FT : Research Calls I

Research Calls I
  • Upgrades:
    • Block (SQ) upgraded to Outperform from Mkt Perform at Raymond James; tgt $115
    • Boyd Gaming (BYD) upgraded to Buy from Hold at Jefferies; tgt raised to $92
    • Carlyle Group (CG) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $60
    • Chewy (CHWY) upgraded to Outperform from Peer Perform at Wolfe Research
    • Chord Energy (CHRD) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $155
    • C.H. Robinson (CHRW) upgraded to Positive from Neutral at Susquehanna; tgt raised to $130
    • Delek US Holdings (DK) upgraded to Peer Perform from Underperform at Wolfe Research
    • Devon Energy (DVN) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $45
    • Diamondback Energy (FANG) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $190
    • EOG Resources (EOG) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $143
    • Fidelity National (FNF) upgraded to Buy from Hold at Deutsche Bank
    • Gulfport Energy (GPOR) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $207
    • Hub Group (HUBG) upgraded to Positive from Neutral at Susquehanna; tgt $55
    • J.B. Hunt Transport (JBHT) upgraded to Positive from Neutral at Susquehanna; tgt $200
    • JPMorgan Chase (JPM) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $269
    • Knight-Swift (KNX) upgraded to Positive from Neutral at Susquehanna; tgt raised to $67
    • Las Vegas Sands (LVS) upgraded to Buy from Hold at Jefferies; tgt raised to $69
    • Matador Resources (MTDR) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $72
    • Phillips 66 (PSX) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $143
    • PulteGroup (PHM) upgraded to Outperform from Neutral at Wedbush; tgt $135
    • Range Resources (RRC) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $42
    • Robert Half (RHI) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $80
    • Shell plc (SHEL) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $80
    • Steel Dynamics (STLD) upgraded to Outperform from Neutral at Exane BNP Paribas
    • Surrozen (SRZN) upgraded to Buy from Neutral at Guggenheim; tgt $45
    • Vital Energy (VTLE) upgraded to Peer Perform from Underperform at Wolfe Research
    • Werner Enterprises (WERN) upgraded to Neutral from Negative at Susquehanna; tgt $38
    • Workiva (WK) upgraded to Outperform from Mkt Perform at Raymond James; tgt $135
  • Downgrades:
    • ACADIA Pharmaceuticals (ACAD) downgraded to Neutral from Buy at Guggenheim; tgt lowered to $20
    • BNY Mellon (BK) downgraded to Peer Perform from Outperform at Wolfe Research
    • Bumble Inc. (BMBL) downgraded to Peer Perform from Outperform at Wolfe Research
    • Commercial Metals (CMC) downgraded to Neutral from Outperform at Exane BNP Paribas
    • Immunovant Sciences (IMVT) downgraded to Peer Perform from Outperform at Wolfe Research
    • Imperial Oil (IMO) downgraded to Peer Perform from Outperform at Wolfe Research
    • Intapp (INTA) downgraded to Mkt Perform from Outperform at Raymond James
    • Lazard (LAZ) downgraded to Peer Perform from Outperform at Wolfe Research
    • Portland Gen Elec (POR) downgraded to Neutral from Buy at UBS; tgt lowered to $47
    • Red Rock Resorts (RRR) downgraded to Hold from Buy at Jefferies; tgt lowered to $51
    • RingCentral (RNG) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $45
    • TWFG, Inc. (TWFG) downgraded to Neutral from Overweight at JP Morgan; tgt raised to $33
    • Vertex (VERX) downgraded to Mkt Perform from Outperform at Raymond James
    • Vista Energy (VIST) downgraded to Neutral from Buy at UBS; tgt raised to $64
  • Others:
    • Elevation Oncology (ELEV) initiated with an Outperform at William Blair
    • LandBridge (LB) initiated with a Buy at Goldman; tgt $71