Research Calls
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Upgrades:
- AllianceBernstein (AB) upgraded to Buy from Neutral at BofA Securities; tgt raised to $47
- American Express (AXP) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $200
- Assoc Banc-Corp (ASB) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $24
- Belden (BDC) upgraded to Buy from Neutral at Goldman; tgt raised to $117
- Brixmor Property (BRX) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt $25
- Corteva (CTVA) upgraded to Buy from Neutral at UBS; tgt raised to $67
- Centene (CNC) upgraded to Neutral from Underperform at BofA Securities; tgt lowered to $72
- Domino's Pizza (DPZ) upgraded to Outperform from Market Perform at TD Cowen; tgt raised to $450
- Equity Residential (EQR) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $69
- Hudson Pacific Properties (HPP) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $9
- Jefferies (JEF) upgraded to Conviction Buy from Buy and added to Directors' Cut list at Goldman
- Keysight (KEYS) upgraded to Buy from Neutral at Goldman; tgt raised to $164
- Lamb Weston (LW) upgraded to Buy from Neutral at Goldman; tgt raised to $127
- Lowe's (LOW) upgraded to Outperform from Mkt Perform at Bernstein; tgt raised to $282
- lululemon athletica (LULU) upgraded to Mkt Perform from Underperform at Bernstein; tgt raised to $366
- NetApp (NTAP) upgraded to Positive from Neutral at Susquehanna; tgt raised to $100
- Regency Centers (REG) upgraded to Outperform from Mkt Perform at Raymond James; tgt $69
- Retail Opportunity Investments (ROIC) upgraded to Outperform from Mkt Perform at Raymond James; tgt $16
- Stryker (SYK) upgraded to Buy from Neutral at BofA Securities; tgt raised to $315
- Woodward (WWD) upgraded to Outperform from Market Perform at TD Cowen; tgt raised to $160
- Vail Resorts (MTN) upgraded to Buy from Hold at Stifel; tgt $268
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Downgrades:
- Agiliti (AGTI) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $11
- Banco Bilbao Vizcaya Argentaria (BBVA) downgraded to Equal-Weight from Overweight at Morgan Stanley
- Bread Financial (BFH) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $43
- Chicago Atlantic Real Estate Finance (REFI) downgraded to Neutral from Buy at Compass Point; tgt $16
- CNH Industrial (CNHI) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $15.11
- Danaos (DAC) downgraded to Hold from BUy at Fearnley; tgt $77
- Douglas Emmett (DEI) downgraded to Neutral from Overweight at Piper Sandler; tgt $15
- Equity Lifestyle Properties (ELS) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $70.50
- Eos Energy (EOSE) downgraded to Neutral from Buy at Seaport Research Partners
- Federal Realty (FRT) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $104
- FMC Corp (FMC) downgraded to Neutral from Buy at UBS; tgt lowered to $97
- General Mills (GIS) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $72
- Innovative Industrial Properties (IIPR) downgraded to Neutral from Buy at Compass Point; tgt $95
- Kite Realty (KRG) downgraded to Mkt Perform from Strong Buy at Raymond James
- Olin (OLN) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $67
- Oracle (ORCL) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $150
- ResMed (RMD) downgraded to Neutral from Buy at UBS; tgt lowered to $170
- Spirit Aerosystems (SPR) downgraded to Hold from Buy at Melius; tgt $23
- Synchrony Financial (SYF) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $37
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Others:
- Automatic Data (ADP) initiated with a Sector Perform at RBC Capital Mkts; tgt $267
- Braze (BRZE) initiated with a Buy at Citigroup; tgt $60
- Cabaletta Bio (CABA) initiated with a Buy at Citigroup; tgt $22
- Dine Brands (DIN) initiated with a Buy at UBS; tgt $68
- MFA Financial (MFA) resumed with an Outperform at Wedbush; tgt $12
- Patterson-UTI (PTEN) initiated with a Buy at Stifel; tgt $19
- The Duckhorn Portfolio (NAPA) initiated with a Market Perform at BMO Capital Markets; tgt $14
- Diamond Offshore (DO) initiated with a Buy at BTIG Research; tgt $20
- HubSpot (HUBS) initiated with a Buy at Citigroup; tgt $695
- Mid-America Aptmt (MAA) initiated with a Neutral at BofA Securities; tgt $158
- Paychex (PAYX) initiated with a Sector Perform at RBC Capital Mkts; tgt $130
- Pyxis Oncology (PYXS) initiated with an Outperform at RBC Capital Mkts; tgt $7
- Sana Biotechnology (SANA) initiated with a Buy at Citigroup; tgt $8
- ZoomInfo (ZI) initiated with a Neutral at Citigroup; tgt $19