>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Block (XYZ) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt $65
    • Globant (GLOB) upgraded to Neutral from Sell at Redburn Atlantic; tgt raised to $150
    • Philips (PHG) upgraded to Outperform from Neutral at Exane BNP Paribas
    • Quanta Services (PWR) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt lowered to $316
    • Telecom Argentina (TEO) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $13
    • Walmart (WMT) upgraded to Buy from Hold at DZ Bank; tgt $110
  • Downgrades:
    • AllianceBernstein (AB) downgraded to Hold from Buy at TD Cowen; tgt raised to $38.50
    • Civitas Resources (CIVI) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Coca-Cola European Partners (CCEP) downgraded to Reduce from Hold at Kepler
    • Farmland Partners (FPI) downgraded to Neutral from Buy at Lucid Capital
    • GDS Holdings (GDS) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $37
    • Liberty Latin America (LILA) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $6.50
    • Realty Income (O) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $61
    • Tempus AI (TEM) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $55
  • Others:
    • BGC Group (BGC) initiated with a Buy at BofA Securities; tgt $16
    • Centrus Energy (LEU) initiated with a Buy at H.C. Wainwright; tgt $300
    • Constellium (CSTM) upgraded to Buy from Hold at Deutsche Bank; tgt $15
    • Costco (COST) initiated with an Outperform at KGI Securities
    • DoubleDown Interactive (DDI) resumed with a Buy at B. Riley Securities; tgt $23
    • Insmed (INSM) initiated with an Outperform at RBC Capital Mkts; tgt $100
    • Intuitive Machines (LUNR) initiated with a Hold at Deutsche Bank; tgt $18
    • Kura Sushi (KRUS) initiated with a Hold at TD Cowen; tgt $72
    • Nebius Group N.V. (NBIS) initiated with a Buy at DA Davidson; tgt $50
    • Sandisk (SNDK) initiated with an Equal Weight at Wells Fargo; tgt $56
    • Solaris Energy Infrastructure (SEI) initiated with a Buy at Janney; tgt $57
    • Warby Parker (WRBY) initiated with a Neutral at ROTH MKM; tgt $26
    • Wave Life Sciences (WVE) initiated with a Buy at Jefferies; tgt $26