>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Albemarle (ALB) upgraded to Buy from Hold at Truist, tgt $205
    • Alibaba (BABA) upgraded to Buy from Neutral at Arete; tgt $190
    • Alliant Energy (LNT) upgraded to Equal Weight from Underweight at Barclays, tgt $67
    • Apellis Pharmaceuticals (APLS) upgraded to Buy from Neutral at BofA Securities, tgt $28
    • Arm Holdings (ARM) upgraded to Positive from Neutral at Susquehanna, tgt $150
    • Auna S.A. (AUNA) upgraded to Buy from Hold at HSBC Securities; tgt $6.90
    • Biohaven Pharma (BHVN) upgraded to Outperform from Sector Perform at RBC Capital, tgt $22
    • Brinker International (EAT) upgraded to Outperform from Market Perform at Raymond James, tgt $195
    • Carter's (CRI) upgraded to Buy from Neutral at Citigroup, tgt $50
    • International Seaways (INSW) upgraded to Buy from Hold at Pareto; tgt $64
    • Invesco (IVZ) upgraded to Outperform from Sector Perform at RBC Capital, tgt $35
    • Oklo (OKLO) upgraded to Buy from Neutral at BofA Securities, tgt $127
    • Sally Beauty Holdings (SBH) upgraded to Outperform from Market Perform at Raymond James, tgt $19
    • ServisFirst Bancshares (SFBS) upgraded to Strong Buy from Outperform at Raymond James, tgt $95
    • Ulta Beauty (ULTA) upgraded to Strong Buy from Outperform at Raymond James, tgt $790
    • Watts Water (WTS) upgraded to Overweight from Sector Weight at KeyBanc, tgt $340
  • Downgrades:
    • ABM Industries (ABM) downgraded to Hold from Buy at Truist, tgt $47
    • Afya (AFYA) downgraded to Neutral from Buy at BTG Pactual
    • APA Corp. (APA) downgraded to Underweight from Equal Weight at Barclays
    • Casey's General (CASY) downgraded to Neutral from Buy at Northcoast
    • Cheesecake Factory (CAKE) downgraded to Market Perform from Outperform at Raymond James
    • CNX Resources (CNX) downgraded to Underweight from Equal Weight at Barclays
    • Darden Restaurants (DRI) downgraded to Market Perform from Outperform at Raymond James
    • Dollar Tree (DLTR) downgraded to Underperform from Neutral at BNP Paribas Exane
    • FedEx (FDX) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $271
    • Flutter Entertainment (FLUT) downgraded to Hold from Buy at Craig-Hallum, tgt $200
    • Kraft Heinz (KHC) downgraded to Underperform from Neutral at BNP Paribas, tgt $22
    • Mercer International (MERC) downgraded to Sell from Hold at TD Cowen, tgt $2.25
    • Netflix (NFLX) downgraded to Hold from Buy at Fubon
    • Rapt Therapeutics (RAPT) downgraded to Market Perform from Outperform at Leerink, tgt $58
    • Southern Copper (SCCO) downgraded to Sell from Neutral at UBS, tgt $148
    • TETRA Technologies (TTI) downgraded to Hold from Buy at Clear Street
    • Waste Management (WM) downgraded to Sector Perform from Outperform at Scotiabank, tgt $250
    • WillScot Holdings (WSC) downgraded to Neutral from Outperform at Robert W. Baird, tgt $23
  • Others:
    • Alumis (ALMS) initiated with a Buy at Chardan, tgt $37
    • Amaze Holdings (AMZE) initiated with a Buy at Ladenburg Thalmann; tgt $3
    • Ametek (AME) resumed with a Buy at Deutsche Bank; tgt $271
    • Applied Digital (APLD) initiated with a Buy at Texas Capital, tgt $42
    • Century Communities (CCS) initiated with an Outperform at Citizens, tgt $92
    • Crescent Biopharma (CBIO) initiated with a Buy at Guggenheim, tgt $35
    • Credo Technology (CRDO) initiated with a Neutral at Rosenblatt, tgt $170
    • Fermi (FRMI) initiated with a Buy at Texas Capital, tgt $23
    • Inhibikase Therapeutics (IKT) initiated with a Buy at BofA Securities, tgt $6
    • National Energy Services Reunited (NESR) initiated with a Buy at UBS, tgt $25
    • Occidental Petro (OXY) resumed with an Equal Weight at Barclays
    • Pinnacle Finl (PNFP) initiated with a Buy at Deutsche Bank