Research Calls
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Upgrades
- AES Corp. (AES) upgraded to Hold from Underperform at Jefferies, tgt $13
- Alphabet (GOOG/L) upgraded to Buy from Hold at Loop Capital, tgt $320
- Deckers Outdoor (DECK) upgraded to Buy from Hold at Stifel, tgt $117
- Illinois Tool Works (ITW) upgraded to Neutral from Underperform at BofA Securities, tgt $255
- Kilroy Realty (KRC) upgraded to Market Perform from Underperform at BMO Capital, tgt $44
- Legence (LGN) upgraded to Buy from Hold at Jefferies, tgt $49
- ONE Gas (OGS) upgraded to Neutral from Sell at UBS, tgt $86
- Pennant Group (PNTG) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $31
- Regency Centers (REG) upgraded to Overweight from Equal Weight at Barclays, tgt $82
- SKF AB (SKFRY) upgraded to Buy from Hold at Deutsche Bank
- XPeng (XPEV) upgraded to Buy from Hold at Daiwa, tgt $29
- AES Corp. (AES) upgraded to Hold from Underperform at Jefferies, tgt $13
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Downgrades
- Amazon (AMZN) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $250
- Auna (AUNA) downgraded to Neutral from Overweight at JPMorgan, tgt $6
- HepsiBurada (HEPS) downgraded to Neutral from Overweight at JPMorgan
- Federal Realty (FRT) downgraded to Equal Weight from Overweight at Barclays, tgt $106
- Honeywell (HON) downgraded to Underperform from Buy at BofA Securities, tgt $205
- Microsoft (MSFT) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $500
- Murphy Oil (MUR) downgraded to Neutral from Overweight at Piper Sandler, tgt $34
- Telus (TU) downgraded to Underweight from Neutral at JPMorgan
- VICI Properties (VICI) downgraded to Equal Weight from Overweight at Wells Fargo, tgt $32
- Amazon (AMZN) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $250
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Others
- AeroVironment (AVAV) initiated with an Outperform at BNP Paribas Exane, tgt $355
- Arcellx (ACLX) initiated with a Peer Perform at Wolfe Research
- Ascendis Pharma (ASND) initiated with an Outperform at Wolfe Research, tgt $255
- Black Diamond Therapeutics (BDTX) assumed with an Overweight at Piper Sandler, tgt $9
- Boyd Gaming (BYD) initiated with an Equal Weight at Wells Fargo, tgt $85
- Caesars Entertainment (CZR) initiated with an Equal Weight at Wells Fargo, tgt $21
- Carnival (CCL) initiated with an Overweight at Wells Fargo, tgt $37
- CareTrust REIT (CTRE) initiated with a Buy at UBS, tgt $42
- Celcuity (CELC) initiated with an Outperform at Wolfe Research, tgt $110
- Choice Hotels (CHH) initiated with an Underweight at Wells Fargo, tgt $84
- Churchill Downs (CHDN) initiated with an Overweight at Wells Fargo, tgt $115
- Corcept Therapeutics (CORT) initiated with a Peer Perform at Wolfe Research
- CrowdStrike (CRWD) initiated with a Hold at Berenberg, tgt $600
- Diversified Energy (DEC) initiated with an Outperform at William Blair
- DraftKings (DKNG) initiated with an Equal Weight at Wells Fargo, tgt $31
- Exelixis (EXEL) initiated with a Peer Perform at Wolfe Research
- FormFactor (FORM) initiated with an Overweight at Cantor Fitzgerald, tgt $75
- Genius Sports (GENI) initiated with an Equal Weight at Wells Fargo, tgt $10
- Hilton (HLT) initiated with an Overweight at Wells Fargo, tgt $332
- Hilton Grand Vacations (HGV) initiated with an Equal Weight at Wells Fargo, tgt $42
- Hyatt (H) initiated with an Equal Weight at Wells Fargo, tgt $154
- Innospec (IOSP) initiated with a Buy at Freedom Capital
- Janux Therapeutics (JANX) initiated with a Peer Perform at Wolfe Research
- Kestra Medical (KMTS) initiated with a Buy at BTIG Research
- Kodiak Gas Services (KGS) initiated with an Outperform at William Blair
- Las Vegas Sands (LVS) initiated with an Equal Weight at Wells Fargo
- Lumentum (LITE) initiated with an Outperform at Mizuho
- Marriott (MAR) initiated with an Overweight at Wells Fargo
- Norwegian Cruise Line (NCLH) initiated with an Overweight at Wells Fargo
- Omega Healthcare (OHI) initiated with a Buy at UBS
- Okta (OKTA) initiated with a Buy at Berenberg
- Oric Pharmaceuticals (ORIC) initiated with a Peer Perform at Wolfe Research
- Qualys (QLYS) initiated with a Hold at Berenberg
- Rapid7 (RPD) initiated with a Hold at Berenberg
- Red Rock Resorts (RRR) initiated with an Equal Weight at Wells Fargo
- Revolution Medicines (RVMD) initiated with an Outperform at Wolfe Research
- Rolls-Royce (RYCEY) initiated with an Outperform at RBC Capital
- Rubrik (RBRK) initiated with a Buy at Berenberg
- SailPoint (SAIL) initiated with a Buy at Berenberg
- Sabra Health Care (SBRA) initiated with a Neutral at UBS
- Scholar Rock (SRRK) initiated with an Outperform at Wolfe Research
- SentinelOne (S) initiated with a Buy at Berenberg
- Sportradar (SRAD) initiated with an Overweight at Wells Fargo
- SR Bancorp (SRBK) initiated with a Market Perform at Hovde Group
- Soleno Therapeutics (SLNO) initiated with an Outperform at Wolfe Research
- Summit Therapeutics (SMMT) initiated with a Peer Perform at Wolfe Research
- Tango Therapeutics (TNGX) initiated with a Peer Perform at Wolfe Research
- Travel + Leisure (TNL) initiated with an Overweight at Wells Fargo
- Upstream Bio (UPB) initiated with an Outperform at Evercore ISI
- Viking Holdings (VIK) initiated with an Equal Weight at Wells Fargo
- Wynn Resorts (WYNN) initiated with an Overweight at Wells Fargo
- Zscaler (ZS) initiated with a Buy at Berenberg
- AeroVironment (AVAV) initiated with an Outperform at BNP Paribas Exane, tgt $355