>>> US Research Calls I

Research Calls I
  • Upgrades
    • Alliant Energy (LNT) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $68
    • Autodesk (ADSK) upgraded to Buy from Neutral at DA Davidson, tgt $375
    • CACI (CACI) upgraded to Outperform from Market Perform at William Blair
    • Constellation Brands (STZ) upgraded to Buy from Hold at Jefferies, tgt $205
    • Equity Residential (EQR) upgraded to Outperform from In Line at Evercore ISI, tgt $75
    • Phibro Animal Health (PAHC) upgraded to Overweight from Neutral at JPMorgan, tgt $35
    • PSEG (PEG) upgraded to Buy from Neutral at UBS, tgt $97
    • POSCO (PKX) upgraded to Overweight from Equal Weight at Morgan Stanley
    • RenaissanceRe (RNR) upgraded to Equal Weight from Underweight at Barclays, tgt $256
    • Sunrun (RUN) upgraded to Outperform from Neutral at BNP Paribas Exane, tgt $21
    • Shoals Technologies (SHLS) upgraded to Buy from Hold at Jefferies, tgt $7.20
    • T-Mobile (TMUS) upgraded to Neutral from Sell at Rothschild & Co Redburn, tgt $228
    • UDR (UDR) upgraded to Outperform from In Line at Evercore ISI, tgt $46
    • U.S. Bancorp (USB) upgraded to Strong Buy from Outperform at Raymond James, tgt $57
  • Downgrades
    • Applied Materials (AMAT) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $200
    • ASGN (ASGN) downgraded to Underperform from Hold at Jefferies, tgt $42
    • BAE Systems (BAESY) downgraded to Reduce from Hold at Kepler Cheuvreux
    • Chubb (CB) downgraded to Equal Weight from Overweight at Barclays, tgt $298
    • CrowdStrike (CRWD) downgraded to Neutral from Overweight at Piper Sandler
    • Essent Group (ESNT) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $67
    • MP Materials (MP) downgraded to Hold from Buy at Jefferies, tgt $33
    • Netflix (NFLX) downgraded to Neutral from Buy at Seaport Research, tgt $1,400
    • NMI Holdings (NMIH) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $43
    • Olo (OLO) downgraded to Sector Perform from Outperform at RBC Capital, tgt $10.25
    • Progressive (PGR) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $290
    • SK Telecom (SKM) downgraded to Sell from Neutral at Goldman
    • Stellantis (STLA) downgraded to Neutral from Buy at BofA Securities, tgt $11.75
    • Sun Life Financial (SLF) downgraded to Underweight from Equal Weight at Barclays
    • Tesla (TSLA) downgraded to Market Perform from Outperform at William Blair
    • Travelers (TRV) downgraded to Equal Weight from Overweight at Barclays, tgt $274
    • Wells Fargo (WFC) downgraded to Market Perform from Strong Buy at Raymond James
  • Others
    • AbCellera (ABCL) assumed with an Outperform at Leerink, tgt $5
    • Aethlon Medical (AEMD) assumed with a Neutral at H.C. Wainwright, tgt $1.50
    • Alaska Air (ALK) assumed with a Neutral at UBS, tgt $49
    • Allegiant Travel (ALGT) assumed with a Neutral at UBS, tgt $59
    • Ategrity Specialty Insurance Company (ASIC) initiated with a Neutral at Citigroup, tgt $26
    • Ategrity Specialty Insurance Company (ASIC) initiated with an Overweight at Wells Fargo, tgt $29
    • Ategrity Specialty Insurance Company (ASIC) initiated with an Overweight at Barclays, tgt $30
    • Ategrity Specialty Insurance Company (ASIC) initiated with an Overweight at JPMorgan, tgt $26
    • Ategrity Specialty Insurance Company (ASIC) initiated with a Buy at TD Cowen; tgt $27
    • AT&T (T) reinstated with a Buy at BofA Securities, tgt $32
    • Benitec Biopharma (BNTC) initiated with a Buy at TD Cowen
    • Bioventus (BVS) initiated with an Overweight at Cantor Fitzgerald, tgt $12
    • Caesars (CZR) initiated with a Buy at Goldman, tgt $36
    • Chime (CHYM) initiated with an Outperform at Evercore ISI, tgt $38
    • Chime (CHYM) initiated with a Hold at Deutsche Bank; tgt $35
    • Chime (CHYM) initiated with a Buy at Canaccord, tgt $40
    • Chime (CHYM) initiated with an Outperform at William Blair
    • Chime (CHYM) initiated with an Overweight at Barclays, tgt $40
    • Chime (CHYM) initiated with an Outperform at Wolfe Research, tgt $38
    • Chime (CHYM) initiated with an Overweight at Piper Sandler, tgt $40
    • Chime (CHYM) initiated with a Neutral at UBS, tgt $35
    • Chime (CHYM) initiated with an Overweight at JPMorgan, tgt $40
    • Chime (CHYM) initiated with an Overweight at Morgan Stanley, tgt $39
    • Chime (CHYM) initiated with a Neutral at Goldman, tgt $34
    • CNX Resources (CNX) initiated with an Equal Weight at Barclays, tgt $33
    • Energy Transfer LP (ET) initiated with a Buy at TD Cowen, tgt $22
    • Enterprise Products (EPD) initiated with a Hold at TD Cowen, tgt $33
    • EQT Corporation (EQT) initiated with an Overweight at Barclays, tgt $65
    • Frontier Group (ULCC) assumed with a Neutral at UBS, tgt $4
    • GE Vernova (GEV) initiated with a Buy at UBS, tgt $614
    • JetBlue (JBLU) assumed with a Sell at UBS, tgt $3
    • Kinder Morgan (KMI) initiated with a Buy at TD Cowen, tgt $34
    • LendingClub (LC) initiated with a Market Perform at Citizens JMP
    • Las Vegas Sands (LVS) initiated with a Neutral at Goldman, tgt $52
    • MGM Resorts (MGM) initiated with a Sell at Goldman, tgt $34
    • Monopar Therapeutics (MNPR) initiated with an Overweight at Cantor Fitzgerald, tgt $74
    • Okta (OKTA) initiated with a Sell at Arete, tgt $83
    • ONEOK (OKE) initiated with a Hold at TD Cowen, tgt $91
    • Rockwell Automation (ROK) initiated with an Outperform at CICC, tgt $381
    • Rhythm Pharmaceuticals (RYTM) initiated with an Outperform at Leerink, tgt $88
    • SailPoint (SAIL) initiated with a Sell at Arete, tgt $16
    • SanDisk (SNDK) initiated with a Buy at Jefferies
    • T-Mobile (TMUS) reinstated with a Neutral at BofA Securities, tgt $255
    • Targa Resources (TRGP) initiated with a Hold at TD Securities, tgt $192
    • Verizon (VZ) reinstated with a Neutral at BofA Securities, tgt $45
    • Voyager Technologies (VOYG) initiated with a Buy at BofA Securities, tgt $50
    • Voyager Technologies (VOYG) initiated with an Overweight at JPMorgan, tgt $52
    • Voyager Technologies (VOYG) initiated with an Equal Weight at Morgan Stanley, tgt $46
    • Voyager Technologies (VOYG) initiated with an Outperform at Wolfe Research; tgt $50
    • Voyager Technologies (VOYG) initiated with an Equal Weight at Barclays, tgt $45
    • Voyager Technologies (VOYG) initiated with an Overweight at KeyBanc
    • Voyager Technologies (VOYG) initiated with a Buy at Jefferies, tgt $50
    • Williams (WMB) initiated with a Buy at TD Cowen, tgt $67
    • Wynn Resorts (WYNN) initiated with a Buy at Goldman, tgt $122