Research Calls I
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Upgrades:
- BNP Paribas (BNPQY) upgraded to Buy from Neutral at Goldman
- Clorox (CLX) upgraded to Hold from Underperform at Jefferies; tgt $145
- Invivyd (IVVD) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $10
- LVMH (LVMUY) upgraded to Overweight from Equal Weight at Barclays
- NASDAQ (NDAQ) upgraded to Buy from Neutral at Goldman; tgt $73
- PagSeguro Digital (PAGS) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $18
- Seagate Tech (STX) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $115
- Stoke Therapeutics (STOK) upgraded to Outperform from Market Perform at TD Cowen
- Tandem Diabetes Care (TNDM) upgraded to Buy from Hold at Stifel; tgt raised to $37
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Downgrades:
- Aehr Test Systems (AEHR) downgraded to Hold from Buy at Craig Hallum; tgt $12
- Baozun (BZUN) downgraded to Hold from Buy at China Renaissance
- Embraer SA (ERJ) downgraded to Neutral from Buy at UBS; tgt raised to $28.50
- Hershey Foods (HSY) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $208
- PJT Partners (PJT) downgraded to Sell from Neutral at UBS; tgt lowered to $75
- Stellantis (STLA) downgraded to Hold from Buy at Berenberg
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Others:
- Applied Therapeutics (APLT) initiated with an Outperform at RBC Capital Mkts; tgt $12
- ATS Corp (ATS) initiated with a Sell at Goldman; tgt $34
- Boyd Gaming (BYD) initiated with a Buy at Mizuho; tgt $80
- Carnival (CCL) initiated with a Buy at Mizuho; tgt $21
- Cedar Fair (FUN) initiated with a Buy at Mizuho; tgt $56
- Churchill Downs (CHDN) initiated with a Buy at Mizuho; tgt $142
- DraftKings (DKNG) initiated with a Buy at Mizuho; tgt $58
- Evergy (EVRG) initiated with a Buy at Citigroup; tgt $64
- Hilton (HLT) initiated with a Buy at Mizuho; tgt $245
- Hilton Grand Vacations (HGV) initiated with a Buy at Mizuho; tgt $63
- Hyatt Hotels (H) initiated with a Buy at Mizuho; tgt $197
- Las Vegas Sands (LVS) initiated with a Buy at Mizuho; tgt $70
- Light & Wonder (LNW) initiated with an Underperform at Mizuho; tgt $83
- Marriott (MAR) initiated with a Neutral at Mizuho; tgt $263
- Marriott Vacations (VAC) initiated with a Buy at Mizuho; tgt $128
- MGM Resorts (MGM) initiated with a Buy at Mizuho; tgt $61
- MSCI (MSCI) initiated with a Peer Perform at Wolfe Research
- Netflix (NFLX) removed from BofA's Best Ideas List
- Norwegian Cruise Line (NCLH) initiated with a Neutral at Mizuho; tgt $21
- Nutrien (NTR) initiated with a Buy at Jefferies; tgt $62
- PACCAR (PCAR) initiated with a Sector Perform at RBC Capital Mkts; tgt $123
- PENN Entertainment (PENN) initiated with a Buy at Mizuho; tgt $29
- Qualys (QLYS) initiated with a Market Perform at TD Cowen; tgt $170
- Red Rock Resorts (RRR) initiated with a Buy at Mizuho; tgt $69
- Red Violet (RDVT) initiated with a Buy at B. Riley Securities; tgt $25
- Spotify (SPOT) added to BofA's Best Ideas List
- Summit Therapeutics (SMMT) initiated with a Buy at Stifel; tgt $8
- Travel + Leisure Co (TNL) initiated with a Neutral at Mizuho; tgt $55
- United Parks & Resorts Inc. (PRKS) initiated with an Underperform at Mizuho; tgt $47
- Vail Resorts (MTN) initiated with a Buy at Mizuho; tgt $256
- Voyager Therapeutics (VYGR) initiated with a Buy at Guggenheim; tgt $22