>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Agilent (A) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $145
    • Johnson Controls (JCI) upgraded to Buy from Neutral at UBS; tgt raised to $103
    • Mobileye Global (MBLY) upgraded to Neutral from Underperform at BofA Securities; tgt $19
    • NetApp (NTAP) downgraded to Neutral from Positive at Susquehanna
    • Nevro (NVRO) upgraded to Hold from Underperform at Jefferies; tgt raised to $5.85
    • ONEOK (OKE) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $110
    • Robert Half (RHI) upgraded to Outperform from Underperform at Exane BNP Paribas; tgt $71.50
    • Shopify (SHOP) upgraded to Buy from Hold at The Benchmark Company; tgt $150
    • Waters (WAT) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $415
    • WesBanco Inc (WSBC) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $44
  • Downgrades:
    • Altus Power (AMPS) downgraded to Neutral from Buy at UBS; tgt $5
    • Amazon (AMZN) downgraded to Accumulate from Buy at Phillip Securities
    • Atkore International (ATKR) downgraded to Hold from Buy at Loop Capital; tgt lowered to $65
    • Carlyle Secured Lending (CGBD) downgraded to Underperform from Buy at BofA Securities; tgt $17
    • ConocoPhillips (COP) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $124
    • Illumina (ILMN) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $100
    • Kraft Heinz (KHC) downgraded to Neutral from Outperform at Mizuho; tgt lowered to $31
    • Melco Resorts & Entertainment (MLCO) downgraded to Neutral from Buy at Citigroup; tgt lowered to $6
    • Merck (MRK) downgraded to Hold from Buy at TD Cowen; tgt lowered to $100
    • Pliant Therapeutics (PLRX) downgraded to Neutral from Buy at H.C. Wainwright
    • Pliant Therapeutics (PLRX) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $4
    • Pliant Therapeutics (PLRX) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $4
    • Pliant Therapeutics (PLRX) downgraded to Neutral from Buy at Citigroup; tgt lowered to $4
    • Triumph Group (TGI) downgraded to Peer Perform from Outperform at Wolfe Research
  • Others:
    • ARMOUR Residential REIT (ARR) initiated with a Neutral at BTIG Research
    • Capri Holdings (CPRI) resumed with a Neutral at BofA Securities; tgt $23
    • Flowco Holdings (FLOC) initiated with an Overweight at JP Morgan; tgt $32
    • Flowco Holdings (FLOC) initiated with a Buy at Jefferies; tgt $35
    • Flowco Holdings (FLOC) initiated with an Overweight at Piper Sandler; tgt $34
    • Flowco Holdings (FLOC) initiated with an Outperform at BMO Capital Markets; tgt $33
    • Lifeward (LFWD) initiated with a Buy at Laidlaw; tgt $10
    • Mannkind (MNKD) initiated with an Outperform at Wedbush; tgt $11
    • Repligen (RGEN) initiated with a Buy at TD Cowen; tgt $200