Research Calls
- Upgrades:
- Banco Santander (SAN) upgraded to Buy from Neutral at Citigroup
- BRF SA (BRFS) upgraded to Neutral from Underweight at JP Morgan
- China Life Insurance (LFC) upgraded to Buy from Hold at DBS Bank
- Cogent Communications (CCOI) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $64
- Hyatt Hotels (H) upgraded to Outperform from In-line at Evercore ISI; tgt $100
- Prologis (PLD) upgraded to Outperform from In-line at Evercore ISI; tgt lowered to $127
- Downgrades:
- CS Disco (LAW) downgraded to Hold from Buy at Loop Capital; tgt lowered to $10
- Douglas Emmett (DEI) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $24
- Keurig Dr Pepper (KDP) downgraded to Neutral from Buy at Goldman; tgt lowered to $37
- SGS SA (SGSOY) downgraded to Sector Perform from Outperform at RBC Capital Mkts
- Others:
- Arcos Dorados (ARCO) initiated with an Overweight at Barclays; tgt $9
- Cincinnati Fincl (CINF) initiated with a Neutral at BofA Securities; tgt $92
- Core Scientific (CORZ) initiated with a Buy at Compass Point; tgt $4
- Dynavax (DVAX) initiated with a Mkt Outperform at JMP Securities; tgt $22
- EnLink Midstream (ENLC) initiated with a Buy at Stifel; tgt $12.50
- FirstCash (FCFS) initiated with a Hold at Loop Capital; tgt $80
- Grupo Aeroportuario (OMAB) resumed with a Neutral at Citigroup; tgt $56.50
- Guild Holdings (GHLD) initiated with a Buy at Jefferies; tgt $15
- Lucid Group (LCID) initiated with an Overweight at Cantor Fitzgerald; tgt $23
- McDonald's (MCD) placed on 90-day Negative Catalyst Watch at Citigroup