Research Calls
- Upgrades
- AENA (ANNSF) upgraded to Buy from Neutral at Goldman
- Fortinet (FTNT) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $69
- Kraft Heinz (KHC) upgraded to Buy from Neutral at Goldman; tgt $43
- Kroger (KR) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $51
- Merck (MRK) upgraded to Buy from Neutral at Guggenheim
- Satsuma Pharmaceuticals (STSA) upgraded to Outperform from Mkt Perform at SVB Leerink; tgt $15
- Toast (TOST) upgraded to Buy from Neutral at Mizuho; tgt raised to $24
- TELUS International (TIXT) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $28
- Downgrades:
- Affimed Therapeutics (AFMD) downgraded to Hold from Buy at Stifel; tgt lowered to $2
- Axonics Modulation (AXNX) downgraded to Hold from Buy at Needham
- Argo Blockchain Plc (ARBK) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $3
- Bristol-Myers (BMY) downgraded to Neutral from Buy at Guggenheim
- Ford Motor (F) downgraded to Sell from Neutral at UBS; tgt lowered to $10
- General Motors (GM) downgraded to Neutral from Buy at UBS; tgt lowered to $38
- Global Medical REIT (GMRE) downgraded to Neutral from Outperform at Robert W. Baird; tgt $9
- H&M (HNNMY) downgraded to Sector Perform from Outperform at RBC Capital Mkts
- Highwoods Prop (HIW) downgraded to Neutral from Outperform at Robert W. Baird; tgt $31
- Kilroy Realty (KRC) downgraded to Neutral from Outperform at Robert W. Baird; tgt $49
- Lincoln National (LNC) downgraded to Hold from Buy at Jefferies; tgt lowered to $51
- Lowe's (LOW) downgraded to Hold from Buy at R5 Capital; tgt $223
- Novozymes (NVZMY) downgraded to Underperform from Neutral at Exane BNP Paribas
- Omega Health (OHI) downgraded to Neutral from Outperform at Robert W. Baird; tgt $30
- Procter & Gamble (PG) downgraded to Neutral from Buy at Goldman; tgt $143
- Qiagen (QGEN) downgraded to Neutral from Outperform at Oddo BHF; tgt $47
- Sabra Health Care REIT (SBRA) downgraded to Neutral from Outperform at Robert W. Baird; tgt $13
- TTEC Holdings (TTEC) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $48ata Motors (TTM) downgraded to Neutral from Overweight at JP Morgan
- Tenable (TENB) downgraded to Neutral from Buy at BTIG Research
- Turning Point Brands (TPB) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $22
- Ventas (VTR) downgraded to Neutral from Outperform at Robert W. Baird; tgt $38
- Volkswagen AG (VWAGY) downgraded to Neutral from Buy at UBS
- Welltower (WELL) downgraded to Neutral from Outperform at Robert W. Baird; tgt $66
- Others:
- American Intl (AIG) resumed with a Buy at BofA Securities; tgt $58
- American Intl (AIG) resumed with a Buy at Goldman; tgt $83
- Ascendis Pharma (ASND) placed on 90-day upside Catalyst Watch at Citigroup
- Cipher Mining (CIFR) initiated with a Neutral at H.C. Wainwright; tgt $1.50
- Corebridge Financial (CRBG) initiated with an Equal-Weight at Morgan Stanley; tgt $25
- Corebridge Financial (CRBG) initiated with a Buy at BofA Securities; tgt $24
- Corebridge Financial (CRBG) initiated with a Neutral at Goldman; tgt $23
- Corebridge Financial (CRBG) initiated with an Outperform at RBC Capital Mkts; tgt $25
- Corebridge Financial (CRBG) initiated with an Overweight at Piper Sandler
- Corebridge Financial (CRBG) initiated with an Overweight at Wells Fargo; tgt $23
- Etsy (ETSY) initiated with a Buy at Goldman; tgt $130
- Grab (GRAB) initiated with an Equal Weight at Barclays; tgt $3
- Howmet Aerospace (HWM) initiated with a Buy at BofA Securities; tgt $40
- Third Harmonic Bio (THRD) initiated with an Outperform at Cowen
- Third Harmonic Bio (THRD) initiated with an Overweight at Morgan Stanley; tgt $34
- Wayfair (W) initiated with a Neutral at Goldman; tgt $36