>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Ambac (AMBC) upgraded to Buy from Neutral at ROTH MKM; tgt raised to $15
    • Braskem SA (BAK) upgraded to Buy from Neutral at UBS
    • Extra Space Storage (EXR) upgraded to Buy from Hold at Jefferies; tgt raised to $204
    • GE HealthCare (GEHC) upgraded to Buy from Neutral at BTIG Research; tgt $100
    • Intercontinental Hotels Group (IHG) upgraded to Buy from Neutral at Goldman
    • NMI Hldgs (NMIH) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $48
    • Sirius XM (SIRI) upgraded to Buy from Neutral at Guggenheim; tgt $30
    • SL Green Realty (SLG) upgraded to Neutral from Sell at Compass Point; tgt raised to $60
    • Ubisoft (UBSFY) upgraded to Outperform from Market Perform at BMO Capital Markets
    • V.F. Corp (VFC) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $22
    • Victoria's Secret (VSCO) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $25
  • Downgrades:
    • Edwards Lifesciences (EW) downgraded to Hold from Buy at Jefferies; tgt lowered to $70
    • Incyte (INCY) downgraded to Hold from Buy at Truist; tgt lowered to $74
    • Portland Gen Elec (POR) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $49
    • ResMed (RMD) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $180
  • Others:
    • Arm Holdings plc (ARM) initiated with an Outperform at William Blair
    • Beam Therapeutics (BEAM) initiated with a Hold at JonesResearch
    • BeiGene (BGNE) initiated with a Mkt Outperform at JMP Securities; tgt $288
    • Broadcom (AVGO) initiated with an Outperform at William Blair
    • Canaan (CAN) initiated with a Buy at B. Riley Securities; tgt $2
    • CervoMed (CRVO) initiated with a Buy at Chardan Capital Markets; tgt $55
    • Choice Hotels (CHH) initiated with a Sell at Goldman; tgt $105
    • Civitas Resources (CIVI) initiated with an Overweight at JP Morgan; tgt $67
    • Crescent Energy Company (CRGY) initiated with a Neutral at JP Morgan; tgt $12
    • Editas Medicine (EDIT) initiated with a Buy at JonesResearch
    • Halliburton (HAL) initiated with a Buy at DBS Group
    • Hilton Grand Vacations (HGV) initiated with a Sell at Goldman; tgt $31
    • Hilton (HLT) initiated with a Buy at Goldman; tgt $245
    • Hyatt Hotels (H) initiated with a Neutral at Goldman; tgt $151
    • ICON plc (ICLR) initiated with an Outperform at Leerink Partners; tgt $379
    • Inari (NARI) initiated with a Hold at Stifel; tgt $50
    • Intellia Therapeutics (NTLA) initiated with a Buy at JonesResearch
    • KKR (KKR) initiated with a Buy at HSBC Securities; tgt $148
    • Kodiak Gas Services (KGS) resumed with a Buy at BofA Securities; tgt $30
    • Marriott (MAR) initiated with a Buy at Goldman; tgt $267
    • Marriott Vacations (VAC) initiated with a Sell at Goldman; tgt $62
    • NVIDIA (NVDA) initiated with an Outperform at William Blair
    • OSI Systems (OSIS) initiated with an Overweight at Wells Fargo; tgt $170
    • Penumbra (PEN) initiated with a Buy at Stifel; tgt $238
    • Rhythm Pharmaceuticals (RYTM) initiated with a Buy at H.C. Wainwright; tgt $64
    • SLB (SLB) initiated with a Buy at DBS Group
    • Super Micro Computer (SMCI) initiated with a Buy at Needham; tgt $600
    • Talen Energy (TLN) initiated with a Buy at UBS; tgt $197
    • Travel + Leisure Co (TNL) initiated with a Neutral at Goldman; tgt $44
    • Wyndham Hotels & Resorts (WH) initiated with a Buy at Goldman; tgt $96