>>> US Research Calls II

Research Calls II
  • Upgrades:
    • Cloudflare (NET) upgraded to Buy from Sell at Goldman; tgt raised to $140
    • Macerich (MAC) upgraded to Buy from Hold at Jefferies; tgt raised to $23
    • MAXIMUS (MMS) upgraded to Outperform from Mkt Perform at Raymond James; tgt $90
    • Mettler-Toledo (MTD) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $1450
    • RTX (RTX) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $140
    • Simon Properties (SPG) upgraded to Buy from Hold at Jefferies; tgt raised to $198
    • Topgolf Callaway Brands (MODG) upgraded to Buy from Hold at Jefferies; tgt raised to $13
    • U.S. Bancorp (USB) upgraded to Buy from Neutral at DA Davidson; tgt raised to $60
    • VICI Properties (VICI) upgraded to Outperform from Neutral at Wedbush; tgt lowered to $33
    • WEC Energy Group (WEC) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $93
    • Welltower (WELL) upgraded to Buy from Hold at Jefferies; tgt raised to $147
  • Downgrades:
    • Karat Packaging (KRT) downgraded to Mkt Perform from Outperform at William Blair
    • Kilroy Realty (KRC) downgraded to Hold from Buy at Jefferies; tgt lowered to $41
    • Kite Realty (KRG) downgraded to Hold from Buy at Jefferies; tgt lowered to $27
    • L3Harris (LHX) downgraded to Mkt Perform from Outperform at Raymond James
    • Lockheed Martin (LMT) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $523
    • NNN REIT (NNN) downgraded to Hold from Buy at Jefferies; tgt lowered to $43
    • Parsons (PSN) downgraded to Mkt Perform from Outperform at Raymond James
    • Pebblebrook Hotel Trust (PEB) downgraded to Underperform from Neutral at Wedbush; tgt $13
    • SoFi Technologies (SOFI) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt raised to $8
    • Transdigm Group (TDG) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $1348
    • Uber (UBER) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
    • UDR (UDR) downgraded to Hold from Buy at Jefferies; tgt lowered to $45
    • V2X (VVX) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $65
    • WisdomTree (WT) downgraded to Neutral from Buy at Northcoast
  • Others:
    • MFA Financial (MFA) initiated with a Buy at Janney; tgt $14
    • Norwood Financial Corp. (NWFL) initiated with a Buy at Janney; tgt $31
    • Orchestra BioMed (OBIO) initiated with an Overweight at Barclays; tgt $16
    • Rhythm Pharmaceuticals (RYTM) initiated with a Buy at Jefferies; tgt $80