>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Bain Capital Specialty Finance (BCSF) upgraded to Outperform at Keefe Bruyette, tgt $16
    • Cummins (CMI) upgraded to Overweight from Equal Weight at Barclays, tgt $546
    • Generac (GNRC) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $195
    • PACCAR (PCAR) upgraded to Overweight from Neutral at JPMorgan, tgt $133
    • ServisFirst Bancshares (SFBS) upgraded to Outperform from Market Perform at Hovde Group, tgt $89
    • Stryker (SYK) upgraded to Outperform from Market Perform at Citizens, tgt $440
    • ZIM Integrated Shipping (ZIM) upgraded to Hold from Sell at Fearnley, tgt $20
  • Downgrades:
    • AECOM (ACM) downgraded to Equal Weight from Overweight at Barclays, tgt $100
    • AGCO Corporation (AGCO) downgraded to Underweight from Equal Weight at Barclays, tgt $93
    • Air Products & Chemicals (APD) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $250
    • Allegiant Travel (ALGT) downgraded to Outperform from Strong Buy at Raymond James, tgt $98
    • Birkenstock Holding plc (BIRK) downgraded to Hold from Buy at Williams Trading, tgt $51
    • Celanese (CE) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $45
    • Eagle Materials (EXP) downgraded to Hold from Buy at Truist, tgt $210
    • Eastman Chemical (EMN) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $70
    • Elevance Health (ELV) downgraded to Hold from Buy at Deutsche Bank, tgt $320
    • LinkBancorp (LNKB) downgraded to Market Perform from Outperform at Hovde Group, tgt $9.25
    • Lockheed Martin (LMT) downgraded to Neutral from Overweight at JPMorgan, tgt $515
    • LyondellBasell (LYB) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $45
    • Lyft (LYFT) downgraded to Underperform from Neutral at Wedbush, tgt $16
  • Others:
    • AeroVironment (AVAV) initiated with an Overweight at KeyBanc, tgt $285
    • Arthur J. Gallagher (AJG) initiated with an Overweight at Morgan Stanley, tgt $300
    • Bristow Group (VTOL) initiated with a Buy at Texas Capital, tgt $52
    • Capital Clean Energy Carriers (CCEC) initiated with a Buy at BTIG Research, tgt $25
    • Century Aluminum (CENX) initiated with a Buy at Texas Capital, tgt $42
    • Circle Internet Group (CRCL) initiated with a Neutral at H.C. Wainwright, tgt $85
    • CoreWeave (CRWV) resumed with a Buy at Citigroup, tgt $135
    • Dnow (DNOW) initiated with a Buy at Texas Capital, tgt $19
    • Energy Fuels (UUUU) initiated with a Buy at Texas Capital
    • enCore Energy (EU) initiated with a Buy at Texas Capital
    • Firefly Aerospace (FLY) initiated with a Sector Weight at KeyBanc
    • Insmed (INSM) assumed with a Buy at Truist, tgt $202
    • Intuitive Machines (LUNR) initiated with an Overweight at KeyBanc, tgt $20
    • Karman Holdings (KRMN) initiated with an Overweight at KeyBanc, tgt $80
    • Kratos Defense & Security (KTOS) initiated with an Overweight at KeyBanc, tgt $90
    • LivaNova (LIVN) initiated with an Overweight at KeyBanc, tgt $81
    • Oculis Holding AG (OCS) initiated with an Overweight at JPMorgan, tgt $38
    • Parsons (PSN) initiated with an Overweight at Barclays, tgt $70
    • PennyMac Financial (PFSI) initiated with a Buy at Jefferies, tgt $160
    • Redwire (RDW) initiated with a Sector Weight at KeyBanc
    • Rocket Companies (RKT) initiated with a Buy at Jefferies, tgt $25
    • SAB Biotherapeutics (SABS) initiated with a Buy at Guggenheim, tgt $15
    • Septerna (SEPN) initiated with a Strong Buy at Raymond James, tgt $38
    • Synaptics (SYNA) initiated with an Overweight at Wells Fargo, tgt $95
    • Terrestrial Energy (IMSR) initiated with an Overweight at Cantor Fitzgerald, tgt $12
    • UR-Energy (URG) initiated with a Buy at Texas Capital
    • UWM Holdings (UWMC) initiated with a Hold at Jefferies, tgt $5
    • Walker & Dunlop (WD) initiated with a Buy at Jefferies, tgt $75