>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Adecoagro (AGRO) upgraded to Buy from Neutral at UBS, tgt $16.20
    • Analog Devices (ADI) upgraded to Buy from Neutral at Arete, tgt $389
    • Badger Meter (BMI) upgraded to Outperform from Neutral at Robert W. Baird, tgt $173
    • Banco Santander Chile (BSAC) upgraded to Overweight from Neutral at JPMorgan, tgt $40
    • Carnival (CCL) upgraded to Buy from Hold at HSBC, tgt $30.10
    • Celsius (CELH) upgraded to Buy from Hold at Deutsche Bank, tgt $44
    • Colgate-Palmolive (CL) upgraded to Buy from Hold at Deutsche Bank, tgt $98
    • CrowdStrike (CRWD) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $450
    • Expedia (EXPE) upgraded to Buy from Hold at Jefferies, tgt $300
    • Group 1 Automotive (GPI) upgraded to Buy from Hold at Benchmark, tgt $425
    • Insmed (INSM) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $212
    • Instacart (CART) upgraded to Buy from Hold at Jefferies, tgt $45
    • Macerich (MAC) upgraded to Outperform from Sector Perform at Scotiabank, tgt $22
    • Nokia (NOK) upgraded to Neutral from Sell at Goldman
    • Novanta (NOVT) upgraded to Outperform from Neutral at Robert W. Baird, tgt $144
    • Openlane (OPLN) upgraded to Buy from Neutral at Northcoast, tgt $34
    • Salvatore Ferragamo (SFRGY) upgraded to Outperform from Underperform at Bernstein
    • SLM (SLM) upgraded to Neutral from Sell at Compass Point, tgt $22
    • Sodexo (SDXAY) upgraded to Buy from Hold at Jefferies
    • South32 (SOUHY) upgraded to Buy from Neutral at Citigroup
  • Downgrades:
    • Boston Scientific (BSX) downgraded to Outperform from Strong Buy at Raymond James, tgt $88
    • BYD Electronic (BYDIF) downgraded to Hold from Buy at Jefferies
    • Dole (DOLE) downgraded to Hold from Buy at Deutsche Bank, tgt $15
    • Hartford (HIG) downgraded to Market Perform from Outperform at Keefe Bruyette, tgt $149
    • Nomad Foods (NOMD) downgraded to Hold from Buy at Deutsche Bank, tgt $10
    • Ovintiv (OVV) downgraded to Neutral from Buy at Citigroup, tgt $62
  • Others:
    • Alcoa (AA) initiated with an Outperform at CICC, tgt $73.20
    • CBIZ (CBZ) initiated with an Outperform at BMO Capital, tgt $33
    • Crescent Capital BDC (CCAP) initiated with a Neutral at B. Riley, tgt $13.50
    • Forestar Group (FOR) assumed with a Neutral at BTIG
    • FuboTV (FUBO) initiated with an Outperform at Citizens, tgt $13
    • Guardian Pharmacy (GRDN) initiated with a Buy at Jefferies, tgt $44
    • Liberty Formula One (FWONA) initiated with an Outperform at Citizens, tgt $100
    • Live Nation (LYV) initiated with an Outperform at Citizens, tgt $190
    • Netflix (NFLX) initiated with a Market Perform at Citizens
    • Opus Genetics (IRD) initiated with an Overweight at Cantor Fitzgerald, tgt $15
    • ProPetro Holding (PUMP) initiated with a Buy at BofA Securities, tgt $18
    • Qualcomm (QCOM) initiated with a Neutral at Goldman, tgt $135
    • Sanmina (SANM) initiated with a Neutral at JPMorgan, tgt $145
    • Seagate (STX) initiated with an Overweight at JPMorgan, tgt $525
    • Sphere Entertainment (SPHR) initiated with an Outperform at Citizens, tgt $150
    • Starbucks (SBUX) initiated with an Underperform at BNP Paribas, tgt $84
    • Sweetgreen (SG) initiated with an Underperform at BNP Paribas, tgt $4.50
    • Sylvamo (SLVM) initiated with a Buy at Truist, tgt $54
    • TKO Group (TKO) initiated with an Outperform at Citizens, tgt $240
    • TSS, Inc. (TSSI) initiated with a Buy at Needham, tgt $16
    • Vor Bio (VOR) initiated with a Buy at Jefferies, tgt $50
    • Voyager Technologies (VOYG) initiated with a Buy at Citigroup, tgt $36
    • Waystar (WAY) initiated with an Equal Weight at Morgan Stanley, tgt $28