>>> US Research Calls I

Research Calls I
  • Upgrades
    • Aon (AON) upgraded to Overweight from Neutral at Piper Sandler, tgt $378
    • Armour Residential REIT (ARR) upgraded to Buy from Neutral at Janney
    • Boeing (BA) upgraded to Outperform from Market Perform at Bernstein, tgt $218
    • Cognex (CGNX) upgraded to Buy from Hold at TD Cowen, tgt $35
    • Evergy (EVRG) upgraded to Buy from Neutral at UBS, tgt $78
    • Jack in the Box (JACK) upgraded to Buy from Hold at Stifel, tgt $32
    • On Holding (ONON) upgraded to Buy from Neutral at Citigroup, tgt $60
    • Peloton (PTON) upgraded to Buy from Hold at Truist, tgt $11
    • Progressive (PGR) upgraded to Buy from Neutral at BofA Securities, tgt $312
    • Rithm Capital (RITM) upgraded to Overweight from Neutral at Piper Sandler, tgt $14
    • TRI Pointe (TPH) upgraded to Outperform from Neutral at Wedbush, tgt $43
    • Valero (VLO) upgraded to Neutral from Sell at Goldman, tgt $127
    • Zions Bancorp (ZION) upgraded to Buy from Hold at Argus, tgt $55
    • Zscaler (ZS) upgraded to Outperform from Neutral at Exane BNP Paribas, tgt $260
  • Downgrades
    • Adecoagro (AGRO) downgraded to Underweight from Equal Weight at Morgan Stanley, tgt $10
    • Atmos Energy (ATO) downgraded to Neutral from Outperform at Mizuho, tgt $164
    • Avantor (AVTR) downgraded to Equal Weight from Overweight at Morgan Stanley
    • Avantor (AVTR) downgraded to Hold from Buy at Stifel, tgt $14
    • Avantor (AVTR) downgraded to Hold from Buy at TD Cowen, tgt $15.50
    • Biogen (BIIB) downgraded to Hold from Buy at HSBC, tgt $118
    • Chipotle (CMG) downgraded to Hold from Buy at Argus
    • Coinbase (COIN) downgraded to Sell from Buy at Compass Point
    • Conmed (CNMD) downgraded to Hold from Buy at Stifel, tgt $55
    • Custom Truck One Source (CTOS) downgraded to Neutral from Outperform at Robert W. Baird, tgt $5
    • Eastman Chemical (EMN) downgraded to Neutral from Overweight at JPMorgan, tgt $76
    • Eli Lilly (LLY) downgraded to Reduce from Buy at HSBC, tgt $700
    • Fluence Energy (FLNC) downgraded to Hold from Buy at HSBC, tgt $4
    • Roche (RHHBY) downgraded to Hold from Buy at HSBC
    • Saia (SAIA) downgraded to Neutral from Buy at BofA Securities, tgt $251
  • Others
    • Akebia (AKBA) initiated with an Outperform at Leerink, tgt $7
    • American Healthcare REIT (AHR) initiated with a Buy at Jefferies, tgt $37
    • Brunswick (BC) initiated with a Buy at Benchmark, tgt $70
    • Carter's (CRI) initiated with an Underweight at Barclays, tgt $25
    • Celldex (CLDX) initiated with a Buy at Canaccord Genuity, tgt $64
    • Columbia Sportswear (COLM) initiated with an Equal Weight at Barclays, tgt $64
    • Compass (COMP) initiated with an Equal Weight at Wells Fargo, tgt $8
    • Editas Medicine (EDIT) initiated with a Buy at H.C. Wainwright, tgt $3
    • Gildan Activewear (GIL) initiated with an Overweight at Barclays, tgt $51
    • Kohl's (KSS) initiated with an Underweight at Barclays, tgt $4
    • Live Nation (LYV) initiated with a Positive at Susquehanna, tgt $155
    • Macy's (M) initiated with an Equal Weight at Barclays, tgt $12
    • Tvardi Therapeutics (TVRD) initiated with a Buy at JonesResearch, tgt $39
    • Verona Pharma (VRNA) initiated with a Buy at TD Cowen, tgt $100
    • VinFast Auto (VFS) re-initiated with a Buy at Chardan, tgt $5.50
    • Zillow Group (ZG) initiated with an Equal Weight at Wells Fargo, tgt $62