>>> US Research Calls

Research Calls
  • Upgrades:
    • Allakos (ALLK) upgraded to Outperform from Mkt Perform at William Blair
    • Bank of Montreal (BMO) upgraded to Buy from Neutral at BofA Securities
    • BNY Mellon (BK) upgraded to Overweight from Neutral at JP Morgan; tgt $54.50
    • Broadstone Net Lease (BNL) upgraded to Overweight from Neutral at JP Morgan; tgt $19
    • Brookfield Asset Mgmt (BAM) upgraded to Buy from Hold at Deutsche Bank
    • Century Aluminum (CENX) upgraded to Peer Perform from Underperform at Wolfe Research
    • Check Point Software (CHKP) upgraded to Outperform from Mkt Perform at Raymond James
    • Canadian Solar (CSIQ) upgraded to Neutral from Sell at Goldman; tgt $25
    • CIBC upgraded to Neutral from Underperform at BofA Securities
    • Cousins Prop (CUZ) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $27
    • Elme Communities (ELME) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $18
    • Entain Plc (GMVHY) upgraded to Buy from Hold at Jefferies
    • EPR Properties (EPR) upgraded to Overweight from Neutral at JP Morgan; tgt $51
    • Equifax (EFX) upgraded to Buy from Hold at Jefferies; tgt raised to $315
    • First Internet Bancorp (INBK) upgraded to Buy from Hold at Craig Hallum; tgt raised to $35
    • Illumina (ILMN) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt $185
    • Kyndryl (KD) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $25
    • Lightspeed (LSPD) upgraded to Neutral from Underweight at JP Morgan; tgt $19
    • Progressive (PGR) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $176
    • Prologis (PLD) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $148
    • Royal Bank of Canada (RY) upgraded to Buy from Neutral at BofA Securities
    • Salesforce (CRM) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $315
    • Snap (SNAP) upgraded to Buy from Neutral at Guggenheim; tgt $23
    • Sunnova Energy (NOVA) upgraded to Buy from Neutral at Goldman; tgt $17
    • Tanger Factory (SKT) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $29
    • Tronox (TROX) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt raised to $18
    • Welltower (WELL) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $99
  • Downgrades:
    • AbbVie (ABBV) downgraded to Hold from Buy at HSBC Securities
    • Affirm (AFRM) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt raised to $20
    • Anywhere Real Estate (HOUS) downgraded to Underweight from Neutral at JP Morgan; tgt $7
    • Archer-Daniels (ADM) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $80
    • Arm Holdings plc (ARM) downgraded to Hold from Buy at Deutsche Bank; tgt raised to $70
    • AVROBIO (AVRO) downgraded to Neutral from Buy at Mizuho
    • Bayer AG (BAYRY) downgraded to Reduce from Hold at HSBC Securities
    • Bread Financial (BFH) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $36
    • Century Communities (CCS) downgraded to Neutral from Outperform at Wedbush; tgt $81
    • CompoSecure (CMPO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $6
    • COPT Defense Properties (COPT) downgraded to Neutral from Overweight at JP Morgan; tgt $26
    • Chubb (CB) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $240
    • Exelon (EXC) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $38
    • Flywire (FLYW) downgraded to Neutral from Overweight at JP Morgan; tgt $29
    • Formula One Group C (FWONK) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $70
    • Masonite International (DOOR) downgraded to Neutral from Outperform at Wedbush; tgt $92
    • M/I Homes (MHO) downgraded to Neutral from Outperform at Wedbush; tgt $116
    • M&T Bank (MTB) downgraded to Hold from Buy at Deutsche Bank; tgt $145
    • Meritage (MTH) downgraded to Neutral from Outperform at Wedbush; tgt $170
    • Nokia (NOK) downgraded to Neutral from Buy at Goldman
    • New York Community (NYCB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $12
    • Novartis AG (NVS) downgraded to Hold from Buy at HSBC Securities
    • Palo Alto Networks (PANW) downgraded to Mkt Perform from Outperform at Raymond James
    • Plymouth Industrial REIT (PLYM) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $25
    • Ready Capital (RC) downgraded to Mkt Perform from Outperform at Raymond James
    • RE/MAX Holdings (RMAX) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $14
    • Roku (ROKU) downgraded to Sell from Neutral at Seaport Research Partners; tgt $75
    • Shopify (SHOP) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
    • Skyline Champion (SKY) downgraded to Neutral from Outperform at Wedbush; tgt $72
    • SolarEdge Technologies (SEDG) downgraded to Sell from Neutral at Goldman; tgt $77
    • SunPower (SPWR) downgraded to Sell from Neutral at Goldman; tgt lowered to $4
    • Taylor Morrison Home (TMHC) downgraded to Neutral from Outperform at Wedbush; tgt $52
    • Toronto-Dominion Bank (TD) downgraded to Neutral from Buy at BofA Securities
    • TRI Pointe Homes (TPH) downgraded to Neutral from Outperform at Wedbush; tgt $32
    • UnitedHealth (UNH) downgraded to Reduce from Hold at HSBC Securities; tgt lowered to $480
  • Others:
    • 360 DigiTech (QFIN) initiated with a Buy at Nomura
    • Amprius Technologies initiated with a Mkt Perform at William Blair (Friday)
    • Ardelyx (ARDX) initiated with a Strong Buy at Raymond James; tgt $12
    • AstraZeneca (AZN) initiated with a Buy at HSBC Securities; tgt $78
    • Atlassian (TEAM) initiated with an Equal Weight at CapitalOne; tgt $238
    • AppLovin (APP) initiated with a Buy at HSBC Securities; tgt $53.20
    • CoStar Group (CSGP) resumed with a Buy at Goldman; tgt $98
    • Bank of Montreal (BMO) resumed with a Buy at Canaccord Genuity
    • Cadrenal Therapeutics (CVKD) initiated with an Outperform at Noble Capital Markets; tgt $4
    • Danaher (DHR) initiated with a Hold at HSBC Securities
    • Enovix (ENVX) initiated with an Outperform at William Blair (Friday)
    • FinVolution Group (FINV) initiated with a Buy at Nomura
    • General Electric (GE) resumed with an Outperform at RBC Capital Mkts; tgt raised to $150
    • KLA Corporation (KLAC) initiated with a Buy at New Street; tgt $730
    • QuantumScape Corporation (QS) initiated with a Mkt Perform at William Blair (Friday)
    • Royal Bank of Canada (RY) resumed with a Buy at Canaccord Genuity
    • SES AI Corporation (SES) initiated with a Mkt Perform at William Blair (Friday)
    • Teva Pharma (TEVA) initiated with a Buy at HSBC Securities; tgt $13
    • Thermo Fisher (TMO) initiated with a Buy at HSBC Securities; tgt $610
    • Toronto-Dominion Bank (TD) resumed with a Buy at Canaccord Genuity
    • The Trade Desk (TTD) initiated with a Buy at HSBC Securities
    • Unity Software (U) initiated with a Hold at HSBC Securities
    • Vera Therapeutics (VERA) initiated with an Outperform at Raymond James; tgt $29