC, tgt $85
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Downgrades:
- Amgen (AMGN) downgraded to Hold from Buy at Erste Group
- Cogent Communications (CCOI) downgraded to Overweight from Neutral at JPMorgan, tgt $22
- Fermi (FRMI) downgraded to Neutral from Buy at UBS, tgt $6
- Inspire Medical Systems (INSP) downgraded to Neutral from Buy at BofA Securities, tgt $53
- Inspire Medical Systems (INSP) downgraded to Neutral from Overweight at Piper Sandler, tgt $55
- James River Group Holdings (JRVR) downgraded to Market Perform from Outperform at Citizens
- Roblox (RBLX) downgraded to Neutral from Overweight at Piper Sandler, tgt $50
- Shell plc (SHEL) downgraded to Hold from Buy at Erste Group
- Tractor Supply Company (TSCO) downgraded to Neutral from Overweight at Piper Sandler, tgt $36
- Verizon (VZ) downgraded to Hold from Buy at Erste Group
- Others:
- AbCellera Biologics (ABCL) initiated with an Overweight at Cantor Fitzgerald; tgt $7
- ACM Research (ACMR) initiated with a Buy at Seaport Research, tgt $75
- Aclaris Therapeutics (ACRS) initiated with a Buy at Guggenheim, tgt $12
- Adicet Bio (ACET) assumed with a Buy at Jefferies, tgt $19
- Alto Neuroscience (ANRO) initiated with a Buy at BofA Securities, tgt $35
- Apollo Commercial Real Estate (ARI) resumed with a Neutral at BofA Securities; tgt $11.50
- Applied Materials (AMAT) initiated with a Buy at Seaport Research, tgt $500
- Biomea Fusion (BMEA) initiated with an Outperform at Citizens, tgt $9
- Climb Bio (CLYM) initiated with a Buy at Chardan, tgt $22
- Constellium (CSTM) initiated with a Buy at UBS, tgt $38
- Eaton (ETN) initiated with a Buy at Erste Group
- Energy Vault (NRGV) initiated with an Overweight at Cantor Fitzgerald; tgt $7
- Full Truck Alliance (YMM) initiated with a Buy at BofA Securities, tgt $11.30
- GoDaddy (GDDY) assumed with a Neutral at UBS, tgt $100
- Home Depot (HD) resumed with a Buy at BofA Securities; tgt $374
- Kaiser Aluminum (KALU) initiated with a Neutral at UBS, tgt $176
- Lam Research (LRCX) initiated with a Buy at Seaport Research, tgt $300
- Lowe's (LOW) resumed with a Neutral at BofA Securities
- Sionna Therapeutics (SION) initiated with an Outperform at Wedbush, tgt $53
- Tesco PLC (TSCDY) initiated with a Buy at Erste Group
- Ultra Clean (UCTT) initiated with a Buy at UBS, tgt $130