Research Calls
- Upgrades:
- Anheuser-Busch InBev (BUD) upgraded to Buy from Neutral at Citigroup
- Antero Resources (AR) upgraded to Buy from Hold at Truist; tgt raised to $50
- Excelerate Energy (EE) upgraded to Overweight from Equal Weight at Wells Fargo; tgt $29
- Universal Music Group N.V. (UMGNF) upgraded to Conviction Buy from Buy at Goldman
- Downgrades:
- Aegon N.V. (AEG) downgraded to Underperform from Neutral at Exane BNP Paribas
- Aveanna (AVAH) downgraded to Hold from Buy at Truist
- Burberry plc (BURBY) downgraded to Neutral from Outperform at Exane BNP Paribas
- HP Inc. (HPQ) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $36
- NovoCure (NVCR) downgraded to Underperform from In-line at Evercore ISI
- PerkinElmer (PKI) downgraded to In-line from Outperform at Evercore ISI; tgt $150
- Sony (SONY) downgraded to Neutral from Buy at Citigroup
- Talaris Therapeutics (TALS) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $8
- Others:
- NetEase (NTES) initiated with an Outperform at Macquarie; tgt $129
- Shopify (SHOP) initiated with a Mkt Perform at JMP Securities
- Symbotic (SYM) initiated with a Buy at Needham; tgt $18
- Symbotic (SYM) initiated with an Outperform at Raymond James; tgt $18
- Teradyne (TER) initiated with a Neutral at JP Morgan; tgt $120