>>> US Research Calls I

Research Calls I
  • Upgrades
    • Celsius Holdings (CELH) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $70
    • Freeport-McMoRan (FCX) upgraded to Buy from Neutral at BofA Securities, tgt $42
    • FIS (FIS) upgraded to Buy from Neutral at UBS, tgt $82
    • Semtech (SMTC) upgraded to Outperform from Perform at Oppenheimer, tgt $81
  • Downgrades
    • Instacart (CART) downgraded to Neutral from Buy at BTIG
    • Imperial Oil (IMO) downgraded to Sell from Hold at TD Securities
    • IO Biotech (IOBT) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $0.39
    • IO Biotech (IOBT) downgraded to Hold from Buy at TD Cowen
    • MoonLake Immunotherapeutics (MLTX) downgraded to Neutral from Buy at Citigroup, tgt $5
    • MoonLake Immunotherapeutics (MLTX) downgraded to Underperform from Outperform at Wolfe Research, tgt $2
    • Metsera (MTSR) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $54
    • Oklo (OKLO) downgraded to Neutral from Buy at BofA Securities, tgt $117
    • NuScale Power (SMR) downgraded to Underperform from Neutral at BofA Securities, tgt $34
    • Spotify (SPOT) downgraded to Neutral from Buy at Goldman, tgt $770
    • Unity (U) downgraded to Hold from Buy at HSBC, tgt $40.80
  • Others
    • Academy Sports (ASO) initiated with an Equal Weight at Barclays, tgt $51
    • Adaptive Biotechnologies (ADPT) initiated with a Buy at Guggenheim, tgt $20
    • Airbnb (ABNB) initiated with an Outperform at Mizuho, tgt $151
    • Alphabet (GOOGL) initiated with an Outperform at Mizuho, tgt $295
    • Amazon (AMZN) initiated with an Outperform at Mizuho, tgt $300
    • Array Technologies (ARRY) initiated with a Buy at Deutsche Bank, tgt $11
    • Array Technologies (ARRY) initiated with an Outperform at Robert W. Baird, tgt $11
    • Booking Holdings (BKNG) initiated with a Neutral at Mizuho, tgt $5,975
    • Casella Waste (CWST) resumed with a Buy at Stifel, tgt $113
    • Chime (CHYM) initiated with a Buy at Arete, tgt $34
    • Circle Internet (CRCL) initiated with a Market Perform at Citizens JMP
    • CoreWeave (CRWV) initiated with an Outperform at Evercore ISI, tgt $175
    • DoorDash (DASH) initiated with an Outperform at Mizuho, tgt $350
    • Dorman Products (DORM) initiated with an Overweight at Stephens, tgt $185
    • eBay (EBAY) initiated with a Neutral at Mizuho, tgt $98
    • Elbit Systems (ESLT) initiated with a Neutral at JPMorgan, tgt $520
    • Expedia (EXPE) initiated with a Neutral at Mizuho, tgt $240
    • FirstCash (FCFS) initiated with a Buy at Canaccord, tgt $200
    • GFL Environmental (GFL) resumed with a Buy at Stifel
    • Golar LNG (GLNG) initiated with a Buy at Goldman, tgt $54
    • Hess Midstream (HESM) reinstated with a Neutral at Goldman, tgt $36
    • Innoviva (INVA) initiated with a Sell at Goldman, tgt $17
    • James Hardie (JHX) initiated with an Outperform at Wolfe Research, tgt $25
    • Lam Research (LRCX) initiated with a Hold at HSBC, tgt $127
    • Lyft (LYFT) initiated with a Neutral at Mizuho, tgt $24
    • Meta Platforms (META) initiated with an Outperform at Mizuho, tgt $925
    • Nuvation Bio (NUVB) initiated with a Buy at Jefferies, tgt $10
    • Nextracker (NXT) initiated with a Buy at Deutsche Bank, tgt $88
    • Ocugen (OCGN) initiated with a Buy at Lucid Capital, tgt $15
    • Oneok (OKE) resumed with a Neutral at Goldman, tgt $75
    • Pinterest (PINS) initiated with an Outperform at Mizuho, tgt $50
    • Republic Services (RSG) resumed with a Buy at Stifel, tgt $257
    • Royalty Pharma (RPRX) initiated with a Buy at Goldman, tgt $42
    • Schrodinger (SDGR) initiated with a Neutral at Goldman, tgt $19
    • Simulations Plus (SLP) initiated with a Hold at TD Cowen, tgt $16
    • Snap (SNAP) initiated with a Neutral at Mizuho, tgt $9
    • TransDigm (TDG) initiated with an Outperform at BMO Capital, tgt $1,420
    • TripAdvisor (TRIP) initiated with an Underperform at Mizuho, tgt $14
    • Trivago (TRVG) initiated with a Neutral at Mizuho, tgt $3.50
    • Uber (UBER) initiated with an Outperform at Mizuho, tgt $130
    • Waste Connections (WCN) resumed with a Buy at Stifel, tgt $221
    • Waste Management (WM) initiated with a Buy at Stifel, tgt $252
    • Zillow Group (ZG) initiated with an Outperform at Mizuho, tgt $100