Research Calls I
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Upgrades:
- Adecoagro (AGRO) upgraded to Equal Weight from Underweight at Morgan Stanley, tgt $13
- Align Technology (ALGN) upgraded to Overweight from Equal Weight at Barclays, tgt $200
- Alpine Income Property (PINE) upgraded to Strong Buy from Outperform at Raymond James, tgt $22
- Canadian Solar (CSIQ) upgraded to Neutral from Underperform at Mizuho, tgt $19
- Dover (DOV) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $230
- Essential Properties Realty Trust (EPRT) upgraded to Strong Buy from Outperform at Raymond James, tgt $37
- Ichor Holdings (ICHR) upgraded to Buy from Hold at Stifel, tgt $55
- LatAm Airlines Group (LTM) upgraded to Buy from Neutral at Citigroup, tgt $58
- Lemonade (LMND) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $85
- MSCI (MSCI) upgraded to Strong Buy from Outperform at Raymond James, tgt $710
- Neste (NTOIY) upgraded to Overweight from Equal Weight at Barclays
- Tandem Diabetes Care (TNDM) upgraded to Overweight from Neutral at Piper Sandler, tgt $33
- Target Hospitality (TH) upgraded to Outperform from Perform at Oppenheimer, tgt $11
- W. P. Carey (WPC) upgraded to Outperform from Market Perform at Raymond James, tgt $76
- Adecoagro (AGRO) upgraded to Equal Weight from Underweight at Morgan Stanley, tgt $13
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Downgrades:
- CONMED (CNMD) downgraded to Neutral from Overweight at Piper Sandler, tgt $39
- DraftKings (DKNG) downgraded to Hold from Buy at Argus
- Eli Lilly (LLY) downgraded to Reduce from Hold at HSBC, tgt $850
- EPR Properties (EPR) downgraded to Outperform from Strong Buy at Raymond James, tgt $60
- Li Auto (LI) downgraded to Neutral from Buy at Goldman, tgt $19
- MarketAxess (MKTX) downgraded to Hold from Buy at Argus
- National Retail Properties (NNN) downgraded to Market Perform from Outperform at Raymond James
- Netstreit (NTST) downgraded to Outperform from Strong Buy at Raymond James, tgt $22
- PlayStudios (MYPS) downgraded to Hold from Speculative Buy at Benchmark
- Sony (SONY) downgraded to Market Perform from Outperform at Bernstein, tgt $22
- CONMED (CNMD) downgraded to Neutral from Overweight at Piper Sandler, tgt $39
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Others:
- Arthur J. Gallagher (AJG) resumed with an Outperform at RBC Capital, tgt $260
- Ingredion (INGR) initiated with a Buy at Benchmark, tgt $130
- Navan (NAVN) initiated with an Outperform at BMO Capital, tgt $13
- Nektar Therapeutics (NKTR) initiated with a Buy at TD Cowen
- PTC (PTC) reinstated with an Overweight at Barclays, tgt $180
- QuinStreet (QNST) initiated with an Outperform at Northland, tgt $17
- Tenax Therapeutics (TENX) initiated with an Overweight at Cantor Fitzgerald, tgt $35
- TIC Solutions (TIC) initiated with a Buy at Roth Capital, tgt $10
- Arthur J. Gallagher (AJG) resumed with an Outperform at RBC Capital, tgt $260