>>> US Research Calls I

Research Calls I
  • Upgrades:
    • BBB Foods (TBBB) upgraded to Hold from Reduce at HSBC Securities; tgt $31
    • Bilibili (BILI) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $19
    • BJ's Wholesale (BJ) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $92
    • Gaming and Leisure Properties (GLPI) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $57
    • Hawaiian Electric (HE) upgraded to Equal Weight from Underweight at Wells Fargo; tgt $14
    • Lyft (LYFT) upgraded to Neutral from Reduce at Nomura
    • Roku (ROKU) upgraded to Buy from Neutral at Guggenheim; tgt $75
    • Snowflake (SNOW) upgraded to Hold from Reduce at HSBC Securities; tgt raised to $121
    • Warby Parker (WRBY) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $20
    • Westlake Corporation (WLK) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $174
  • Downgrades:
    • Bill.com (BILL) downgraded to Neutral from Buy at Goldman; tgt lowered to $54
    • iQIYI (IQ) downgraded to Hold from Buy at The Benchmark Company
    • KORE Group (KORE) downgraded to Hold from Buy at TD Cowen; tgt $2
    • Las Vegas Sands (LVS) downgraded to Neutral from Buy at UBS; tgt lowered to $49
    • Peloton (PTON) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $5
    • Topgolf Callaway Brands (MODG) downgraded to Underperform from Outperform at Raymond James
  • Others:
    • Autodesk (ADSK) resumed with an Overweight at Morgan Stanley; tgt $305
    • Chewy (CHWY) resumed with an Overweight at Piper Sandler; tgt $35
    • Crocs (CROX) resumed with an Overweight at Piper Sandler; tgt $170
    • Deckers Outdoor (DECK) resumed with a Neutral at Piper Sandler; tgt $1000
    • EQT Corp. (EQT) resumed with a Neutral at Citigroup; tgt $37
    • Etsy (ETSY) resumed with a Neutral at Piper Sandler; tgt $56
    • Foot Locker (FL) resumed with a Neutral at Piper Sandler; tgt $30
    • lululemon athletica (LULU) resumed with a Neutral at Piper Sandler; tgt $250
    • NIKE (NKE) resumed with a Neutral at Piper Sandler; tgt $80
    • On (ONON) resumed with an Overweight at Piper Sandler; tgt $52
    • Revolve Group (RVLV) resumed with an Overweight at Piper Sandler; tgt $30
    • Smurfit Westrock plc (SW) initiated with a Buy at Redburn Atlantic; tgt $60
    • Steven Madden (SHOO) resumed with a Neutral at Piper Sandler; tgt $45
    • Varex Imaging (VREX) initiated with a Buy at B. Riley Securities; tgt $21
    • Warby Parker (WRBY) resumed with an Overweight at Piper Sandler; tgt $18
    • Wolverine (WWW) resumed with an Overweight at Piper Sandler; tgt $18