Research Calls II
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Upgrades:
- Block (SQ) upgraded to Outperform from Mkt Perform at William Blair
- Toast (TOST) upgraded to Outperform from Neutral at Mizuho; tgt raised to $33
- V.F. Corp (VFC) upgraded to Buy from Neutral at Citigroup; tgt raised to $20
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Downgrades:
- 10x Genomics (TXG) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $20
- Inari (NARI) downgraded to Hold from Buy at Needham
- Melco Resorts & Entertainment (MLCO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $7
- Molson Coors Brewing (TAP) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $47
- Morgan Stanley Direct Lending (MSDL) downgraded to Neutral from Buy at UBS; tgt $23.50
- Palo Alto Networks (PANW) downgraded to Neutral from Buy at Redburn Atlantic; tgt lowered to $325
- PayPal (PYPL) downgraded to Mkt Perform from Outperform at William Blair
- Pinnacle Finl (PFNP) downgraded to Neutral from Overweight at Piper Sandler; tgt raised to $98
- Teradyne (TER) downgraded to Market Perform from Outperform at Northland Capital
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Others:
- Impinj (PI) initiated with an Overweight at Cantor Fitzgerald; tgt $205
- PagerDuty (PD) initiated with a Neutral at Goldman; tgt $24
- Thor Industries (THO) initiated with a Hold at The Benchmark Company
- TKO Group Holdings (TKO) initiated with a Buy at Redburn Atlantic; tgt $129
- Winnebago (WGO) initiated with a Buy at The Benchmark Company; tgt $75