>>> US Research Calls II

Research Calls II
  • Upgrades:
    • Atlassian (TEAM) upgraded to Buy from Hold at Truist; tgt raised to $300
    • Instil Bio (TIL) upgraded to Buy from Hold at Jefferies; tgt raised to $52
    • Labcorp Holdings Inc. (LH) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $265
    • LPL Financial (LPLA) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $397
    • LTC Properties (LTC) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $40
    • lululemon athletica (LULU) upgraded to Outperform from Mkt Perform at Bernstein; tgt raised to $460
    • P10, Inc. (PX) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $15
    • Principal Fincl (PFG) upgraded to Overweight from Neutral at JP Morgan; tgt lowered to $92
    • Prosperity Bancshares (PB) upgraded to Neutral from Underperform at BofA Securities; tgt $80
    • Sabra Health Care REIT (SBRA) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $20
    • Shake Shack (SHAK) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $159
    • Shell plc (SHEL) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $79.80
    • Snowflake (SNOW) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $200
    • Ultrapar Participacoes (UGP) upgraded to Overweight from Neutral at JP Morgan
    • Vornado Rlty Trust (VNO) upgraded to Outperform from Neutral at Mizuho; tgt raised to $48
    • Zions Bancorp (ZION) upgraded to Buy from Neutral at Goldman; tgt $71
    • Zoom Communications (ZM) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $85
  • Downgrades:
    • Dentsply Sirona (XRAY) downgraded to In-line from Outperform at Evercore ISI; tgt $20
    • Essential Utilities (WTRG) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $39
    • Kilroy Realty (KRC) downgraded to Neutral from Outperform at Mizuho; tgt lowered to $43
    • Kraft Heinz (KHC) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $35
    • LyondellBasell (LYB) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $95
    • Marti Technologies (MRT) downgraded to Neutral from Overweight at Cantor Fitzgerald; tgt $3
    • Mondelez Int'l (MDLZ) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $61
    • Old Dominion (ODFL) downgraded to Neutral from Positive at Susquehanna; tgt $195
    • Playa Hotels & Resorts (PLYA) downgraded to Hold from Buy at Truist; tgt $13
    • Quaker Chemical (KWR) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $170
    • Raymond James (RJF) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $166
    • Ready Capital (RC) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $10
    • RingCentral (RNG) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $30
    • Ross Stores (ROST) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $165
    • Sabre (SABR) downgraded to Neutral from Overweight at Cantor Fitzgerald; tgt lowered to $4
    • Saia (SAIA) downgraded to Neutral from Positive at Susquehanna; tgt $530
    • Tesla (TSLA) downgraded to Neutral from Buy at BofA Securities; tgt raised to $490
    • TotalEnergies SE (TTE) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $64.10
    • Tyler Tech (TYL) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $615
    • Unum Group (UNM) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $79
    • Victory Capital (VCTR) downgraded to Neutral from Buy at B. Riley Securities; tgt raised to $60
    • XPO, Inc. (XPO) downgraded to Neutral from Positive at Susquehanna; tgt $155
    • ZoomInfo (ZI) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $11
  • Others:
    • Coca-Cola (KO) initiated with an Overweight at Piper Sandler; tgt $74
    • On (ONON) resumed with a Buy at BofA Securities; tgt $73
    • Penguin Solutions (PENG) initiated with a Buy at Loop Capital; tgt $30
    • PepsiCo (PEP) initiated with an Overweight at Piper Sandler; tgt $171
    • Rollins (ROL) initiated with a Hold at Canaccord Genuity; tgt $48
    • Tyra Biosciences (TYRA) initiated with a Buy at UBS; tgt $28