This report was sent to Briefing.com subscribers earlier today.
Research calls posted earlier this morning are available here.
Upgrades:
> Ardelyx (ARDX) upgraded to Outperform from Neutral at Wedbush; tgt raised to $6
> Arkema S.A. (ARKAY) upgraded to Buy from Neutral at Goldman
> Asana (ASAN) upgraded to Buy from Neutral at DA Davidson; tgt $18
> Bilibili (BILI) upgraded to Buy from Neutral at Citigroup; tgt $28
> Flowers Foods (FLO) upgraded to Hold from Sell at Deutsche Bank; tgt $27
> LivePerson (LPSN) upgraded to Buy from Hold at Craig Hallum; tgt raised to $15
> Marathon Petroleum (MPC) upgraded to Buy from Hold at Jefferies; tgt raised to $157
> Neurocrine Biosciences (NBIX) upgraded to Outperform from In-line at Evercore ISI; tgt $130
> Pioneer Natural Resources (PXD) upgraded to Equal Weight from Underweight at Wells Fargo; tgt lowered to $220
> RadNet (RDNT) upgraded to Outperform from Mkt Perform at Raymond James; tgt $30
> Rio Tinto (RIO) upgraded to Conviction Buy from Buy at Goldman
> Samsara (IOT) upgraded to Buy from Neutral at Goldman; tgt raised to $27
> Stellantis (STLA) upgraded to Outperform from Sector Perform at RBC Capital Mkts
> Toronto-Dominion Bank (TD) upgraded to Sector Outperform from Sector Perform at Scotiabank
> Weibo (WB) upgraded to Buy from Hold at Bocom International; tgt $25.60
Downgrades:
> BRP Group (BRP) downgraded to Mkt Perform from Outperform at William Blair
> CareDx (CDNA) downgraded to Hold from Buy at Craig Hallum; tgt lowered to $9
> FEMSA (FMX) downgraded to Equal Weight from Overweight at Barclays; tgt $100
> Galp Energia (GLPEY) downgraded to Neutral from Overweight at JP Morgan
> Schindler (SHLAF) downgraded to Reduce from Hold at HSBC Securities
> SKF (SKFRY) downgraded to Hold from Buy at HSBC Securities
> Tesla (TSLA) downgraded to Neutral from Outperform at KGI Securities; tgt $196
> Vestas Wind Systems (VWDRY) downgraded to Reduce from Hold at HSBC Securities
> Vornado Rlty Trust (VNO) downgraded to Underperform from Market Perform at BMO Capital Markets; tgt lowered to $18
> Zurich Insurance Group (ZURVY) downgraded to Underweight from Overweight at JP Morgan
Others:
> CompoSecure (CMPO) initiated with a Buy at Compass Point; tgt $15
> Enliven Therapeutics (ELVN) initiated with an Outperform at TD Cowen
> New Gold (NGD) resumed with a Sector Perform at Scotiabank; tgt $1.25
> Nextracker (NXT) initiated with an Overweight at Cantor Fitzgerald; tgt $40
> SmartFinancial (SMBK) resumed with a Mkt Perform at Raymond James
> The Trade Desk (TTD) initiated with a Neutral at BTIG Research
> Towne Bank (TOWN) resumed with an Outperform at Raymond James; tgt $34
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