Research Calls
- Upgrades:
- Akero Therapeutics (AKRO) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $50
- Brandywine Realty (BDN) upgraded to Buy from Hold at Truist; tgt $11
- Merck (MRK) upgraded to Buy from Hold at Berenberg; tgt raised to $100
- Nikola Corporation (NKLA) upgraded to Buy from Neutral at BTIG Research; tgt $12
- PayPal (PYPL) upgraded to Outperform from Mkt Perform at Raymond James; tgt $123
- Roche Hldg (RHHBY) upgraded to Buy from Hold at Berenberg
- Schneider Electric (SBGSY) upgraded to Buy from Hold at Deutsche Bank
- SL Green Realty (SLG) upgraded to Buy from Hold at Truist; tgt $59
- SoFi Technologies (SOFI) upgraded to Buy from Neutral at BofA Securities; tgt raised to $9
- Starbucks (SBUX) upgraded to Buy from Neutral at Fubon; tgt $103
- Downgrades:
- Auto Trader (ATDRY) downgraded to Equal-Weight from Overweight at Morgan Stanley
- Avantor (AVTR) downgraded to Market Perform from Outperform at Cowen; tgt lowered to $28
- Block (SQ) downgraded to Underperform from Outperform at Evercore ISI; tgt lowered to $55
- Bristol-Myers (BMY) downgraded to Hold from Buy at Berenberg; tgt lowered to $76
- Corp Office Props (OFC) downgraded to Hold from Buy at Truist; tgt lowered to $28
- CSX (CSX) downgraded to Mkt Perform from Outperform at Bernstein; tgt $32
- Eastman Chemical (EMN) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $95
- Match Group (MTCH) downgraded to Hold from Buy at Loop Capital; tgt lowered to $60
- Motorola Solutions (MSI) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt raised to $260
- Nestle (NSRGY) downgraded to Neutral from Outperform at Exane BNP Paribas
- Novartis AG (NVS) downgraded to Hold from Buy at Berenberg
- Ocado (OCDGF) downgraded to Underperform from Neutral at Credit Suisse
- RBC Bearings (ROLL) downgraded to Underperform from Neutral at BofA Securities; tgt raised to $235
- Standard Life Aberdeen (SLFPF) downgraded to Sell from Hold at Deutsche Bank
- Straumann AG (SAUHY) downgraded to Sell from Neutral at UBS
- Syneos Health (SYNH) downgraded to Neutral from Buy at Guggenheim
- Union Pacific (UNP) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $230
- Woodward (WWD) downgraded to Hold from Buy at Jefferies; tgt $90
- Others:
- ADTRAN (ADTN) initiated with a Hold at WestPark Capital
- Blueprint Medicines (BPMC) initiated with a Buy at Berenberg; tgt $90
- Calix Networks (CALX) initiated with a Buy at WestPark Capital; tgt $75
- Clearfield (CLFD) initiated with a Hold at WestPark Capital
- Church & Dwight (CHD) resumed with an Underperform at BofA Securities; tgt $75
- Clorox (CLX) resumed with an Underperform at BofA Securities; tgt $130
- Coty (COTY) resumed with a Buy at BofA Securities; tgt $12
- DICE Therapeutics (DICE) initiated with an Overweight at Cantor Fitzgerald; tgt $36
- e.l.f. Beauty (ELF) initiated with a Buy at BofA Securities; tgt $45
- Extreme Networks (EXTR) initiated with a Buy at WestPark Capital; tgt $20
- Global Business Travel Group (GBTG) initiated with an Equal-Weight at Morgan Stanley; tgt $9
- Hershey Foods (HSY) initiated with a Market Perform at Cowen; tgt $238
- Kimberly-Clark (KMB) resumed with a Neutral at BofA Securities; tgt $130
- Koninklijke DSM (RDSMY) upgraded to Buy from Hold at Jefferies
- Kronos (KRON) initiated with a Buy at Berenberg; tgt $12
- LSB Industries (LXU) initiated with a Buy at Stifel; tgt $23
- MakeMyTrip (MMYT) initiated with an Overweight at JP Morgan; tgt $44
- Masimo (MASI) initiated with a Buy at Loop Capital; tgt $206
- Mondelez Int'l (MDLZ) initiated with an Outperform at Cowen; tgt $71
- NETSTREIT (NTST) initiated with a Strong Buy at Raymond James; tgt $24
- Oracle (ORCL) initiated with a Hold at Berenberg; tgt $72
- POINT Biopharma (PNT) initiated with a Buy at Berenberg; tgt $20
- Ribbon Communications (RBBN) initiated with a Hold at WestPark Capital
- SES AI Corporation (SES) initiated with a Hold at Deutsche Bank; tgt $7
- Southern Copper (SCCO) initiated with a Hold at Deutsche Bank; tgt $47
- Vir Biotechnology (VIR) initiated with an Outperform at SVB Leerink; tgt $40