Research Calls I
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Upgrades:
- Accelerant (ARX) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $15
- Air Products (APD) upgraded to Overweight from Neutral at JPMorgan, tgt $310
- AptarGroup (ATR) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $144
- Arm (ARM) upgraded to Buy from Reduce at HSBC, tgt $205
- BP (BP) upgraded to Hold from Reduce at HSBC, tgt $45.30
- Chevron (CVX) upgraded to Buy from Hold at HSBC, tgt $215
- Chipotle (CMG) upgraded to Outperform from Neutral at Mizuho, tgt $40
- Crescent Energy (CRGY) upgraded to Overweight from Neutral at JPMorgan, tgt $19
- Equinor (EQNR) upgraded to Neutral from Sell at UBS
- Figs (FIGS) upgraded to Outperform from Perform at Oppenheimer, tgt $22
- Freshpet (FRPT) upgraded to Outperform from Perform at Oppenheimer, tgt $80
- German American Bancorp (GABC) upgraded to Overweight from Neutral at Piper Sandler, tgt $47
- Infineon (IFNNY) upgraded to Overweight from Neutral at JPMorgan
- Mettler-Toledo (MTD) upgraded to Buy from Hold at Jefferies, tgt $1,450
- Norsk Hydro (NHYDY) upgraded to Outperform from Sector Perform at RBC Capital
- Occidental Petroleum (OXY) upgraded to Neutral from Underweight at JPMorgan, tgt $63
- ONEOK (OKE) upgraded to Buy from Hold at Jefferies, tgt $98
- SM Energy (SM) upgraded to Overweight from Neutral at JPMorgan, tgt $40
- Accelerant (ARX) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $15
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Downgrades:
- Amcor (AMCR) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $43
- Antofagasta (ANFGF) downgraded to Underperform from Sector Perform at RBC Capital
- Bank of Montreal (BMO) downgraded to Underweight from Equal Weight at Barclays
- Galp Energia (GLPEY) downgraded to Hold from Buy at HSBC
- Greystone Housing (GHI) downgraded to Market Perform from Outperform at Citizens
- Lufthansa (DLAKY) downgraded to Sell from Neutral at Goldman
- Magnera (MAGN) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $12
- Magnum Ice Cream (MICC) downgraded to Sell from Neutral at Goldman
- Mosaic (MOS) downgraded to Neutral from Buy at BofA Securities, tgt $30
- Mosaic (MOS) downgraded to Sell from Hold at Freedom Capital, tgt $24
- O-I Glass (OI) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $13
- Amcor (AMCR) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $43
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Others:
- Adlai Nortye (ANL) initiated with an Outperform at Leerink, tgt $23
- CEVA (CEVA) initiated with a Buy at TD Cowen, tgt $22
- Fluence Energy (FLNC) initiated with a Hold at Needham
- Immunovant (IMVT) initiated with a Market Perform at Bernstein, tgt $28
- OGE Energy (OGE) initiated with an Overweight at JPMorgan, tgt $52
- Perion Network (PERI) initiated with a Buy at Canaccord, tgt $14
- Roivant Sciences (ROIV) initiated with an Outperform at Bernstein, tgt $35
- Rubrik (RBRK) initiated with a Buy at BTIG Research, tgt $64
- Solid Biosciences (SLDB) initiated with a Buy at Guggenheim, tgt $26
- Solaris Energy (SEI) initiated with an Equal Weight at Wells Fargo, tgt $71
- Strategy (MSTR) initiated with a Buy at Texas Capital, tgt $200
- Adlai Nortye (ANL) initiated with an Outperform at Leerink, tgt $23