>>> US Research Calls II

Research Calls II
  • Upgrades:
    • Gentherm (THRM) upgraded to Neutral from Underweight at JP Morgan; tgt $56
    • Independent Bank (INDB) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $74
    • JD.com (JD) upgraded to Buy from Hold at Loop Capital; tgt lowered to $48
    • Mid-America Aptmt (MAA) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $175
    • Mohawk (MHK) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $196
    • NexPoint Residential (NXRT) upgraded to Outperform from Mkt Perform at Raymond James; tgt $50
    • RH (RH) upgraded to Outperform from Neutral at Wedbush; tgt $430
    • Simmons First National (SFNC) upgraded to Overweight from Equal-Weight at Stephens; tgt raised to $28
    • Sportradar Group AG (SRAD) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $15
    • Travere Therapeutics (TVTX) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $27
    • Volvo (VLVLY) upgraded to Buy from Hold at Stifel
    • Warby Parker (WRBY) upgraded to Buy from Neutral at Goldman; tgt raised to $18
  • Downgrades:
    • Hertz Global (HTZ) downgraded to Underweight from Neutral at JP Morgan
    • MDU Resources (MDU) downgraded to Neutral from Buy at BofA Securities; tgt raised to $31
    • Old Dominion (ODFL) downgraded to Hold from Buy at Stifel; tgt lowered to $197
    • Piedmont Lithium (PLL) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $8
    • Prologis (PLD) downgraded to Neutral from Buy at Goldman; tgt lowered to $132
    • Rexford Industrial Realty (REXR) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $49
    • Saia (SAIA) downgraded to Hold from Buy at Stifel; tgt lowered to $437
    • ServiceNow (NOW) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $960
    • SolarEdge Technologies (SEDG) downgraded to Hold from Buy at TD Cowen; tgt lowered to $16
    • Trinity Industries (TRN) downgraded to Neutral from Positive at Susquehanna; tgt raised to $35
    • UPS (UPS) downgraded to Underweight from Equal Weight at Barclays; tgt $120
    • WaFd, Inc. (WAFD) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $40
  • Others:
    • Alaska Air (ALK) initiated with an Overweight at Barclays; tgt $55
    • Amphenol (APH) added to Positive Catalyst Watch at JP Morgan
    • BioAge Labs (BIOA) initiated with a Buy at Citigroup; tgt $45
    • BKV Corporation (BKV) initiated with an Outperform at Evercore ISI; tgt $24
    • CyberArk (CYBR) initiated with a Sector Outperform at Scotiabank; tgt $340
    • Dell (DELL) added to Positive Catalyst Watch at JP Morgan
    • DTE Energy (DTE) resumed with a Hold at Jefferies; tgt $137
    • Guardian Pharmacy Services (GRDN) initiated with an Outperform at Raymond James; tgt $21
    • Hormel Foods (HRL) initiated with an Underperform at Exane BNP Paribas; tgt $28
    • Korro Bio (KRRO) initiated with a Strong Buy at Raymond James; tgt $153
    • Lumentum (LITE) added to Negative Catalyst Watch at JP Morgan
    • Palantir Technologies (PLTR) initiated with a Hold at CICC
    • Perfect Corp. (PERF) initiated with an Outperform at Noble Capital Markets; tgt $5
    • Qualcomm (QCOM) added to Negative Catalyst Watch at JP Morgan
    • Rhythm Pharmaceuticals (RYTM) initiated with a Buy at Guggenheim; tgt $70
    • Sarepta Therapeutics (SRPT) initiated with a Buy at Jefferies; tgt $165
    • V.F. Corp (VFC) added to Negative Catalyst Watch at JP Morgan
    • XPeng (XPEV) added to Positive Catalyst Watch at JP Morgan