>>> US Research Calls I

Research Calls I
  • Upgrades:
    • AFC Gamma (AFCG) upgraded to Neutral from Sell at Compass Point; tgt lowered to $9
    • CF Industries (CF) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $90
    • Cisco (CSCO) upgraded to Buy from Hold at HSBC Securities; tgt raised to $58
    • Fox Corporation (FOXA) upgraded to Overweight from Underweight at Wells Fargo; tgt raised to $46
    • Illumina (ILMN) upgraded to Buy from Neutral at Daiwa Securities; tgt raised to $154
    • Kimco Realty (KIM) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $25
    • Kite Realty (KRG) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $28
    • Microchip (MCHP) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $100
    • Newmark Group (NMRK) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $15
    • NIKE (NKE) upgraded to Buy from Sell at Williams Trading
    • Origin Materials (ORGN) upgraded to Buy from Neutral at BofA Securities; tgt raised to $3
    • Sphere Entertainment Co. (SPHR) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $57
    • Teradyne (TER) upgraded to Overweight from Neutral at Cantor Fitzgerald; tgt $16
  • Downgrades:
    • Bumble Inc. (BMBL) downgraded to Hold from Buy at TD Cowen; tgt lowered to $7.50
    • CAE (CAE) downgraded to Equal-Weight from Overweight at Morgan Stanley
    • Coherus BioSciences (CHRS) downgraded to Neutral from Buy at UBS; tgt lowered to $1.50
    • Estee Lauder (EL) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $100
    • Lumen Technologies (LUMN) downgraded to Underweight from Equal Weight at Wells Fargo; tgt raised to $4
    • Silicon Motion (SIMO) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $60
    • Viracta Therapeutics (VIRX) downgraded to Market Perform from Outperform at Leerink Partners; tgt lowered to $3
    • Vital Energy (VTLE) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Xos (XOS) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $9
  • Others:
    • Couchbase (BASE) initiated with an Overweight at Piper Sandler; tgt $22
    • Liquidia Technologies (LQDA) initiated with an Outperform at Raymond James; tgt $27
    • Palo Alto Networks (PANW) addded to Evercore ISI's Tactical Underperform List
    • Two Harbors Investment (TWO) initiated with a Buy at Janney; tgt $15
    • Y-mAbs Therapeutics (YMAB) initiated with an Overweight at Cantor Fitzgerald; tgt $20