Research Calls I
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Upgrades:
- Biomea Fusion (BMEA) upgraded to Buy from Hold at Truist; tgt $54
- Biomea Fusion (BMEA) upgraded to Buy from Neutral at Rodman & Renshaw; tgt $18
- Certara (CERT) upgraded to Buy from Neutral at UBS; tgt $16
- Vista Energy (VIST) upgraded to Buy from Neutral at UBS; tgt raised to $60
- Wynn Resorts (WYNN) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $104
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Downgrades:
- Agios Pharma (AGIO) downgraded to Market Perform from Outperform at Leerink Partners; tgt lowered to $56
- Ardmore Shipping (ASC) downgraded to Hold from Buy at Fearnley
- Bumble Inc. (BMBL) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
- Celldex Therapeutics (CLDX) downgraded to Peer Perform from Outperform at Wolfe Research
- Dollar General (DG) downgraded to Sell from Neutral at Citigroup; tgt lowered to $73
- HP Inc. (HPQ) downgraded to Neutral from Buy at BofA Securities; tgt $37
- Medpace (MEDP) downgraded to Neutral from Buy at UBS; tgt lowered to $350
- Scorpio Tankers (STNG) downgraded to Hold from Buy at Fearnley
- Summit Therapeutics (SMMT) downgraded to Neutral from Buy at Citigroup; tgt raised to $23
- TORM plc (TRMD) downgraded to Hold from Buy at Fearnley
- Ubisoft (UBSFY) downgraded to Hold from Buy at HSBC Securities
- Udemy (UDMY) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $7.50
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Others:
- Achieve Life Sciences (ACHV) initiated with a Strong Buy at Raymond James; tgt $20
- ACV Auctions (ACVA) resumed with a Mkt Perform at Raymond James; tgt $22
- Adidas AG (ADDYY) added to Robert W. Baird's Bullish Fresh Pick Trading Call
- Airbnb (ABNB) resumed with a Mkt Perform at Raymond James; tgt $134
- Amgen (AMGN) initiated with an Overweight at Cantor Fitzgerald; tgt $405
- Archrock (AROC) initiated with a Buy at Citigroup; tgt $24
- Autodesk (ADSK) initiated with a Neutral at DA Davidson; tgt $260
- CAVA Group (CAVA) initiated with a Neutral at UBS; tgt $135
- Cboe Global Markets (CBOE) initiated with a Sector Perform at RBC Capital Mkts; tgt $220
- Chesapeake Energy (CHK) initiated with a Buy at ROTH MKM; tgt $92
- CME Group (CME) initiated with a Sector Perform at RBC Capital Mkts; tgt $235
- Dell (DELL) resumed with a Buy at Deutsche Bank; tgt $144
- INmune Bio (INMB) initiated with an Outperform at Raymond James; tgt $18
- Intercontinental Exchange (ICE) initiated with an Outperform at RBC Capital Mkts; tgt $200
- Itron (ITRI) initiated with a Buy at Janney; tgt $131
- KalVista Pharmaceuticals (KALV) initiated with a Buy at JonesResearch
- Kodiak Gas Services (KGS) initiated with a Buy at Citigroup; tgt $35
- LENZ Therapeutics (LENZ) initiated with an Outperform at Raymond James; tgt $37
- MercadoLibre (MELI) initiated with an Outperform at Raymond James; tgt $2350
- MP Materials (MP) named a Bullish Fresh Pick at Robert W. Baird
- NASDAQ (NDAQ) initiated with an Outperform at RBC Capital Mkts; tgt $88
- PepsiCo (PEP) added to 30-day negative catalyst watch at Citigroup
- Planet Fitness (PLNT) initiated with a Hold at Deutsche Bank; tgt $71
- USA Compression Partners (USAC) initiated with a Neutral at Citigroup; tgt $23
- VersaBank (VBNK) initiated with a Buy at ROTH MKM; tgt $18
- V.F. Corp (VFC) initiated with a Hold at Jefferies; tgt $20
- Wave Life Sciences (WVE) resumed with an Overweight at JP Morgan; tgt raised to $13