Research Calls
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Upgrades:
- Carnival (CCL) upgraded to Hold from Sell at Truist; tgt raised to $17
- CVS Health (CVS) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $83
- Dell (DELL) upgraded to Outperform from Neutral at Daiwa Securities; tgt raised to $80
- Globus Medical (GMED) upgraded to Buy from Hold at Stifel; tgt $61
- Rackspace Technology (RXT) upgraded to Outperform from Mkt Perform at Raymond James; tgt $3.50
- Rexford Industrial Realty (REXR) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $70
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Downgrades:
- CNH Industrial (CNHI) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $14
- Daqo New Energy (DQ) downgraded to Hold from Outperform at Daiwa Securities; tgt lowered to $32
- Deere (DE) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $424
- Lazard (LAZ) downgraded to Sell from Neutral at Goldman; tgt lowered to $32
- NatWest Group plc (NWG) downgraded to Hold from Buy at HSBC Securities
- Planet Fitness (PLNT) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $52
- Starbucks (SBUX) downgraded to Market Perform from Outperform at TD Cowen; tgt lowered to $107
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Others:
- Akero Therapeutics (AKRO) initiated with an Overweight at Cantor Fitzgerald; tgt $69
- Arm Holdings plc (ARM) initiated with a Neutral at Redburn Atlantic; tgt $50
- Array Tech (ARRY) added to US 1 List at BofA Securities; tgt $30
- Arrowhead (ARWR) initiated with a Neutral at Citigroup; tgt $33
- Aurora Innovation (AUR) initiated with a Market Perform at TD Cowen; tgt $3
- ExlService (EXLS) initiated with a Hold at Jefferies; tgt $33
- GE HealthCare (GEHC) initiated with a Buy at Citigroup; tgt $82
- Interactive Brokers (IBKR) initiated with a Neutral at Goldman; tgt $97
- Intercontinental Hotels Group (IHG) resumed with a Buy at BofA Securities
- Praxis Precision Medicines (PRAX) initiated with a Buy at Truist; tgt $10
- Raymond James (RJF) initiated with a Neutral at JP Morgan; tgt $121
- Ryan Specialty Group (RYAN) initiated with a Mkt Perform at JMP Securities
- Super Micro Computer (SMCI) initiated with an Overweight at Barclays; tgt $327
- The Vita Coco Company (COCO) initiated with an Equal-Weight at Morgan Stanley; tgt $29
- WNS (WNS) initiated with a Buy at Jefferies; tgt $82