>>> US Research Calls II

Research Calls II
  • Upgrades:
    • Affirm (AFRM) upgraded to Neutral from Sell at Compass Point; tgt raised to $61
    • Astera Labs (ALAB) upgraded to Outperform from Market Perform at Northland Capital; tgt $120
    • Bancolombia S.A. (CIB) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $53
    • CNH Industrial (CNH) upgraded to Outperform from Perform at Oppenheimer; tgt $16
    • Victoria's Secret (VSCO) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $53
  • Downgrades:
    • Eaton (ETN) downgraded to Hold from Buy at Melius; tgt $373
    • Johnson Controls (JCI) downgraded to Hold from Buy at Melius; tgt $95
    • Trane (TT) downgraded to Hold from Buy at Melius; tgt $398
    • Vertiv (VRT) downgraded to Hold from Buy at Melius; tgt $125
  • Others:
    • Armada Hoffler Properties (AHH) initiated with a Sector Perform at Scotiabank; tgt $11
    • Cardiol Therapeutics (CRDL) initiated with a Buy at Rodman & Renshaw; tgt $7
    • Eledon Pharmaceuticals (ELDN) initiated with a Buy at Guggenheim; tgt $9
    • Indivior (INDV) initiated with a Buy at Rodman & Renshaw; tgt $16
    • INmune Bio (INMB) initiated with a Buy at Rodman & Renshaw; tgt $23
    • MindMed (MNMD) initiated with an Outperform at Evercore ISI; tgt $23
    • Oklo Inc. (OKLO) initiated with a Buy at Craig Hallum; tgt $44
    • PolyPid Ltd. (PYPD) initiated with a Buy at Rodman & Renshaw; tgt $13
    • Rein Therapeutics (RNTX) initiated with a Buy at Rodman & Renshaw; tgt $8
    • Talphera (TLPH) initiated with a Buy at Rodman & Renshaw; tgt $4