Research Calls I
- Upgrades:
- Fidelity Nat'l Info (FIS) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $135
- New Oriental Education & Technology (EDU) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $24
- Quanta Services (PWR) upgraded to Buy from Neutral at UBS; tgt raised to $156
- Tesla (TSLA) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt lowered to $1100
- Downgrades:
- Covetrus (CVET) downgraded to Hold from Buy at Stifel; tgt $22
- DocuSign (DOCU) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $50
- Invesco (IVZ) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $20
- Kosmos Energy (KOS) downgraded to Hold from Buy at Berenberg
- Micron (MU) downgraded to Hold from Buy at Summit Insights
- New Residential Investment (NRZ) downgraded to Underweight from Neutral at Piper Sandler; tgt lowered to $10
- T. Rowe Price (TROW) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $135
- Volta (VLTA) downgraded to Neutral from Overweight at Cantor Fitzgerald; tgt lowered to $4
- Zendesk (ZEN) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $80
- Others:
- Bausch Health (BHC) resumed with an Overweight at JP Morgan; tgt $12
- EQRx (EQRX) initiated with a Buy at Goldman; tgt $8
- Forma Therapeutics (FMTX) resumed with an Overweight at Cantor Fitzgerald; tgt lowered to $21
- Silvergate Capital (SI) initiated with an Overweight at Wells Fargo; tgt $120
- Starry (STRY) initiated with a Buy at MoffettNathanson; tgt $11
