>>> US Research Calls I

Research Calls I
  • Upgrades
    • Alkermes (ALKS) upgraded to Outperform from Sector Perform at RBC Capital, tgt $44
    • Ciena (CIEN) upgraded to Buy from Neutral at Rosenblatt, tgt $175
    • H.B. Fuller (FUL) upgraded to Buy from Neutral at Seaport Research Partners, tgt $80
    • InterContinental Hotels Group (IHG) upgraded to Overweight from Underweight at JPMorgan
    • Ionis Pharmaceuticals (IONS) upgraded to Neutral from Sell at Goldman, tgt $65
    • Kenvue (KVUE) upgraded to Buy from Neutral at Rothschild & Co Redburn, tgt $22
    • Macerich (MAC) upgraded to Buy from Neutral at BofA Securities, tgt $23
    • One Gas (OGS) upgraded to Outperform from Neutral at Mizuho, tgt $86
    • Rapt Therapeutics (RAPT) upgraded to Outperform from Market Perform at Leerink, tgt $37
    • Riot Platforms (RIOT) upgraded to Overweight from Neutral at JPMorgan, tgt $19
  • Downgrades
    • Apellis Pharmaceuticals (APLS) downgraded to Sell from Neutral at Goldman, tgt $18
    • Braskem (BAK) downgraded to Neutral from Buy at UBS, tgt $3.80
    • CarMax (KMX) downgraded to In Line from Outperform at Evercore ISI, tgt $52
    • CarMax (KMX) downgraded to Perform from Outperform at Oppenheimer
    • Civitas Resources (CIVI) downgraded to Equal Weight from Overweight at Morgan Stanley, tgt $40
    • CleanSpark (CLSK) downgraded to Neutral from Overweight at JPMorgan, tgt $14
    • EOG Resources (EOG) downgraded to Sector Perform from Outperform at Scotiabank, tgt $130
    • First Merchants (FRME) downgraded to Market Perform from Outperform at Raymond James
    • IREN (IREN) downgraded to Underweight from Neutral at JPMorgan, tgt $24
    • Warner Bros. Discovery (WBD) downgraded to Sector Weight from Overweight at KeyBanc
  • Others
    • CRH (CRH) reinstated with a Buy at BofA Securities, tgt $128
    • First Horizon (FHN) initiated with a Neutral at DA Davidson, tgt $24
    • Kyndryl Holdings (KD) initiated with an Equal Weight at Morgan Stanley, tgt $30
    • Materion (MTRN) initiated with a Buy at Freedom Broker, tgt $136
    • Methanex (MEOH) initiated with an Outperform at National Bank, tgt $47
    • Mirion (MIR) initiated with an Overweight at JPMorgan, tgt $28
    • Paycom (PAYC) initiated with a Buy at Guggenheim, tgt $270
    • Paylocity (PCTY) initiated with a Neutral at Guggenheim
    • Rollins (ROL) initiated with an Overweight at JPMorgan, tgt $70
    • Spyre Therapeutics (SYRE) initiated with a Buy at Deutsche Bank, tgt $43
    • United Therapeutics (UTHR) initiated with an Outperform at RBC Capital, tgt $569
    • Valmont (VMI) initiated with an Overweight at JPMorgan, tgt $480