Research Calls
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Upgrades:
- Bank of America (BAC) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $41
- BNY Mellon (BK) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $62
- Citigroup (C) upgraded to Overweight from Underweight at Morgan Stanley; tgt raised to $65
- Equinox Gold (EQX) upgraded to Buy from Hold at Desjardins
- Goldman Sachs (GS) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $449
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Downgrades:
- Advanced Micro (AMD) downgraded to Outperform from Strong Buy at Raymond James; tgt raised to $195
- Brookfield Infrastructure (BIP) downgraded to Sector Perform from Outperform at National Bank Financial
- Enfusion (ENFN) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $9
- Five Below (FIVE) downgraded to Perform from Outperform at Oppenheimer
- IDEXX Labs (IDXX) downgraded to Neutral from Overweight at Piper Sandler; tgt $525
- Int'l Consolidated Airlines (ICAGY) downgraded to Underweight from Equal-Weight at Morgan Stanley
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Others:
- ACADIA Pharmaceuticals (ACAD) initiated with an Outperform at Robert W. Baird; tgt $40
- Accenture (ACN) initiated with a Buy at Mizuho; tgt $426
- Alexandria RE (ARE) initiated with a Buy at Deutsche Bank; tgt $140
- AvalonBay (AVB) initiated with a Buy at Deutsche Bank; tgt $206
- Brandywine Realty (BDN) initiated with a Hold at Deutsche Bank; tgt $5.50
- Brixmor Property (BRX) initiated with a Buy at Deutsche Bank; tgt $27
- Boston Properties (BXP) initiated with a Hold at Deutsche Bank; tgt $74
- Camden Property (CPT) initiated with a Hold at Deutsche Bank; tgt $90
- CareTrust REIT (CTRE) initiated with a Hold at Deutsche Bank; tgt $23
- Cognizant Tech (CTSH) initiated with a Neutral at Mizuho; tgt $82
- Confluent (CFLT) initiated with a Hold at Loop Capital; tgt $23
- CrowdStrike (CRWD) initiated with an Outperform at Raymond James; tgt $330
- CubeSmart (CUBE) initiated with a Sell at Deutsche Bank; tgt $40
- e.l.f. Beauty (ELF) initiated with a Neutral at Robert W. Baird; tgt $185
- EPAM Systems (EPAM) initiated with a Buy at Mizuho; tgt $340
- Equity Lifestyle Properties (ELS) initiated with a Hold at Deutsche Bank; tgt $64
- Equity Residential (EQR) initiated with a Hold at Deutsche Bank; tgt $64
- Essex Property (ESS) initiated with a Hold at Deutsche Bank; tgt $240
- Extra Space Storage (EXR) initiated with a Hold at Deutsche Bank; tgt $141
- Federal Realty (FRT) initiated with a Hold at Deutsche Bank; tgt $109
- Genpact (G) initiated with a Neutral at Mizuho; tgt $40
- Globant (GLOB) initiated with a Buy at Mizuho; tgt $283
- Healthcare Realty (HR) initiated with a Hold at Deutsche Bank; tgt $18
- Highwoods Prop (HIW) initiated with a Buy at Deutsche Bank; tgt $28
- Independence Realty Trust (IRT) initiated with a Buy at Deutsche Bank; tgt $18
- Instacart (CART) initiated with an Equal-Weight at Morgan Stanley; tgt $28
- Invitation Homes (INVH) initiated with a Hold at Deutsche Bank; tgt $35
- Kilroy Realty (KRC) initiated with a Hold at Deutsche Bank; tgt $40
- Kimbell Royalty Partners (KRP) initiated with a Buy at Truist; tgt $22
- Kimco Realty (KIM) initiated with a Hold at Deutsche Bank; tgt $23
- Light & Wonder (LNW) initiated with an Overweight at JP Morgan; tgt $98
- LTC Properties (LTC) initiated with a Hold at Deutsche Bank; tgt $34