>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Biogen (BIIB) upgraded to Overweight from Neutral at Piper Sandler, tgt $214
    • Birkenstock (BIRK) upgraded to Buy from Neutral at Seaport Research, tgt $52
    • Continental AG (CTTAY) upgraded to Overweight from Equal Weight at Barclays
    • Crocs (CROX) upgraded to Buy from Neutral at Seaport Research, tgt $135
    • Eastman Chemical (EMN) upgraded to Overweight from Neutral at JPMorgan, tgt $80
    • Ford (F) upgraded to Buy from Neutral at UBS, tgt $15
    • General Motors (GM) upgraded to Buy from Hold at Deutsche Bank, tgt $90
    • Glencore (GLNCY) upgraded to Buy from Hold at HSBC
    • Michelin (MGDDY) upgraded to Equal Weight from Underweight at Barclays
    • Tesla (TSLA) upgraded to Neutral from Sell at UBS, tgt $352
    • VF Corp. (VFC) upgraded to Buy from Neutral at Seaport Research, tgt $24
    • Viking Holdings (VIK) upgraded to Buy from Neutral at Rothschild & Co Redburn, tgt $95
  • Downgrades:
    • Asana (ASAN) downgraded to Neutral from Overweight at Piper Sandler, tgt $7
    • Barclays (BCS) downgraded to Neutral from Outperform at BNP Paribas
    • Ero Copper (ERO) downgraded to Neutral from Buy at Goldman, tgt $31
    • Fastly (FSLY) downgraded to Hold from Buy at Craig-Hallum, tgt $24
    • GFL Environmental (GFL) downgraded to Underweight from Neutral at JPMorgan, tgt $42
    • GrafTech (EAF) downgraded to Underweight from Neutral at JPMorgan
    • HSBC (HSBC) downgraded to Neutral from Outperform at BNP Paribas
    • Innoviz Technologies (INVZ) downgraded to Neutral from Buy at Goldman, tgt $0.75
    • Monday.com (MNDY) downgraded to Neutral from Overweight at Piper Sandler, tgt $85
    • NOV Inc. (NOV) downgraded to Sector Perform from Outperform at RBC Capital, tgt $21
    • Omega Healthcare (OHI) downgraded to Underperform from Neutral at BofA Securities, tgt $46
    • Qiagen (QGEN) downgraded to Equal Weight from Overweight at Barclays, tgt $44
    • Revvity (RVTY) downgraded to Equal Weight from Overweight at Barclays, tgt $95
    • SAP (SAP) downgraded to Neutral from Overweight at Piper Sandler
    • Solstice Advanced Materials (SOLS) downgraded to Neutral from Buy at UBS, tgt $87
  • Others:
    • Adagio Medical (ADGM) initiated with an Overweight at Piper Sandler, tgt $3
    • Akamai (AKAM) assumed with an Outperform at Evercore ISI, tgt $130
    • Aptiv (APTV) reinstated with a Buy at Goldman, tgt $74
    • BellRing Brands (BRBR) initiated with a Neutral at BTIG Research
    • Camp4 Therapeutics (CAMP) initiated with a Buy at Rodman & Renshaw, tgt $7
    • Campbell's (CPB) initiated with a Neutral at BTIG Research
    • Carrier Global (CARR) initiated with a Neutral at BNP Paribas, tgt $62
    • Charles River (CRL) initiated with an Outperform at RBC Capital, tgt $215
    • Conagra Brands (CAG) initiated with a Neutral at BTIG Research
    • Equillium (EQ) initiated with a Strong Buy at Raymond James, tgt $6
    • Fastly (FSLY) initiated with an Outperform at Evercore ISI, tgt $24
    • General Mills (GIS) initiated with a Neutral at BTIG Research
    • Guardian Metal (GMTL) initiated with an Outperform at BMO Capital
    • Hershey (HSY) initiated with a Neutral at BTIG Research
    • Infleqtion (INFQ) initiated with a Buy at Citigroup, tgt $20
    • Janus Living (JAN) initiated with a Neutral at Goldman, tgt $27
    • Janus Living (JAN) initiated with an Outperform at BNP Paribas, tgt $27
    • Janus Living (JAN) initiated with a Buy at BofA Securities, tgt $29
    • Janus Living (JAN) initiated with an Overweight at Wells Fargo, tgt $27
    • Janus Living (JAN) initiated with an Outperform at RBC Capital, tgt $27
    • Janus Living (JAN) initiated with an Overweight at JPMorgan, tgt $26
    • Janus Living (JAN) initiated with an Overweight at Morgan Stanley, tgt $28
    • Janus Living (JAN) initiated with an Overweight at Barclays, tgt $26
    • Johnson Controls (JCI) initiated with an Underperform at BNP Paribas, tgt $120
    • Kraft Heinz (KHC) initiated with a Neutral at BTIG Research
    • Lennox (LII) initiated with a Neutral at BNP Paribas, tgt $535
    • LendingTree (TREE) assumed with an Overweight at JPMorgan, tgt $50
    • McCormick (MKC) initiated with a Neutral at BTIG Research
    • Merlin (MRLN) initiated with a Buy at Roth Capital, tgt $15
    • Mondelez (MDLZ) initiated with a Buy at BTIG Research, tgt $70
    • Natera (NTRA) initiated with an Outperform at William Blair
    • Netskope (NTSK) initiated with a Buy at Rosenblatt, tgt $15
    • Nu Holdings (NU) initiated with an Outperform at CICC, tgt $18
    • Omada Health (OMDA) initiated with an Outperform at Citizens, tgt $18
    • Post Holdings (POST) initiated with a Neutral at BTIG Research
    • Relay Therapeutics (RLAY) initiated with a Hold at JonesResearch, tgt $18
    • SanDisk (SNDK) initiated with an Outperform at Evercore ISI, tgt $1,200
    • Simply Good Foods (SMPL) initiated with a Neutral at BTIG Research
    • Spyre Therapeutics (SYRE) initiated with a Strong Buy at Raymond James, tgt $80
    • Tectonic Therapeutic (TECX) initiated with a Buy at Stifel, tgt $75
    • Trane (TT) initiated with an Outperform at BNP Paribas, tgt $550
    • Utz Brands (UTZ) initiated with a Buy at BTIG Research, tgt $10
    • Versigent (VGNT) initiated with a Buy at UBS, tgt $43
    • Vertiv (VRT) initiated with an Outperform at BNP Paribas, tgt $345