>>> US Research Calls I

Research Calls I
  • Upgrades
    • Albemarle (ALB) upgraded to Neutral from Underperform at Robert W. Baird, tgt $113
    • Bausch + Lomb (BLCO) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $21
    • Belite Bio (BLTE) upgraded to Outperform from Neutral at Mizuho, tgt $194
    • Darling Ingredients (DAR) upgraded to Buy from Hold at TD Cowen, tgt $45
    • DexCom (DXCM) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $75
    • Pennant Group (PNTG) upgraded to Buy from Hold at Truist, tgt $34
    • Solventum (SOLV) upgraded to Buy from Neutral at BTIG Research, tgt $100
    • Teradyne (TER) upgraded to Buy from Hold at Stifel, tgt $225
    • T-Mobile (TMUS) upgraded to Sector Weight from Underweight at KeyBanc
  • Downgrades
    • Coca-Cola Femsa (KOF) downgraded to Equal Weight from Overweight at Barclays
    • Inspire Medical (INSP) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $130
    • Michelin (MGDDY) downgraded to Equal Weight from Overweight at Morgan Stanley
    • Symbotic (SYM) downgraded to Sell from Neutral at Goldman, tgt $47
    • 10x Genomics (TXG) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $20
  • Others
    • Agilent (A) initiated with an Overweight at Morgan Stanley, tgt $270
    • Adaptive Biotechnologies (ADPT) assumed with an Equal Weight at Morgan Stanley, tgt $21
    • Annexon (ANNX) initiated with a Buy at Clear Street, tgt $17
    • BlackLine (BL) initiated with a Buy at Rosenblatt, tgt $65
    • BrightView (BV) initiated with a Buy at BTIG Research, tgt $15
    • C4 Therapeutics (CCCC) initiated with a Buy at TD Cowen
    • Caris Life Sciences (CAI) initiated with a Hold at Canaccord, tgt $28
    • Camtek (CAMT) initiated with an Equal Weight at Morgan Stanley, tgt $110
    • CBRE Group (CBRE) initiated with an Overweight at Barclays, tgt $190
    • California Resources (CRC) initiated with an Overweight at Wells Fargo, tgt $58
    • Circle Internet (CRCL) initiated with an Underperform at Wolfe Research, tgt $60
    • Cloudflare (NET) initiated with an Overweight at Barclays, tgt $235
    • Cytek Biosciences (CTKB) assumed with an Equal Weight at Morgan Stanley, tgt $6
    • Cushman & Wakefield (CWK) initiated with an Equal Weight at Barclays, tgt $18
    • Dream Finders Homes (DFH) initiated with a Neutral at BTIG Research
    • D.R. Horton (DHI) initiated with a Buy at BTIG Research, tgt $186
    • Danaher (DHR) initiated with an Overweight at Morgan Stanley, tgt $270
    • Equinox Gold (EQX) initiated with a Buy at Stifel
    • FuboTV (FUBO) initiated with a Market Perform at Raymond James
    • Guardant Health (GH) assumed with an Overweight at Morgan Stanley, tgt $130
    • Grail (GRAL) assumed with an Equal Weight at Morgan Stanley, tgt $110
    • Green Brick (GRBK) initiated with a Neutral at BTIG Research
    • ICF International (ICFI) assumed with a Buy at Canaccord, tgt $115
    • Iqvia (IQV) assumed with an Overweight at Morgan Stanley, tgt $265
    • JLL (JLL) initiated with an Equal Weight at Barclays, tgt $351
    • KBR (KBR) initiated with an Outperform at Oppenheimer, tgt $60
    • Kinetik Holdings (KNTK) initiated with a Buy at Jefferies, tgt $41
    • Liberty Energy (LBRT) initiated with a Buy at UBS, tgt $23
    • Lennar (LEN) assumed with a Sell at BTIG Research, tgt $96
    • Mettler-Toledo (MTD) initiated with an Equal Weight at Morgan Stanley, tgt $1,550
    • Millrose Properties (MRP) initiated with a Buy at BTIG Research, tgt $35
    • Newmark (NMRK) initiated with an Overweight at Barclays, tgt $21
    • Natera (NTRA) assumed with an Overweight at Morgan Stanley, tgt $265
    • Nova (NVMI) initiated with an Equal Weight at Morgan Stanley, tgt $335
    • NVR (NVR) initiated with a Buy at BTIG Research, tgt $9,022
    • OneStream (OS) initiated with a Buy at Rosenblatt, tgt $26
    • PagerDuty (PD) resumed with an Underperform at BofA Securities, tgt $12
    • Pfizer (PFE) resumed with a Neutral at Citigroup, tgt $26
    • PulteGroup (PHM) initiated with a Neutral at BTIG Research
    • Personalis (PSNL) assumed with an Equal Weight at Morgan Stanley, tgt $11
    • Smith Douglas Homes (SDHC) initiated with a Neutral at BTIG Research
    • Solaris Energy (SEI) initiated with an Overweight at Morgan Stanley, tgt $68
    • Stevanato Group (STVN) assumed with an Equal Weight at Morgan Stanley, tgt $24
    • T1 Energy (TE) initiated with a Buy at Johnson Rice, tgt $8
    • Tamboran Resources (TBN) initiated with an Overweight at Wells Fargo, tgt $35
    • Tempus AI (TEM) assumed with an Overweight at Morgan Stanley, tgt $85
    • Terra Innovatum (NKLR) initiated with a Buy at B. Riley, tgt $10
    • Thermo Fisher (TMO) assumed with an Overweight at Morgan Stanley, tgt $670
    • Toll Brothers (TOL) initiated with a Neutral at BTIG Research
    • Texas Pacific Land (TPL) initiated with an Overweight at KeyBanc, tgt $1,050
    • Upstream Bio (UPB) initiated with an Outperform at LifeSci Capital, tgt $43
    • Veracyte (VCYT) assumed with an Underweight at Morgan Stanley, tgt $48
    • Waters (WAT) initiated with an Equal Weight at Morgan Stanley, tgt $423
    • Workday (WDAY) initiated with a Neutral at Rosenblatt, tgt $235
    • Weatherford (WFRD) initiated with a Neutral at UBS, tgt $82
    • West Pharmaceutical (WST) initiated with an Equal Weight at Morgan Stanley, tgt $285