Analyst Upgrades and Downgrades For the Week of July 1st

July 2nd

Upgrades – Tuesday, July 02, 2024

• Bank of America (BAC)
  • Brokerage Firm: Seaport Research Partners
  • Ratings Change: Neutral >> Buy
  • Price Target: $48
• Comerica (CMA)
  • Brokerage Firm: Raymond James
  • Ratings Change: Mkt Perform >> Outperform
  • Price Target: $60
• Principal Financial (PFG)
  • Brokerage Firm: JP Morgan
  • Ratings Change: Underweight >> Neutral
  • Price Target: $88 >> $96
• PayPal (PYPL)
  • Brokerage Firm: Susquehanna
  • Ratings Change: Neutral >> Positive
  • Price Target: $71
• Atlassian (TEAM)
  • Brokerage Firm: Piper Sandler
  • Ratings Change: Neutral >> Overweight
  • Price Target: $200 >> $225
• First Citizens BancShares (FCNCA)
  • Brokerage Firm: Raymond James
  • Ratings Change: Mkt Perform >> Outperform
  • Price Target: $1900

Downgrades – Tuesday, July 02, 2024

• CrowdStrike (CRWD)
  • Brokerage Firm: Piper Sandler
  • Ratings Change: Overweight >> Neutral
  • Price Target: $400
• D.R. Horton (DHI)
  • Brokerage Firm: Citigroup
  • Ratings Change: Buy >> Neutral
  • Price Target: $181 >> $156
• Fiverr (FVRR)
  • Brokerage Firm: UBS
  • Ratings Change: Buy >> Neutral
  • Price Target: $37 >> $25
• Goldman Sachs (GS)
  • Brokerage Firm: Seaport Research Partners
  • Ratings Change: Buy >> Neutral
• Incyte (INCY)
  • Brokerage Firm: BMO Capital Markets
  • Ratings Change: Market Perform >> Underperform
  • Price Target: $52 >> $48
• CS Disco (LAW)
  • Brokerage Firm: JP Morgan
  • Ratings Change: Neutral >> Underweight
  • Price Target: $8 >> $5
• Lennar (LEN)
  • Brokerage Firm: Citigroup
  • Ratings Change: Buy >> Neutral
  • Price Target: $174 >> $164
  • Brokerage Firm: Raymond James
  • Ratings Change: Outperform >> Mkt Perform
• Medical Properties Trust (MPW)
  • Brokerage Firm: Exane BNP Paribas
  • Ratings Change: Outperform >> Neutral
  • Price Target: $4
• Pure Storage (PSTG)
  • Brokerage Firm: UBS
  • Ratings Change: Neutral >> Sell
  • Price Target: $44 >> $47
• Shoals Technologies (SHLS)
  • Brokerage Firm: Citigroup
  • Ratings Change: Buy >> Sell
  • Price Target: $15 >> $5
• WideOpenWest (WOW)
  • Brokerage Firm: Raymond James
  • Ratings Change: Mkt Perform >> Underperform
• Millicom International Cellular (TIGO)
  • Brokerage Firm: HSBC Securities
  • Ratings Change: Buy >> Hold
• Cartesian Therapeutics (RNAC)
  • Brokerage Firm: Oppenheimer
  • Ratings Change: Outperform >> Perform
• Ardelyx (ARDX)
  • Brokerage Firm: Piper Sandler
  • Ratings Change: Overweight >> Neutral
  • Price Target: $15 >> $7

Coverage Initiated – Tuesday, July 02, 2024

• Bank of Montreal (BMO)
  • Brokerage Firm: UBS
  • Ratings Change: Neutral
• Bank of Nova Scotia (BNS)
  • Brokerage Firm: UBS
  • Ratings Change: Neutral
• CIBC (CM)
  • Brokerage Firm: UBS
  • Ratings Change: Neutral
• Gauzy (GAUZ)
  • Brokerage Firm: B. Riley Securities
  • Ratings Change: Buy
  • Price Target: $21
• GE Vernova (GEV)
  • Brokerage Firm: Redburn Atlantic
  • Ratings Change: Neutral
  • Price Target: $178
• CGI Group (GIB)
  • Brokerage Firm: Jefferies
  • Ratings Change: Buy
  • Price Target: $120
• Life360 (LIF)
  • Brokerage Firm: Stifel
  • Ratings Change: Buy
  • Price Target: $37
• MiMedx Group (MDXG)
  • Brokerage Firm: Cantor Fitzgerald
  • Ratings Change: Overweight
  • Price Target: $11
• Rapport Therapeutics (RAPP)
  • Brokerage Firm: Stifel
  • Ratings Change: Buy
  • Price Target: $35
  • Brokerage Firm: Jefferies
  • Ratings Change: Buy
  • Price Target: $35
• Royal Bank of Canada (RY)
  • Brokerage Firm: UBS
  • Ratings Change: Buy
• Toronto-Dominion Bank (TD)
  • Brokerage Firm: UBS
  • Ratings Change: Neutral
• Viking Holdings Ltd (VIK)
  • Brokerage Firm: Barclays
  • Ratings Change: Overweight
  • Price Target: $39
• Waystar Holding Corp. (WAY)
  • Brokerage Firm: Canaccord Genuity
  • Ratings Change: Buy
  • Price Target: $30
  • Brokerage Firm: Raymond James
  • Ratings Change: Outperform
  • Price Target: $30
  • Brokerage Firm: RBC Capital Mkts
  • Ratings Change: Outperform
  • Price Target: $27
  • Brokerage Firm: William Blair
  • Ratings Change: Outperform
  • Brokerage Firm: Evercore ISI
  • Ratings Change: Outperform
  • Price Target: $25
  • Brokerage Firm: JP Morgan
  • Ratings Change: Overweight
  • Price Target: $24
  • Brokerage Firm: Goldman
  • Ratings Change: Buy
  • Price Target: $32
  • Brokerage Firm: Deutsche Bank
  • Ratings Change: Buy
  • Price Target: $27
  • Brokerage Firm: Barclays
  • Ratings Change: Overweight
  • Price Target: $24
• TeraWulf (WULF)
  • Brokerage Firm: ROTH MKM
  • Ratings Change: Buy
  • Price Target: $6.5
• Schrodinger (SDGR)
  • Brokerage Firm: Leerink Partners
  • Ratings Change: Outperform
  • Price Target: $29
• Wipro (WIT)
  • Brokerage Firm: Nomura
  • Ratings Change: Buy

July 1st

Upgrades – Monday, July 01, 2024

• Adient (ADNT) – Exane BNP Paribas: Underperform >> Neutral, Price Target: $26
• Adecoagro S.A. (AGRO) – JP Morgan: Underweight >> Neutral, Price Target: $10.5 >> $11.5
• Birkenstock Holding Plc (BIRK) – UBS: Neutral >> Buy, Price Target: $52 >> $85
• Americold Realty Trust (COLD) – Wolfe Research: Peer Perform >> Outperform, Price Target: $31
• Intercontinental Exchange (ICE) – Goldman: Neutral >> Buy, Price Target: $143 >> $167
• Magna (MGA) – Exane BNP Paribas: Neutral >> Outperform
• Teleflex (TFX) – Piper Sandler: Neutral >> Overweight, Price Target: $205 >> $245
• Makita Corporation (MKTAY) – Goldman: Neutral >> Buy
• British Land (BTLCY) – HSBC Securities: Reduce >> Hold
• Centrica (CPYYY) – Berenberg: Hold >> Buy
• Stora Enso OYJ (SEOAY) – Citigroup: Neutral >> Buy

Downgrades – Monday, July 01, 2024

• Amedisys (AMED) – William Blair: Outperform >> Mkt Perform
• ICF International (ICFI) – Truist: Buy >> Hold, Price Target: $168 >> $155
• NextEra Energy Partners (NEP) – RBC Capital Mkts: Outperform >> Sector Perform, Price Target: $38 >> $30
• Cassava Sciences (SAVA) – H.C. Wainwright: Buy >> Neutral
• Zimmer Biomet (ZBH) – Piper Sandler: Overweight >> Neutral, Price Target: $140 >> $115
• Akzo Nobel N.V. (AKZOY) – Goldman: Neutral >> Sell

Coverage Initiated – Monday, July 01, 2024

• Amkor (AMKR) – JP Morgan: Overweight, Price Target: $48
• American Tower (AMT) – Goldman: Buy, Price Target: $230
• Altice USA (ATUS) – Goldman: Sell, Price Target: $2
• AxoGen (AXGN) – Raymond James: Outperform, Price Target: $13
• Cogent Communications (CCOI) – Goldman: Neutral, Price Target: $56
• Charter Comm (CHTR) – Goldman: Sell, Price Target: $250
• Digital Realty Trust (DLR) – Goldman: Buy, Price Target: $175
• Drilling Tools International (DTI) – Alliance Global Partners: Buy, Price Target: $8.5
• Equinix (EQIX) – Goldman: Buy, Price Target: $870
• Frontier Communications Parent (FYBR) – Goldman: Buy, Price Target: $29
• Gauzy (GAUZ) – TD Cowen: Buy, Price Target: $24
• Gauzy (GAUZ) – Stifel: Buy, Price Target: $18
• Gannett (GCI) – JMP Securities: Mkt Outperform, Price Target: $6
• Lumen Technologies (LUMN) – Goldman: Sell, Price Target: $1
• AT&T (T) – Goldman: Buy, Price Target: $22
• Talkspace (TALK) – Needham: Hold
• T-Mobile US (TMUS) – Goldman: Buy, Price Target: $200
• Verizon (VZ) – Goldman: Buy, Price Target: $50
• W.R. Berkley (WRB) – TD Cowen: Buy, Price Target: $103
• IHS Holding Limited (IHS) – Goldman: Neutral, Price Target: $3.5