>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Advance Auto (AAP) upgraded to Outperform from Neutral at Wedbush; tgt $55
    • Ardagh Metal Packaging S.A. (AMBP) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $5
    • ASE Technology (ASX) upgraded to Buy from Neutral at UBS
    • Bausch + Lomb (BLCO) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $25
    • BOK Financial (BOKF) upgraded to Buy from Neutral at DA Davidson; tgt raised to $124
    • Con Edison (ED) upgraded to Buy from Neutral at Citigroup; tgt raised to $116
    • Doximity (DOCS) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $52
    • Duke Energy (DUK) upgraded to Outperform from Neutral at Mizuho; tgt raised to $121
    • Meritage (MTH) upgraded to Neutral from Underperform at Wedbush; tgt raised to $195
    • Revvity (RVTY) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $140
    • SM Energy (SM) upgraded to Buy from Hold at TD Cowen; tgt lowered to $60
    • Wells Fargo (WFC) upgraded to Accumulate from Neutral at Phillip Securities
  • Downgrades:
    • American Intl (AIG) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $84
    • American Water Works (AWK) downgraded to Neutral from Outperform at Mizuho; tgt raised to $140
    • AppFolio (APPF) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt lowered to $193
    • Boeing (BA) downgraded to Hold from Buy at DZ Bank; tgt $152
    • Ciena (CIEN) downgraded to In-line from Outperform at Evercore ISI; tgt $65
    • CMS Energy (CMS) downgraded to Neutral from Outperform at Mizuho; tgt lowered to $72
    • Commvault Systems (CVLT) downgraded to Neutral from Buy at Guggenheim
    • Comstock (CRK) downgraded to Sell from Hold at Siebert Williams Shank; tgt $9
    • Enphase Energy (ENPH) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $100
    • Etsy (ETSY) downgraded to Sell from Neutral at Goldman; tgt lowered to $45
    • Lennox Int'l (LII) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Magnolia Oil & Gas (MGY) downgraded to Hold from Buy at Siebert Williams Shank; tgt $30
    • Mobileye Global (MBLY) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $11
    • Noble Corporation (NE) downgraded to Hold from Buy at The Benchmark Company
    • Prosperity Bancshares (PB) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $78
    • Transocean (RIG) downgraded to Hold from Buy at The Benchmark Company
    • Valaris (VAL) downgraded to Hold from Buy at The Benchmark Company
  • Others:
    • Airbnb (ABNB) added to Evercore ISI Tactical Outperform list
    • Alphabet (GOOG/L) added to Evercore ISI Tactical Outperform list
    • Bruker (BRKR) initiated with an Overweight at Barclays; tgt $75
    • Cadence Design (CDNS) initiated with a Buy at Berenberg; tgt $320
    • Constellation Energy (CEG) initiated with a Neutral at Citigroup; tgt $284
    • DHT (DHT) initiated with a Buy at BTIG Research; tgt $16
    • Expedia Group (EXPE) added to Evercore ISI Tactical Outperform list
    • German American Bancorp (GABC) initiated with an Overweight at Stephens; tgt $45
    • HEICO (HEI) initiated with a Neutral at UBS; tgt $277
    • Lemaitre Vascular (LMAT) initiated with a Neutral at Cantor Fitzgerald; tgt $96
    • MarineMax (HZO) initiated with a Buy at The Benchmark Company; tgt $40
    • Monro Muffler (MNRO) initiated with an Equal-Weight at Stephens; tgt $31
    • Synopsys (SNPS) initiated with a Buy at Berenberg; tgt $660
    • Valvoline (VVV) initiated with an Overweight at Stephens; tgt $49