>>> US Research Calls I

Research Calls I
  • Upgrades
    • Bloom Energy (BE) upgraded to Overweight from Neutral at JPMorgan, tgt $33
    • BridgeBio (BBIO) upgraded to Outperform from Perform at Oppenheimer, tgt $60
    • Brown-Forman (BF.B) upgraded to Neutral from Sell at Rothschild & Co Redburn, tgt $30
    • Caterpillar (CAT) upgraded to Buy from Hold at Melius Research, tgt $500
    • Charles River (CRL) upgraded to Buy from Neutral at Citigroup, tgt $200
    • Citizens Financial Group (CFG) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $57
    • Doximity (DOCS) upgraded to Outperform from In Line at Evercore ISI, tgt $70
    • Fox Corp. (FOXA) upgraded to Peer Perform from Underperform at Wolfe Research
    • Haemonetics (HAE) upgraded to Buy from Neutral at Citigroup, tgt $90
    • Hologic (HOLX) upgraded to Buy from Neutral at Citigroup, tgt $80
    • J.M. Smucker (SJM) upgraded to Outperform from Underperform at BNP Paribas Exane, tgt $120
    • JPMorgan Chase (JPM) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $327
    • Microsoft (MSFT) upgraded to Outperform from Perform at Oppenheimer, tgt $600
    • Morgan Stanley (MS) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $160
    • PNC (PNC) upgraded to Mkt Perform from Underperform at Keefe Bruyette; tgt $212
    • Sunrun (RUN) upgraded to Hold from Underperform at Jefferies, tgt $11
    • The Hanover (THG) upgraded to Outperform from Market Perform at Keefe Bruyette, tgt $188
    • Warner Music (WMG) upgraded to Neutral from Underperform at BofA Securities, tgt $33
  • Downgrades
    • Arch Capital (ACGL) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $101
    • Ball Corp. (BALL) downgraded to Neutral from Buy at BofA Securities, tgt $66
    • Enphase Energy (ENPH) downgraded to Sell from Buy at Goldman, tgt $32
    • EOG Resources (EOG) downgraded to Neutral from Buy at Roth Capital, tgt $134
    • Freeport-McMoRan (FCX) downgraded to Neutral from Buy at BofA Securities, tgt $56
    • Greif (GEF) downgraded to Neutral from Buy at BofA Securities, tgt $77
    • Illumina (ILMN) downgraded to Sell from Neutral at Citigroup, tgt $80
    • LPL Financial (LPLA) downgraded to Hold from Buy at TD Cowen, tgt $403
    • Monster Beverage (MNST) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $60
    • Norfolk Southern (NSC) downgraded to Neutral from Buy at Citigroup, tgt $288
    • O-I Glass (OI) downgraded to Neutral from Buy at BofA Securities, tgt $17
    • PVH Corp. (PVH) downgraded to Hold from Buy at TD Cowen, tgt $74
    • RenaissanceRe (RNR) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $268
    • RxSight (RXST) downgraded to Neutral from Buy at BTIG
    • RxSight (RXST) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $9
    • Silgan Holdings (SLGN) downgraded to Neutral from Buy at BofA Securities, tgt $59
    • SolarEdge (SEDG) downgraded to Neutral from Buy at Goldman, tgt $27
    • Tandem Diabetes (TNDM) downgraded to Sell from Neutral at Citigroup, tgt $14
    • Thermo Fisher (TMO) downgraded to Neutral from Buy at UBS, tgt $460
    • Truist (TFC) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $48
    • T-Mobile (TMUS) downgraded to Underweight from Sector Weight at KeyBanc, tgt $200
    • Wynn Resorts (WYNN) downgraded to Neutral from Buy at Citigroup, tgt $114
    • XPO (XPO) downgraded to Neutral from Buy at Citigroup, tgt $140
  • Others
    • Alamos Gold (AGI) initiated with a Buy at Stifel
    • Altria (MO) assumed with an Underperform at Jefferies, tgt $50
    • BBB Foods (TBBB) initiated with a Neutral at Goldman, tgt $29
    • Bio-Techne (TECH) initiated with a Buy at TD Cowen, tgt $65
    • British American Tobacco (BTI) assumed with a Buy at Jefferies
    • Cartesian Therapeutics (RNAC) initiated with an Outperform at Wedbush, tgt $38
    • C3 AI (AI) initiated with a Buy at WestPark Capital, tgt $40
    • Ero Copper (ERO) downgraded to Sector Perform from Outperform at National Bank
    • Ero Copper (ERO) initiated with a Buy at Stifel
    • FVCBankcorp (FVCB) assumed with an Overweight at Piper Sandler, tgt $16
    • GeneDx (WGS) initiated with an Overweight at Piper Sandler, tgt $110
    • Genius Sports (GENI) initiated with a Buy at Arete, tgt $15
    • Inovio (INO) initiated with an Overweight at Piper Sandler, tgt $5
    • Instacart (CART) initiated with a Neutral at Edgewater Research
    • Kinetik Holdings (KNTK) initiated with a Buy at Clear Street, tgt $60
    • LiveRamp (RAMP) initiated with a Buy at DA Davidson, tgt $45
    • MongoDB (MDB) initiated with an Outperform at Wolfe Research, tgt $280
    • Newmont (NEM) initiated with a Buy at Stifel, tgt $73
    • Philip Morris (PM) assumed with a Buy at Jefferies, tgt $220
    • Redwire (RDW) initiated with a Buy at Canaccord, tgt $20
    • Sportradar (SRAD) initiated with a Neutral at Arete, tgt $31
    • Super Micro (SMCI) resumed with an Underperform at BofA Securities, tgt $35
    • Teck Resources (TECK) initiated with a Hold at Stifel
    • Wingstop (WING) initiated with an Outperform at William Blair