Research Calls
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Upgrades:
- Admiral Group (AMIGY) upgraded to Neutral from Underweight at JP Morgan
- AlTi Global (ALTI) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $9
- Avis Budget (CAR) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $248
- Covenant Logistics (CVLG) upgraded to Outperform from Market Perform at TD Cowen; tgt raised to $66
- First Community (FCCO) upgraded to Outperform from Mkt Perform at Raymond James; tgt $21
- HEICO (HEI) upgraded to Buy from Neutral at BofA Securities; tgt $220
- Inovio Pharma (INO) upgraded to Outperform from Perform at Oppenheimer; tgt $4
- Netflix (NFLX) upgraded to Buy from Hold at DZ Bank; tgt $600
- Nomura Holdings (NMRA) upgraded to Buy from Neutral at BofA Securities
- Outlook Therapeutics (OTLK) upgraded to Buy from Neutral at Guggenheim
- Outlook Therapeutics (OTLK) upgraded to Buy from Hold at Brookline
- RADCOM (RDCM) upgraded to Buy from Hold at Needham; tgt $14
- RTX (RTX) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $100
- TAL Education (TAL) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $15
- Vericel (VCEL) upgraded to Buy from Hold at Truist; tgt raised to $51
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Downgrades:
- Boeing (BA) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $225
- Columbia Banking (COLB) downgraded to Equal-Weight from Overweight at Stephens; tgt lowered to $24
- Columbia Banking (COLB) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $25
- Columbia Banking (COLB) downgraded to Outperform from Strong Buy at Raymond James; tgt $25
- Hertz Global (HTZ) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $9
- Hertz Global (HTZ) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $11
- OrthoPediatrics (KIDS) downgraded to Hold from Buy at Truist; tgt lowered to $31
- Tesla (TSLA) downgraded to Neutral from Outperform at KGI Securities
- V.F. Corp (VFC) downgraded to Sell from Hold at Williams Trading
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Others:
- APi Group (APG) resumed with a Buy at UBS; tgt $40
- Axsome Therapeutics (AXSM) initiated with an Outperform at RBC Capital Mkts; tgt $126
- Bloom Energy (BE) initiated with a Buy at BTIG Research; tgt $21
- DDC Enterprise Ltd (DDC) initiated with a Buy at The Benchmark Company; tgt $8
- IPG Photonics (IPGP) initiated with a Buy at Seaport Research Partners; tgt $125
- Vestis (VSTS) initiated with a Neutral at Goldman; tgt $22