Research Calls I
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Upgrades:
- Affirm (AFRM) upgraded to Neutral from Underperform at Wedbush; tgt $45
- AptarGroup (ATR) upgraded to Buy from Hold at Jefferies; tgt raised to $215
- Easterly Government Properties (DEA) upgraded to Buy from Hold at Jefferies; tgt raised to $15
- Elastic (ESTC) upgraded to Outperform from Mkt Perform at William Blair
- Equinor (EQNR) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt $25.80
- Flutter Entertainment (FLUT) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $295
- Ibotta (IBTA) upgraded to Buy from Neutral at Goldman; tgt $87
- SentinelOne (S) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $32
- TC Energy (TRP) upgraded to Overweight from Neutral at JP Morgan
- Upstart (UPST) upgraded to Neutral from Underperform at Wedbush; tgt raised to $45
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Downgrades:
- Amer Sports (AS) downgraded to Equal Weight from Overweight at Wells Fargo; tgt raised to $19
- Amgen (AMGN) downgraded to Hold from Buy at Truist; tgt raised to $333
- AppLovin (APP) downgraded to Neutral from Buy at Goldman; tgt raised to $150
- ArcBest (ARCB) downgraded to Hold from Buy at TD Cowen; tgt lowered to $114
- AutoZone (AZO) downgraded to Sell from Buy at Goldman; tgt lowered to $2917
- BASF AG (BASFY) downgraded to Neutral from Buy at UBS
- Bridge Investment Group (BRDG) downgraded to Hold from Buy at TD Cowen; tgt raised to $10.50
- Canada Goose (GOOS) downgraded to Underweight from Equal Weight at Wells Fargo
- Caterpillar (CAT) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $332
- Duolingo (DUOL) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
- Expeditors Intl (EXPD) downgraded to Sell from Hold at TD Cowen; tgt lowered to $106
- First Busey Corp (BUSE) downgraded to Equal-Weight from Overweight at Stephens
- KeyCorp (KEY) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $17
- Kura Oncology (KURA) downgraded to Hold from Buy at Stifel; tgt lowered to $19
- Marten Transport (MRTN) downgraded to Mkt Perform from Outperform at Raymond James
- Triumph Group (TGI) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $12
- Turnstone Biologics (TSBX) downgraded to Neutral from Buy at BofA Securities
- V.F. Corp (VFC) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $15
- Yelp (YELP) downgraded to Neutral from Buy at Goldman; tgt lowered to $38
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Others:
- Adecoagro S.A. (AGRO) initiated with a Neutral at UBS; tgt $12
- Alpine Income Property Trust (PINE) initiated with a Neutral at UBS; tgt $19
- Amentum Holdings (AMTM) initiated with a Buy at Truist; tgt $31
- Apple (AAPL) added to Evercore ISI's Tactical Outperform list
- Astrana Health (ASTH) initiated with a Buy at TD Cowen; tgt $66
- Diamondback Energy (FANG) resumed with a Neutral at Citigroup; tgt $195
- Element Solutions (ESI) initiated with a Buy at Seaport Research Partners; tgt $33
- FirstEnergy (FE) initiated with a Hold at Jefferies; tgt $46
- ICU Medical (ICUI) initiated with a Hold at Jefferies; tgt $183
- Jamf Holding (JAMF) initiated with an Equal-Weight at Morgan Stanley; tgt $20
- MindMed (MNMD) resumed with an Outperform at Leerink Partners; tgt $20
- NCR Voyix Corporation (VYX) resumed with a Neutral at Goldman; tgt $14
- NETSTREIT (NTST) initiated with a Buy at UBS; tgt $19
- PG&E (PCG) initiated with a Buy at Jefferies; tgt $24
- Regal Rexnord (RRX) initiated with a Buy at Citigroup; tgt $200
- Shoals Technologies (SHLS) initiated with an Equal Weight at Wells Fargo; tgt $46
- Stoke Therapeutics (STOK) resumed with an Outperform at Leerink Partners; tgt $18
- Surgery Partners (SGRY) initiated with a Buy at UBS; tgt $38
- Tenax Therapeutics (TENX) initiated with a Buy at Guggenheim; tgt $16
- Timken (TKR) initiated with a Neutral at Citigroup; tgt $90
- Vistra Corp. (VST) initiated with an Outperform at Exane BNP Paribas; tgt $231