Research Calls I
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Upgrades:
- Bread Financial (BFH) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $67
- Burlington Stores (BURL) upgraded to Neutral from Sell at UBS; tgt raised to $212
- Carvana (CVNA) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $130
- CGI Group (GIB) upgraded to Buy from Hold at TD Securities
- MGM Resorts (MGM) upgraded to Positive from Neutral at Susquehanna; tgt $54
- NNN REIT (NNN) upgraded to Neutral from Underperform at Exane BNP Paribas; tgt $42
- Shopify (SHOP) upgraded to Outperform from Underperform at Exane BNP Paribas
- SiteOne Landscape Supply (SITE) upgraded to Buy from Hold at Stifel; tgt lowered to $165
- Snowflake (SNOW) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $200
- Synchrony Financial (SYF) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $62
- Tanger Factory (SKT) upgraded to Buy from Neutral at Compass Point; tgt raised to $32
- TJX (TJX) upgraded to Buy from Neutral at UBS; tgt raised to $132
- The Trade Desk (TTD) upgraded to Buy from Hold at Jefferies; tgt raised to $105
- TTM Tech (TTMI) upgraded to Buy from Hold at Stifel; tgt raised to $19
- Upwork (UPWK) upgraded to Buy from Neutral at BTIG Research; tgt $16
- Ziff Davis (ZD) upgraded to Overweight from Neutral at JP Morgan; tgt $70
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Downgrades:
- Astec Industries (ASTE) downgraded to Hold from Buy at Stifel; tgt lowered to $37
- CVS Health (CVS) downgraded to Neutral from Buy at UBS; tgt lowered to $60
- Etsy (ETSY) downgraded to Sell from Hold at Loop Capital; tgt lowered to $50
- Fastly (FSLY) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $8
- Fastly (FSLY) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $8.50
- Freshworks (FRSH) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $16
- Freshworks (FRSH) downgraded to Perform from Outperform at Oppenheimer
- Hudson Technologies (HDSN) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $10
- Metagenomi (MGX) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $6
- Spire (SR) downgraded to Neutral from Buy at Mizuho; tgt lowered to $62
- Wolfspeed (WOLF) downgraded to Mkt Perform from Outperform at William Blair
- Wolfspeed (WOLF) downgraded to Hold from Buy at TD Cowen; tgt lowered to $25
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Others:
- Amplify Energy (AMPY) initiated with a Buy at The Benchmark Company; tgt $11
- AppLovin (APP) resumed with a Buy at Jefferies; tgt raised to $93
- Bancolombia S.A. (CIB) resumed with a Neutral at BofA Securities; tgt $38
- IBM (IBM) initiated with an Underperform at Exane BNP Paribas; tgt $145
- Meta Platforms (META) initiated with an Underperform at Exane BNP Paribas; tgt $360
- Netflix (NFLX) initiated with an Outperform at CICC, tgt $650
- Outbrain Inc. (OB) resumed with a Hold at Jefferies; tgt $4
- Roku (ROKU) resumed with an Underperform at Jefferies; tgt $50
- Sagimet Biosciences (SGMT) initiated with a Buy at H.C. Wainwright; tgt $32
- Spyre Therapeutics (SYRE) initiated with an Outperform at Robert W. Baird; tgt $50
- Tesla (TSLA) initiated with an Overweight at Cantor Fitzgerald; tgt $230