Research Calls
- Upgrades:
- American Eagle (AEO) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $18
- Bath & Body Works (BBWI) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $45
- Gap (GPS) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $13
- ResMed (RMD) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $284
- Goldman Sachs (GS) upgraded to Neutral from Underweight at Atlantic Equities; tgt raised to $351
- Tapestry (TPR) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $59
- Downgrades:
- Apellis Pharmaceuticals (APLS) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $40
- Brown & Brown (BRO) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt raised to $76
- Dingdong Ltd (DDL) downgraded to Hold from Buy at Daiwa Securities; tgt lowered to $2.80
- Eastman Chemical (EMN) downgraded to Neutral from Overweight at Piper Sandler; tgt $96
- Estee Lauder (EL) downgraded to Neutral from Buy at Citigroup; tgt lowered to $195
- MaxLinear (MXL) downgraded to Hold from Buy at Loop Capital; tgt lowered to $25
- Rivian Automotive (RIVN) downgraded to Neutral from Overweight at Cantor Fitzgerald; tgt raised to $29
- POSCO (PKX) downgraded to Underweight from Equal-Weight at Morgan Stanley
- SilverCrest Metals (SILV) downgraded to Hold from Buy at Stifel
- SoFi Technologies (SOFI) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt raised to $7
- Symbotic (SYM) downgraded to Mkt Perform from Outperform at William Blair
- Symbotic (SYM) downgraded to Neutral from Buy at DA Davidson; tgt raised to $50
- TechnipFMC (FTI) downgraded to Hold from Buy at Kepler; tgt $19.50
- Valley National (VLY) downgraded to Market Perform from Outperform at Hovde Group; tgt $11
- ZoomInfo (ZI) downgraded to Hold from Buy at Deutsche Bank; tgt $20
- Others:
- Fresenius Medical (FMS) resumed with a Neutral at Citigroup
- Fresenius SE (FSNUY) resumed with a Buy at Citigroup
- Health Catalyst (HCAT) initiated with an Overweight at Cantor Fitzgerald; tgt $16
- Installed Building Products (IBP) initiated with a Buy at Seaport Research Partners; tgt $170
- TopBuild (BLD) initiated with a Buy at Seaport Research Partners; tgt $315
- Vivid Seats (SEAT) initiated with an Equal-Weight at Morgan Stanley; tgt $9.50