>> US Research Calls

Research Calls

  • Upgrades:
    • APi Group (APG) upgraded to Buy from Neutral at BofA Securities; tgt $23
    • Axos Financial (AX) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $56
    • Bank of America (BAC) upgraded to Buy from Hold at Societe Generale; tgt $37.50
    • Element Solutions (ESI) upgraded to Overweight from Equal Weight at Barclays; tgt lowered to $22
    • Flowserve (FLS) upgraded to Neutral from Underperform at BofA Securities; tgt $31
    • Hilton (HLT) upgraded to Outperform from In-line at Evercore ISI; tgt lowered to $150
    • Honeywell (HON) upgraded to Buy from Neutral at BofA Securities; tgt $210
    • Mattel (MAT) upgraded to Buy from Neutral at Goldman; tgt raised to $31
    • Range Resources (RRC) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $49
    • REA Group (RPGRF) upgraded to Conviction Buy from Buy at Goldman
    • Southwestern Energy (SWN) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $12
    • Taylor Morrison Home (TMHC) upgraded to Outperform from Neutral at Credit Suisse; tgt $33
  • Downgrades:
    • 1Life Healthcare (ONEM) downgraded to In-line from Outperform at Evercore ISI; tgt raised to $12
    • ABB Ltd (ABB) downgraded to Neutral from Buy at Citigroup
    • Allegion (ALLE) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $110
    • AmerisourceBergen (ABC) downgraded to In-line from Outperform at Evercore ISI; tgt $150
    • Ametek (AME) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $122
    • Atos SE (AEXAY) downgraded to Hold from Buy at Kepler
    • Becton Dickinson (BDX) downgraded to Sell from Neutral at Citigroup; tgt lowered to $235
    • Civitas Resources (CIVI) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $67
    • CNX Resources (CNX) downgraded to Equal Weight from Overweight at Wells Fargo; tgt raised to $27
    • DigitalOcean (DOCN) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt $45
    • Duolingo (DUOL) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets
    • Dutch Bros (BROS) downgraded to Neutral from Outperform at Robert W. Baird
    • Fastly (FSLY) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $12
    • Fidus Investment (FDUS) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $19.50
    • Insulet (PODD) downgraded to Neutral from Buy at Citigroup; tgt lowered to $250
    • ITT (ITT) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $74
    • KB Home (KBH) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $35
    • Kura Sushi (KRUS) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt $80
    • lululemon athletica (LULU) downgraded to Underperform from Hold at Jefferies; tgt lowered to $200
    • Manpower (MAN) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $78
    • Meta Platforms (META) downgraded to Underperform from Hold at Needham
    • Moelis (MC) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $42
    • New Relic (NEWR) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $64
    • O-I Glass (OI) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $13
    • Occidental Petro (OXY) downgraded to Neutral from Buy at Goldman; tgt $70
    • Pinnacle Finl (PNFP) downgraded to Underperform from Hold at Jefferies; tgt lowered to $66
    • Piper Sandler (PIPR) downgraded to Peer Perform from Outperform at Wolfe Research; tgt $132
    • Pulmonx (LUNG) downgraded to Neutral from Buy at Citigroup; tgt lowered to $19
    • Qorvo (QRVO) downgraded to Market Perform from Outperform at Cowen; tgt lowered to $108
    • Silk Road Medical (SILK) downgraded to Sell from Neutral at Citigroup; tgt $33
    • SLR Capital Partners (SLRC) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $16.50
    • Stryker (SYK) downgraded to Neutral from Buy at BofA Securities; tgt $215
    • T. Rowe Price (TROW) downgraded to Sell from Neutral at UBS; tgt lowered to $88
    • Under Armour (UAA) downgraded to Hold from Buy at Jefferies; tgt lowered to $10
    • Upstart (UPST) downgraded to Sell from Neutral at Goldman; tgt lowered to $14
  • Others:
    • Affirm (AFRM) initiated with a Neutral at Goldman; tgt $22
    • Blucora (BCOR) initiated with an Overweight at Cantor Fitzgerald; tgt $22
    • Boyd Gaming (BYD) initiated with a Buy at Loop Capital; tgt $86
    • G-III Apparel (GIII) initiated with an Equal Weight at Wells Fargo; tgt $20
    • Kontoor Brands (KTB) initiated with an Overweight at Wells Fargo; tgt $40
    • Red Rock Resorts (RRR) initiated with a Hold at Loop Capital; tgt $36
    • SAP SE (SAP) assumed with an Outperform at Credit Suisse
    • System1 (SST) initiated with a Buy at BofA Securities; tgt $12