>>> US Research Calls I

Research Calls I
  • Upgrades
    • Autodesk (ADSK) upgraded to Buy from Hold at HSBC, tgt $343
    • Banc of California (BANC) upgraded to Overweight from Neutral at JPMorgan, tgt $20
    • Banco BBVA Argentina (BBAR) upgraded to Buy from Hold at HSBC, tgt $17
    • Banco Macro (BMA) upgraded to Buy from Hold at HSBC, tgt $80
    • Beta Bionics (BBNX) upgraded to Buy from Neutral at Goldman, tgt $26
    • BRP Inc. (DOOO) upgraded to Buy from Neutral at Citigroup, tgt $73
    • Carvana (CVNA) upgraded to Buy from Hold at Jefferies, tgt $475
    • Carlyle Secured Lending (CGBD) upgraded to Neutral from Underweight at JPMorgan, tgt $12.50
    • Delta Air Lines (DAL) upgraded to Buy from Hold at Jefferies, tgt $70
    • Grocery Outlet (GO) upgraded to Outperform from Market Perform at Telsey Advisory Group, tgt $20
    • Herc Holdings (HRI) upgraded to Outperform from Neutral at Robert W. Baird, tgt $160
    • InterContinental Hotels Group (IHG) upgraded to Equal Weight from Underweight at Morgan Stanley
  • Downgrades
    • Allstate (ALL) downgraded to In Line from Outperform at Evercore ISI, tgt $233
    • AT&T (T) downgraded to Equal Weight from Overweight at Barclays, tgt $30
    • Doximity (DOCS) downgraded to Sell from Neutral at Goldman, tgt $64
    • Enlight Renewable (ENLT) downgraded to Hold from Buy at Deutsche Bank, tgt $30
    • GE Vernova (GEV) downgraded to Sector Perform from Outperform at RBC Capital, tgt $605
    • LivaNova (LIVN) downgraded to Neutral from Buy at Goldman, tgt $55
    • MoonLake Immunotherapeutics (MLTX) downgraded to Neutral from Buy at Goldman, tgt $7
  • Others
    • Aardvark Therapeutics (AARD) initiated with a Buy at JonesResearch, tgt $33
    • Alexandria Real Estate (ARE) initiated with a Neutral at Cantor Fitzgerald, tgt $88
    • Apple (AAPL) initiated with a Buy at Seaport Research, tgt $310
    • Apple Hospitality REIT (APLE) initiated with an Overweight at Cantor Fitzgerald, tgt $14
    • Astera Labs (ALAB) initiated with a Hold at TD Cowen, tgt $200
    • AvalonBay Communities (AVB) initiated with a Neutral at Cantor Fitzgerald, tgt $205
    • Axsome Therapeutics (AXSM) initiated with a Buy at B. Riley, tgt $179
    • Bausch + Lomb (BLCO) initiated with a Neutral at Goldman, tgt $16
    • Braze (BRZE) initiated with an Overweight at Wells Fargo, tgt $40
    • Broadstone Net Lease (BNL) initiated with an Overweight at Cantor Fitzgerald, tgt $21
    • Builders FirstSource (BLDR) initiated with an Overweight at KeyBanc, tgt $145
    • BXP (BXP) initiated with an Overweight at Cantor Fitzgerald, tgt $90
    • Camden Property Trust (CPT) initiated with a Neutral at Cantor Fitzgerald, tgt $115
    • CareTrust REIT (CTRE) initiated with a Neutral at Cantor Fitzgerald, tgt $37
    • Centerspace (CSR) initiated with a Neutral at Cantor Fitzgerald, tgt $62
    • CoinBase (COIN) initiated with a Buy at BTIG Research, tgt $410
    • Confluent (CFLT) initiated with an Overweight at Wells Fargo, tgt $24
    • Cooper Companies (COO) initiated with a Sell at Goldman, tgt $64
    • COPT Defense Properties (CDP) initiated with an Overweight at Cantor Fitzgerald, tgt $35
    • Credo Technology (CRDO) assumed with a Buy at TD Cowen, tgt $170
    • Datadog (DDOG) initiated with an Overweight at Wells Fargo, tgt $190
    • Douglas Emmett (DEI) initiated with a Neutral at Cantor Fitzgerald, tgt $16
    • Dynatrace (DT) initiated with an Overweight at Wells Fargo, tgt $65
    • Eagle Point Credit (ECC) initiated with a Buy at Clear Street, tgt $7.50
    • EastGroup Properties (EGP) initiated with an Overweight at Cantor Fitzgerald, tgt $190
    • Elastic (ESTC) initiated with an Equal Weight at Wells Fargo, tgt $90
    • Equifax (EFX) initiated with a Neutral at Seaport Research
    • Equity Residential (EQR) initiated with an Overweight at Cantor Fitzgerald, tgt $35
    • Essex Property Trust (ESS) initiated with an Overweight at Cantor Fitzgerald, tgt $300
    • Essential Properties Realty Trust (EPRT) initiated with an Overweight at Cantor Fitzgerald, tgt $35
    • Fair Isaac (FICO) initiated with a Buy at Seaport Research, tgt $1,600
    • First Industrial Realty (FR) initiated with a Neutral at Cantor Fitzgerald, tgt $55
    • Five9 (FIVN) initiated with an Equal Weight at Wells Fargo, tgt $28
    • Freshworks (FRSH) initiated with an Equal Weight at Wells Fargo, tgt $13
    • Gaming and Leisure Properties (GLPI) initiated with a Neutral at Cantor Fitzgerald, tgt $51
    • GitLab (GTLB) initiated with an Equal Weight at Wells Fargo, tgt $50
    • Glaukos (GKOS) initiated with a Buy at Goldman, tgt $103
    • Grupo Financiero Galicia (GGAL) resumed with a Buy at HSBC, tgt $60
    • Hagerty (HGTY) initiated with an Outperform at Citizens JMP, tgt $15
    • Healthpeak Properties (DOC) initiated with a Neutral at Cantor Fitzgerald, tgt $20
    • Healthcare Realty Trust (HR) initiated with an Overweight at Cantor Fitzgerald, tgt $23
    • Host Hotels (HST) initiated with a Neutral at Cantor Fitzgerald, tgt $19
    • HubSpot (HUBS) initiated with an Overweight at Wells Fargo, tgt $685
    • Hudson Pacific Properties (HPP) initiated with an Overweight at Cantor Fitzgerald, tgt $3.50
    • Idexx Laboratories (IDXX) initiated with a Neutral at UBS, tgt $720