>>> US Research Calls I

Research Calls I
  • Upgrades
    • American Express (AXP) upgraded to Buy from Neutral at BofA, tgt $274
    • California Water Service (CWT) upgraded to Buy from Neutral at Seaport Research
    • Cinemark (CNK) upgraded to Overweight from Neutral at JPMorgan, tgt $34
    • CNX Resources (CNX) upgraded to Sector Perform from Underperform at Scotiabank, tgt $33
    • Everest Group (EG) upgraded to Buy from Hold at Jefferies, tgt $415
    • Huntington Ingalls (HII) upgraded to Buy from Sell at Goldman Sachs, tgt $234
    • Kaiser Aluminum (KALU) upgraded to Peer Perform from Underperform at Wolfe Research
    • L3Harris Technologies (LHX) upgraded to Buy from Sell at Goldman Sachs, tgt $263
    • Nektar (NKTR) upgraded to Buy from Hold at Jefferies, tgt $2
    • Newmont (NEM) upgraded to Buy from Neutral at UBS
    • Northrop Grumman (NOC) upgraded to Neutral from Sell at Goldman Sachs, tgt $521
    • OGE Energy (OGE) upgraded to Buy from Hold at Argus
    • Verizon (VZ) upgraded to Outperform from In Line at Evercore ISI, tgt $48
  • Downgrades
    • Booz Allen Hamilton (BAH) downgraded to Neutral from Buy at Goldman, tgt $109
    • Fluence Energy (FLNC) downgraded to Neutral from Overweight at JPMorgan, tgt $7
    • Joby Aviation (JOBY) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $7
    • Magna (MGA) downgraded to Sector Perform from Outperform at RBC Capital
    • Planet Labs (PL) downgraded to Neutral from Buy at Goldman, tgt $3.50
    • Skyward Specialty Insurance (SKWD) downgraded to Hold from Buy at Jefferies, tgt $59
  • Others
    • Blue Owl Capital Corp (OBDC) initiated with a Buy at Jefferies, tgt $16
    • Brunswick (BC) initiated with a Hold at Texas Capital, tgt $54
    • Casey's General Stores (CASY) initiated with an Overweight at KeyBanc, tgt $500
    • Churchill Downs (CHDN) initiated with an Overweight at Barclays, tgt $125
    • Confluent (CFLT) initiated with an Outperform at Raymond James, tgt $30
    • Costco (COST) initiated with a Neutral at Mizuho, tgt $975
    • Inter&Co (INTR) initiated with an Outperform at Safra, tgt $7
    • JFrog (FROG) initiated with an Outperform at Raymond James, tgt $40
    • Macom (MTSI) initiated with a Buy at Truist, tgt $125
    • Malibu Boats (MBUU) initiated with a Buy at Texas Capital, tgt $37
    • MarineMax (HZO) initiated with a Buy at Texas Capital, tgt $43
    • MasterCraft Boat (MCFT) initiated with a Hold at Texas Capital, tgt $17
    • Murphy USA (MUSA) initiated with an Overweight at KeyBanc, tgt $550
    • NuScale Power (SMR) initiated with a Buy at BTIG Research, tgt $20
    • Oklo (OKLO) initiated with a Neutral at BTIG Research
    • One Group Hospitality (STKS) initiated with a Buy at Northcoast, tgt $5
    • Peapack-Gladstone Financial (PGC) initiated with a Strong Buy at RAJA, tgt $39
    • Richtech Robotics (RR) initiated with a Buy at HC Wainwright, tgt $3.50
    • Rumbleon (RMBL) initiated with a Buy at Texas Capital, tgt $3.50
    • Sarepta (SRPT) initiated with an Overweight at Wells Fargo, tgt $115
    • Sportradar (SRAD) initiated with a Buy at BTIG Research, tgt $28
    • Target (TGT) initiated with a Neutral at Mizuho, tgt $92
    • TransAlta (TAC) initiated with a Hold at Jefferies, tgt C$12
    • Valens Semiconductor (VLN) initiated with a Buy at Needham, tgt $4
    • Walmart (WMT) initiated with an Outperform at Mizuho, tgt $105