Research Calls
- Upgrades:
- Datadog (DDOG) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $140
- Walmart (WMT) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $210
- Zscaler (ZS) upgraded to Buy from Neutral at BTIG Research; tgt $185
- Downgrades:
- Avanos Medical (AVNS) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
- Corteva (CTVA) downgraded to Neutral from Buy at Redburn
- Goldman Sachs (GS) downgraded to Neutral from Buy at Citigroup; tgt raised to $400
- Progressive (PGR) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $114
- Rackspace Technology (RXT) downgraded to Sell from Neutral at Citigroup; tgt raised to $1.50
- Walt Disney (DIS) downgraded to Underweight from Neutral at Atlantic Equities; tgt lowered to $76
- Others:
- dLocal Limited (DLO) initiated with a Positive at Susquehanna; tgt $18.50
- Emerald Holding (EEX) initiated with a Buy at Rosenblatt; tgt $7.20
- Howmet Aerospace (HWM) initiated with an Outperform at Robert W. Baird; tgt $61
- Incyte (INCY) initiated with a Buy at Citigroup; tgt $82
- Kenvue (KVUE) initiated with a Buy at Edward Jones
- MAC Limited (MTAL) initiated with a Buy at Canaccord Genuity; tgt $13
- On (ONON) initiated with an Overweight at KeyBanc Capital Markets; tgt $42
- Playtika (PLTK) initiated with a Buy at HSBC Securities; tgt $15.80
- ProKidney Corp. (PROK) initiated with a Buy at BTIG Research; tgt $16
- Shift4 Payments (FOUR) initiated with a Buy at Mizuho; tgt $80
- Sprinklr (CXM) initiated with a Buy at DA Davidson; tgt $17
- Take-Two (TTWO) initiated with a Buy at HSBC Securities; tgt $170
- Warner Music Group (WMG) initiated with an Outperform at TD Cowen; tgt $38
- Watsco (WSO) initiated with a Neutral at Mizuho; tgt $360