>>> US Research Calls II

Research Calls II
  • Upgrades:
    • Credo Technology Group (CRDO) upgraded to Positive from Neutral at Susquehanna; tgt $60
    • Mid-America Aptmt (MAA) upgraded to Buy from Hold at Jefferies; tgt raised to $190
    • Paycom Software (PAYC) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $245
    • Pembina Pipeline (PBA) upgraded to Buy from Neutral at Citigroup
    • ProQR Therapeutics (PRQR) upgraded to Buy from Neutral at Citigroup; tgt $4
    • Trevi Therapeutics (TRVI) upgraded to Strong Buy from Outperform at Raymond James; tgt raised to $29
    • XPeng (XPEV) upgraded to Buy from Neutral at Citigroup; tgt raised to $29
  • Downgrades:
    • APA Corp. (APA) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $32
    • Marex Group plc (MRX) downgraded to Hold from Buy at HSBC Securities; tgt raised to $36
    • Methanex (MEOH) downgraded to Sector Perform from Sector Outperform at Scotiabank; tgt $53
    • Neumora Therapeutics (NMRA) downgraded to Mkt Perform from Outperform at William Blair
    • Occidental Petro (OXY) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $64
    • Pebblebrook Hotel Trust (PEB) downgraded to Neutral from Buy at Compass Point; tgt lowered to $15
    • PPG Industries (PPG) downgraded to Hold from Buy at Argus
    • Sherwin-Williams (SHW) downgraded to Hold from Buy at Jefferies; tgt lowered to $380
    • UDR (UDR) downgraded to Hold from Buy at Truist; tgt raised to $46
  • Others:
    • Karman Space and Defense (KRMN) initiated with an Outperform at Evercore ISI; tgt $38
    • Karman Space and Defense (KRMN) initiated with an Outperform at William Blair
    • Karman Space and Defense (KRMN) initiated with a Buy at Citigroup; tgt $42
    • Karman Space and Defense (KRMN) initiated with an Outperform at Robert W. Baird; tgt $40
    • Karman Space and Defense (KRMN) initiated with an Outperform at RBC Capital Mkts; tgt $35
    • Pulmonx (LUNG) initiated with a Buy at D. Boral Capital; tgt $17
    • SailPoint (SAIL) initiated with a Buy at BTIG Research; tgt $27
    • SailPoint (SAIL) initiated with a Buy at Truist; tgt $29
    • SailPoint (SAIL) initiated with a Buy at BofA Securities; tgt $27.50
    • SailPoint (SAIL) initiated with an Outperform at RBC Capital Mkts; tgt $27
    • SailPoint (SAIL )initiated with an Overweight at Piper Sandler; tgt $30
    • SailPoint (SAIL) initiated with a Neutral at Goldman; tgt $23
    • SailPoint (SAIL) initiated with an Overweight at Barclays; tgt $27
    • SailPoint (SAIL) initiated with a Neutral at JP Morgan; tgt $25
    • SailPoint (SAIL) initiated with a Buy at TD Cowen; tgt $30
    • SailPoint (SAIL) initiated with an Outperform at Evercore ISI; tgt $29
    • SailPoint (SAIL) initiated with a Neutral at Mizuho; tgt $25
    • SailPoint (SAIL) initiated with a Buy at Jefferies; tgt $26
    • SailPoint (SAIL) initiated with an Equal-Weight at Morgan Stanley; tgt $26
    • Sandisk (SNDK) initiated with an Outperform at Mizuho; tgt $60
    • Super Micro Computer (SMCI) initiated with a Buy at Rosenblatt; tgt $60