>>> US Research Calls III

Research Calls III
  • Upgrades:
    • Charles Schwab (SCHW) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $95
    • Expand Energy Corporation (EXE) upgraded to Buy from Neutral at UBS; tgt $123
    • Onity Group (ONIT) upgraded to Buy from Neutral at BTIG Research; tgt $40
    • Range Resources (RRC) upgraded to Neutral from Sell at UBS; tgt $35
    • The RealReal (REAL) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $15
    • Reddit (RDDT) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $200
    • Rockwell Automation (ROK) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $345
    • State Street (STT) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $139
    • Synchrony Financial (SYF) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $72
    • TaskUs (TASK) upgraded to Buy from Neutral at BofA Securities; tgt $18
    • Tenaris (TS) upgraded to Buy from Hold at Jefferies; tgt raised to $47
    • TFI International (TFII) upgraded to Buy from Hold at Desjardins
    • Timken (TKR) upgraded to Buy from Neutral at Citigroup; tgt raised to $90
    • VeriSign (VRSN) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $250
    • Vertex Pharma (VRTX) upgraded to Buy from Hold at Jefferies; tgt raised to $550
    • Victoria's Secret (VSCO) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $45
    • Xylem (XYL) upgraded to Buy from Neutral at Citigroup; tgt raised to $148
    • YPF Soc. Anonima (YPF) upgraded to Buy from Neutral at BofA Securities; tgt raised to $55
  • Downgrades:
    • Halliburton (HAL) downgraded to Neutral from Buy at UBS; tgt lowered to $34
    • Redwood Trust (RWT) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $7
    • Regions Fincl (RF) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $32
    • Sallie Mae (SLM) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt raised to $30
    • SoFi Technologies (SOFI) downgraded to Underperform from Neutral at BofA Securities; tgt $12
    • STMicroelectronics (STM) downgraded to Neutral from Overweight at JP Morgan
    • Valaris (VAL) downgraded to Neutral from Buy at Citigroup; tgt lowered to $47
    • Victoria's Secret (VSCO) downgraded to Equal Weight from Overweight at Wells Fargo; tgt raised to $45
    • Vodafone PLC (VOD) downgraded to Neutral from Buy at Goldman
  • Others:
    • Latham Group (SWIM) initiated with a Buy at Craig Hallum; tgt $10
    • Porch Group (PRCH) resumed with a Hold at Loop Capital; tgt $6
    • Qualcomm (QCOM) initiated with a Hold at Melius; tgt $180
    • Rivian Automotive (RIVN) initiated with a Buy at The Benchmark Company; tgt $18
    • Ryman Hospitality (RHP) initiated with an Outperform at BMO Capital Markets; tgt $133
    • Scotts Miracle-Gro (SMG) initiated with a Hold at Jefferies; tgt $72
    • Synovus (SNV) initiated with a Buy at Deutsche Bank; tgt $64
    • Talkspace (TALK) initiated with an Overweight at KeyBanc Capital Markets; tgt $4.50
    • Tempus AI (TEM) initiated with a Buy at Guggenheim; tgt $74
    • Western Copper (WRN) initiated with a Speculative Buy at Canaccord Genuity