>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Acadia Realty Trust (AKR) upgraded to Buy from Neutral at Compass Point; tgt $27
    • Alcon (ALC) upgraded to Neutral from Sell at Redburn Atlantic
    • American Intl (AIG) upgraded to Overweight from Neutral at JP Morgan; tgt lowered to $89
    • Bank of Marin (BMRC) upgraded to Buy from Neutral at DA Davidson; tgt $24
    • Brinker (EAT) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $90
    • Canadian Nat'l Rail (CNI) upgraded to Outperform from Sector Perform at RBC Capital Mkts
    • CVS Health (CVS) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $82
    • EVgo Inc. (EVGO) upgraded to Buy from Neutral at UBS; tgt raised to $8.50
    • Fortive (FTV) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $92
    • Lending Club (LC) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $15
  • Downgrades:
    • American Tower (AMT) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $230
    • Azul S.A. (AZUL) downgraded to Neutral from Buy at Seaport Research Partners
    • Cirrus Logic (CRUS) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $120
    • First Advantage Corp. (FA) downgraded to Peer Perform from Outperform at Wolfe Research
    • Hexcel (HXL) downgraded to Hold from Buy at Vertical Research; tgt $65
    • Honeywell (HON) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $235
    • Hubbell (HUBB) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $454
    • Huntington Ingalls (HII) downgraded to Hold from Buy at Vertical Research; tgt $275
    • Huntington Ingalls (HII) downgraded to Peer Perform from Outperform at Wolfe Research
  • Others:
    • Align Tech (ALGN) initiated with a Hold at Needham
    • Banc of California (BANC) initiated with a Neutral at Citigroup; tgt $15
    • Birkenstock Holding Plc (BIRK) initiated with a Buy at BTIG Research; tgt $60
    • Builders FirstSource (BLDR) initiated with a Buy at Goldman; tgt $225
    • Cabaletta Bio (CABA) initiated with a Buy at UBS; tgt $10
    • Carrier Global (CARR) resumed with a Neutral from Underweight at JP Morgan; tgt raised to $83
    • IperionX (IPX) initiated with a Buy at B. Riley Securities; tgt $30
    • Kyverna Therapeutics (KYTX) initiated with a Buy at UBS; tgt $13