Research Calls I
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Upgrades:
- Alcon (ALC) upgraded to Outperform from Sector Perform at RBC Capital Mkts
- CrossFirst Bankshares (CFB) upgraded to Buy from Neutral at Janney; tgt $21
- Delek US Holdings (DK) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $26
- DraftKings (DKNG) upgraded to Neutral from Underperform at Exane BNP Paribas; tgt $35
- Equity Residential (EQR) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $83
- Johnson Controls (JCI) upgraded to Buy from Neutral at BofA Securities; tgt raised to $80
- Oracle (ORCL) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $175
- Relay Therapeutics (RLAY) upgraded to Buy from Hold at Jefferies; tgt raised to $16
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Downgrades:
- Bionano Genomics (BNGO) downgraded to Neutral from Buy at BTIG Research
- Coca-Cola European Partners (CCEP) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $81
- Costco (COST) downgraded to Neutral from Buy at Redburn Atlantic; tgt raised to $890
- Limoneira (LMNR) downgraded to Hold from Buy at Lake Street
- Methanex (MEOH) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $44
- Nutrien (NTR) downgraded to Neutral from Buy at Goldman; tgt lowered to $53
- Relay Therapeutics (RLAY) downgraded to Perform from Outperform at Oppenheimer
- Others:
- Adient (ADNT) resumed with a Hold at Deutsche Bank; tgt $24
- American Axle (AXL) resumed with a Hold at Deutsche Bank; tgt $6
- Aptiv (APTV) resumed with a Hold at Deutsche Bank; tgt $74
- Ascendis Pharma (ASND) added to 30-day positive catalyst watch at Citigroup
- Autoliv (ALV) resumed with a Buy at Deutsche Bank; tgt $116
- BorgWarner (BWA) resumed with a Hold at Deutsche Bank; tgt $36
- Butterfly Network (BFLY) initiated with a Buy at Lake Street; tgt $3
- CubeSmart (CUBE) initiated with an Outperform at RBC Capital Mkts; tgt $56
- CVRx, Inc. (CVRX) initiated with an Overweight at Cantor Fitzgerald; tgt $14
- Dana Inc (DAN) resumed with a Hold at Deutsche Bank; tgt $12
- Dell (DELL) initiated with a Neutral at Susquehanna; tgt $120
- e.l.f. Beauty (ELF) initiated with a Buy at B. Riley Securities; tgt $175
- Estee Lauder (EL) initiated with a Neutral at B. Riley Securities; tgt $95
- Extra Space Storage (EXR) initiated with a Sector Perform at RBC Capital Mkts; tgt $180
- Ford Motor (F) resumed with a Hold at Deutsche Bank; tgt $11
- GE Aerospace (GE) initiated with an Outperform at Bernstein; tgt $201
- General Motors (GM) resumed with a Hold at Deutsche Bank; tgt $53
- Haemonetics (HAE) initiated with a Buy at BTIG Research; tgt $112
- Harmony Biosciences (HRMY) initiated with a Buy at UBS; tgt $56
- Honest Company (HNST) initiated with a Buy at B. Riley Securities; tgt $6.50
- Kura Sushi (KRUS) initiated with a Buy at Northcoast; tgt $79
- Lear (LEA) resumed with a Hold at Deutsche Bank; tgt $132
- Longboard Pharmaceuticals (LBPH) initiated with a Buy at Truist; tgt $60
- Luminar Technologies (LAZR) resumed with a Hold at Deutsche Bank; tgt $1
- Meta Platforms (META) initiated with a Buy at DA Davidson; tgt $600
- MKS Instruments (MKSI) initiated with an Overweight at Cantor Fitzgerald; tgt $140
- Mobileye Global (MBLY) resumed with a Hold at Deutsche Bank; tgt $15
- Phibro Animal Health (PAHC) initiated with a Neutral at JP Morgan; tgt $22
- Polestar Automotive Holding UK PLC (PSNY) resumed with a Hold at Deutsche Bank; tgt $1.50
- ProKidney Corp. (PROK) initiated with a Buy at Guggenheim; tgt $6
- Public Storage (PSA) initiated with a Sector Perform at RBC Capital Mkts; tgt $358
- QuantumScape Corporation (QS) resumed with a Hold at Deutsche Bank; tgt $6
- Relay Therapeutics (RLAY) resumed with a Buy at Goldman; tgt $20
- Rivian Automotive (RIVN) resumed with a Hold at Deutsche Bank; tgt $14
- SES AI Corporation (SES) resumed with a Hold at Deutsche Bank; tgt $1.50
- Skye Bioscience (SKYE) initiated with a Mkt Outperform at JMP Securities; tgt $15
- SKYX Platforms (SKYX) initiated with a Buy at ROTH MKM; tgt $2
- Spire Global (SPIR) resumed with a Buy at Canaccord Genuity; tgt lowered to $12
- Stock Yards Bancorp (SYBT) resumed with a Neutral at Piper Sandler; tgt $65.50
- Stryker (SYK) initiated with an Outperform at Wolfe Research; tgt $405
- Tesla (TSLA) resumed with a Buy at Deutsche Bank; tgt $295
- Ulta Beauty (ULTA) initiated with a Sell at B. Riley Securities; tgt $300
- Visteon (VC) resumed with a Buy at Deutsche Bank; tgt $124
- Zimmer Biomet (ZBH) initiated with a Peer Perform at Wolfe Research
- ZIM Integrated Shipping (ZIM) resumed with an Underweight at JP Morgan; tgt $10.50