Research Calls I
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Upgrades:
- Blackstone (BX) upgraded to Buy from Hold at TD Cowen; tgt raised to $230
- BNY Mellon (BK) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $94
- C.H. Robinson (CHRW) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $130
- Coca-Cola European Partners (CCEP) upgraded to Overweight from Equal-Weight at Morgan Stanley
- Cummins (CMI) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $420
- Dana Inc (DAN) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $19
- Enhabit Inc. (EHAB) upgraded to Buy from Hold at Jefferies; tgt raised to $9.50
- Equinor (EQNR) upgraded to Overweight from Underweight at JP Morgan
- Equitable Holdings (EQH) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $58
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Downgrades:
- Advanced Micro Devices (AMD) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $155
- Bank of America (BAC) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $55
- BioAge Labs (BIOA) downgraded to Neutral from Buy at Citigroup; tgt lowered to $7
- BioAge Labs (BIOA) downgraded to Hold from Buy at Jefferies; tgt lowered to $7
- Biogen (BIIB) downgraded to Hold from Buy at Jefferies; tgt lowered to $180
- Capital One (COF) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $200
- CareTrust REIT (CTRE) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $32
- Cboe Global Markets (CBOE) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $220
- HF Sinclair (DINO) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $45
- Kanzhun Limited (BZ) downgraded to Mkt Perform from Outperform at Bernstein; tgt $15
- Shift4 Payments (FOUR) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $112
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Others:
- Apple Hospitality REIT (APLE) initiated with an Outperform at BMO Capital Markets; tgt $18
- Atour Lifestyle Hldgs. Ltd. (ATAT) initiated with a Buy at Goldman; tgt $34.40
- Avista (AVA) initiated with a Hold at Jefferies; tgt $40
- Bentley Systems (BSY) initiated with a Neutral at JP Morgan; tgt $52
- eBay (EBAY) initiated with a Neutral at Wedbush; tgt $70
- Elanco Animal Health (ELAN) initiated with a Buy at UBS; tgt $18
- First Citizens BancShares (FCNCA) initiated with a Buy at Deutsche Bank; tgt $2600