>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Akamai Tech (AKAM) upgraded to Buy from Hold at HSBC Securities; tgt $121
    • American Homes 4 Rent (AMH) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $42
    • BASF AG (BASFY) upgraded to Buy from Neutral at Goldman
    • Cboe Global Markets (CBOE) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $222
    • Cisco (CSCO) upgraded to Overweight from Neutral at JP Morgan; tgt $66
    • EPAM Systems (EPAM) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt raised to $275
    • Mercury (MRCY) upgraded to Hold from Underperform at Jefferies; tgt raised to $42
    • MeridianLink (MLNK) upgraded to Neutral from Sell at UBS; tgt raised to $22.50
    • NETSTREIT (NTST) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt raised to $18
    • Orion Engineered Carbons (OEC) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $21
    • Ouster (OUST) upgraded to Overweight from Neutral at Cantor Fitzgerald; tgt lowered to $10
    • Pinterest (PINS) upgraded to Outperform from Neutral at Wedbush; tgt $38
    • Qualys (QLYS) upgraded to Peer Perform from Underperform at Wolfe Research
    • Stantec (STN) upgraded to Buy from Hold at Canaccord Genuity
    • Tanger Factory (SKT) upgraded to Buy from Neutral at BofA Securities; tgt raised to $40
    • Univ Elec (UEIC) upgraded to Buy from Neutral at B. Riley Securities; tgt raised to $14
    • Upstart (UPST) upgraded to Neutral from Sell at BTIG Research
    • Valley National (VLY) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $11
    • Warner Bros. Discovery (WBD) upgraded to Peer Perform from Underperform at Wolfe Research
    • Winnebago (WGO) upgraded to Buy from Neutral at Northcoast; tgt $75
  • Downgrades:
    • Agilon Health (AGL) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
    • Arcadium Lithium (ALTM) downgraded to Sector Perform from Sector Outperform at Scotiabank; tgt $5.85
    • Ardelyx (ARDX) downgraded to Neutral from Buy at H.C. Wainwright; tgt lowered to $5.50
    • Atmus Filtration Technologies (ATMU) downgraded to Equal Weight from Overweight at Wells Fargo; tgt raised to $45
    • Bloomin' Brands (BLMN) downgraded to Mkt Perform from Outperform at Raymond James
    • Cabot (CBT) downgraded to Underweight from Neutral at JP Morgan; tgt $105
    • Celanese (CE) downgraded to Neutral from Buy at UBS; tgt lowered to $97
    • Celanese (CE) downgraded to Underperform from Market Perform at BMO Capital Markets; tgt lowered to $76
    • GCM Grosvenor (GCMG) downgraded to Hold from Buy at TD Cowen; tgt lowered to $12.50
    • Immunocore (IMCR) downgraded to Neutral from Outperform at Mizuho; tgt lowered to $38
    • Merck (MRK) downgraded to Neutral from Buy at Daiwa Securities
    • Nerdy (NRDY) downgraded to Underweight from Neutral at JP Morgan
    • NOV Inc. (NOV) downgraded to Neutral from Buy at Citigroup; tgt lowered to $18
    • NVR (NVR) downgraded to Neutral from Buy at Seaport Research Partners
    • Osisko Gold Royalties (OR) downgraded to Hold from Buy at TD Cowen
    • ProAssurance (PRA) downgraded to Neutral from Overweight at Piper Sandler; tgt $18
    • Smartsheet (SMAR) downgraded to Neutral from Buy at Guggenheim
    • Teck Resources (TECK) downgraded to Neutral from Buy at UBS
    • Tempus AI (TEM) downgraded to Hold from Buy at Stifel; tgt raised to $65
    • Tidewater (TDW) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $102
    • Vale S.A. (VALE) downgraded to Neutral from Buy at UBS; tgt lowered to $11.50
    • WhiteHorse Finance (WHF) downgraded to Perform from Outperform at Oppenheimer
    • Xeris Biopharma (XERS) downgraded to Neutral from Overweight at Piper Sandler; tgt $3
  • Others:
    • Advanced Micro Devices (AMD) initiated with a Hold at CICC
    • Alarm.com (ALRM) resumed with an Underweight from Neutral at JP Morgan; tgt lowered to $50
    • Block (SQ) resumed with an Overweight at Piper Sandler; tgt $83
    • GeoVax Labs (GOVX) initiated with a Buy at Alliance Global Partners; tgt $15
    • RXO, Inc. (RXO) resumed with an Equal Weight at Wells Fargo; tgt $31
    • Stellantis (STLA) initiated with an In-line at Evercore ISI
    • TriSalus Life Sciences (TLSI) initiated with a Buy at ROTH MKM; tgt $11