>>> US Research Calls I

Research Calls I
  • Upgrades
    • Ameren (AEE) upgraded to Neutral from Sell at Goldman, tgt $100
    • Duke Energy (DUK) upgraded to Buy from Neutral at Goldman, tgt $132
    • Kraft Heinz (KHC) upgraded to Neutral from Sell at Goldman, tgt $27
    • Metalla Royalty (MTA) upgraded to Outperform from Market Perform at BMO Capital
    • Metals Company (TMC) upgraded to Outperform from Neutral at Wedbush, tgt $11
    • Stellantis (STLA) upgraded to Buy from Hold at Jefferies, tgt $13.20
    • Yum! Brands (YUM) upgraded to Overweight from Neutral at JPMorgan, tgt $162
  • Downgrades
    • Graphic Packaging (GPK) downgraded to Neutral from Outperform at BNP Paribas Exane
    • Honda (HMC) downgraded to Neutral from Outperform at Macquarie
    • Interpublic Group (IPG) downgraded to Equal Weight from Overweight at Barclays, tgt $27.50
    • NuScale Power (SMR) downgraded to Neutral from Buy at BTIG Research
    • Omnicom (OMC) downgraded to Equal Weight from Overweight at Barclays, tgt $80
    • ProFrac Holding (ACDC) downgraded to Underperform from Neutral at BofA Securities, tgt $6.50
    • Triple Flag (TFPM) downgraded to Market Perform from Outperform at BMO Capital
    • WEC Energy (WEC) downgraded to Sell from Neutral at Goldman, tgt $100
    • WPP (WPP) downgraded to Underweight from Equal Weight at Barclays
  • Others
    • ArriVent Biopharma (AVBP) initiated with a Buy at Clear Street, tgt $32
    • Autoliv (ALV) initiated with an Outperform at RBC Capital, tgt $133
    • BioXcel Therapeutics (BTAI) initiated with a Buy at Lucid Capital, tgt $66
    • Crescent Biopharma (CBIO) initiated with a Buy at Stifel, tgt $28
    • Circle (CRCL) initiated with a Hold at US Tiger, tgt $200
    • CoreWeave (CRWV) initiated with a Neutral at H.C. Wainwright
    • Duolingo (DUOL) initiated with a Buy at Argus, tgt $575
    • Flutter Entertainment (FLUT) initiated with a Buy at Canaccord, tgt $330
    • Nextdoor (KIND) initiated with a Neutral at B. Riley Securities, tgt $2
    • O-I Glass (OI) initiated with an Outperform at BNP Paribas Exane, tgt $18
    • Real Brokerage (REAX) initiated with a Buy at B. Riley Securities, tgt $7
    • ServiceNow (NOW) initiated with a Buy at DA Davidson, tgt $1,150
    • Symbotic (SYM) initiated with a Buy at Arete, tgt $50
    • Waystar (WAY) initiated with a Buy at Citigroup, tgt $45