Research Calls
- Upgrades:
- Algonquin Power & Utilities (AQN) upgraded to Outperform from Sector Perform at National Bank Financial; tgt lowered to $14.25
- Core Labs (CLB) upgraded to Neutral from Sell at Citigroup; tgt lowered to $17
- Federal Signal (FSS) upgraded to Buy from Neutral at DA Davidson; tgt raised to $46
- Goldman Sachs (GS) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $429
- Moller Maersk (AMKBY) upgraded to Buy from Hold at Berenberg
- Progressive (PGR) upgraded to Buy from Hold at Jefferies; tgt raised to $142
- Downgrades:
- C.H. Robinson (CHRW) downgraded to Neutral from Buy at Citigroup; tgt lowered to $107
- Douglas Emmett (DEI) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $19
- Lyft (LYFT) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $16
- Norfolk Southern (NSC) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $240
- Principal Fincl (PFG) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $72
- Southern States Bancshares (SSBK) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $27
- Zions Bancorp (ZION) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $72
- Others:
- Alcoa (AA) initiated with a Neutral at UBS; tgt $43
- Check Point Software (CHKP) initiated with a Neutral at SMBC Nikko; tgt $115
- Chewy (CHWY) initiated with an Outperform at Oppenheimer; tgt $42
- Coupang (CPNG) initiated with a Buy at HSBC Securities; tgt $27.80
- CrowdStrike (CRWD) initiated with an Outperform at SMBC Nikko; tgt $240
- Fortinet (FTNT) initiated with an Outperform at SMBC Nikko; tgt $70
- Kinetik (KNTK) initiated with a Neutral at Goldman; tgt $37
- Lantheus Holdings (LNTH) initiated with a Buy at Jones Trading; tgt $104
- Navient (NAVI) initiated with an Underweight at Morgan Stanley; tgt $14.50
- Nuvei Corporation (NVEI) initiated with an Outperform at Wolfe Research; tgt $42
- nVent Electric (NVT) initiated with a Hold at Loop Capital; tgt $34
- Palo Alto Networks (PANW) initiated with an Outperform at SMBC Nikko; tgt $230
- Sallie Mae (SLM) initiated with an Underweight at Morgan Stanley; tgt $15
- Senti Bio (SNTI) initiated with an Equal-Weight at Morgan Stanley; tgt $7.50
- SentinelOne (S) initiated with a Neutral at SMBC Nikko; tgt $30
- Skeena Resources (SKE) initiated with an Outperform at BMO Capital Markets
- Unity Software (U) initiated with a Buy at Needham; tgt $50
- Zscaler (ZS) initiated with an Outperform at SMBC Nikko; tgt $220