>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Bruker (BRKR) upgraded to Neutral from Sell at Goldman; tgt $60
    • ConocoPhillips (COP) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $123
    • Diageo plc (DEO) upgraded to Buy from Hold at Jefferies
    • Gates Industrial (GTES) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $25
    • Hewlett Packard Enterprise (HPE) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $28
    • Illinois Tool (ITW) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $270
    • Magna (MGA) upgraded to Peer Perform from Underperform at Wolfe Research
    • Mobileye Global (MBLY) upgraded to Outperform from Peer Perform at Wolfe Research
  • Downgrades:
    • AbbVie (ABBV) downgraded to Neutral from Outperform at Daiwa Securities; tgt $180
    • Ally Financial (ALLY) downgraded to Peer Perform from Outperform at Wolfe Research
    • American Eagle (AEO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $23
    • Applied Materials (AMAT) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $164
    • CNX Resources (CNX) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $37
    • Devon Energy (DVN) downgraded to Neutral from Overweight at JP Morgan; tgt $43
    • Ford Motor (F) downgraded to Underperform from Peer Perform at Wolfe Research
    • Formula One Group (FWONA) downgraded to Neutral from Buy at Seaport Research Partners
    • Maravai Life Sciences (MRVI) downgraded to Sell from Neutral at Goldman; tgt $4.25
    • Nautilus Biotechnology (NAUT) downgraded to Sell from Neutral at Goldman; tgt $1.75
    • Shift4 Payments (FOUR) downgraded to Hold from Buy at The Benchmark Company
  • Others:
    • Assurant (AIZ) initiated with an Equal-Weight at Morgan Stanley; tgt $251
    • Bloomin' Brands (BLMN) initiated with a Sell at Goldman; tgt $13
    • Brinker (EAT) initiated with a Buy at Goldman; tgt $150
    • Brown & Brown (BRO) initiated with an Overweight at Morgan Stanley; tgt $134
    • CarMax (KMX) initiated with an Equal-Weight at Stephens; tgt $86
    • CervoMed (CRVO) initiated with a Buy at H.C. Wainwright; tgt $42
    • Cheesecake Factory (CAKE) initiated with a Buy at Goldman; tgt $56
    • Choice Hotels (CHH) initiated with an Underweight at Wells Fargo; tgt $133
    • Community Financial System (CBU) resumed with a Neutral at Piper Sandler; tgt $70
    • Curtiss-Wright (CW) initiated with a Buy at Deutsche Bank; tgt $452
    • Darden Restaurants (DRI) initiated with a Neutral at Goldman; tgt $183
    • GE Vernova (GEV) initiated with a Buy at TD Cowen; tgt $400
    • Kinsale Capital (KNSL) initiated with an Overweight at Morgan Stanley; tgt $593
    • Walt Disney (DIS) initiated with a Hold at Jefferies; tgt $120