Various
Analyst Upgrades and Downgrades For the Week of May 6th
Analyst upgrades, downgrades, and more
By Justin Nugent · April 1, 2024

Wednesday, May 8th:
Upgrades:
- Alignment Healthcare (ALHC)
- Brokerage Firm: Piper Sandler
- Ratings Change: Neutral >> Overweight
- Price Target: $6 >> $8
- Datadog (DDOG)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Neutral >> Outperform
- Price Target: $130 >> $140
- Energizer (ENR)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Underweight >> Equal-Weight
- Price Target: $33
- Envestnet (ENV)
- Brokerage Firm: Jefferies
- Ratings Change: Underperform >> Hold
- Price Target: $47 >> $59
- HireRight Holdings (HRT)
- Brokerage Firm: William Blair
- Ratings Change: Mkt Perform >> Outperform
- Hexcel (HXL)
- Brokerage Firm: Wells Fargo
- Ratings Change: Equal Weight >> Overweight
- Price Target: $81 >> $95
- Intl Flavors (IFF)
- Brokerage Firm: JP Morgan
- Ratings Change: Neutral >> Overweight
- Price Target: $75 >> $100
- Nutanix (NTNX)
- Brokerage Firm: Raymond James
- Ratings Change: Mkt Perform >> Outperform
- Price Target: $72
- Old Dominion (ODFL)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Neutral >> Outperform
- Price Target: $205
- Orthofix (OFIX)
- Brokerage Firm: ROTH MKM
- Ratings Change: Neutral >> Buy
- Price Target: $15 >> $20
- Boston Beer Co (SAM)
- Brokerage Firm: Deutsche Bank
- Ratings Change: Sell >> Hold
- Price Target: $273
- Confluent (CFLT)
- Brokerage Firm: Canaccord Genuity
- Ratings Change: Hold >> Buy
- Price Target: $35
- Crexendo (CXDO)
- Brokerage Firm: B. Riley Securities
- Ratings Change: Neutral >> Buy
- Price Target: $6.75 >> $5.75
- ExlService (EXLS)
- Brokerage Firm: Wedbush
- Ratings Change: Neutral >> Outperform
- Price Target: $34 >> $40
- Redfin (RDFN)
- Brokerage Firm: Stephens
- Ratings Change: Equal-Weight >> Overweight
- Price Target: $8 >> $9
- ADTRAN (ADTN)
- Brokerage Firm: Northland Capital
- Ratings Change: Market Perform >> Outperform
- Price Target: $7.5
- Myriad Genetics (MYGN)
- Brokerage Firm: Leerink Partners
- Ratings Change: Market Perform >> Outperform
- Price Target: $25 >> $35
- SK Telecom (SKM)
- Brokerage Firm: Nomura
- Ratings Change: Reduce >> Neutral
Downgrades:
- Definitive Healthcare (DH)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Overweight >> Equal-Weight
- Price Target: $11.5 >> $9
- DoubleVerify (DV)
- Brokerage Firm: KeyBanc Capital Markets
- Ratings Change: Overweight >> Sector Weight
- Golub Capital (GBDC)
- Brokerage Firm: Raymond James
- Ratings Change: Outperform >> Mkt Perform
- WK Kellogg Co (KLG)
- Brokerage Firm: Exane BNP Paribas
- Ratings Change: Neutral >> Underperform
- Price Target: $20
- NASDAQ (NDAQ)
- Brokerage Firm: Rosenblatt
- Ratings Change: Buy >> Neutral
- Price Target: $76 >> $64
- Nuvei Corporation (NVEI)
- Brokerage Firm: JP Morgan
- Ratings Change: Overweight >> Neutral
- Price Target: $32 >> $34
- Premier (PINC)
- Brokerage Firm: Canaccord Genuity
- Ratings Change: Buy >> Hold
- Price Target: $27 >> $21
- Runway Growth Finance (RWAY)
- Brokerage Firm: Compass Point
- Ratings Change: Buy >> Neutral
- Price Target: $12.75
- Rhythm Pharmaceuticals (RYTM)
- Brokerage Firm: BofA Securities
- Ratings Change: Buy >> Neutral
- Price Target: $49 >> $42
- Saratoga Investment (SAR)
- Brokerage Firm: Oppenheimer
- Ratings Change: Outperform >> Perform
- Shoals Technologies (SHLS)
- Brokerage Firm: ROTH MKM
- Ratings Change: Buy >> Neutral
- Price Target: $15 >> $8
- Treace Medical Concepts (TMCI)
- Brokerage Firm: BTIG Research
- Ratings Change: Buy >> Neutral
- Treace Medical Concepts (TMCI)
- Brokerage Firm: JP Morgan
- Ratings Change: Overweight >> Neutral
- Price Target: $15 >> $8
- Vishay Precision (VPG)
- Brokerage Firm: B. Riley Securities
- Ratings Change: Buy >> Neutral
- Price Target: $37 >> $36
- Victoria’s Secret (VSCO)
- Brokerage Firm: Barclays
- Ratings Change: Equal Weight >> Underweight
- Price Target: $14
- WideOpenWest (WOW)
- Brokerage Firm: Raymond James
- Ratings Change: Outperform >> Mkt Perform
- ZoomInfo (ZI)
- Brokerage Firm: Goldman
- Ratings Change: Neutral >> Sell
- Price Target: $19.5 >> $12
- ZoomInfo (ZI)
- Brokerage Firm: Piper Sandler
- Ratings Change: Overweight >> Neutral
- Price Target: $24 >> $15
- Treace Medical Concepts (TMCI)
- Brokerage Firm: Stifel
- Ratings Change: Buy >> Hold
- Price Target: $15 >> $6
- ZoomInfo (ZI)
- Brokerage Firm: Mizuho
- Ratings Change: Buy >> Neutral
- Price Target: $23
Coverage Initiated:
- Sutro Biopharma (STRO):
- Brokerage Firm: BofA Securities
- Ratings Change: Buy
- Price Target: $12
- Advanced Drainage Systems (WMS):
- Brokerage Firm: Northcoast
- Ratings Change: Buy
- Price Target: $190
Tuesday, May 7th:
Upgrades
- Advanced Micro (AMD)
- Brokerage Firm: DZ Bank
- Ratings Change: Hold >> Buy
- Price Target: $190
- Design Therapeutics (DSGN)
- Brokerage Firm: Piper Sandler
- Ratings Change: Neutral >> Overweight
- Price Target: $6 >> $12
- Gap (GPS)
- Brokerage Firm: Citigroup
- Ratings Change: Neutral >> Buy
- Price Target: $21 >> $28
- Cloudflare (NET)
- Brokerage Firm: DZ Bank
- Ratings Change: Hold >> Buy
- Price Target: $95
- Omnicom (OMC)
- Brokerage Firm: Barclays
- Ratings Change: Equal Weight >> Overweight
- Price Target: $100 >> $110
- Philips (PHG)
- Brokerage Firm: Exane BNP Paribas
- Ratings Change: Underperform >> Neutral
- Insulet (PODD)
- Brokerage Firm: Wolfe Research
- Ratings Change: Peer Perform >> Outperform
- Price Target: $200
- Sunstone Hotel (SHO)
- Brokerage Firm: Compass Point
- Ratings Change: Sell >> Neutral
- Price Target: $10 >> $12
- Target (TGT)
- Brokerage Firm: Citigroup
- Ratings Change: Neutral >> Buy
- Price Target: $180
- Ubisoft (UBSFY)
- Brokerage Firm: Stifel
- Ratings Change: Hold >> Buy
- Vale S.A. (VALE)
- Brokerage Firm: UBS
- Ratings Change: Neutral >> Buy
- Price Target: $13 >> $15
- Cognex (CGNX)
- Brokerage Firm: HSBC Securities
- Ratings Change: Hold >> Buy
Downgrades
- CVS Health (CVS)
- Brokerage Firm: TD Cowen
- Ratings Change: Buy >> Hold
- Price Target: $99 >> $59
- Integra (IART)
- Brokerage Firm: Wells Fargo
- Ratings Change: Overweight >> Equal Weight
- Price Target: $45 >> $25
- Lyra Therapeutics (LYRA)
- Brokerage Firm: BofA Securities
- Ratings Change: Buy >> Underperform
- Lyra Therapeutics (LYRA)
- Brokerage Firm: Jefferies
- Ratings Change: Buy >> Hold
- Price Target: $10 >> $0.5
- Lyra Therapeutics (LYRA)
- Brokerage Firm: H.C. Wainwright
- Ratings Change: Buy >> Neutral
- Price Target: $12 >> $2
- Teradata (TDC)
- Brokerage Firm: BofA Securities
- Ratings Change: Neutral >> Underperform
- Price Target: $48 >> $39
- Vestis (VSTS)
- Brokerage Firm: Redburn Atlantic
- Ratings Change: Buy >> Neutral
- Price Target: $13.4
- Integra (IART)
- Brokerage Firm: Oppenheimer
- Ratings Change: Outperform >> Perform
Coverage Initiated
- Corning (GLW)
- Brokerage Firm: Mizuho
- Ratings Change: Neutral
- Price Target: $36
- Metagenomi (MGX)
- Brokerage Firm: H.C. Wainwright
- Ratings Change: Buy
- Price Target: $10
- Summit Therapeutics (SMMT)
- Brokerage Firm: Citigroup
- Ratings Change: Buy
- Price Target: $7
- UL Solutions Inc. (ULS)
- Brokerage Firm: BofA Securities
- Ratings Change: Buy
- Price Target: $42
- UL Solutions Inc. (ULS)
- Brokerage Firm: Wells Fargo
- Ratings Change: Overweight
- Price Target: $40
- UL Solutions Inc. (ULS)
- Brokerage Firm: Citigroup
- Ratings Change: Buy
- Price Target: $41
- UL Solutions Inc. (ULS)
- Brokerage Firm: Stifel
- Ratings Change: Buy
- Price Target: $40
- UL Solutions Inc. (ULS)
- Brokerage Firm: JP Morgan
- Ratings Change: Overweight
- Price Target: $39
- UL Solutions Inc. (ULS)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Outperform
- Price Target: $40
- UL Solutions Inc. (ULS)
- Brokerage Firm: Jefferies
- Ratings Change: Buy
- Price Target: $42
- UL Solutions Inc. (ULS)
- Brokerage Firm: UBS
- Ratings Change: Neutral
- Price Target: $38
- UL Solutions Inc. (ULS)
- Brokerage Firm: Goldman
- Ratings Change: Neutral
- Price Target: $39
- UL Solutions Inc. (ULS)
- Brokerage Firm: Raymond James
- Ratings Change: Outperform
- Price Target: $42
- UL Solutions Inc. (ULS)
- Brokerage Firm: William Blair
- Ratings Change: Outperform
- Ares Management (ARES)
- Brokerage Firm: TD Cowen
- Ratings Change: Buy
- Price Target: $154
- LanzaTech (LNZA)
- Brokerage Firm: TD Cowen
- Ratings Change: Hold
- Price Target: $3
Monday, May 6th:
Upgrades
- Bausch + Lomb (BLCO)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Overweight
- Price Target: $16 >> $18
- Blueprint Medicines (BPMC)
- Brokerage Firm: Leerink Partners
- Ratings Change: Underperform >> Market Perform
- Price Target: $50 >> $97
- Banco Santander Brasil (BSBR)
- Brokerage Firm: BofA Securities
- Ratings Change: Neutral >> Buy
- Camden Property (CPT)
- Brokerage Firm: Piper Sandler
- Ratings Change: Underweight >> Neutral
- Price Target: $90 >> $110
- CytomX Therapeutics (CTMX)
- Brokerage Firm: Jefferies
- Ratings Change: Hold >> Buy
- Price Target: $2.5 >> $8
- Glaukos (GKOS)
- Brokerage Firm: Jefferies
- Ratings Change: Hold >> Buy
- Price Target: $84 >> $125
- Mid-America Aptmt (MAA)
- Brokerage Firm: Wedbush
- Ratings Change: Neutral >> Outperform
- Price Target: $135 >> $154
- Melco Resorts & Entertainment (MLCO)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Overweight
- Price Target: $8.3 >> $9.6
- Micron (MU)
- Brokerage Firm: Robert W. Baird
- Ratings Change: Neutral >> Outperform
- Price Target: $115 >> $150
- Silicon Motion (SIMO)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Overweight
- Price Target: $59 >> $88
- Sensata Tech (ST)
- Brokerage Firm: Evercore ISI
- Ratings Change: In-line >> Outperform
- Price Target: $44 >> $60
- Wolverine (WWW)
- Brokerage Firm: Seaport Research Partners
- Ratings Change: Neutral >> Buy
- Price Target: $15
- U.S. Steel (X)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Overweight
- Price Target: $51 >> $48
- Chemomab Therapeutics (CMMB)
- Brokerage Firm: Oppenheimer
- Ratings Change: Perform >> Outperform
- Price Target: $6
- ModivCare (MODV)
- Brokerage Firm: Lake Street
- Ratings Change: Hold >> Buy
- Price Target: $50
Downgrades
- Comerica (CMA)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $56
- Johnson Controls (JCI)
- Brokerage Firm: UBS
- Ratings Change: Buy >> Neutral
- Price Target: $74 >> $68
- Peloton (PTON)
- Brokerage Firm: Citigroup
- Ratings Change: Buy >> Neutral
- Price Target: $8 >> $4
- Ryan Specialty Group (RYAN)
- Brokerage Firm: Wolfe Research
- Ratings Change: Outperform >> Peer Perform
- Victoria’s Secret (VSCO)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Equal-Weight >> Underweight
- Price Target: $19 >> $15
- Uniti Group (UNIT)
- Brokerage Firm: Raymond James
- Ratings Change: Strong Buy >> Outperform
- Price Target: $8 >> $6
- Carpenter Tech (CRS)
- Brokerage Firm: Northcoast
- Ratings Change: Buy >> Neutral
- Daqo New Energy (DQ)
- Brokerage Firm: HSBC Securities
- Ratings Change: Hold >> Reduce
- Price Target: $23.5 >> $17.5
- LuxUrban Hotels (LUXH)
- Brokerage Firm: Northland Capital
- Ratings Change: Outperform >> Market Perform
- Lyra Therapeutics (LYRA)
- Brokerage Firm: William Blair
- Ratings Change: Outperform >> Mkt Perform
Coverage Initiated
- EHang (EH)
- Brokerage Firm: Morgan Stanley
- Ratings Change: Overweight
- Price Target: $27.5
- enCore Energy Corp. (EU)
- Brokerage Firm: H.C. Wainwright
- Ratings Change: Buy
- Price Target: $7.5
- Flutter Entertainment (FLUT)
- Brokerage Firm: MoffettNathanson
- Ratings Change: Buy
- Price Target: $240
- Jasper Therapeutics (JSPR)
- Brokerage Firm: H.C. Wainwright
- Ratings Change: Buy
- Price Target: $65
- PACS Group (PACS)
- Brokerage Firms: RBC Capital Mkts, Truist, Oppenheimer, Citigroup, JP Morgan, Stephens
- Ratings Change: Outperform, Buy, Outperform, Buy, Overweight, Overweight
- Price Targets: $30, $32, $31, $32, $27, $31
- Eton Pharmaceuticals (ETON)
- Brokerage Firm: Craig Hallum
- Ratings Change: Buy
- Price Target: $8
