Research Calls I
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Upgrades:
- Anheuser-Busch InBev (BUD) upgraded to Buy from Neutral at UBS
- Carrier Global (CARR) upgraded to Buy from Neutral at Citigroup; tgt raised to $74
- Cinemark (CNK) upgraded to Buy from Neutral at ROTH MKM; tgt raised to $26
- Digimarc (DMRC) upgraded to Buy from Hold at Needham; tgt $40
- Planet Fitness (PLNT) upgraded to Buy from Hold at TD Cowen; tgt raised to $92
- Sirius XM (SIRI) upgraded to In-line from Underperform at Evercore ISI; tgt lowered to $3.25
- Solid Biosciences (SLDB) upgraded to Outperform from Market Perform at Leerink Partners; tgt $12
- Synovus (SNV) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $46
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Downgrades:
- Liberty Media (LSXMA) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $27
- ResMed (RMD) downgraded to Neutral from Buy at Citigroup
- Werner Enterprises (WERN) downgraded to Negative from Neutral at Susquehanna; tgt lowered to $27
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Others:
- Accenture (ACN) initiated with a Neutral at Goldman; tgt $335
- Affirm (AFRM) resumed with a Buy at Goldman; tgt $42
- Agilysys (AGYS) initiated with an Outperform at William Blair
- Ally Financial (ALLY) initiated with a Buy at Citigroup; tgt $50
- Block (SQ) resumed with a Buy at Goldman; tgt $80
- Bridger Aerospace Group (BAER) initiated with a Buy at Canaccord Genuity; tgt $5.50
- Celsius (CELH) initiated with an Outperform at Exane BNP Paribas; tgt $87
- Cheniere Energy Partners (CQP) initiated with a Mkt Perform at Bernstein
- Cheniere Energy (LNG) initiated with an Outperform at Bernstein
- Church & Dwight (CHD) initiated with a Neutral at Exane BNP Paribas; tgt $114
- Clorox (CLX) initiated with an Underperform at Exane BNP Paribas; tgt $130
- Coca-Cola (KO) initiated with an Outperform at Exane BNP Paribas; tgt $72
- Cognizant Tech (CTSH) initiated with a Neutral at Goldman; tgt $72
- Colgate-Palmolive (CL) initiated with an Outperform at Exane BNP Paribas; tgt $109
- Elevance Health (ELV) initiated with an Overweight at Morgan Stanley; tgt $643
- Envoy Medical (COCH) initiated with a Buy at Ascendiant Capital Markets; tgt $8.50
- EPAM Systems (EPAM) initiated with a Neutral at Goldman; tgt $200
- Globant (GLOB) initiated with a Buy at Goldman; tgt $200
- Humana (HUM) initiated with an Equal-Weight at Morgan Stanley; tgt $374
- IBM (IBM) initiated with a Buy at Goldman; tgt $200
- IperionX (IPX) initiated with a Buy at ThinkEquity
- Keurig Dr Pepper (KDP) initiated with a Neutral at Exane BNP Paribas; tgt $36
- Kimberly-Clark (KMB) initiated with a Neutral at Exane BNP Paribas; tgt $146
- Marqeta (MQ) resumed with a Neutral at Goldman; tgt $5.50
- Monster Beverage (MNST) initiated with an Underperform at Exane BNP Paribas; tgt $48
- PayPal (PYPL) resumed with a Neutral at Goldman; tgt $69
- PepsiCo (PEP) initiated with a Neutral at Exane BNP Paribas; tgt $174
- Praxis Precision Medicines (PRAX) initiated with a Buy at Needham; tgt $145
- Procter & Gamble (PG) initiated with an Outperform at Exane BNP Paribas; tgt $187
- TaskUs (TASK) initiated with a Sell at Goldman; tgt $12
- Thoughtworks (TWKS) initiated with a Sell at Goldman; tgt $2.50
- ZEEKR Intelligent Technology Holding Limited (ZK) initiated with a Buy at Citigroup; tgt $32.40