>>> US Research Calls I

Research Calls I
  • Upgrades
    • Applied Materials (AMAT) upgraded to Buy from Neutral at UBS, tgt $285
    • AvalonBay Communities (AVB) upgraded to Overweight from Equal Weight at Barclays, tgt $216
    • Brinker International (EAT) upgraded to Buy from Neutral at Citigroup, tgt $176
    • Cummins (CMI) upgraded to Neutral from Sell at UBS, tgt $500
    • GlaxoSmithKline (GSK) upgraded to Neutral from Underperform at BofA Securities
    • IMAX (IMAX) upgraded to Neutral from Sell at Goldman, tgt $34
    • Inspire Medical Systems (INSP) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $180
    • L'Oreal (LRLCY) upgraded to Buy from Neutral at Rothschild & Co Redburn
    • Mesoblast (MESO) upgraded to Buy from Hold at Jefferies
    • Novartis (NVS) upgraded to Buy from Neutral at BofA Securities
    • Oxford Industries (OXM) upgraded to Neutral from Sell at Citigroup, tgt $35
    • Semtech (SMTC) upgraded to Buy from Hold at Summit Insights
    • Symbotic (SYM) upgraded to Buy from Hold at Craig-Hallum, tgt $70
  • Downgrades
    • Camden Property Trust (CPT) downgraded to Equal Weight from Overweight at Barclays, tgt $118
    • EHang Holdings (EH) downgraded to Neutral from Overweight at JPMorgan, tgt $13
    • Estee Lauder (EL) downgraded to Sell from Neutral at Rothschild & Co Redburn, tgt $70
    • Green Dot (GDOT) downgraded to Market Perform from Outperform at Northland, tgt $14.25
    • Royal Bank of Canada (RY) downgraded to Hold from Buy at Jefferies
    • TD Bank (TD) downgraded to Hold from Buy at Jefferies
    • Waldencast (WALD) downgraded to Market Perform from Outperform at Telsey Advisory Group, tgt $3
  • Others
    • Arch Capital (ACGL) resumed with an Outperform at RBC Capital, tgt $108
    • Achieve Life Sciences (ACHV) initiated at Market Outperform at Citizens JMP, tgt $19
    • AIG (AIG) resumed with a Sector Perform at RBC Capital, tgt $85
    • ArriVent Biopharma (AVBP) initiated with a Buy at Truist, tgt $43
    • AXIS Capital (AXS) initiated with an Outperform at RBC Capital, tgt $125
    • Bank of Montreal (BMO) initiated with a Market Perform at Raymond James
    • Bank of Nova Scotia (BNS) initiated with an Outperform at Raymond James
    • Bowhead Specialty (BOW) resumed with an Outperform at RBC Capital, tgt $33
    • CDW (CDW) upgraded to Strong Buy from Outperform at Raymond James, tgt $185
    • Canadian Imperial Bank of Commerce (CM) initiated with a Market Perform at Raymond James
    • Coty (COTY) initiated with a Neutral at Rothschild & Co Redburn, tgt $3.60
    • DexCom (DXCM) initiated with an In Line at Evercore ISI, tgt $68
    • Engie SA (ENGIY) initiated with an Outperform at RBC Capital
    • Ermenegildo Zegna (ZGN) initiated with an Outperform at Bernstein, tgt $13
    • Esperion Therapeutics (ESPR) initiated with an Overweight at Piper Sandler, tgt $9
    • Forte Biosciences (FBRX) initiated with an Outperform at Evercore ISI, tgt $65
    • Harley-Davidson (HOG) initiated with a Hold at Loop Capital, tgt $21
    • Hartford Financial (HIG) resumed with a Sector Perform at RBC Capital, tgt $145
    • Hesai Group (HSAI) initiated with an Outperform at CICC, tgt $23.50
    • Jade Biosciences (JBIO) initiated with a Buy at Clear Street, tgt $25
    • Jumia Technologies (JMIA) initiated with a Buy at Benchmark, tgt $18
    • Kinsale Capital (KNSL) resumed with a Sector Perform at RBC Capital, tgt $415
    • Loar Holdings (LOAR) initiated with a Buy at Goldman, tgt $91
    • Live Nation Entertainment (LYV) initiated with a Buy at UBS, tgt $164
    • Marsh & McLennan (MMC) resumed with a Sector Perform at RBC Capital, tgt $200
    • Miniso (MNSO) resumed with a Buy at Deutsche Bank, tgt $23
    • Mirion Technologies (MIR) initiated with an Outperform at Evercore ISI, tgt $29
    • Opus Genetics (IRD) initiated with an Overweight at Piper Sandler, tgt $7
    • Pelthos Therapeutics (PTHS) initiated with a Buy at Roth Capital, tgt $57
    • Rhythm Pharmaceuticals (RYTM) initiated with a Buy at Citigroup, tgt $136
    • Selective Insurance (SIGI) resumed with an Outperform at RBC Capital, tgt $95
    • ServiceNow (NOW) initiated with a Neutral at Macquarie, tgt $860
    • STMicroelectronics (STM) initiated with a Neutral at Mizuho, tgt $22
    • The Hanover Insurance Group (THG) initiated with a Sector Perform at RBC Capital, tgt $200
    • TWFG Insurance (TWFG) resumed with an Outperform at RBC Capital, tgt $33
    • Vistra Energy (VST) initiated with an Overweight at KeyBanc, tgt $217
    • Waste Management (WM) initiated with a Buy at DZ Bank, tgt $250