>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Broadcom (AVGO) upgraded to Buy from Hold at Erste Group
    • Chipotle Mexican Grill (CMG) upgraded to Overweight from Neutral at JPMorgan, tgt $35
    • FormFactor (FORM) upgraded to Outperform from In Line at Evercore ISI, tgt $155
    • Kanzhun (BZ) upgraded to Outperform from Market Perform at Bernstein, tgt $18
    • Shattuck Labs (STTK) upgraded to Buy from Neutral at Citigroup, tgt $7
    • Tesla (TSLA) upgraded to Hold from Sell at Erste Group
    • Tesla (TSLA) upgraded to Neutral from Underweight at JPMorgan, tgt $475
  • Downgrades:
    • Air France-KLM (AFLYY) downgraded to Underweight from Equal Weight at Barclays
    • Cboe Global Markets (CBOE) downgraded to Hold from Buy at Erste Group
    • CME Group (CME) downgraded to Hold from Buy at Erste Group
    • CrowdStrike (CRWD) downgraded to Hold from Buy at Berenberg, tgt $720
    • Deutsche Telekom (DTEGY) downgraded to Hold from Buy at Erste Group
    • Fiserv (FISV) downgraded to Underperform from Neutral at BNP Paribas, tgt $46
    • Lululemon (LULU) downgraded to Neutral from Buy at BTIG Research
    • Suncor (SU) downgraded to Neutral from Buy at Goldman, tgt $72
    • Walmart (WMT) downgraded to Hold from Buy at Erste Group
  • Others:
    • Airbnb (ABNB) initiated with an Outperform at CICC, tgt $165
    • AkzoNobel (AKZOY) resumed with a Buy at Citigroup
    • Brown-Forman (BF.B) resumed with an Underweight at Morgan Stanley, tgt $23
    • Comfort Systems USA (FIX) initiated with a Buy at Erste Group
    • Concentra (CON) initiated with a Buy at Goldman, tgt $30
    • Coya Therapeutics (COYA) initiated with a Buy at Roth Capital, tgt $12
    • FedEx Freight (FDXF) initiated with a Hold at Stifel, tgt $160
    • Grail (GRAL) initiated with a Neutral at Goldman, tgt $60
    • Guardant Health (GH) initiated with a Buy at Goldman, tgt $165
    • Kyivstar (KYIV) initiated with an Equal Weight at Morgan Stanley, tgt $17
    • LifeStance Health (LFST) initiated with a Neutral at Goldman, tgt $9
    • Natera (NTRA) initiated with a Neutral at Goldman, tgt $245
    • Nvidia (NVDA) initiated with a Buy at China Renaissance, tgt $319
    • Onto Innovation (ONTO) initiated with a Buy at Deutsche Bank, tgt $350
    • Sotera Health (SHC) initiated with a Buy at Goldman, tgt $20
    • Talphera (TLPH) assumed with a Buy at H.C. Wainwright, tgt $3