Research Calls I
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Upgrades:
- Amneal Pharmaceuticals (AMRX) upgraded to Neutral from Underweight at JP Morgan; tgt $9
- Carrier Global (CARR) upgraded to Peer Perform from Underperform at Wolfe Research
- Coinbase Global (COIN) upgraded to Equal Weight from Underweight at Barclays; tgt lowered to $169
- Eaton (ETN) upgraded to Peer Perform from Underperform at Wolfe Research
- Fortive (FTV) upgraded to Outperform from Neutral at Mizuho; tgt raised to $90
- Grupo Aeroportuario (OMAB) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt lowered to $77
- Hubbell (HUBB) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $441
- Intra-Cellular Therapies (ITCI) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $92
- NIO (NIO) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $8
- RadNet (RDNT) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $79
- Robinhood Markets (HOOD) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $20
- U.S. Steel (X) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $40
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Downgrades:
- Bloom Energy (BE) downgraded to Hold from Buy at Jefferies; tgt lowered to $11
- Concrete Pumping (BBCP) downgraded to Neutral from Buy at UBS; tgt lowered to $6.25
- Fortive (FTV) downgraded to Peer Perform from Outperform at Wolfe Research
- KBR (KBR) downgraded to Hold from Buy at TD Cowen; tgt $72
- Organon (OGN) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $20
- Super Micro Computer (SMCI) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $500
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Others:
- 3M (MMM) initiated with an Underweight at Morgan Stanley; tgt $125
- Alarm.com (ALRM) initiated with a Neutral at Goldman; tgt $64
- Allurion Technologies (ALUR) initiated with a Buy at ROTH MKM; tgt $2
- Amicus Therapeutics (FOLD) initiated with a Buy at Jefferies; tgt $18
- Archrock (AROC) initiated with an Overweight at JP Morgan; tgt $24
- Bicycle Therapeutics (BCYC) initiated with an Outperform at RBC Capital Mkts; tgt $35
- Booking Holdings (BKNG) initiated with a Hold at Truist; tgt $4100
- Burford Capital (BUR) initiated with a Buy at Deutsche Bank; tgt $18
- Carrier Global (CARR) initiated with an Equal-Weight at Morgan Stanley; tgt $75
- Chord Energy (CHRD) initiated with a Hold at Jefferies; tgt $160
- Corning (GLW) added to 90-day positive catalyst watch at Citigroup
- Dakota Gold Corp. (DC) initiated with an Outperform at BMO Capital Markets; tgt $6
- Eaton (ETN) initiated with an Overweight at Morgan Stanley; tgt $370
- Emerson (EMR) initiated with an Underweight at Morgan Stanley; tgt $105
- Expedia Group (EXPE) initiated with a Hold at Truist; tgt $148
- Fastenal (FAST) initiated with an Equal-Weight at Morgan Stanley; tgt $72
- Finward Bancorp (FNWD) resumed with an Outperform at Hovde Group; tgt $31
- Fortive (FTV) initiated with an Overweight at Morgan Stanley; tgt $89
- Gates Industrial (GTES) initiated with an Equal-Weight at Morgan Stanley; tgt $19
- Grainger (GWW) initiated with an Equal-Weight at Morgan Stanley; tgt $990
- Honeywell (HON) initiated with an Equal-Weight at Morgan Stanley; tgt $210
- Hubbell (HUBB) initiated with an Equal-Weight at Morgan Stanley; tgt $407
- Ingersoll-Rand (IR) initiated with an Equal-Weight at Morgan Stanley; tgt $97
- Janux Therapeutics (JANX) initiated with a Buy at Stifel; tgt $70
- Johnson Controls (JCI) initiated with an Overweight at Morgan Stanley; tgt $85
- MicroStrategy (MSTR) initiated with an Overweight at Barclays; tgt $146
- Nurix Therapeutics (NRIX) resumed with an Outperform at Robert W. Baird; tgt $26
- OneSpan (OSPN) initiated with a Buy at Rosenblatt; tgt $20
- ORIC Pharmaceuticals (ORIC) initiated with a Buy at Stifel; tgt $20
- Otis Worldwide (OTIS) initiated with an Equal-Weight at Morgan Stanley; tgt $97
- Perpetua Resources (PPTA) initiated with an Outperform at National Bank Financial
- Rockwell Automation (ROK) initiated with an Overweight at Morgan Stanley; tgt $320
- Stanley Black & Decker (SWK) initiated with an Equal-Weight at Morgan Stanley; tgt $107
- Trane (TT) initiated with an Overweight at Morgan Stanley; tgt $425