>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Acadia Healthcare (ACHC) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $70
    • Advanced Energy (AEIS) upgraded to Buy from Hold at Needham; tgt $145
    • Alaska Air (ALK) upgraded to Positive from Neutral at Susquehanna; tgt $95
    • American Water Works (AWK) upgraded to Equal Weight from Underweight at Wells Fargo; tgt lowered to $129
    • Bank of America (BAC) upgraded to Buy from Neutral at UBS; tgt raised to $53
    • California Water (CWT) upgraded to Overweight from Equal Weight at Wells Fargo; tgt lowered to $52
    • Cardinal Health (CAH) upgraded to Outperform from In-line at Evercore ISI; tgt $140
    • Carvana (CVNA) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $280
    • Clorox (CLX) upgraded to Equal Weight from Underweight at Wells Fargo; tgt $157
    • Cousins Prop (CUZ) upgraded to Neutral from Underperform at Mizuho; tgt raised to $30
    • Digital Realty Trust (DLR) upgraded to Buy from Neutral at UBS; tgt raised to $205
    • Dutch Bros (BROS) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $70
    • Equinor (EQNR) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $30.90
    • Intl Flavors (IFF) upgraded to Buy from Hold at Argus
    • Robinhood Markets (HOOD) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $43
  • Downgrades:
    • American States Water (AWR) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $77
    • Apple (AAPL) downgraded to Sell from Neutral at MoffettNathanson; tgt $188
    • Bloomin' Brands (BLMN) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $13
    • Bridge Investment Group (BRDG) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $10
    • Cboe Global Markets (CBOE) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $174
    • Central Garden & Pet (CENTA) downgraded to Hold from Buy at Argus
    • Comerica (CMA) downgraded to Neutral from Buy at Goldman; tgt $71
    • Datadog (DDOG) downgraded to Hold from Buy at Truist; tgt lowered to $150
    • Dine Brands (DIN) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $32
    • Dow (DOW) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $53
    • Eni S.p.A. (E) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $31.60
    • Excelerate Energy (EE) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $31
    • Federated Hermes (FHI) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $42
    • Forge Global Holdings (FRGE) downgraded to Underweight from Neutral at JP Morgan
    • Freeport-McMoRan (FCX) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $46
  • Others:
    • Anteris Technologies Global Corp. (AVR) initiated with an Overweight at Barclays; tgt $22
    • Ascendis Pharma (ASND) initiated with a Buy at UBS; tgt $196
    • Audioeye (AEYE) initiated with a Buy at Needham; tgt $25
    • Boot Barn Holdings (BOOT) resumed with a Buy at BofA Securities; tgt $187
    • Brazil Potash Corp. (GRO) initiated with a Buy at ROTH MKM; tgt $17
    • Centessa Pharmaceuticals (CNTA) initiated with a Buy at TD Cowen
    • CG Oncology (CGON) initiated with a Buy at TD Cowen
    • Denali Therapeutics (DNLI) initiated with an Outperform at Robert W. Baird; tgt $31
    • EyePoint Pharmaceuticals (EYPT) initiated with a Buy at Citigroup; tgt $33
    • Hims & Hers Health (HIMS) initiated with a Buy at BTIG Research; tgt $35
    • ICON plc (ICLR) initiated with an Outperform at RBC Capital Mkts; tgt $263
    • KalVista Pharmaceuticals (KALV) initiated with a Buy at TD Cowen; tgt $30
    • Keurig Dr Pepper (KDP) initiated with a Neutral at Piper Sandler; tgt $35