>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Arm Holdings plc (ARM) upgraded to Outperform from Neutral at Daiwa Securities; tgt $130
    • Ashland (ASH) upgraded to Neutral from Underweight at JP Morgan; tgt lowered to $89
    • Banco Macro (BMA) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $62
    • Ceva (CEVA) upgraded to Buy from Neutral at ROTH MKM; tgt raised to $25
    • Editas Medicine (EDIT) upgraded to Buy from Neutral at BofA Securities; tgt raised to $15
    • Equinor (EQNR) upgraded to Neutral from Sell at UBS
    • Fortinet (FTNT) upgraded to Hold from Sell at DZ Bank; tgt $65
    • Grupo Financiero Galicia (GGAL) upgraded to Buy from Underperform at BofA Securities; tgt raised to $36
    • Grupo Supervielle (SUPV) upgraded to Neutral from Underperform at BofA Securities; tgt $7
    • HubSpot (HUBS) upgraded to Sector Weight from Underweight at KeyBanc Capital Markets
    • Klaviyo (KVYO) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $33
    • Lattice Semi (LSCC) upgraded to Outperform from Mkt Perform at Raymond James; tgt $50
    • Nevro (NVRO) upgraded to Peer Perform from Underperform at Wolfe Research
    • Vornado Rlty Trust (VNO) upgraded to Neutral from Underweight at Piper Sandler; tgt raised to $30
    • Vornado Rlty Trust (VNO) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt raised to $40
    • Wolverine (WWW) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $20
  • Downgrades:
    • BP (BP) downgraded to Hold from Buy at HSBC Securities
    • Bumble Inc. (BMBL) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $5.50
    • Bumble Inc. (BMBL) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $8
    • Bumble Inc. (BMBL) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $7
    • Bumble Inc. (BMBL) downgraded to Hold from Buy at Stifel; tgt lowered to $6.50
    • Bumble Inc. (BMBL) downgraded to Neutral from Buy at BTIG Research
    • Celsius (CELH) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $32
    • Charles River (CRL) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $205
    • Charles River (CRL) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $191
    • Compania Cervecerias Unidas (CCU) downgraded to Underweight from Overweight at JP Morgan; tgt lowered to $10
    • Dine Brands (DIN) downgraded to Hold from Buy at The Benchmark Company
    • Envista (NVST) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $16
    • Fastly (FSLY) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $6
    • Fortrea (FTRE) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $27
    • Hudson Pacific Properties (HPP) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $6
    • Hudson Pacific Properties (HPP) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $6
    • Intel (INTC) downgraded to Neutral from Outperform at Mizuho; tgt lowered to $22
    • International Money Express (IMXI) downgraded to Neutral from Buy at BTIG Research
    • JFrog (FROG) downgraded to Perform from Outperform at Oppenheimer
    • Louisiana-Pacific (LPX) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt $99
    • Outset Medical (OM) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $3
    • PetIQ (PETQ) downgraded to Hold from Buy at Truist; tgt raised to $31
    • Schneider National (SNDR) downgraded to Hold from Buy at Stifel; tgt $25
    • SmartRent (SMRT) downgraded to Neutral from Overweight at Cantor Fitzgerald; tgt lowered to $2
    • Textron (TXT) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $95
    • Topgolf Callaway Brands (MODG) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $13
    • Topgolf Callaway Brands (MODG) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • United Parks & Resorts Inc. (PRKS) downgraded to Neutral from Buy at Goldman; tgt lowered to $53
    • Vestis (VSTS) downgraded to Neutral from Outperform at Robert W. Baird; tgt $13
    • Walt Disney (DIS) downgraded to Neutral from Buy at Seaport Research Partners
  • Others:
    • Constellation Energy (CEG) initiated with an Overweight at Barclays; tgt $211
    • Olin (OLN) initiated with a Neutral at Mizuho; tgt $45
    • Pyxis Oncology (PYXS) initiated with a Buy at Stifel; tgt $10
    • Stride (LRN) initiated with a Buy at Canaccord Genuity; tgt $94
    • Tandem Diabetes Care (TNDM) initiated with a Buy at Canaccord Genuity; tgt $57
    • Udemy (UDMY) initiated with a Buy at Canaccord Genuity; tgt $12
    • Westlake Corporation (WLK) initiated with an Outperform at Mizuho; tgt $170