Research Calls I
- Upgrades:
- American Express (AXP) upgraded to Outperform from Neutral at Robert W. Baird; tgt $175
- AZEK (AZEK) upgraded to Buy from Neutral at BofA Securities; tgt lowered to $22
- Capital One (COF) upgraded to Outperform from Neutral at Robert W. Baird; tgt $145
- Equinor (EQNR) upgraded to Neutral from Underweight at JP Morgan
- Fifth Third (FITB) upgraded to Outperform from Neutral at Robert W. Baird; tgt $44
- M&T Bank (MTB) upgraded to Outperform from Neutral at Robert W. Baird; tgt $200
- NextEra Energy Partners (NEP) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $89
- Utz Brands (UTZ) upgraded to Buy from Neutral at Goldman; tgt $16
- ZIM Integrated Shipping (ZIM) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $53.30
- Downgrades:
- American Eagle (AEO) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $13
- CF Industries (CF) downgraded to Neutral from Buy at Citigroup; tgt lowered to $99
- Dow (DOW) downgraded to Neutral from Buy at Citigroup; tgt lowered to $60
- Dream Finders Homes (DFH) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $10.50
- MDC Holdings (MDC) downgraded to Underweight from Equal Weight at Wells Fargo; tgt $27
- Meritage (MTH) downgraded to Underweight from Equal Weight at Wells Fargo; tgt $65
- Olin (OLN) downgraded to Neutral from Buy at Citigroup; tgt lowered to $55
- Owens Corning (OC) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $80
- PROG Holdings (PRG) downgraded to Mkt Perform from Outperform at Raymond James
- Roblox (RBLX) downgraded to Hold from Buy at Truist; tgt lowered to $29
- Toll Brothers (TOL) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $48
- Urban Outfitters (URBN) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $23
- Westlake Corporation (WLK) downgraded to Neutral from Buy at Citigroup; tgt lowered to $114
- Others:
- Acadia Healthcare (ACHC) initiated with a Hold at Loop Capital; tgt $72
- Anthem (ANTM) initiated with a Buy at Loop Capital; tgt $550
- Apellis Pharmaceuticals (APLS) resumed with a Buy at Stifel; tgt $60
- APi Group (APG) initiated with a Neutral at JP Morgan; tgt $17
- Archaea Energy (LFG) initiated with an Overweight at Barclays; tgt $26
- Beam Global (BEEM) initiated with a Buy at B. Riley Securities; tgt $23
- Beam Therapeutics (BEAM) initiated with a Market Perform at BMO Capital Markets; tgt $41
- BeiGene (BGNE) initiated with a Buy at CMB Int'l
- Blink Charging (BLNK) initiated with a Neutral at B. Riley Securities; tgt $15
- Broadmark Realty (BRMK) initiated with a Neutral at Piper Sandler; tgt $7
- Centene (CNC) initiated with a Buy at Loop Capital; tgt $100
- Centessa Pharmaceuticals (CNTA) initiated with an Outperform at BMO Capital Markets; tgt $19
- Cigna (CI) initiated with a Hold at Loop Capital; tgt $270
- Community Health (CYH) initiated with a Hold at Loop Capital; tgt $5
- CC Neuberger Principal Holdings II (PRPB) initiated with a Buy at The Benchmark Company; tgt $12
- CRH Plc. (CRH) resumed with a Buy at Citigroup
- CRISPR Therapeutics (CRSP) initiated with an Outperform at BMO Capital Markets; tgt $98
- CVS Health (CVS) initiated with a Buy at Loop Capital; tgt $120
- Grab (GRAB) initiated with a Buy at Deutsche Bank; tgt $3.20
- Graphite Bio (GRPH) initiated with an Outperform at BMO Capital Markets; tgt $12
- HCA (HCA) initiated with a Buy at Loop Capital; tgt $240
- Hub Group (HUBG) initiated with a Buy at The Benchmark Company; tgt $90
- Humana (HUM) initiated with a Buy at Loop Capital; tgt $510
- Intellia Therapeutics (NTLA) initiated with a Market Perform at BMO Capital Markets; tgt $54
- Legend Biotech (LEGN) initiated with an Outperform at BMO Capital Markets; tgt $77
- Molina Healthcare (MOH) initiated with a Hold at Loop Capital; tgt $310
- Precision BioSciences (DTIL) initiated with an Outperform at BMO Capital Markets; tgt $7
- Tritium DCFC (DCFC) initiated with a Buy at B. Riley Securities; tgt $12
- Tenet Healthcare (THC) initiated with a Buy at Loop Capital; tgt $80
- UnitedHealth (UNH) initiated with a Buy at Loop Capital; tgt $575
- Universal Health (UHS) initiated with a Hold at Loop Capital; tgt $115
- Verve Therapeutics (VERV) initiated with an Outperform at BMO Capital Markets; tgt $48
- ZimVie (ZIMV) initiated with a Neutral at JP Morgan; tgt $20
Early premarket gappers
- Gapping up:
- X +7.3%, JG +6.9%, UWMC +6.6%, MEI +5%, ROKU +4.8%, AJRD +4.6%, CTRN +4.4%, ZIP +3.8%, BALL +3.2%, BHC +3%, REAX +2.5%, BGS +2.4%, WPC +2.3%, CO +1.7%, GVA +1.3%, OAS +1.2%, TGT +1.1%, OEC +1%
- Gapping down:
- RYTM -10.3%, ADBE -3.4%, DRTS -3.2%, EFC -3%, ZI -3%, FTI -2.2%, OWL -1.5%, TRGP -0.8%
>>> Up
* Aumann Raised to Buy at Citi; PT 18.50 euros
* Equinor Raised to Neutral at JPMorgan; PT 350 kroner
* E.On Raised to Buy at Goldman; PT 12.50 euros
* Ferrari Raised to Accumulate at Banca Akros (+)
* Frontier Developments Raised to Hold at Numis; PT 1,450 pence
* Hammerson Raised to Hold at SocGen; PT 21.80 pence
>>> Down
* Colruyt Cut to Reduce at HSBC; PT 25 euros
* Elektro Importoren Cut to Hold at DNB Markets; PT 65 kroner (+)
* Eurofins Scientific Cut to Hold at SocGen; PT 80.40 euros
* Volvo Cars Cut to Sell at DNB Markets; PT 62 kronor (+)
>>> Initiation
* Enad Global 7 Rated New Buy at Kepler Cheuvreux; PT 29 kronor (+)
* G5 Entertainment Rated New Buy at Kepler Cheuvreux (+)
>>> Call
* Aumann Upgraded to Buy at Citi on Upside From EV Order Growth
* Citi’s Manthey Likes UK and Swiss Banks’ Resilience to Selloff (+)
* Equinor Raised as Gas Prices Soar, JPMorgan Sees Further Risk (+)
>>> Up
* Aumann Raised to Buy at Citi; PT 18.50 euros
* Equinor Raised to Neutral at JPMorgan; PT 350 kroner
* E.On Raised to Buy at Goldman; PT 12.50 euros
* Ferrari Raised to Accumulate at Banca Akros (+)
* Frontier Developments Raised to Hold at Numis; PT 1,450 pence
* Hammerson Raised to Hold at SocGen; PT 21.80 pence
>>> Down
* Colruyt Cut to Reduce at HSBC; PT 25 euros
* Eurofins Scientific Cut to Hold at SocGen; PT 80.40 euros
>>> Initiation
* Enad Global 7 Rated New Buy at Kepler Cheuvreux; PT 29 kronor (+)
* G5 Entertainment Rated New Buy at Kepler Cheuvreux (+)
>>> Call
* Aumann Upgraded to Buy at Citi on Upside From EV Order Growth
* Citi’s Manthey Likes UK and Swiss Banks’ Resilience to Selloff (+)
* Equinor Raised as Gas Prices Soar, JPMorgan Sees Further Risk (+)
- Prosus (1TY TH) +2%
- Just Eat Takeaway (T5W TH) +1.8%
- EssilorLuxottica (ESL TH) +1.8%
- EssilorLuxottica to Buy Back as Many as 2.5M Shares
- Imperial Brands (ITB TH) +1.5%
- Tobacco Credit Profiles Robust Despite M&A and Regulatory Risk
- E.On (EOAN TH) +1.5%
- Delivery Hero (DHER TH) +1.2%
- TUI (TUI1 TH) +1.2%
- AstraZeneca (ZEG TH) +1.1%
- Glencore (8GC TH) +1.1%
- Glencore Trading Profit Is on Course to Smash Through Its Record
- BP (BPE5 TH) -0.7%
- Fresenius Medical (FME TH) -0.8%
- Maersk (DP4B TH) -0.9%
- AP Moller: Maersk Asia Pacific market update (January 2022) -
- Tomra (TMRA TH) -1%
- BE Semiconductor (BSI TH) -1.1%
- Repsol (REP TH) -1.2%
- Verbund (OEWA TH) -1.4%
- Equinor (DNQ TH) -1.8%
- Shell (R6C0 TH) -1.9%
- CD Projekt (7CD TH) -3.5%
DAX:
- E.On (EOAN TH) +1.7%
- E.On Raised to Buy at Goldman; PT 12.50 euros
- Delivery Hero (DHER TH) +1.5%
- Zalando (ZAL TH) +1.2%
- Airbus (AIR TH) +1.2%
MDAX:
- Jungheinrich (JUN3 TH) +1.5%
- Aroundtown (AT1 TH) +1.4%
- TAG Immobilien (TEG TH) +1.2%
- ProSieben (PSM TH) +1%
- Varta (VAR1 TH) -0.7%
SDAX:
- Grenke (GLJ TH) +2.4%
- Heidelberger Druck (HDD TH) +2.2%
- Deutsche PBB (PBB TH) +1.6%
- Kloeckner (KCO TH) +1.6%
- SMA Solar (S92 TH) +1.3%
- BayWa (BYW6 TH) -1.2%
>>> Up
* Aumann Raised to Buy at Citi; PT 18.50 euros
* Equinor Raised to Neutral at JPMorgan; PT 350 kroner
* E.On Raised to Buy at Goldman; PT 12.50 euros
* Frontier Developments Raised to Hold at Numis; PT 1,450 pence
* Hammerson Raised to Hold at SocGen; PT 21.80 pence
>>> Down
* Colruyt Cut to Reduce at HSBC; PT 25 euros
* Eurofins Scientific Cut to Hold at SocGen; PT 80.40 euros
>>> Initiation
>>> Call
* Aumann Upgraded to Buy at Citi on Upside From EV Order Growth