>>> US Research Calls I

Research Calls I
  • Upgrades
    • Affirm (AFRM) upgraded to Positive from Neutral at Susquehanna, tgt $65
    • Autoliv (ALV) upgraded to Outperform from Neutral at BNP Paribas Exane, tgt $123
    • Carrier Global (CARR) upgraded to Buy from Hold at Northcoast, tgt $85
    • Cisco (CSCO) upgraded to Buy from Neutral at Cleveland Research
    • GeneDx (WGS) upgraded to Buy from Hold at Jefferies, tgt $80
    • Haleon (HLN) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $11.25
    • Lyft (LYFT) upgraded to Buy from Neutral at Goldman, tgt $20
    • Microchip (MCHP) upgraded to Neutral from Underperform at BofA Securities, tgt $56
    • National Vision (EYE) upgraded to Buy from Neutral at Citigroup, tgt $21
    • nLIGHT (LASR) upgraded to Buy from Hold at Craig Hallum; tgt $14
    • Ouster (OUST) upgraded to Buy from Hold at WestPark Capital
    • Owens Corning (OC) upgraded to Outperform from Peer Perform at Wolfe Research
    • PTC Therapeutics (PTCT) upgraded to Buy from Neutral at BofA Securities, tgt $68
    • Rockwell Automation (ROK) upgraded to Hold from Sell at TD Cowen, tgt $275
    • Shopify (SHOP) upgraded to Outperform from Sector Perform at ATB Capital
  • Downgrades
    • AMD (AMD) downgraded to Hold from Buy at DBS Bank, tgt $105
    • Apellis (APLS) downgraded to Neutral from Buy at BofA Securities, tgt $23
    • Apellis (APLS) downgraded to Outperform from Strong Buy at Raymond James, tgt $52
    • Block (XYZ) downgraded to Neutral from Outperform at KGI Securities, tgt $55
    • Cytek Biosciences (CTKB) downgraded to Hold from Buy at TD Cowen, tgt $4
    • CVRx (CVRX) downgraded to Underweight from Neutral at JPMorgan, tgt $7
    • Definitive Healthcare (DH) downgraded to Neutral from Buy at BTIG Research
    • DocGo (DCGO) downgraded to Neutral from Buy at BTIG Research
    • Expedia (EXPE) downgraded to Underweight from Neutral at Piper Sandler, tgt $135
    • First Advantage (FA) downgraded to Sector Perform from Outperform at RBC Capital, tgt $20
    • Holley (HLLY) downgraded to Hold from Buy at Benchmark
    • Intermex (IMXI) downgraded to Market Perform from Outperform at BMO Capital, tgt $11
    • International Paper (IP) downgraded to Underweight from Equal Weight at Wells Fargo, tgt $40
    • Iovance (IOVA) downgraded to Market Perform from Outperform at Citizens JMP
    • Kraft Heinz (KHC) downgraded to Hold from Buy at DZ Bank, tgt $31
    • Murphy USA (MUSA) downgraded to Market Perform from Outperform at Raymond James
    • Packaging Corp. (PKG) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $180
    • Palmer Square (PSBD) downgraded to Perform from Outperform at Oppenheimer
    • Satixfy (SATX) downgraded to Neutral from Buy at Alliance Global Partners, tgt $2.10
    • Sea Limited (SE) downgraded to Neutral from Buy at BofA, tgt $160
    • Stagwell (STGW) downgraded to Hold from Buy at Benchmark, tgt $9.50
    • Wolfspeed (WOLF) downgraded to Underweight from Neutral at JPMorgan
  • Others
    • HF Foods Group (HFFG) initiated with a Buy at Roth Capital, tgt $7
    • Himax (HIMX) initiated with an Overweight at Morgan Stanley, tgt $8.80
    • Industrial Logistics Property Trust (ILPT) assumed with Buy at B. Riley, tgt $5
    • Qualcomm (QCOM) initiated with a Neutral at Seaport Research Partners
    • RingCentral (RNG) assumed with Buy at Needham, tgt $36
    • Synaptics (SYNA) assumed with Buy at Needham, tgt $80