>>> US Research Calls II

Research Calls II
  • Upgrades:
    • AmBev (ABEV) upgraded to Outperform from Neutral at Santander
    • Boyd Gaming (BYD) upgraded to Buy from Hold at Argus; tgt $90
    • Cloudflare (NET) upgraded to Buy from Hold at Stifel; tgt raised to $136
    • Cousins Prop (CUZ) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $34
    • First Industrial Realty (FR) upgraded to Sector Weight from Underweight at KeyBanc Capital Markets
    • Getty Realty Corp. (GTY) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $35
    • Horizon Technology Finance (HRZN) upgraded to Neutral from Sell at Compass Point; tgt $8.25
    • Macerich (MAC) upgraded to Sector Perform from Sector Underperform at Scotiabank; tgt $22
    • Mid-America Aptmt (MAA) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $180
    • MidWestOne Financial Group (MOFG) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $39
    • Nordson (NDSN) upgraded to Buy from Neutral at Seaport Research Partners; tgt $250
    • Owens Corning (OC) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $225
    • Rimini Street (RMNI) upgraded to Buy from Hold at Craig Hallum; tgt $6
    • Shoals Technologies (SHLS) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $7
    • SolarEdge Technologies (SEDG) upgraded to Buy from Sell at Goldman; tgt raised to $19
    • Tesla (TSLA) upgraded to Outperform from Neutral at Mizuho; tgt raised to $515
    • Timken (TKR) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $93
    • Veris Residential (VRE) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $17
    • V.F. Corp (VFC) upgraded to Buy from Hold at Argus
    • WillScot Mobile Mini (WSC) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $50
    • Zimmer Biomet (ZBH) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $128
  • Downgrades:
    • Arcos Dorados (ARCO) downgraded to Neutral from Outperform at Santander
    • Axalta Coating Systems (AXTA) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • EastGroup (EGP) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Honest Company (HNST) downgraded to Hold from Buy at Loop Capital; tgt $7
    • InnovAge (INNV) downgraded to Underweight from Neutral at JP Morgan; tgt $5
    • Marqeta (MQ) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $4
    • Masco (MAS) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $85
    • Match Group (MTCH) downgraded to Hold from Buy at Jefferies; tgt lowered to $32
    • PACS Group (PACS) downgraded to Neutral from Overweight at JP Morgan; tgt $18
    • TransMedics Group (TMDX) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $75
    • Viavi (VIAV) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt raised to $9.50
    • VICI Properties (VICI) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • WEX (WEX) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $200
    • W.P. Carey (WPC) downgraded to Underweight from Equal Weight at Barclays; tgt raised to $59
  • Others:
    • Advanced Flower Capital (AFCG) initiated with a Buy at Alliance Global Partners; tgt $13
    • Centerspace (CSR) initiated with a Neutral at Wedbush; tgt $72
    • Chicago Atlantic Real Estate Finance (REFI) initiated with a Buy at Alliance Global Partners; tgt $20
    • Clover Health (CLOV) initiated with a Buy at Craig Hallum; tgt $6
    • Descartes (DSGX) initiated with a Buy at Loop Capital; tgt $140
    • Harmony Biosciences (HRMY) initiated with a Buy at H.C. Wainwright; tgt $75
    • HCA (HCA) resumed with a Neutral at JP Morgan; tgt $380
    • Hims & Hers Health (HIMS) initiated with an Overweight at Morgan Stanley; tgt $42
    • Hut 8 Mining (HUT) initiated with an Overweight at Piper Sandler; tgt $33
    • Independence Realty Trust (IRT) initiated with an Equal Weight at Barclays; tgt $23
    • Innovative Industrial Properties (IIPR) initiated with a Buy at Alliance Global Partners; tgt $130
    • Invitation Homes (INVH) initiated with an Overweight at Barclays; tgt $38
    • Macerich (MAC) initiated with a Hold at Deutsche Bank; tgt $22
    • Manchester United (MANU) initiated with a Buy at UBS; tgt $23
    • MARA Holdings Inc. (MARA) initiated with an Overweight at Piper Sandler; tgt $34
    • Melco Resorts & Entertainment (MLCO) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $7.50
    • Mid-America Aptmt (MAA) initiated with an Equal Weight at Barclays; tgt $166
    • Molina Healthcare (MOH) resumed with a Neutral at JP Morgan; tgt lowered to $350
    • MongoDB (MDB) initiated with a Buy at Rosenblatt; tgt $350
    • NNN REIT (NNN) initiated with an Overweight at Barclays; tgt $48
    • Open Text (OTEX) initiated with a Neutral at UBS; tgt $32
    • QuickLogic (QUIK) initiated with an Outperform at Northland Capital; tgt $11.60
    • Realty Income (O) initiated with an Equal Weight at Barclays; tgt $59
    • Repligen (RGEN) initiated with a Hold at Canaccord Genuity; tgt $165
    • Riot Platforms (RIOT) initiated with an Overweight at Piper Sandler; tgt $23
    • Rubrik (RBRK) initiated with a Neutral at Rosenblatt; tgt $77
    • Silicon Labs (SLAB) initiated with a Neutral at Susquehanna; tgt $130
    • Simon Properties (SPG) initiated with a Hold at Deutsche Bank; tgt $195
    • Spire (SR) initiated with a Neutral at Janney; tgt $73
    • Tanger Factory (SKT) initiated with a Hold at Deutsche Bank; tgt $37
    • Tenet Healthcare (THC) resumed with an Overweight at JP Morgan; tgt $175
    • Treace Medical Concepts (TMCI) resumed with a Neutral at JP Morgan; tgt $8
    • TriSalus Life Sciences (TLSI) initiated with an Overweight at Cantor Fitzgerald; tgt $10
    • UDR (UDR) initiated with an Overweight at Barclays; tgt $50
    • Universal Health (UHS) resumed with a Neutral at JP Morgan; tgt $226
    • Watts Water Tech. (WTS) initiated with a Hold at Deutsche Bank; tgt $240