Research Calls I
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Upgrades:
- Alerus Financial (ALRS) upgraded to Outperform from Mkt Perform at Raymond James; tgt $24
- AppLovin (APP) upgraded to Buy from Neutral at UBS; tgt raised to $145
- Aramark (ARMK) upgraded/resumed to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $42.50
- Banc of California (BANC) upgraded to Outperform from Mkt Perform at Raymond James; tgt $16
- BioNTech (BNTX) upgraded to Buy from Hold at Jefferies; tgt raised to $150
- Dime Community (DCOM) upgraded to Strong Buy from Outperform at Raymond James; tgt raised to $35
- Entergy (ETR) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $138
- Gannett (GCI) upgraded to Neutral from Sell at Citigroup, added to 90-day positive catalyst watch; tgt $5.10
- GE Vernova (GEV) upgraded to Buy from Neutral at BofA Securities; tgt raised to $300
- Hewlett Packard Enterprise (HPE) upgraded to Buy from Neutral at BofA Securities; tgt raised to $24
- Lattice Semi (LSCC) upgraded to Buy from Hold at Stifel; tgt $55
- LivaNova (LIVN) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $66
- Relmada Therapeutics (RLMD) upgraded to Buy from Hold at Jefferies; tgt raised to $13
- Shopify (SHOP) upgraded to Buy from Neutral at Redburn Atlantic; tgt $99
- Synovus (SNV) upgraded to Outperform from Mkt Perform at Raymond James; tgt $49
- Texas Capital (TCBI) upgraded to Outperform from Mkt Perform at Raymond James; tgt $78
- Torrid (CURV) upgraded to Outperform from Mkt Perform at William Blair
- Veritex Holdings (VBTX) upgraded to Strong Buy from Mkt Perform at Raymond James; tgt $30
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Downgrades:
- Acushnet (GOLF) downgraded to Hold from Buy at Jefferies; tgt lowered to $75
- Adecoagro S.A. (AGRO) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $12.50
- Bank OZK (OZK) downgraded to Mkt Perform from Outperform at Raymond James
- Old Second Bancorp Inc. (OSBC) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $18
- Prosperity Bancshares (PB) downgraded to Outperform from Strong Buy at Raymond James; tgt $80
- SolarEdge Technologies (SEDG) downgraded to Underperform from Hold at Jefferies; tgt lowered to $17
- Viasat (VSAT) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $15
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Others:
- Antero Resources (AR) initiated with a Neutral at Citigroup; tgt $29
- Carvana (CVNA) resumed with a Buy at BofA Securities; tgt $185
- Definitive Healthcare (DH) initiated with a Buy at BTIG Research; tgt $7
- Dell (DELL) initiated with an Outperform at Mizuho; tgt $135
- Fidelis Insurance Holdings Limited (FIHL) initiated with a Neutral at Goldman; tgt $18.50
- JAKKS Pacific (JAKK) initiated with a Buy at B. Riley Securities; tgt $37
- Jefferies (JEF) initiated with a Buy at UBS; tgt $67
- Lightspeed (LSPD) initiated with a Buy at The Benchmark Company; tgt $20
- Oruka Therapeutics (ORKA) initiated with an Outperform at Leerink Partners; tgt $44
- Palantir Technologies (PLTR) added to BofA Securities' US 1 List
- Rhythm Pharmaceuticals (RYTM) initiated with a Mkt Outperform at JMP Securities; tgt $64
- S&P Global (SPGI) removed from BofA Securities' US 1 List
- Sempra Energy (SRE) added to BofA Securities' US 1 List
- Super Micro Computer (SMCI) initiated with a Neutral at Mizuho; tgt $450