>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Accenture (ACN) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $425
    • Aon (AON) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $420
    • Arthur J. Gallagher (AJG) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $315
    • Autodesk (ADSK) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $357
    • BJ Restaurants (BJRI) upgraded to Hold from Underperform at Gordon Haskett; tgt $36
    • Canadian Pacific Kansas City Ltd. (CP) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $86
    • Cardinal Health (CAH) upgraded to Buy from Hold at TD Cowen; tgt raised to $144
    • Carvana (CVNA) upgraded to Buy from Neutral at Citigroup; tgt raised to $277
    • Coca-Cola (KO) upgraded to Buy from Hold at TD Cowen; tgt $75
    • Corpay (CPAY) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $420
    • Ferguson plc (FERG) upgraded to Buy from Underperform at BofA Securities; tgt raised to $225
    • Floor & Decor (FND) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $91
    • GE HealthCare (GEHC) upgraded to Buy from Hold at Jefferies; tgt raised to $103
    • Globe Life (GL) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $143
    • Hannon Armstrong Sust. Infr. (HASI) upgraded to Buy from Neutral at Citigroup; tgt $36
    • Health Catalyst (HCAT) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $9
    • L3Harris (LHX) upgraded to Outperform from Mkt Perform at Bernstein; tgt lowered to $267
    • Martin Marietta (MLM) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $563
    • McCormick (MKC) upgraded to Buy from Hold at TD Cowen; tgt raised to $90
    • Mohawk (MHK) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $150
  • Downgrades:
    • Adobe (ADBE) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $475
    • Advanced Micro Devices (AMD) downgraded to Reduce from Buy at HSBC Securities; tgt $110
    • American Intl (AIG) downgraded to Neutral from Buy at Goldman; tgt lowered to $79
    • Aris Water Solutions (ARIS) downgraded to Neutral from Buy at Citigroup; tgt raised to $26
    • Danone (DANOY) downgraded to Underperform from Hold at Jefferies
    • Dayforce (DAY) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $80
    • Federated Hermes (FHI) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $43
    • Ferguson plc (FERG) downgraded to Neutral from Buy at UBS; tgt lowered to $193
    • Fidelis Insurance Holdings Limited (FIHL) downgraded to Sell from Neutral at Goldman; tgt lowered to $16
    • Intercontinental Hotels Group (IHG) downgraded to Underweight from Equal-Weight at Morgan Stanley
    • JELD-WEN (JELD) downgraded to Neutral from Buy at UBS; tgt lowered to $9
    • Kimberly-Clark (KMB) downgraded to Hold from Buy at TD Cowen; tgt $145
    • Lennar (LEN) downgraded to Peer Perform from Outperform at Wolfe Research
    • WK Kellogg Co (KLG) downgraded to Sell from Hold at TD Cowen; tgt $16
  • Others:
    • Altimmune (ALT) initiated with a Buy at Stifel; tgt $18
    • Axon (AXON) initiated with a Buy at TD Cowen; tgt $700
    • Beacon Roofing Supply (BECN) resumed with a Buy at Stifel; tgt $115
    • Builders FirstSource (BLDR) resumed with a Buy at Stifel; tgt $175
    • Context Therapeutics (CNTX) initiated with a Mkt Outperform at JMP Securities; tgt $4
    • Gambling.com Group Ltd. (GAMB) initiated with a Buy at The Benchmark Company; tgt $16
    • Levi Strauss (LEVI) initiated with an Overweight at Barclays; tgt $24
    • Lithia Motors (LAD) initiated with a Buy at The Benchmark Company; tgt $400
    • Structure Therapeutics (GPCR) initiated with a Buy at Stifel; tgt $50