Research Calls I
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Upgrades
- AbbVie (ABBV) upgraded to Buy from Hold at HSBC, tgt $265
- Andersons (ANDE) upgraded to Outperform from Market Perform at BMO Capital, tgt $65
- Blue Owl Capital (OWL) upgraded to Strong Buy from Market Perform at Raymond James, tgt $20
- Commercial Metals (CMC) upgraded to Buy from Hold at Jefferies, tgt $78
- Compass Pathways (CMPS) upgraded to Outperform from Perform at Oppenheimer, tgt $15
- Docebo (DCBO) upgraded to Outperform from Sector Perform at ATB Capital
- Dyne Therapeutics (DYN) upgraded to Outperform from Perform at Oppenheimer, tgt $40
- EchoStar (SATS) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $110
- Franco-Nevada (FNV) upgraded to Outperform from Sector Perform at RBC Capital, tgt $250
- GE Vernova (GEV) upgraded to Outperform from Sector Perform at RBC Capital, tgt $761
- GE Vernova (GEV) upgraded to Outperform from Perform at Oppenheimer, tgt $855
- Helmerich & Payne (HP) upgraded to Overweight from Neutral at JPMorgan, tgt $34
- HSBC (HSBC) upgraded to Buy from Neutral at BofA Securities
- JBT Marel (JBTM) upgraded to Buy from Hold at Jefferies, tgt $180
- Liberty Energy (LBRT) upgraded to Overweight from Neutral at JPMorgan, tgt $24
- Middleby (MIDD) upgraded to Buy from Hold at Jefferies, tgt $175
- Parsons (PSN) upgraded to Buy from Hold at TD Cowen, tgt $75
- Pentair (PNR) upgraded to Buy from Hold at Jefferies, tgt $135
- PepsiCo (PEP) upgraded to Overweight from Neutral at JPMorgan, tgt $164
- ProPetro Holding (PUMP) upgraded to Overweight from Neutral at JPMorgan, tgt $13
- Terex (TEX) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $60
- Vale (VALE) upgraded to Outperform from Sector Perform at RBC Capital, tgt $14.20
- Waters (WAT) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $480
- Wheaton Precious Metals (WPM) upgraded to Outperform from Sector Perform at RBC Capital, tgt $130
- AbbVie (ABBV) upgraded to Buy from Hold at HSBC, tgt $265
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Downgrades
- Biogen (BIIB) downgraded to Reduce from Hold at HSBC, tgt $143
- Lakeland Industries (LAKE) downgraded to Neutral from Buy at DA Davidson, tgt $14
- Noble Corp. (NE) downgraded to Neutral from Overweight at JPMorgan, tgt $33
- Patterson-UTI (PTEN) downgraded to Underweight from Neutral at JPMorgan, tgt $6
- Regal Rexnord (RRX) downgraded to Hold from Buy at Jefferies, tgt $160
- Rogers Communications (RCI) downgraded to Hold from Buy at Desjardins
- Transocean (RIG) downgraded to Underweight from Neutral at JPMorgan
- Veralto (VLTO) downgraded to Hold from Buy at Jefferies, tgt $105
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Others
- ABM Industries (ABM) initiated with a Buy at Freedom Capital, tgt $54
- American Bitcoin (ABTC) initiated with a Buy at Roth Capital, tgt $4
- Apogee Therapeutics (APGE) initiated with a Buy at Deutsche Bank, tgt $103
- ArriVent Biopharma (AVBP) initiated with a Buy at BTIG Research, tgt $45
- Bath & Body Works (BBWI) initiated with a Neutral at Guggenheim
- Birkenstock (BIRK) initiated with a Buy at Guggenheim, tgt $60
- Bridgewater Bancshares (BWB) initiated with an Equal Weight at Stephens, tgt $20
- Burlington Stores (BURL) initiated with a Neutral at Guggenheim
- Capri Holdings (CPRI) initiated with a Buy at Guggenheim, tgt $32
- Clean Harbors (CLH) initiated with a Neutral at Citigroup, tgt $263
- Deckers Outdoor (DECK) initiated with a Neutral at Guggenheim
- Ferrari (RACE) initiated with a Neutral at Oddo BHF
- Gap (GAP) initiated with a Neutral at Guggenheim
- Laureate Education (LAUR) initiated with an Overweight at JPMorgan, tgt $40
- LKQ Corp (LKQ) initiated with an Overweight at Stephens, tgt $39
- Lululemon (LULU) initiated with a Neutral at Guggenheim
- Macy's (M) initiated with a Neutral at Guggenheim
- Magnum Ice Cream (MICC) initiated with a Neutral at BofA Securities
- Magnum Ice Cream (MICC) initiated with an Overweight at Morgan Stanley
- National Vision (EYE) initiated with a Buy at Guggenheim, tgt $32
- Nike (NKE) initiated with a Buy at Guggenheim, tgt $77
- On Holding (ONON) initiated with a Buy at Guggenheim, tgt $59
- Opus Genetics (IRD) initiated with a Buy at B. Riley, tgt $9
- Orchestra BioMed (OBIO) initiated with a Buy at TD Cowen, tgt $15
- OrthoPediatrics (KIDS) initiated with a Buy at Canaccord, tgt $24
- Peloton (PTON) initiated with a Neutral at Guggenheim
- Planet Fitness (PLNT) initiated with a Buy at Guggenheim, tgt $130
- PVH Corp (PVH) initiated with a Neutral at Guggenheim
- Revolve Group (RVLV) initiated with a Neutral at Guggenheim
- Roblox (RBLX) initiated with a Buy at B. Riley, tgt $125
- Ross Stores (ROST) initiated with a Buy at Guggenheim, tgt $199
- Samsara (IOT) initiated with an Overweight at KeyBanc, tgt $55
- SharkNinja (SN) initiated with a Buy at TD Cowen, tgt $135
- Sprott (SII) initiated with a Sector Perform at RBC Capital
- Take-Two (TTWO) initiated with a Buy at B. Riley, tgt $300
- Tapestry (TPR) initiated with a Neutral at Guggenheim
- TJX (TJX) initiated with a Buy at Guggenheim, tgt $175
- Under Armour (UAA) initiated with a Buy at Guggenheim, tgt $6
- Unisys (UIS) initiated with an Outperform at William Blair
- Urban Outfitters (URBN) initiated with a Neutral at Guggenheim
- VF Corp (VFC) initiated with a Neutral at Guggenheim
- Victoria's Secret (VSCO) initiated with a Neutral at Guggenheim
- ABM Industries (ABM) initiated with a Buy at Freedom Capital, tgt $54