Research Calls I
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Upgrades:
- Fervo Energy (FRVO) upgraded to Buy from Hold at Jefferies, tgt $34
- Global Payments (GPN) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $100
- GAP Airports (PAC) upgraded to Buy from Neutral at Citigroup
- Harley-Davidson (HOG) upgraded to Buy from Hold at Loop Capital, tgt $32
- Lumentum (LITE) upgraded to Overweight from Equal Weight at Barclays, tgt $1,000
- Nebius (NBIS) upgraded to Buy from Hold at Freedom Capital, tgt $200
- Netflix (NFLX) upgraded to Buy from Accumulate at Phillip Securities, tgt $110
- Urban Outfitters (URBN) upgraded to Buy from Neutral at Goldman, tgt $93
- U.S. Bancorp (USB) upgraded to Neutral from Underweight at JPMorgan, tgt $67.50
- Yeti (YETI) upgraded to Buy from Neutral at Goldman, tgt $63
- Fervo Energy (FRVO) upgraded to Buy from Hold at Jefferies, tgt $34
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Downgrades:
- Allegro MicroSystems (ALGM) downgraded to Equal Weight from Overweight at Barclays, tgt $48
- Birkenstock (BIRK) downgraded to Neutral from Buy at Seaport Research
- Charles River (CRL) downgraded to Hold from Outperform at CLSA, tgt $219
- Charles Schwab (SCHW) downgraded to Market Perform from Outperform at BMO Capital, tgt $105
- Fidus Investment (FDUS) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $19.50
- F.N.B. (FNB) downgraded to Neutral from Buy at BofA Securities, tgt $19
- HubSpot (HUBS) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $225
- Monster Beverage (MNST) downgraded to Hold from Buy at Deutsche Bank, tgt $98
- Penguin Solutions (PENG) downgraded to Underweight from Equal Weight at Barclays, tgt $40
- StoneX Group (SNEX) downgraded to Hold from Buy at Jefferies, tgt $112
- Truist Financial (TFC) downgraded to Underweight from Neutral at JPMorgan, tgt $53
- Allegro MicroSystems (ALGM) downgraded to Equal Weight from Overweight at Barclays, tgt $48
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Others:
- Adobe (ADBE) initiated with an Outperform at CLSA, tgt $300
- Apollo Global (APO) initiated with a Buy at HSBC, tgt $145
- AtlasClear (ATCH) initiated with a Buy at ThinkEquity
- BP (BP) initiated with an Outperform at Mizuho, tgt $51
- BrainsWay (BWAY) initiated with a Buy at BTIG Research, tgt $18
- Crane (CR) initiated with an Outperform at BMO Capital, tgt $253
- Doncasters (DPC) initiated with a Buy at Jefferies, tgt $56
- Doncasters (DPC) initiated with an Equal Weight at Morgan Stanley, tgt $47
- Doncasters (DPC) initiated with an Outperform at RBC Capital, tgt $53
- Doncasters (DPC) initiated with a Buy at Rothschild & Co Redburn, tgt $53.50
- Eloxx Pharmaceuticals (ELOX) initiated with a Buy at Guggenheim, tgt $43
- EnPro (NPO) initiated with an Overweight at JPMorgan, tgt $420
- Faeth Therapeutics (FTH) initiated with an Outperform at Citizens, tgt $51
- Genius Sports (GENI) initiated with a Buy at Freedom Capital, tgt $9
- Gloo (GLOO) initiated with an Outperform at Citizens, tgt $8
- Honeywell Aerospace (HONA) initiated with a Neutral at UBS, tgt $231
- Microsoft (MSFT) initiated with an Outperform at CLSA, tgt $535
- Moog (MOG.A) initiated with an Overweight at JPMorgan, tgt $520
- Oracle (ORCL) initiated with a Hold at CLSA, tgt $145
- Ralliant (RAL) initiated with a Market Perform at BMO Capital, tgt $78
- Regal Rexnord (RRX) initiated with a Buy at Deutsche Bank, tgt $286
- Salesforce (CRM) initiated with a Hold at CLSA, tgt $165
- ServiceNow (NOW) initiated with an Underperform at CLSA, tgt $72
- Shattuck Labs (STTK) initiated with an Outperform at Leerink, tgt $16
- Shell (SHEL) initiated with a Neutral at Mizuho, tgt $98
- Soluna Holdings (SLNH) assumed with a Buy at H.C. Wainwright, tgt $4
- Sophia Genetics (SOPH) initiated with a Buy at H.C. Wainwright, tgt $12
- Sportradar (SRAD) initiated with a Buy at Freedom Capital, tgt $20
- TotalEnergies (TTE) initiated with an Outperform at Mizuho, tgt $103
- Trulieve Cannabis (TRLV) initiated with an Overweight at Cantor Fitzgerald, tgt $15
- Versigent (VGNT) initiated with a Buy at Goldman, tgt $48
- Workday (WDAY) initiated with an Underperform at CLSA, tgt $92
- Adobe (ADBE) initiated with an Outperform at CLSA, tgt $300