>>> US Research Calls I

Research Calls I
  • Upgrades
    • Ally Financial (ALLY) upgraded to Buy from Hold at TD Cowen, tgt $50
    • Apple (AAPL) upgraded to Buy from Hold at Loop Capital, tgt $315
    • Apollo Commercial Real Estate Finance (ARI) upgraded to Overweight from Neutral at JPMorgan, tgt $10.50
    • Darden Restaurants (DRI) upgraded to Buy from Neutral at Goldman, tgt $225
    • Digital Realty Trust (DLR) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $194
    • Gaming and Leisure (GLPI) upgraded to Overweight from Equal Weight at Barclays, tgt $54
    • Healthcare Realty Trust (HR) upgraded to Equal Weight from Underweight at Wells Fargo, tgt $18
    • KLA Corporation (KLAC) upgraded to Overweight from Equal Weight at Barclays, tgt, $1,200
    • Lululemon Athletica Inc. (LULU) upgraded to Neutral from Underperform at BNP Paribas Exane, tgt $146
    • Marsh & McLennan (MMC) upgraded to Neutral from Sell at Goldman, tgt $195
    • ProLogis (PLD) upgraded to Market Perform from Underperform at BMO Capital, tgt $119
    • Sempra Energy (SRE) upgraded to Overweight from Equal Weight at Barclays, tgt $101
    • SLB (SLB) upgraded to Overweight from Neutral at Piper Sandler, tgt $42
    • Triumph Financial (TFIN) upgraded to Buy from Neutral at B. Riley, tgt $70
  • Downgrades
    • Astera Labs (ALAB) downgraded to Equal Weight from Overweight at Barclays, tgt $155
    • Gildan Activewear (GIL) downgraded to Neutral from Buy at Citigroup, tgt $63
    • KKR Real Estate Financial Trust (KREF) downgraded to Neutral from Overweight at JPMorgan, tgt $9
    • Lumentum (LITE) downgraded to Equal Weight from Overweight at Barclays, tgt $165
    • Marvell (MRVL) downgraded to Equal Weight from Overweight at Barclays, tgt $80
    • Progressive Corp. (PGR) downgraded to Underweight from Equal Weight at Morgan Stanley, tgt $214
    • Qorvo Inc. (QRVO) downgraded to Underperform from Neutral at Mizuho, tgt $75
    • Rexford Industrial Realty (REXR) downgraded to Peer Perform from Outperform at Wolfe Research
    • Rivian Automotive Inc. (RIVN) downgraded to Underperform from Neutral at Mizuho, tgt $10
    • Skyworks Solutions (SWKS) downgraded to Underperform from Neutral at Mizuho, tgt $60
    • Texas Instruments (TXN) downgraded to Underperform from Neutral at Mizuho, tgt $150
  • Others
    • Allient Inc. (ALNT) initiated with a Neutral at JPMorgan, tgt $60
    • Allot Ltd. (ALLT) initiated with a Buy at TD Cowen, tgt $13
    • American Resources Corp. (AREC) initiated with an Outperform at William Blair
    • Armstrong World Industries (AWI) initiated with a Buy at Vertical Research, tgt $238
    • Avepoint Inc. (AVPT) initiated with an Overweight at Morgan Stanley
    • Bolt Biotherapeutics, Inc. (BOLT) assumed with a Buy at H.C. Wainwright, tgt $7
    • Builders FirstSource (BLDR) initiated with a Sell at Vertical Research
    • CAVA Group Inc. (CAVA) initiated with a Neutral at Goldman, tgt $74
    • Ferguson Plc. (FERG) initiated with a Buy at Vertical Research
    • GeneDx (WGS) initiated with a Buy at Canaccord Genuity, tgt $155
    • Kodiak AI (KDK) initiated with an Overweight at Cantor Fitzgerald, tgt $13
    • NewAmsterdam Pharma Co NV (NAMS) assumed with a Buy at H.C. Wainwright, tgt $52
    • NioCorp Developments Ltd. (NB) initiated with an Outperform at William Blair
    • Pearson PLC (PSO) assumed with an Equal Weight at Morgan Stanley
    • Royalty Management Holding Corp. (RMCO) initiated with an Outperform at William Blair
    • Sila Realty Trust Inc. (SILA) initiated with a Peer Perform at Wolfe Research
    • SPX Technologies (SPXC) initiated with a Hold at Truist, tgt $209
    • United States Antimony Corp. (UAMY) initiated with an Outperform at William Blair
    • USA Rare Earth Inc. (USAR) initiated with an Outperform at William Blair
    • Veracyte, Inc. (VCYT) initiated with a Hold at Canaccord Genuity, tgt $40
    • Western Midstream (WES) reinstated with a Neutral at Citigroup, tgt $39
    • WillScot Mobile Mini Holdings Corp. (WSC) initiated with a Buy at Citigroup, tgt $28
    • Zoom Communications (ZM) assumed with a Neutral at UBS, tgt $85