>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Arcosa (ACA) upgraded to Overweight from Equal-Weight at Stephens; tgt $96
    • Arm Holdings plc (ARM) upgraded to Mkt Perform from Underperform at Bernstein; tgt raised to $100
    • BioNTech (BNTX) upgraded to Buy from Hold at Deutsche Bank; tgt $95
    • Builders FirstSource (BLDR) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $190
    • Cognizant Tech (CTSH) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $75
    • Eve Holding (EVEX) upgraded to Overweight from Neutral at Cantor Fitzgerald; tgt lowered to $5
    • Fortinet (FTNT) upgraded to Hold from Reduce at HSBC Securities; tgt $59
    • Globus Medical (GMED) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $78
    • Lumen Technologies (LUMN) upgraded to Neutral from Underweight at JP Morgan
    • Lumen Technologies (LUMN) upgraded to Neutral from Sell at Goldman; tgt raised to $4
    • Moderna (MRNA) upgraded to Hold from Sell at Deutsche Bank; tgt lowered to $80
    • Sphere Entertainment Co. (SPHR) upgraded to Buy from Neutral at Seaport Research Partners; tgt $48
    • Suncor Energy (SU) upgraded to Buy from Hold at TD Securities
    • Suncor Energy (SU) upgraded to Outperform from Market Perform at BMO Capital Markets
    • TrueCar (TRUE) upgraded to Buy from Neutral at BTIG Research; tgt $3.75
    • Vertiv (VRT) upgraded to Outperform from Neutral at Mizuho; tgt lowered to $92
  • Downgrades:
    • ACADIA Pharmaceuticals (ACAD) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $20
    • Bicycle Therapeutics (BCYC) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $28
    • BP (BP) downgraded to Sector Perform from Outperform at RBC Capital Mkts
    • Cryoport (CYRX) downgraded to Hold from Buy at Jefferies; tgt lowered to $8
    • Heartland BancCorp (HLAN) downgraded to Neutral from Buy at DA Davidson; tgt raised to $145
    • Molson Coors Brewing (TAP) downgraded to Hold from Buy at TD Cowen; tgt lowered to $58
    • Nevro (NVRO) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $5.50
    • Nevro (NVRO) downgraded to Underweight from Neutral at JP Morgan
    • Nevro (NVRO) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
    • Progyny (PGNY) downgraded to Market Perform from Outperform at Leerink Partners; tgt lowered to $25
    • Progyny (PGNY) downgraded to Neutral from Buy at BTIG Research
    • Progyny (PGNY) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $24
    • Shoals Technologies (SHLS) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt lowered to $7
    • Trex (TREX) downgraded to Hold from Buy at Loop Capital; tgt lowered to $75
    • Trex (TREX) downgraded to Equal-Weight from Overweight at Stephens; tgt lowered to $72
    • TripAdvisor (TRIP) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $19
    • Vista Outdoor (VSTO) downgraded to Neutral from Buy at B. Riley Securities; tgt $43
  • Others:
    • Abacus Life (ABL) initiated with a Buy at TD Cowen; tgt $14
    • Cipher Mining (CIFR) initiated with a Spec. Buy at Stifel
    • Natural Gas Services (NGS) initiated with a Strong Buy at Raymond James; tgt $27