>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Cboe Global Markets (CBOE) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $195
    • Celanese (CE) upgraded to Neutral from Underweight at JP Morgan; tgt lowered to $130
    • Diamondrock Hospitality (DRH) upgraded to Buy from Neutral at Compass Point; tgt $10
    • EPR Properties (EPR) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $50
    • Essent Group (ESNT) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $70
    • First Business Financial (FBIZ) upgraded to Buy from Neutral at DA Davidson; tgt raised to $50
    • Five9 (FIVN) upgraded to Buy from Underperform at BofA Securities; tgt $63
    • Gulfport Energy (GPOR) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $160
    • Kellanova (K) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $74
    • Lockheed Martin (LMT) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $600
    • Prosperity Bancshares (PB) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $86
    • Renasant (RNST) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $40
    • Robinhood Markets (HOOD) upgraded to Neutral from Sell at Citigroup; tgt $18
    • Valley National (VLY) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $9.50
  • Downgrades:
    • Academy Sports + Outdoors (ASO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $53
    • Albemarle (ALB) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $85
    • CACI Intl (CACI) downgraded to Mkt Perform from Outperform at Raymond James
    • Cullen/Frost (CFR) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt raised to $121
    • Extra Space Storage (EXR) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $155
    • KB Home (KBH) downgraded to Sell from Neutral at Seaport Research Partners; tgt $65
    • Lennar (LEN) downgraded to Neutral from Buy at Seaport Research Partners
    • LGI Homes (LGIH) downgraded to Sell from Neutral at Seaport Research Partners; tgt $85
    • Lloyds Banking (LYG) downgraded to Neutral from Buy at Citigroup
    • Meritage (MTH) downgraded to Sell from Neutral at Seaport Research Partners; tgt $153
    • Middlesex Water (MSEX) downgraded to Neutral from Outperform at Robert W. Baird; tgt $58
    • Mobileye Global (MBLY) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $17
    • Moderna (MRNA) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $90
    • Prologis (PLD) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $127
    • Public Storage (PSA) downgraded to Neutral from Buy at BofA Securities; tgt $318
    • PulteGroup (PHM) downgraded to Neutral from Buy at Seaport Research Partners
    • RLJ Lodging Trust (RLJ) downgraded to Neutral from Buy at Compass Point; tgt lowered to $10
    • TELUS International (TIXT) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $4
    • Toll Brothers (TOL) downgraded to Sell from Neutral at Seaport Research Partners; tgt $108
    • Vertex Pharma (VRTX) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $509
    • Webster Financial (WBS) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $57
  • Others:
    • MKS Instruments (MKSI) initiated with an Overweight at Morgan Stanley; tgt $155
    • Praxis Precision Medicines (PRAX) initiated with an Outperform at Oppenheimer; tgt $134