Friday, April 19th:

Upgrades

• Bank of America (BAC)
  • Brokerage Firm: Wolfe Research
  • Ratings Change: Peer Perform >> Outperform
  • Price Target: $42
• Shift4 Payments (FOUR)
  • Brokerage Firm: Redburn Atlantic
  • Ratings Change: Sell >> Neutral
  • Price Target: $53
• First Solar (FSLR)
  • Brokerage Firm: Wells Fargo
  • Ratings Change: Equal Weight >> Overweight
  • Price Target: $187 >> $250
• ICHOR Corporation (ICHR)
  • Brokerage Firm: B. Riley Securities
  • Ratings Change: Neutral >> Buy
  • Price Target: $40 >> $48
• Lam Research (LRCX)
  • Brokerage Firm: B. Riley Securities
  • Ratings Change: Neutral >> Buy
  • Price Target: $870 >> $1100
• Shopify (SHOP)
  • Brokerage Firm: Morgan Stanley
  • Ratings Change: Equal-Weight >> Overweight
  • Price Target: $74 >> $85
• Rush Street Interactive (RSI)
  • Brokerage Firm: Craig Hallum
  • Ratings Change: Hold >> Buy
  • Price Target: $7 >> $8
• Netflix (NFLX)
  • Brokerage Firm: Needham
  • Ratings Change: Hold >> Buy
  • Price Target: $700

Downgrades

• Arm Holdings plc (ARM)
  • Brokerage Firm: Exane BNP Paribas
  • Ratings Change: Outperform >> Neutral
  • Price Target: $100
• AngloGold Ashanti (AU)
  • Brokerage Firm: HSBC Securities
  • Ratings Change: Hold >> Reduce
• Hershey Foods (HSY)
  • Brokerage Firm: Edward Jones
  • Ratings Change: Buy >> Hold
• Magnolia Oil & Gas (MGY)
  • Brokerage Firm: Piper Sandler
  • Ratings Change: Overweight >> Neutral
  • Price Target: $29
• Netflix (NFLX)
  • Brokerage Firm: Canaccord Genuity
  • Ratings Change: Buy >> Hold
  • Price Target: $720 >> $585
• Sunnova Energy (NOVA)
  • Brokerage Firm: Wells Fargo
  • Ratings Change: Overweight >> Equal Weight
  • Price Target: $11 >> $6
• O-I Glass (OI)
  • Brokerage Firm: BofA Securities
  • Ratings Change: Buy >> Neutral
  • Price Target: $21 >> $16
• ON Semiconductor (ON)
  • Brokerage Firm: Exane BNP Paribas
  • Ratings Change: Neutral >> Underperform
  • Price Target: $55
• Southwestern Energy (SWN)
  • Brokerage Firm: Piper Sandler
  • Ratings Change: Overweight >> Neutral
  • Price Target: $8 >> $7
• Ulta Beauty (ULTA)
  • Brokerage Firm: Jefferies
  • Ratings Change: Buy >> Hold
  • Price Target: $585 >> $438
• Crown Castle (CCI)
  • Brokerage Firm: Argus
  • Ratings Change: Buy >> Hold
• Synovus (SNV)
  • Brokerage Firm: Keefe Bruyette
  • Ratings Change: Outperform >> Mkt Perform
  • Price Target: $46 >> $38
• Harmony Gold (HMY)
  • Brokerage Firm: HSBC Securities
  • Ratings Change: Hold >> Reduce
• Pure Storage (PSTG)
  • Brokerage Firm: Raymond James
  • Ratings Change: Strong Buy >> Outperform
  • Price Target: $52 >> $63

Coverage Initiated

• AZEK (AZEK)
  • Brokerage Firm: The Benchmark Company
  • Ratings Change: Buy
  • Price Target: $55
• Instacart (CART)
  • Brokerage Firm: Loop Capital
  • Ratings Change: Buy
  • Price Target: $46
• DoorDash (DASH)
  • Brokerage Firm: Loop Capital
  • Ratings Change: Buy
  • Price Target: $170
• Deluxe (DLX)
  • Brokerage Firm: Northcoast
  • Ratings Change: Buy
  • Price Target: $27
• Inspire Medical Systems (INSP)
  • Brokerage Firm: RBC Capital Mkts
  • Ratings Change: Outperform
  • Price Target: $285
• RMR Group (RMR)
  • Brokerage Firm: JMP Securities
  • Ratings Change: Mkt Perform
• Delek Logistics Partners (DKL)
  • Brokerage Firm: Truist
  • Ratings Change: Buy
  • Price Target: $46
• H World Group (HTHT)
  • Brokerage Firm: Macquarie
  • Ratings Change: Outperform
  • Price Target: $48

Thursday, April 18th:

Upgrades:

• Barnes Group
  • Ticker: B
  • Brokerage Firm: DA Davidson
  • Ratings Change: Neutral to Buy
  • Price Target: $35 to $45
• eBay
  • Ticker: EBAY
  • Brokerage Firm: Morgan Stanley
  • Ratings Change: Underweight to Overweight
  • Price Target: $35 to $62
• JetBlue Airways
  • Ticker: JBLU
  • Brokerage Firm: JP Morgan
  • Ratings Change: Underweight to Neutral
  • Price Target: $7
• Kite Realty
  • Ticker: KRG
  • Brokerage Firm: Jefferies
  • Ratings Change: Hold to Buy
  • Price Target: $23
• Linde plc
  • Ticker: LIN
  • Brokerage Firm: Mizuho
  • Ratings Change: Neutral to Buy
  • Price Target: $510
• Mueller Water
  • Ticker: MWA
  • Brokerage Firm: Oppenheimer
  • Ratings Change: Perform to Outperform
  • Price Target: $19
• North American Construction Group
  • Ticker: NOA
  • Brokerage Firm: TD Cowen
  • Ratings Change: Hold to Buy
• Six Flags
  • Ticker: SIX
  • Brokerage Firm: B. Riley Securities
  • Ratings Change: Neutral to Buy
  • Price Target: $30 to $31
• SL Green Realty
  • Ticker: SLG
  • Brokerage Firm: BMO Capital Markets
  • Ratings Change: Market Perform to Outperform
  • Price Target: $56 to $58
• Western Midstream
  • Ticker: WES
  • Brokerage Firm: Wolfe Research
  • Ratings Change: Underperform to Peer Perform
• Zoom Video
  • Ticker: ZM
  • Brokerage Firm: Rosenblatt
  • Ratings Change: Neutral to Buy
  • Price Target: $75
• Zscaler
  • Ticker: ZS
  • Brokerage Firm: KeyBanc Capital Markets
  • Ratings Change: Sector Weight to Overweight
  • Price Target: $220
• Intl Flavors
  • Ticker: IFF
  • Brokerage Firm: Barclays
  • Ratings Change: Underweight to Equal Weight
• Westlake Corporation
  • Ticker: WLK
  • Brokerage Firm: Deutsche Bank
  • Ratings Change: Hold to Buy
  • Price Target: $138 to $174
• Johnson & Johnson
  • Ticker: JNJ
  • Brokerage Firm: HSBC Securities
  • Ratings Change: Hold to Buy
  • Price Target: $170
• Dynatrace
  • Ticker: DT
  • Brokerage Firm: Cleveland Research
  • Ratings Change: Neutral to Buy
• Badger Meter
  • Ticker: BMI
  • Brokerage Firm: Northcoast
  • Ratings Change: Sell to Neutral

Downgrades

• Arch Resources
  • Ticker: ARCH
  • Brokerage Firm: Citigroup
  • Ratings Change: Buy to Neutral
  • Price Target: $185 to $170
• Azul S.A.
  • Ticker: AZUL
  • Brokerage Firm: BofA Securities
  • Ratings Change: Neutral to Underperform
  • Price Target: $18 to $9.5
• BJ’s Wholesale
  • Ticker: BJ
  • Brokerage Firm: Loop Capital
  • Ratings Change: Buy to Hold
  • Price Target: $85 to $80
• Etsy
  • Ticker: ETSY
  • Brokerage Firm: Morgan Stanley
  • Ratings Change: Equal-Weight to Underweight
  • Price Target: $65 to $55
• Knight-Swift
  • Ticker: KNX
  • Brokerage Firm: Loop Capital
  • Ratings Change: Buy to Hold
  • Price Target: $63 to $53
• Match Group
  • Ticker: MTCH
  • Brokerage Firm: Morgan Stanley
  • Ratings Change: Overweight to Equal-Weight
  • Price Target: $53 to $37
• The Duckhorn Portfolio
  • Ticker: NAPA
  • Brokerage Firm: Barclays
  • Ratings Change: Overweight to Equal Weight
  • Price Target: $11 to $8
• Pacific Biosciences
  • Ticker: PACB
  • Brokerage Firm: Goldman
  • Ratings Change: Buy to Neutral
  • Price Target: $7 to $2.5
• Synovus
  • Ticker: SNV
  • Brokerage Firm: Raymond James
  • Ratings Change: Strong Buy to Mkt Perform
• Tenaris
  • Ticker: TS
  • Brokerage Firm: Morgan Stanley
  • Ratings Change: Overweight to Underweight
  • Price Target: $40
• Tesla
  • Ticker: TSLA
  • Brokerage Firm: Deutsche Bank
  • Ratings Change: Buy to Hold
  • Price Target: $189 to $123
• U.S. Bancorp
  • Ticker: USB
  • Brokerage Firm: Keefe Bruyette
  • Ratings Change: Outperform to Mkt Perform
  • Price Target: $52 to $45
• Williams Cos
  • Ticker: WMB
  • Brokerage Firm: Wolfe Research
  • Ratings Change: Peer Perform to Underperform
  • Price Target: $34
• Cabot
  • Ticker: CBT
  • Brokerage Firm: Deutsche Bank
  • Ratings Change: Buy to Hold
• Taiwan Semiconductor Manufacturing
  • Ticker: TSM
  • Brokerage Firm: Daiwa Securities
  • Ratings Change: Buy to Outperform

Coverage Initiated

• AES
  • Ticker: AES
  • Brokerage Firm: Mizuho
  • Ratings Change: Buy
  • Price Target: $21
• Beacon Roofing Supply
  • Ticker: BECN
  • Brokerage Firm: The Benchmark Company
  • Ratings Change: Buy
  • Price Target: $135
• FTAI Infrastructure
  • Ticker: FIP
  • Brokerage Firm: BTIG Research
  • Ratings Change: Buy
  • Price Target: $10
• Greif
  • Ticker: GEF
  • Brokerage Firm: Truist
  • Ratings Change: Hold
  • Price Target: $71

Wednesday, April 17th:

Upgrades

• Antero Resources (AR)
  • Brokerage Firm: Morgan Stanley
  • Ratings Change: Equal-Weight >> Overweight
  • Price Target: $26 >> $36
• Commerce Bancshares (CBSH)
  • Brokerage Firm: Raymond James
  • Ratings Change: Mkt Perform >> Outperform
  • Price Target: $61
• Danaher (DHR)
  • Brokerage Firm: HSBC Securities
  • Ratings Change: Hold >> Buy
  • Price Target: $280
• e.l.f. Beauty (ELF)
  • Brokerage Firm: TD Cowen
  • Ratings Change: Hold >> Buy
  • Price Target: $220 >> $190
• Group 1 Auto (GPI)
  • Brokerage Firm: Guggenheim
  • Ratings Change: Neutral >> Buy
  • Price Target: $305
• Hancock Whitney (HWC)
  • Brokerage Firm: Citigroup
  • Ratings Change: Neutral >> Buy
  • Price Target: $48 >> $50
• Legend Biotech (LEGN)
  • Brokerage Firm: Scotiabank
  • Ratings Change: Sector Perform >> Sector Outperform
  • Price Target: $65
• Medical Properties Trust (MPW)
  • Brokerage Firm: Deutsche Bank
  • Ratings Change: Sell >> Hold
  • Price Target: $5
• Omnicom (OMC)
  • Brokerage Firm: Wells Fargo
  • Ratings Change: Equal Weight >> Overweight
  • Price Target: $91 >> $106
• Strategic Education (STRA)
  • Brokerage Firm: Truist
  • Ratings Change: Hold >> Buy
  • Price Target: $110 >> $125
• Toronto-Dominion Bank (TD)
  • Brokerage Firm: Scotiabank
  • Ratings Change: Sector Perform >> Sector Outperform

Downgrades

• EQT Corp. (EQT)
  • Brokerage Firm: Wells Fargo
  • Ratings Change: Overweight >> Equal Weight
  • Price Target: $48 >> $37
• Fortive (FTV)
  • Brokerage Firm: JP Morgan
  • Ratings Change: Overweight >> Neutral
  • Price Target: $95 >> $90
• Marsh McLennan (MMC)
  • Brokerage Firm: Piper Sandler
  • Ratings Change: Overweight >> Neutral
  • Price Target: $211
• Urban Outfitters (URBN)
  • Brokerage Firm: Jefferies
  • Ratings Change: Hold >> Underperform
  • Price Target: $42 >> $32
• Volkswagen AG (VWAGY)
  • Brokerage Firm: Bernstein
  • Ratings Change: Outperform >> Mkt Perform
• YPF Soc. Anonima (YPF)
  • Brokerage Firm: Citigroup
  • Ratings Change: Buy >> Neutral
  • Price Target: $24
• Vista Energy (VIST)
  • Brokerage Firm: Citigroup
  • Ratings Change: Buy >> Neutral
  • Price Target: $40 >> $50
• Boeing (BA)
  • Brokerage Firm: Northcoast
  • Ratings Change: Neutral >> Sell
  • Price Target: $140
• SAGE Therapeutics (SAGE)
  • Brokerage Firm: BofA Securities
  • Ratings Change: Neutral >> Underperform
  • Price Target: $24 >> $14

Coverage Initiated:

• GE Vernova (GEV)
  • Brokerage Firm: Raymond James
  • Ratings Change: Outperform
  • Price Target: $160
• Canoo (GOEV)
  • Brokerage Firm: The Benchmark Company
  • Ratings Change: Buy
  • Price Target: $5
• Mirum Pharmaceuticals (MIRM)
  • Brokerage Firm: Stifel
  • Ratings Change: Buy
  • Price Target: $48
• Nuvalent (NUVL)
  • Brokerage Firm: Jefferies
  • Ratings Change: Buy
  • Price Target: $97
• Royal Caribbean (RCL)
  • Brokerage Firm: Mizuho
  • Ratings Change: Buy
  • Price Target: $164
• Enphase Energy (ENPH)
  • Brokerage Firm: DZ Bank
  • Ratings Change: Hold
• First Solar (FSLR)
  • Brokerage Firm: DZ Bank
  • Ratings Change: Buy
• SolarEdge Technologies (SEDG)
  • Brokerage Firm: DZ Bank
  • Ratings Change: Hold
• Blue Owl Capital Corporation III (OBDE)
  • Brokerage Firm: Oppenheimer
  • Ratings Change: Outperform
  • Price Target: $16
• Beyond, Inc. (BYON)
  • Brokerage Firm: Maxim Group
  • Ratings Change: Buy
  • Price Target: $50
• Amazon (AMZN)
  • Brokerage Firm: Maxim Group
  • Ratings Change: Buy
  • Price Target: $218
• Apple (AAPL)
  • Brokerage Firm: Maxim Group
  • Ratings Change: Hold
  • Price Target: $178
• Lovesac (LOVE)
  • Brokerage Firm: Maxim Group
  • Ratings Change: Buy
  • Price Target: $36
• Vivid Seats (SEAT)
  • Brokerage Firm: Maxim Group
  • Ratings Change: Buy
  • Price Target: $7
• GE Vernova (GEV)
  • Brokerage Firm: Exane BNP Paribas
  • Ratings Change: Outperform
  • Price Target: $177
• Haleon plc (HLN)
  • Brokerage Firm: HSBC Securities
  • Ratings Change: Buy

Tuesday, April 16th:

Upgrades:

• Advanced Micro (AMD) upgraded from Hold to Buy by HSBC Securities, with a price target raised from $180 to $225.
• Avalo Therapeutics (AVTX) upgraded from Perform to Outperform by Oppenheimer, with a price target of $35.
• Crown (CCK) upgraded from Neutral to Outperform by Robert W. Baird, with a price target increased from $85 to $90.
• CNO Financial (CNO) upgraded from Neutral to Overweight by Piper Sandler, with a price target of $29.
• Goldman Sachs (GS) upgraded from Hold to Buy by Argus, with a price target set at $465.
• Kroger (KR) upgraded from Equal Weight to Overweight by Wells Fargo, with a price target raised from $58 to $65.
• TD Synnex (SNX) upgraded from Neutral to Buy by UBS, with a price target increased from $115 to $145.
• Tyson Foods (TSN) upgraded from Underweight to Overweight by Barclays, with a price target raised from $53 to $69.
• Descartes (DSGX) upgraded from Neutral to Sector Outperform by CIBC, with a price target of $101.
• FB Financial (FBK) upgraded from Market Perform to Outperform by Hovde Group, with a price target of $40.5, and from Neutral to Overweight by Piper Sandler, with a price target of $41.
• AstraZeneca (AZN) changed from Sell to Hold by Deutsche Bank.

Downgrades

• Berry Global (BERY) downgraded from Outperform to Neutral by Robert W. Baird, with a price target decreased from $68 to $65.
• Hims & Hers Health (HIMS) downgraded from Buy to Hold by Jefferies, with a price target lowered from $17 to $15.
• Honeywell (HON) downgraded from Buy to Hold by Deutsche Bank, with a price target reduced from $227 to $215.
• Integral Ad Science (IAS) downgraded from Overweight to Equal-Weight by Morgan Stanley, with a price target decreased from $18 to $12.
• Marinus Pharmaceuticals (MRNS) downgraded from Outperform to Neutral by Robert W. Baird, with a price target lowered from $20 to $2.
• ArcelorMittal (MT) downgraded from Buy to Hold by Deutsche Bank, with a price target reduced from $34 to $31.
• Pilgrim’s Pride (PPC) downgraded from Overweight to Equal Weight by Barclays, with a price target raised from $35 to $38.
• Logitech Int’l SA (LOGI) downgraded from Hold to Sell by Deutsche Bank.

Monday, April 15th:

Upgrades:

• Adidas AG (ADDYY):
  • Morgan Stanley upgraded from Underweight to Overweight.
• BRF SA (BRFS):
  • JP Morgan upgraded from Neutral to Overweight.
• Churchill Downs (CHDN):
  • Wells Fargo upgraded from Equal Weight to Overweight.
  • Price target raised from $137 to $141.
• Coupang (CPNG):
  • Citigroup upgraded from Neutral to Buy.
  • Price target raised from $19 to $26.
• Cisco (CSCO):
  • BofA Securities upgraded from Neutral to Buy.
  • Price target raised from $55 to $60.
• Extreme Networks (EXTR):
  • B. Riley Securities upgraded from Neutral to Buy.
  • Price target not provided.
• Frontier Communications Parent (FYBR):
  • Citigroup upgraded from Neutral to Buy.
  • Price target raised from $28 to $30.
• Gerdau S.A. (GGB):
  • JP Morgan upgraded from Neutral to Overweight.
• Integer Holdings (ITGR):
  • BofA Securities upgraded from Neutral to Buy.
  • Price target raised from $105 to $135.
• Lockheed Martin (LMT):
  • JP Morgan upgraded from Neutral to Overweight.
  • Price target raised from $475 to $518.
• Masimo (MASI):
  • Stifel upgraded from Hold to Buy.
  • Price target raised from $148 to $170.
• Pentair (PNR):
  • Northcoast upgraded from Neutral to Buy.
  • Price target not provided.
• PVH (PVH):
  • Wedbush upgraded from Neutral to Outperform.
  • Price target not provided.
• Constellation Brands (STZ):
  • Argus upgraded from Hold to Buy.
  • Price target not provided.
• Triumph Group (TGI):
  • JP Morgan upgraded from Underweight to Neutral.
  • Price target raised from $13 to $17.
• OrganiGram (OGI):
  • Alliance Global Partners upgraded from Neutral to Buy.

Downgrades:

• AvidXchange (AVDX):
  • Goldman downgraded from Neutral to Sell.
  • Price target lowered from $13 to $11.5.
• BASF AG (BASFY):
  • Exane BNP Paribas downgraded from Neutral to Underperform.
• Brunswick (BC):
  • Exane BNP Paribas downgraded from Outperform to Neutral.
  • Price target lowered from $94 to $82.
• CRH Plc. (CRH):
  • Stifel downgraded from Buy to Hold.
  • Price target raised from $80 to $82.
• Clipper Realty (CLPR):
  • Raymond James downgraded from Outperform to Underperform.
• Logitech Int’l SA (LOGI):
  • Morgan Stanley downgraded from Equal-Weight to Underweight.
  • Price target lowered from $85 to $75.
• ServiceNow (NOW):
  • Guggenheim downgraded from Buy to Neutral.
• Rollins (ROL):
  • UBS downgraded from Buy to Neutral.
  • Price target not provided.
• Malibu Boats (MBUU):
  • Raymond James downgraded from Outperform to Market Perform.
• TelevisaUnivision (TV):
  • BofA Securities downgraded from Buy to Neutral.
• Marinus Pharmaceuticals (MRNS):
  • RBC Capital Markets downgraded from Outperform to Sector Perform.
  • Price target lowered from $24 to $3.

Coverage Initiated:

• Astera Labs (ALAB):
  • Needham: Buy, $85.
  • Stifel: Buy, $81.
  • ROTH MKM: Buy, $85.
  • JP Morgan: Overweight, $85.
  • Morgan Stanley: Overweight, $81.
  • Barclays: Overweight, $85.
  • Deutsche Bank: Buy, $85.
  • Jefferies: Buy, $85.
  • Craig Hallum: Buy, $90.
• AppLovin (APP):
  • Daiwa Securities: Neutral, $80.
• CAVA Group (CAVA):
  • Barclays: Equal Weight, $58.
• Coty (COTY):
  • Canaccord Genuity: Buy, $14.
• enGene Holdings (ENGN):
  • Guggenheim: Buy, $34.
• 4D Molecular Therapeutics (FDMT):
  • Barclays: Overweight, $45.
• GE Vernova (GEV):
  • Mizuho: Buy, $154.
• Hilton Grand Vacations (HGV):
  • JP Morgan: Overweight, $59.
• Immunome (IMNM):
  • Guggenheim: Buy, $35.
• Janus International Group (JBI):
  • Jefferies: Buy, $20.
• Bitdeer Technologies (BTDR):
  • Needham: Buy, $14.
• Reddit (RDDT):
  • Loop Capital: Buy, $55.
  • Raymond James: Strong Buy, $50.
  • JP Morgan: Neutral, $47.
  • ROTH MKM: Buy, $50.
  • Goldman: Neutral, $40.
  • Piper Sandler: Overweight, $50.
  • Morgan Stanley: Equal-Weight, $45.
  • JMP Securities: Market Outperform, $53.
  • Citigroup: Buy, $53.
• NN Inc (NNBR):
  • Noble Capital Markets: Outperform, $6.
• SharkNinja (SN):
  • UBS: Buy, $76.
• Wynn Resorts (WYNN):
  • Seaport Research Partners: Neutral.
• Interface (TILE):
  • Barrington Research: Outperform, $20.