>>> US Research Calls I

Research Calls I
  • Upgrades
    • American Water (AWK) upgraded to Hold from Underperform at Jefferies, tgt $124
    • Boise Cascade (BCC) upgraded to Outperform from Market Perform at BMO Capital, tgt $100
    • Capital Southwest (CSWC) upgraded to Buy from Hold at Clear Street, tgt $22
    • Cloudflare (NET) upgraded to Hold from Sell at DZ Bank, tgt $237
    • HUYA (HUYA) upgraded to Buy from Hold at HSBC, tgt $3.50
    • Kirby (KEX) upgraded to Buy from Neutral at Citigroup, tgt $128
    • Madrigal Pharmaceuticals (MDGL) upgraded to Overweight from Neutral at Cantor Fitzgerald
    • O'Reilly Automotive (ORLY) upgraded to Outperform from Market Perform at Raymond James, tgt $105
    • Qualys (QLYS) upgraded to Neutral from Underweight at Piper Sandler, tgt $135
    • RealReal (REAL) upgraded to Overweight from Sector Weight at KeyBanc, tgt $16
    • Sarepta (SRPT) upgraded to Outperform from Neutral at Mizuho, tgt $26
    • Thomson Reuters (TRI) upgraded to Buy from Hold at Canaccord, tgt $174
    • TIM S.A. (TIMB) upgraded to Buy from Hold at HSBC, tgt $27
    • Ventyx Biosciences (VTYX) upgraded to Buy from Neutral at H.C. Wainwright, tgt $18
    • Welltower (WELL) upgraded to Outperform from In Line at Evercore ISI, tgt $208
    • Yum! Brands (YUM) upgraded to Outperform from In Line at Evercore ISI, tgt $180
  • Downgrades
    • Archer Daniels (ADM) downgraded to Underweight from Neutral at JPMorgan, tgt $59
    • Aurinia (AUPH) downgraded to Sector Perform from Outperform at RBC Capital, tgt $15
    • Energy Fuels (UUUU) downgraded to Sell from Neutral at Roth Capital, tgt $11.50
    • Fiserv (FI) downgraded to Neutral from Outperform at BNP Paribas Exane, tgt $62
    • Nintendo (NTDOY) downgraded to Underperform from Peer Perform at Wolfe Research
    • Rapid7 (RPD) downgraded to Hold from Buy at Jefferies, tgt $19
    • Rhythm Pharmaceuticals (RYTM) downgraded to Perform from Outperform at Oppenheimer
    • Southern Company (SO) downgraded to Hold from Buy at Jefferies, tgt $103
    • Trex Company (TREX) downgraded to Hold from Buy at Vertical Research, tgt $32
    • Trex Company (TREX) downgraded to Hold from Buy at Deutsche Bank, tgt $40
    • Trex Company (TREX) downgraded to Market Perform from Outperform at William Blair
    • UL Solutions (ULS) downgraded to Neutral from Overweight at JPMorgan, tgt $84
  • Others
    • Ascentage Pharma (AAPG) initiated with an Overweight at Piper Sandler, tgt $48
    • Docebo (DCBO) initiated with an Outperform at Oppenheimer, tgt $35
    • Vanda Pharmaceuticals (VNDA) initiated with a Buy at B. Riley, tgt $11