>>> US Research Calls I

Research Calls I
  • Upgrades
    • AutoZone (AZO) upgraded to Neutral from Sell at Goldman, tgt $3,811
    • Enova International (ENVA) upgraded to Buy from Hold at TD Cowen, tgt $17
    • First of Long Island (FLIC) upgraded to Outperform from Market Perform at Keefe Bruyette
    • First Watch Restaurant (FWRG) upgraded to Buy from Hold at TD Cowen, tgt $22
    • Keurig Dr Pepper (KDP) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $40
    • Nayax (NYAX) upgraded to Outperform from Market Perform at William Blair
    • Sabre (SABR) upgraded to Market Perform from Underperform at Bernstein, tgt $3.50
    • Shake Shack (SHAK) upgraded to Buy from Hold at Loop Capital, tgt $127
    • Ulta Beauty (ULTA) upgraded to Buy from Neutral at Goldman, tgt $423
  • Downgrades
    • American Airlines (AAL) downgraded to Hold from Buy at Jefferies, tgt $12
    • Cemig (CIG) downgraded to Underperform from Neutral at BofA Securities
    • Delta Air Lines (DAL) downgraded to Hold from Buy at Jefferies, tgt $46
    • Genmab (GMAB) downgraded to Underperform from Market Perform at Bernstein
    • Genuine Parts (GPC) downgraded to Sell from Neutral at Goldman, tgt $114
    • Kroger (KR) downgraded to Sell from Hold at Melius Research, tgt $58
    • Rogers Communications (RCI) downgraded to Sector Perform from Outperform at Scotiabank
    • Southwest Airlines (LUV) downgraded to Underperform from Hold at Jefferies, tgt $28
    • Vipshop (VIPS) downgraded to Neutral from Buy at Citigroup, tgt $18
    • W. R. Berkley (WRB) downgraded to Neutral from Buy at BofA Securities, tgt $74
  • Others
    • Advanced Drainage (WMS) initiated with a Buy at Deutsche Bank, tgt $134
    • Aeva Technologies (AEVA) initiated with a Buy at Canaccord Genuity, tgt $9.50
    • Akebia Therapeutics (AKBA) initiated with a Buy at Jefferies, tgt $6
    • American Tower (AMT) assumed at Overweight from Equal Weight at Morgan Stanley, tgt $250
    • Arbe Robotics (ARBE) initiated with a Buy at Canaccord Genuity, tgt $1.75
    • Arcos Dorados (ARCO) initiated with a Buy at BTG Pactual, tgt $10.50
    • BlackLine (BL) initiated with a Buy at DA Davidson, tgt $58
    • Builders FirstSource (BLDR) initiated with a Buy at Deutsche Bank, tgt $151
    • Cameco (CCJ) initiated with an Outperform at Bernstein, tgt $52
    • Check Point (CHKP) initiated with an Equal Weight at Stephens, tgt $255
    • Core & Main (CNM) initiated with a Buy at Deutsche Bank, tgt $60
    • CrowdStrike (CRWD) initiated with an Overweight at Stephens, tgt $450
    • Cullen/Frost (CFR) initiated with an Equal Weight at Barclays, tgt $130
    • CyberArk (CYBR) initiated with an Overweight at Stephens, tgt $440
    • Daimler Truck (DTRUY) initiated with an Underperform at Bernstein
    • Ferguson (FERG) initiated with a Hold at Deutsche Bank, tgt $174
    • Fortinet (FTNT) initiated at Equal Weight at Stephens, tgt $108
    • Fortune Brands Innovations (FBIN) initiated with a Hold at Deutsche Bank, tgt $70
    • Griffon (GFF) initiated with a Buy at Deutsche Bank, tgt $91
    • Installed Building Products (IBP) initiated with a Hold at Deutsche Bank, tgt $183
    • Knot Offshore Partners (KNOP) initiated with a Buy at Fearnley
    • Masco (MAS) initiated with a Hold at Deutsche Bank, tgt $71
    • Mohawk Industries (MHK) initiated with a Hold at Deutsche Bank, tgt $121
    • MongoDB (MDB) initiated with an Outperform at Daiwa, tgt $202
    • New Jersey Resources (NJR) initiated with a Hold at Jefferies, tgt $51
    • Okta (OKTA) initiated with an Equal Weight at Stephens, tgt $127
    • On Holding (ONON) initiated with a Hold at Jefferies, tgt $44
    • Owens Corning (OC) initiated with a Buy at Deutsche Bank, tgt $183
    • Palantir (PLTR) initiated with a Neutral at Daiwa, tgt $90
    • Palo Alto Networks (PANW) initiated with an Equal Weight at Stephens, tgt $205
    • Pool Corp (POOL) initiated with a Hold at Deutsche Bank, tgt $344
    • Rapid7 (RPD) initiated with an Equal Weight at Stephens, tgt $33
    • Rezolve AI (RZLV) initiated with a Buy at H.C. Wainwright, tgt $4
    • SBA Communications (SBAC) assumed at Equal Weight from Overweight at Morgan Stanley, tgt $240
    • SentinelOne (S) initiated with an Overweight at Stephens, tgt $25
    • SiteOne Landscape (SITE) initiated with a Hold at Deutsche Bank, tgt $135
    • Snowflake (SNOW) initiated with a Buy at Daiwa, tgt $210
    • South State (SSB) initiated with an Overweight at Barclays, tgt $120
    • Tenable (TENB) initiated with an Equal Weight at Stephens, tgt $42
    • TopBuild (BLD) initiated with a Buy at Deutsche Bank, tgt $356
    • Trex Company (TREX) initiated with a Buy at Deutsche Bank, tgt $85
    • Volvo (VLVLY) initiated with an Underperform at Bernstein
    • Zscaler (ZS) initiated with an Overweight at Stephens, tgt $255