>>> US Research Calls I

Research Calls I
  • Upgrades
    • Alnylam (ALNY) upgraded to Overweight from Neutral at JPMorgan, tgt $328
    • Boeing (BA) upgraded to Buy from Hold at Melius Research
    • Choice Hotels (CHH) upgraded to Neutral from Sell at Redburn Atlantic, tgt $132
    • Coherent (COHR) upgraded to Strong Buy from Outperform at Raymond James, tgt $91
    • Cryoport (CYRX) upgraded to Buy from Neutral at UBS, tgt $10
    • FedEx (FDX) upgraded to Buy from Hold at Jefferies, tgt $275
    • Lumentum (LITE) upgraded to Strong Buy from Outperform at Raymond James, tgt $82
    • Mativ (MATV) upgraded to Buy from Hold at Stifel, tgt $10
    • NOV Inc. (NOV) upgraded to Outperform from Sector Perform at RBC Capital, tgt $22
    • Nucor (NUE) upgraded to Buy from Neutral at UBS, tgt $160
    • Ovintiv (OVV) upgraded to Outperform from Market Perform at BMO Capital, tgt $57
    • Pinterest (PINS) upgraded to Buy from Neutral at Guggenheim, tgt $40
    • Runway Growth Finance (RWAY) upgraded to Buy from Neutral at Lucid Capital, tgt $12
    • Steel Dynamics (STLD) upgraded to Buy from Neutral at UBS, tgt $149
    • Valley National (VLY) upgraded to Overweight from Neutral at Piper Sandler, tgt $11
    • ViaSat (VSAT) upgraded to Buy from Hold at Deutsche Bank, tgt $15
    • Wyndham Hotels (WH) upgraded to Buy from Neutral at Redburn Atlantic, tgt $115
  • Downgrades
    • Civitas Resources (CIVI) downgraded to Market Perform from Outperform at BMO Capital, tgt $42
    • Ecolab (ECL) downgraded to Neutral from Buy at Redburn Atlantic, tgt $270
    • Elevation Oncology (ELEV) downgraded to Equal Weight from Overweight at Stephens, tgt $1
    • Embraer (ERJ) downgraded to Peer Perform from Outperform at Wolfe Research
    • Getty Images (GETY) resumed with Neutral from Buy at Citi, tgt $2.45
    • Liberty Energy (LBRT) downgraded to Sector Perform from Outperform at RBC Capital, tgt $19
    • Lennar (LEN) downgraded to In Line from Outperform at Evercore ISI, tgt $131
    • Lockheed Martin (LMT) downgraded to Hold from Buy at Melius Research, tgt $483
    • Lockheed Martin (LMT) downgraded to Neutral from Buy at BofA Securities, tgt $485
    • Sea Ltd. (SE) downgraded to Neutral from Buy at Arete, tgt $151
    • Super Micro (SMCI) downgraded to Sell from Neutral at Goldman Sachs, tgt $32
    • Vodafone (VOD) downgraded to Neutral from BofA Securities
  • Others
    • BellRing Brands (BRBR) initiated with an Overweight at Morgan Stanley, tgt $84
    • Dutch Bros (BROS) initiated with an Overweight at Morgan Stanley, tgt $82
    • Conagra Brands (CAG) initiated with an Equal Weight at Morgan Stanley, tgt $27
    • DT Midstream (DTM) initiated with a Buy at BofA Securities, tgt $110
    • General Mills (GIS) initiated with an Underweight at Morgan Stanley, tgt $53
    • Global Net Lease (GNL) initiated with a Buy at Lucid Capital, tgt $10
    • Generac Holdings (GNRC) resumed with a Buy at BofA Securities, tgt $182
    • Herc Holdings (HRI) initiated with a Buy at Citi, tgt $165
    • Hershey (HSY) initiated with an Equal Weight at Morgan Stanley, tgt $183
    • HubSpot (HUBS) initiated with an Outperform at Macquarie, tgt $730
    • J.M. Smucker (SJM) initiated with an Overweight at Morgan Stanley, tgt $123
    • Kraft Heinz (KHC) initiated with an Underweight at Morgan Stanley, tgt $29
    • Kenvue (KVUE) initiated with an In Line at Evercore ISI, tgt $25
    • Medpace (MEDP) initiated with a Market Perform at Leerink, tgt $330
    • Mondelez (MDLZ) initiated with an Overweight at Morgan Stanley, tgt $69
    • Netstreit (NTST) initiated with a Buy at Lucid Capital, tgt $18
    • Quince Therapeutics (QNCX) initiated with an Outperform at Oppenheimer, tgt $10
    • Simply Good Foods (SMPL) initiated with an Equal Weight at Morgan Stanley, tgt $36
    • SanDisk (SNDK) initiated with an Outperform at Wedbush, tgt $80
    • Vital Farms (VITL) initiated with an Overweight at Morgan Stanley, tgt $30
    • WK Kellogg (KLG) initiated with an Underweight at Morgan Stanley, tgt $18