Research Calls I
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Upgrades:
- AbbVie (ABBV) upgraded to Buy from Hold at HSBC Securities; tgt $185
- Applied Materials (AMAT) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $225
- Boston Beer Co (SAM) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt $290
- Instacart (CART) upgraded to Buy from Hold at Gordon Haskett; tgt raised to $45
- KLA Corporation (KLAC) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $765
- Smith & Nephew (SNN) upgraded to Buy from Neutral at UBS
- UnitedHealth (UNH) upgraded to Buy from Hold at HSBC Securities; tgt $580
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Downgrades:
- Energy Fuels (UUUU) downgraded to Neutral from Buy at ROTH MKM; tgt lowered to $6.25
- Medifast (MED) downgraded to Underperform from Neutral at DA Davidson; tgt lowered to $17.50
- Relmada Therapeutics (RLMD) downgraded to Sell from Neutral at Goldman; tgt lowered to $2
- Titan Machinery (TITN) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $20
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Others:
- Arrowhead (ARWR) initiated with a Neutral at Goldman; tgt $31
- Corpay (CPAY) initiated with an Equal Weight at Wells Fargo; tgt $285
- EVgo Inc. (EVGO) initiated with a Buy at The Benchmark Company; tgt $3
- Fabrinet (FN) resumed with a Buy at William O'Neil
- Haleon plc (HLN) initiated with a Buy at Berenberg
- Jazz Pharma (JAZZ) initiated with a Buy at Goldman; tgt $169
- LifeMD (LFMD) initiated with an Overweight at KeyBanc Capital Markets; tgt $12
- Lionsgate Studios (LION) initiated with a Neutral at Seaport Research Partners
- Old Dominion (ODFL) initiated with an Outperform at BMO Capital Markets; tgt $210
- Protolabs (PRLB) initiated with an Overweight at Cantor Fitzgerald; tgt $44
- Silvaco Group (SVCO) initiated with a Buy at B. Riley Securities; tgt $26
- Spire Global (SPIR) initiated with a Buy at Craig Hallum; tgt $13
- Sunoco LP (SUN) resumed with an Overweight at JP Morgan; tgt raised to $61
- WEX (WEX) initiated with an Equal Weight at Wells Fargo; tgt $200
- Xometry (XMTR) initiated with an Underweight at Cantor Fitzgerald; tgt $13