Research Calls
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Upgrades:
- Futu Holdings (FUTU) upgraded to Outperform from Underperform at CLSA; tgt raised to $65
- Globus Medical (GMED) upgraded to Buy from Neutral at BTIG Research; tgt $60
- PepsiCo (PEP) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $190
- Pinnacle West (PNW) upgraded to Buy from Neutral at BofA Securities; tgt raised to $80
- Regions Fincl (RF) upgraded to Buy from Neutral at Citigroup; tgt raised to $23
- Ventas (VTR) upgraded to Outperform from In-line at Evercore ISI; tgt $50
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Downgrades:
- Apartment Income REIT Corp. (AIRC) downgraded to Mkt Perform from Outperform at Raymond James
- Invitation Homes (INVH) downgraded to In-line from Outperform at Evercore ISI; tgt $36
- New York Community (NYCB) downgraded to Underperform from Mkt Perform at Raymond James; tgt $3
- NIKE (NKE) downgraded to Sell from Hold at Williams Trading
- Prologis (PLD) downgraded to In-line from Outperform at Evercore ISI; tgt $136
- SL Green Realty (SLG) downgraded to Underperform from In-line at Evercore ISI; tgt $44
- Terex (TEX) downgraded to Neutral from Overweight at JP Morgan; tgt $63
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Others:
- Ball Corp (BALL) initiated with an Equal-Weight at Morgan Stanley; tgt $68
- Howmet Aerospace (HWM) initiated with an Outperform at RBC Capital Mkts; tgt $75
- Medpace (MEDP) initiated with a Hold at Deutsche Bank; tgt $395
- Welltower (WELL) initiated with an Outperform at Exane BNP Paribas; tgt $104