Research Calls
- Upgrades:
- Aptiv (APTV) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $112
- Brighthouse Financial (BHF) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $54
- Cardinal Health (CAH) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $74
- Charles Schwab (SCHW) upgraded to Buy from Neutral at Compass Point; tgt $98
- CrowdStrike (CRWD) upgraded to Buy from Neutral at Goldman; tgt raised to $285
- Domino's Pizza (DPZ) upgraded to Buy from Neutral at Citigroup; tgt raised to $487
- Ferrari (RACE) upgraded to Outperform from Neutral at Exane BNP Paribas
- Finmeccanica SpA (FINMY) upgraded to Buy from Hold at Deutsche Bank
- First Financial (THFF) upgraded to Outperform from Mkt Perform at Raymond James; tgt $49
- Fox Corporation (FOXA) upgraded to Positive from Mixed at Vertical Group
- ICON plc (ICLR) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $310
- Juniper Networks (JNPR) upgraded to Neutral from Sell at Citigroup; tgt raised to $36
- Louisiana-Pacific (LPX) upgraded to Buy from Hold at TD Securities; tgt $75
- Novo Nordisk A/S (NVO) upgraded to Equal-Weight from Underweight at Morgan Stanley
- Ryanair Hldgs (RYAAY) upgraded to Buy from Neutral at UBS
- Downgrades:
- AmerisourceBergen (ABC) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $178
- Bancolombia S.A. (CIB) downgraded to Neutral from Overweight at JP Morgan; tgt $46
- Chegg (CHGG) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
- Cisco (CSCO) downgraded to Sell from Neutral at Citigroup; tgt lowered to $45
- Cohu (COHU) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $30
- Dana Inc (DAN) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $17
- Enjoy Technology (ENJY) downgraded to Market Perform from Outperform at Telsey Advisory Group; tgt lowered to $4
- F5 Networks (FFIV) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $250 and removed as Top Pick
- Federated Hermes (FHI) downgraded to Sell from Neutral at Citigroup; tgt lowered to $28.50
- Fiserv (FISV) downgraded to Market Perform from Outperform at Cowen; tgt lowered to $126
- Franklin Resources (BEN) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $30
- Franklin Resources (BEN) downgraded to Neutral from Buy at Citigroup; tgt lowered to $28
- Hewlett Packard Enterprise (HPE) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $15
- Ingredion (INGR) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $94
- Invesco (IVZ) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $25
- JetBlue Airways (JBLU) downgraded to Underperform from Peer Perform at Wolfe Research
- Krispy Kreme, Inc. (DNUT) downgraded to Neutral from Buy at Citigroup; tgt lowered to $16
- Kulicke & Soffa (KLIC) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $59 *
- Landos Biopharma (LABP) downgraded to Hold from Buy at Jefferies; tgt lowered to $1.40
- Mytheresa (MYTE) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $14
- NetApp (NTAP) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $91
- PACCAR (PCAR) downgraded to Neutral from Buy at Citigroup; tgt $90
- Rapid7 (RPD) downgraded to Neutral from Buy at Goldman; tgt $130
- Repare Therapeutics (RPTX) downgraded to Hold from Buy at Stifel; tgt $11
- Restaurant Brands Int'l (QSR) downgraded to Neutral from Buy at Citigroup; tgt lowered to $64
- Rolls Royce PLC (RYCEY) downgraded to Underweight from Neutral at JP Morgan
- Starbucks (SBUX) downgraded to Neutral from Buy at Citigroup; tgt lowered to $91
- STMicroelectronics (STM) downgraded to Equal Weight from Overweight at Barclays
- Skyworks (SWKS) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $138
- Utz Brands (UTZ) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $16.50
- Verint Systems (VRNT) downgraded to Neutral from Buy at Goldman; tgt $57
- Waste Mgmt (WM) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt $174
- Others:
- ADTRAN (ADTN) initiated with a Buy at Rosenblatt; tgt $25
- Align Tech (ALGN) added to Tactical Underperform List at Evercore ISI
- BJ Restaurants (BJRI) initiated with a Neutral at Citigroup; tgt $29
- Bloomin' Brands (BLMN) initiated with a Neutral at Citigroup; tgt $24
- Brinker (EAT) initiated with a Neutral at Citigroup; tgt $38
- Calian Group (CLNFF) initiated with an Outperform at BMO Capital Markets
- Calix Networks (CALX) initiated with a Buy at Rosenblatt; tgt $60
- Cheesecake Factory (CAKE) initiated with a Buy at Citigroup; tgt $52
- Chipotle Mexican Grill (CMG) initiated with a Buy at Citigroup; tgt $1900
- Cracker Barrel (CBRL) initiated with a Sell at Citigroup; tgt $97
- Darden Restaurants (DRI) initiated with a Buy at Citigroup; tgt $162
- Denny's (DENN) initiated with a Neutral at Citigroup; tgt $15
- First Bancorp (FBP) assumed with an Outperform at Keefe Bruyette; tgt $17.50
- First Watch Restaurant Group (FWRG) assumed with a Buy at Citigroup; tgt lowered to $17
- HashiCorp (HCP) initiated with a Neutral at Piper Sandler; tgt $59
- Helmerich & Payne (HP) initiated with a Buy at The Benchmark Company; tgt $53
- Jack In The Box (JACK) initiated with a Neutral at Citigroup; tgt $104
- Mondelez Int'l (MDLZ) resumed with an Outperform at Credit Suisse; tgt $70
- McDonald's (MCD) assumed with a Neutral at Citigroup; tgt raised to $270
- OFG Bancorp (OFG) assumed with an Outperform at Keefe Bruyette; tgt $35
- Patrick Industries (PATK) initiated with a Buy at Truist; tgt $75
- Ping Identity (PING) initiated with a Buy at DA Davidson
- Pool (POOL) initiated with a Hold at Edward Jones
- Popular (BPOP) assumed with an Outperform at Keefe Bruyette; tgt $115
- Pyxis Tankers (PXS) initiated with a Buy at H.C. Wainwright; tgt $1.50
- QuantumScape Corporation (QS) initiated with a Hold at Deutsche Bank; tgt $20
- Sculptor Capital (SCU) added to 90-day Positive Catalyst Watch at Citigroup
- SelectQuote (SLQT) added to Tactical Underperform List at Evercore IS
- Sweetgreen (SG) initiated with a Neutral at Citigroup; tgt $32
- Syneos Health (SYNH) initiated with a Buy at Deutsche Bank; tgt $102
- T. Rowe Price (TROW) added to 30-day Negative Catalyst Watch at Citigroup
- Tenable (TENB) initiated with a Buy at DA Davidson; tgt $75
- Texas Roadhouse (TXRH) initiated with a Buy at Citigroup; tgt $105
- TORM plc (TRMD) initiated with a Buy at H.C. Wainwright; tgt $14
- Upstart (UPST) initiated with an Outperform at FBN Securities; tgt $150
- Veritone (VERI) initiated with a Neutral at UBS; tgt $18
- Wendy's (WEN) initiated with a Neutral at Citigroup; tgt $23
- Wingstop (WING) initiated with a Buy at Citigroup; tgt $160
- Xometry (XMTR) initiated with a Buy at Loop Capital; tgt $50
- Yum! Brands (YUM) initiated with a Buy at Citigroup; tgt $156