>>> US Research Calls I

Research Calls I
  • Upgrades:
    • BMW Group (BMWYY) upgraded to Equal Weight from Underweight at Barclays
    • EQT Corp. (EQT) upgraded to Buy from Neutral at Citigroup; tgt raised to $44
    • EVgo Inc. (EVGO) upgraded to Overweight from Neutral at JP Morgan; tgt $7
    • Imperial Brands (IMBBY) upgraded to Overweight from Equal-Weight at Morgan Stanley
    • InvenTrust Properties (IVT) upgraded to Buy from Neutral at BofA Securities; tgt raised to $33
    • RTX (RTX) upgraded to Hold from Sell at Deutsche Bank; tgt raised to $129
    • Shoals Technologies (SHLS) upgraded to Neutral from Sell at Citigroup; tgt raised to $5.50
    • Wolverine (WWW) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $22
  • Downgrades:
    • Academy Sports + Outdoors (ASO) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $60
    • Blue Bird (BLBD) downgraded to Neutral from Buy at ROTH MKM; tgt $48
    • British American Tobacco (BTI) downgraded to Underweight from Overweight at Morgan Stanley; tgt $33
    • ChargePoint (CHPT) downgraded to Underweight from Overweight at JP Morgan
    • CoreCard Corporation (CCRD) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $15
    • Infosys (INFY) downgraded to Sell from Hold at Investec
    • National Grid (NGG) downgraded to Neutral from Buy at Citigroup
    • Nestle (NSRGY) downgraded to Neutral from Buy at Citigroup
    • New Fortress Energy (NFE) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $15
    • Stellantis (STLA) downgraded to Equal Weight from Overweight at Barclays
    • Tractor Supply (TSCO) downgraded to In-line from Outperform at Evercore ISI; tgt $300
    • Voya Financial (VOYA) downgraded to Neutral from Overweight at JP Morgan; tgt $87
    • Wipro (WIT) downgraded to Sell from Hold at Investec
    • Wolfspeed (WOLF) downgraded to Underperform from Neutral at Mizuho; tgt lowered to $8
  • Others:
    • BridgeBio Pharma (BBIO) initiated with a Perform at Oppenheimer
    • Cal-Maine Foods (CALM) resumed with an Equal-Weight at Stephens; tgt $82
    • Casella Waste (CWST) initiated with an Outperform at William Blair
    • Concentrix (CNXC) initiated with an Outperform at Robert W. Baird; tgt $70
    • Devon Energy (DVN) resumed with a Hold at Jefferies; tgt $45
    • Dianthus Therapeutics (DNTH) initiated with an Outperform at Oppenheimer; tgt $48
    • Enovis Corporation (ENOV) initiated with a Mkt Outperform at JMP Securities; tgt $62
    • Hormel Foods (HRL) resumed with an Equal-Weight at Stephens; tgt $31
    • Larimar Therapeutics (LRMR) initiated with an Outperform at Wedbush; tgt $22
    • Ligand Pharma (LGND) initiated with an Outperform at Oppenheimer; tgt $135
    • Liquidia Technologies (LQDA) initiated with an Outperform at LifeSci Capital
    • nLIGHT (LASR) initiated with an Overweight at Cantor Fitzgerald; tgt $15.50
    • Pilgrim's Pride (PPC) resumed with an Equal-Weight at Stephens; tgt $43
    • Republic Services (RSG) initiated with an Outperform at William Blair
    • Sila Realty Trust (SILA) initiated with a Buy at Janney; tgt $28
    • Two Harbors Investment (TWO) initiated with a Buy at Compass Point; tgt $15.75
    • Tyson Foods (TSN) resumed with an Equal-Weight at Stephens; tgt $57
    • Verona Pharma (VRNA) initiated with an Overweight at Wells Fargo; tgt $50
    • Waste Mgmt (WM) initiated with an Outperform at William Blair