>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Carnival (CCL) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $31
    • Cross Country (CCRN) upgraded to Outperform from Neutral at Wedbush; tgt $15
    • Five Below (FIVE) upgraded to Outperform from Market Perform at William Blair
    • Fluence Energy (FLNC) upgraded to Neutral from Sell at Guggenheim
    • Mastercard (MA) upgraded to Outperform from Neutral at BNP Paribas Exane, tgt $600
    • MoonLake Immunotherapeutics (MLTX) upgraded to Buy from Neutral at Rothschild & Co Redburn, tgt $40
    • Nu Holdings (NU) upgraded to Buy from Neutral at UBS, tgt $17.60
    • South State (SSB) upgraded to Outperform from Market Perform at Hovde Group, tgt $110
    • Tandem Diabetes Care (TNDM) upgraded to Buy from Hold at Truist, tgt $35
    • Union Pacific (UNP) upgraded to Outperform from In Line at Evercore ISI, tgt $262
  • Downgrades:
    • CSX (CSX) downgraded to In Line from Outperform at Evercore ISI, tgt $41
    • Freshworks (FRSH) downgraded to Perform from Outperform at Oppenheimer
    • Kinsale Capital (KNSL) downgraded to Underperform from Hold at Jefferies, tgt $312
    • Life360 (LIF) downgraded to Neutral from Buy at DA Davidson, tgt $40
    • Micron (MU) downgraded to Hold from Buy at Summit Insights
    • Xponential Fitness (XPOF) downgraded to Market Perform from Strong Buy at Raymond James
  • Others:
    • ADP (ADP) initiated with a Buy at Guggenheim, tgt $270
    • ALX Oncology (ALXO) initiated with an Overweight at Wells Fargo, tgt $5
    • Aligos Therapeutics (ALGS) assumed with a Buy at Jefferies, tgt $48
    • EnerSys (ENS) initiated with a Buy at TD Cowen, tgt $190
    • FrontView REIT (FVR) initiated with a Buy at B. Riley, tgt $20.50
    • Globe Life (GL) initiated with a Buy at Texas Capital Securities, tgt $170
    • Inventiva (IVA) initiated with a Buy at Truist, tgt $13
    • MapLight Therapeutics (MPLT) initiated with a Buy at Canaccord, tgt $35
    • Okta (OKTA) initiated with an Outperform at Macquarie, tgt $100
    • Olema Pharmaceuticals (OLMA) assumed with a Buy at Jefferies
    • Paychex (PAYX) initiated with a Neutral at Guggenheim
    • Rocket Lab USA (RKLB) initiated with a Buy at Clear Street, tgt $88
    • Saneamento Basico (SBS) initiated with a Buy at Jefferies, tgt $36.60
    • Slide Insurance Holdings (SLDE) initiated with a Buy at Texas Capital, tgt $25
    • SoFi Technologies (SOFI) initiated with an Equal Weight at Wells Fargo, tgt $19
    • Vor Biopharma (VOR) initiated with an Overweight at Wells Fargo, tgt $30