Research Calls
- Upgrades:
- Federated Hermes (FHI) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt raised to $40
- Cadence Design (CDNS) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $175
- McDonald's (MCD) upgraded to Overweight from Neutral at Atlantic Equities; tgt raised to $278
- Oracle (ORCL) upgraded to Outperform from Neutral at Exane BNP Paribas; tgt $90
- Seven Hills Realty Trust (SEVN) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $13.50
- Synopsys (SNPS) upgraded to Neutral from Underperform at BofA Securities; tgt raised to $360
- Downgrades:
- Accenture (ACN) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $320
- Altria (MO) downgraded to Underweight from Equal Weight at Barclays; tgt lowered to $36
- Bath & Body Works (BBWI) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $30
- Cognyte Software (CGNT) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $5
- Crown Castle (CCI) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $183
- Franklin Resources (BEN) downgraded to Underperform from Mkt Perform at Keefe Bruyette
- Janus Henderson Group (JHG) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt lowered to $22
- JOANN Inc. (JOAN) downgraded to Hold from Buy at Loop Capital; tgt lowered to $8
- Pearson Plc (PSO) downgraded to Sell from Neutral at UBS
- Qorvo (QRVO) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $95
- Skyworks (SWKS) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $105
- Texas Instruments (TXN) downgraded to Neutral from Buy at BofA Securities; tgt $175
- Upstart (UPST) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $19
- Victory Capital (VCTR) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $29
- Others:
- Addus HomeCare (ADUS) initiated with a Buy at Stifel; tgt $101
- Amazon (AMZN) initiated with a Buy at Redburn; tgt $270
- Amedisys (AMED) initiated with a Hold at Stifel; tgt $128
- Bally's Corporation (BALY) initiated with an Equal Weight at Barclays; tgt $21
- Blue Bird (BLBD) initiated with a Buy at DA Davidson; tgt $13
- Boise Cascade (BCC) initiated with a Hold at Truist; tgt $64
- Boyd Gaming (BYD) initiated with an Overweight at Barclays; tgt $63
- Caesars Entertainment (CZR) initiated with an Overweight at Barclays; tgt $56
- Carnival (CCL) initiated with an Overweight at Barclays; tgt $14
- Digital Turbine (APPS) initiated with a Buy at B. Riley Securities; tgt $29+
- DraftKings (DKNG) initiated with an Equal Weight at Barclays; tgt $14
- Energy Vault (NRGV) initiated with a Buy at Chardan Capital; tgt $13
- ESS Inc. (GWH) initiated with a Neutral at Chardan Capital Markets; tgt $3.50
- Franklin Resources (BEN) resumed with a Sell at Goldman; tgt $23
- Generac (GNRC) initiated with an Overweight at Wells Fargo; tgt $285
- Hilton (HLT) initiated with an Equal Weight at Barclays; tgt $125
- Hilton Grand Vacations (HGV) initiated with an Overweight at Barclays; tgt $50
- Hyatt Hotels (H) initiated with an Overweight at Barclays; tgt $103
- Las Vegas Sands (LVS) initiated with an Overweight at Barclays; tgt $39
- Lion Electric (LEV) initiated with a Buy at DA Davidson; tgt $7
- Marriott (MAR) initiated with an Overweight at Barclays; tgt $164
- Marriott Vacations (VAC) initiated with an Overweight at Barclays; tgt $136
- Microsoft (MSFT) initiated with a Buy at Redburn; tgt $370
- MongoDB (MDB) initiated with a Sell at Redburn; tgt $190
- Norwegian Cruise Line (NCLH) initiated with an Equal Weight at Barclays; tgt $14
- R1 RCM (RCM) resumed with an Overweight at Barclays; tgt $29
- REV Group (REVG) initiated with a Neutral at DA Davidson; tgt $11
- Royal Caribbean (RCL) initiated with an Overweight at Barclays; tgt $56
- Snowflake (SNOW) initiated with a Neutral at Redburn; tgt $125
- Solid Power (SLDP) initiated with a Buy at Chardan Capital Markets; tgt $8
- Sunnova Energy (NOVA) initiated with an Equal Weight at Wells Fargo; tgt $22
- SunPower (SPWR) initiated with an Underweight at Wells Fargo; tgt $17
- Sunrun (RUN) initiated with a Equal Weight at Wells Fargo; tgt $27
- Travel + Leisure Co (TNL) initiated with an Equal Weight at Barclays; tgt $39
- Vail Resorts (MTN) initiated with an Underweight at Barclays; tgt $217