>>> US Research Calls II

Research Calls II
  • Upgrades:
    • Exxon Mobil (XOM) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt raised to $145
    • Harmony Gold (HMY) upgraded to Neutral from Underweight at JP Morgan
    • IAMGOLD (IAG) upgraded to Outperform from Sector Perform at National Bank Financial
    • L3Harris (LHX) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $300
    • LSB Industries (LXU) upgraded to Buy from Neutral at UBS; tgt raised to $11
    • Medtronic (MDT) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $105
    • NIKE (NKE) upgraded to Buy from Hold at Truist; tgt raised to $97
    • TransUnion (TRU) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $130
    • Tronox (TROX) upgraded to Buy from Neutral at UBS; tgt raised to $19
    • Wheaton Precious Metals (WPM) upgraded to Outperform from Sector Perform at National Bank Financial
  • Downgrades:
    • BP (BP) downgraded to Sector Perform from Sector Outperform at Scotiabank
    • Centrus Energy (LEU) downgraded to Neutral from Buy at ROTH MKM; tgt raised to $62
    • Nutrien (NTR) downgraded to Neutral from Buy at UBS; tgt lowered to $51
    • PayPal (PYPL) downgraded to Mkt Perform from Outperform at Bernstein; tgt raised to $80
    • PepsiCo (PEP) downgraded to Hold from Buy at TD Cowen; tgt lowered to $183
    • Saratoga Investment (SAR) downgraded to Neutral from Buy at Ladenburg Thalmann
    • Skyworks (SWKS) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $87
  • Others:
    • MARA Holdings Inc. (MARA) initiated with an Overweight at Cantor Fitzgerald; tgt $21
    • Monday.com (MNDY) initiated with an Overweight at CapitalOne; tgt $325
    • Procter & Gamble (PG) initiated with a Neutral at DA Davidson; tgt $159
    • SiteOne Landscape Supply (SITE) initiated with a Neutral at Goldman; tgt $158
    • South State (SSB) initiated with a Neutral at Citigroup; tgt $102
    • Sunnova Energy (NOVA) initiated with a Buy at Jefferies; tgt $15
    • Synovus (SNV) initiated with a Buy at Citigroup; tgt $53
    • TXNM Energy (TXNM) initiated with a Sector Perform at Scotiabank; tgt $46
    • UMB Financial Corporation (UMBF) initiated with a Buy at Citigroup; tgt $127
    • Veracyte (VCYT) initiated with a Buy at Guggenheim; tgt $40