>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Bayer (BAYRY) upgraded to Buy from Neutral at UBS
    • Carlsberg (CABGY) upgraded to Buy from Hold at Berenberg
    • Circle Internet (CRCL) upgraded to Buy from Hold at Clear Street, tgt $136
    • Ecolab (ECL) upgraded to Buy from Hold at Berenberg, tgt $326
    • Intuit (INTU) upgraded to Neutral from Underperform at BNP Paribas Exane, tgt $463
    • LifeMD (LFMD) upgraded to Outperform from Neutral at Mizuho, tgt $8
    • PennyMac Financial (PFSI) upgraded to Outperform from Market Perform at Keefe Bruyette, tgt $115
    • Reckitt Benckiser (RBGLY) upgraded to Overweight from Equal Weight at Morgan Stanley
    • Rocket Companies (RKT) upgraded to Outperform from Market Perform at Keefe Bruyette, tgt $22
    • SEACOR Marine Holdings (SMHI) upgraded to Buy from Neutral at Clarksons Platou, tgt $10
    • Simply Good Foods (SMPL) upgraded to Buy from Hold at Jefferies, tgt $22
    • The Trade Desk (TTD) upgraded to Neutral from Sell at Arete, tgt $25
    • Upstart (UPST) upgraded to Buy from Neutral at BTIG Research, tgt $43
  • Downgrades:
    • Adobe (ADBE) downgraded to Hold from Buy at Argus
    • Alnylam (ALNY) downgraded to Hold from Buy at Jefferies, tgt $330
    • Beiersdorf (BDRFY) downgraded to Underweight from Equal Weight at Morgan Stanley
    • BeOne Medicines (ONC) downgraded to Hold from Buy at Jefferies, tgt $290
    • DiDi Global (DIDIY) downgraded to Neutral from Outperform at Macquarie, tgt $3.90
    • Hain Celestial (HAIN) downgraded to Underweight from Equal Weight at Barclays, tgt $0.50
    • Immunocore (IMCR) downgraded to Hold from Buy at Jefferies, tgt $33
    • Incyte (INCY) downgraded to Hold from Buy at Jefferies, tgt $94
    • KinderCare Learning Companies (KLC) downgraded to Underweight from Equal Weight at Barclays, tgt $2
    • National Grid (NGG) downgraded to Sell from Neutral at UBS
    • NewLake Capital Partners (NLCP) downgraded to Neutral from Buy at Compass Point, tgt $15
    • Qualcomm (QCOM) downgraded to Sell from Neutral at Seaport Research, tgt $100
    • Summit Therapeutics (SMMT) downgraded to Hold from Buy at Jefferies, tgt $15
  • Others:
    • Abivax (ABVX) initiated with a Buy at Jefferies, tgt $160
    • Alamo Group (ALG) initiated with an Outperform at William Blair
    • Amalgamated Financial (AMAL) assumed with a Neutral at Piper Sandler, tgt $41
    • Atlassian (TEAM) initiated with an Outperform at BNP Paribas Exane, tgt $95
    • Bar Harbor Bankshares (BHB) assumed with an Overweight at Piper Sandler, tgt $38
    • Beacon Financial (BBT) assumed with an Overweight at Piper Sandler, tgt $33
    • Chain Bridge Bancorp (CBNA) assumed with a Neutral at Piper Sandler, tgt $39
    • Cohu (COHU) initiated with an Outperform at Evercore ISI, tgt $35
    • Columbia Financial (CLBK) assumed with a Neutral at Piper Sandler, tgt $18
    • ConnectOne Bancorp (CNOB) assumed with an Overweight at Piper Sandler, tgt $31
    • Design Therapeutics (DSGN) initiated with a Buy at Jefferies, tgt $15
    • Dime Community (DCOM) assumed with an Overweight at Piper Sandler, tgt $37
    • Eastern Bankshares (EBC) assumed with an Overweight at Piper Sandler, tgt $23
    • Eaton (ETN) reinstated with a Buy at Jefferies, tgt $430
    • Elemental Royalty (ELE) initiated with a Buy at H.C. Wainwright, tgt $32.50
    • Fifth Third Bancorp (FITB) resumed with an Overweight at JPMorgan, tgt $50.50
    • Flagstar Bank (FLG) assumed with an Overweight at Piper Sandler, tgt $16
    • JFrog (FROG) initiated with a Buy at Guggenheim, tgt $60
    • Independent Bank (INDB) assumed with a Neutral at Piper Sandler, tgt $84
    • Lindblad Expeditions (LIND) initiated with an Outperform at Oppenheimer, tgt $25
    • MediciNova (MNOV) initiated with a Buy at H.C. Wainwright, tgt $10
    • NBT Bancorp (NBTB) assumed with an Overweight at Piper Sandler, tgt $50
    • Northeast Bank (NBN) assumed with an Overweight at Piper Sandler, tgt $133
    • Opus Genetics (IRD) initiated with an Outperform at Oppenheimer, tgt $10
    • PayPay (PAYP) initiated with an Outperform at Macquarie, tgt $22.90
    • Peapack-Gladstone Financial (PGC) assumed with an Overweight at Piper Sandler, tgt $39
    • Provident Financial Services (PFS) assumed with an Overweight at Piper Sandler, tgt $25
    • Solid Power (SLDP) initiated with a Buy at H.C. Wainwright, tgt $7
    • Sunbelt Rentals (SUNB) initiated with a Buy at Citigroup, tgt $85
    • Sunbelt Rentals (SUNB) initiated with an Underperform at BofA Securities, tgt $62
    • Washington Trust Bancorp (WASH) assumed with a Neutral at Piper Sandler, tgt $32
    • Western New England Bancorp (WNEB) assumed with a Neutral at Piper Sandler, tgt $14
    • Zevra Therapeutics (ZVRA) initiated with a Buy at BTIG Research, tgt $23