>>> US Research Calls I

Research Calls I
  • Upgrades:
    • ACNB Corporation (ACNB) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $50
    • Anheuser-Busch InBev (BUD) upgraded to Buy from Hold at Deutsche Bank
    • BeiGene (ONC) upgraded to Buy from Neutral at BofA Securities; tgt raised to $320
    • Bowhead Specialty Holdings (BOW) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $44
    • Charles River (CRL) upgraded to Neutral from Sell at Redburn Atlantic; tgt $188
    • Check Point Software (CHKP) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $260
    • Chipotle Mexican Grill (CMG) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $70
    • Diageo plc (DEO) upgraded to Hold from Sell at Deutsche Bank
    • Gray Media (GTN) upgraded to Equal Weight from Underweight at Wells Fargo; tgt $4
    • Kinder Morgan (KMI) upgraded to Overweight from Equal Weight at Barclays; tgt $31
    • KT (Korean Telco) (KT) upgraded to Buy from Neutral at Goldman
    • Melco Resorts & Entertainment (MLCO) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt lowered to $6.70
    • Middlesex Water (MSEX) upgraded to Outperform from Neutral at Robert W. Baird; tgt $61
    • Mosaic (MOS) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $29
    • Mytheresa (MYTE) upgraded to Buy from Hold at TD Cowen; tgt raised to $14
    • Telefonica Brasil (VIV) upgraded to Overweight from Equal Weight at Barclays; tgt $11.50
    • Thor Industries (THO) upgraded to Buy from Neutral at BofA Securities; tgt raised to $125
    • UWM Holdings (UWMC) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $7.50
  • Downgrades:
    • AGCO Corp (AGCO) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $100
    • Braskem SA (BAK) downgraded to Sector Perform from Sector Outperform at Scotiabank
    • CNH Industrial (CNH) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $15
    • Deere (DE) downgraded to Neutral from Outperform at Robert W. Baird; tgt $501
    • Dollar General (DG) downgraded to Hold from Buy at Deutsche Bank; tgt $80
    • Fox Corporation (FOXA) downgraded to Neutral from Buy at Arete
    • FTAI Aviation Ltd. (FTAI) downgraded to Hold from Buy at Stifel; tgt raised to $123
    • Kimbell Royalty Partners (KRP) downgraded to Mkt Perform from Strong Buy at Raymond James
    • Novo Nordisk A/S (NVO) downgraded to Hold from Buy at Stifel
    • Sempra Energy (SRE) downgraded to Hold from Buy at Jefferies; tgt lowered to $77
    • SK Telecom (SKM) downgraded to Neutral from Buy at Goldman
    • Southwest Air (LUV) downgraded to Underweight from Neutral at JP Morgan; tgt $25
    • Tandem Diabetes Care (TNDM) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $22
    • Zai Lab (ZLAB) downgraded to Neutral from Buy at BofA Securities; tgt raised to $36.10
  • Others:
    • Amplitude (AMPL) initiated with a Buy at Needham; tgt $16
    • Aurora Innovation (AUR) initiated with an Overweight at Morgan Stanley; tgt $12
    • DoubleVerify (DV) downgraded to Neutral from Buy at Cannonball Research
    • Enphase Energy (ENPH) initiated with a Neutral at Redburn Atlantic
    • First Solar (FSLR) initiated with a Neutral at Redburn Atlantic
    • Immunovant Sciences (IMVT) initiated with a Hold at Jefferies; tgt $20
    • Sandisk (SNDK) initiated with an Overweight at Morgan Stanley; tgt $84
    • TuHURA Biosciences (HURA) initiated with a Buy at H.C. Wainwright; tgt $13