Various
Analyst Upgrades and Downgrades For the Week of March 25th
Analyst upgrades, downgrades, and more

Thursday, March 28th:
Cuts:
- ROAD: Sidoti Cuts ROAD to Neutral from Buy, price target: $59
- PEB: Compass Point Research Cuts PEB to Neutral from Buy, price target: $17
- GLPG: Tier1 firm Cuts GLPG to Underperform from Neutral, price target: $31 from $41
- MOH: Tier1 firm Cuts MOH to Underperform from Neutral, price target: $439
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Reiterates:
- DIS: Needham Reiterates DIS with Buy, price target: $145 (from $120)
- KOD: Jefferies Reiterates KOD with Hold, price target: $7 (from $3.50)
- UNP: Susquehanna Reiterates UNP with Net Neutral, price target: $255 (from $245)
- NSC: Susquehanna Reiterates NSC with Net Neutral, price target: $270
- CSX: Susquehanna Reiterates CSX with Net Positive, price target: $44
- DASH: JMP Securities Reiterates DASH with Market Outperform, price target: $160
- SQ: Keybanc/Pacific Crest Reiterates SQ with Overweight, price target: $95
- INTU: Keybanc/Pacific Crest Reiterates INTU with Overweight, price target: $720
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Raises:
- MRAI: Maxim Raised MRAI to Buy from Hold, price target: $6
- LE: Craig-Hallum Raised LE to Buy from Hold, price target: $15
- KMB: Evercore ISI Institutional Equities Raised KMB to Outperform from In Line, price target: $150
- EL: Tier1 firm Raised EL to Buy from Neutral, price target: $170 from $160
- OMC: Exane BNP Paribas Raised OMC to Outperform from Neutral, price target: $115
Wednesday, March 27th:
Upgrades:
- OTLK: BTIG Raised OTLK to Buy from Neutral, price target: $50
- GXO: Exane BNP Paribas Raised GXO to Neutral from Underperform, price target: $50
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Downgrades:
- WB: Goldman Sachs Cuts WB to Neutral from Buy, price target: $10.60
- CNXC: Tier1 firm Cuts CNXC to Underperform from Neutral, price target: $60
- TVTX: Guggenheim Securities Cuts TVTX to Neutral from Buy
- LOW: DA Davidson Cuts LOW to Neutral from Buy, price target: $270
- BERY: Truist Cuts BERY to Hold from Buy, price target: $68
- CCK: Truist Cuts CCK to Hold from Buy, price target: $88
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Initiates:
- ANF: Boutique Firm Initiates ANF with Sell
- PRGS: DA Davidson Initiates PRGS with Buy, price target: $65
- IMVT: Oppenheimer Initiates IMVT with Outperform, price target: $50
- XERS: Oppenheimer Initiates XERS with Outperform, price target: $5
- CTBI: Janney Initiates CTBI with Buy, price target: $49
- SWAV: CL King Initiates SWAV with Buy, price target: $368
- LENZ: Piper/Sandler Initiates LENZ with Overweight, price target: $28
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Reiterates:
- NFLX: Wedbush Removes NFLX from Best Ideas List; Reiterates Outperform, price target raised to $725 from $615
- DIS: UBS Reiterates DIS with Buy, price target: $140 (raised from $120)
- AER: Tier1 firm Reiterates AER with Buy, price target: $96 (raised from $80)
- AL: Tier1 firm Reiterates AL with Buy, price target: $70 (raised from $60)
- MRNA: Tier1 firm Reiterates MRNA with Neutral, price target: $120
- CLSK: H.C. Wainright Reiterates CLSK with Buy, price target: $27
- ETNB: H.C. Wainright Reiterates ETNB with Buy, price target: $31
- ATAI: H.C. Wainright Reiterates ATAI with Buy, price target: $20
Tuesday, March 26th:
Reiterated Ratings:
- VKTX: Oppenheimer Reiterates Outperform, price target: $138
- ZTS: Tier1 firm Reiterates Buy, price target: $205
- PRAX: Jefferies Reiterates Buy, price target: $128
- BIIB: Jefferies Reiterates Buy, price target: $285
- VKTX: H.C. Wainright Reiterates Buy, price target: $90
- BA: UBS Reiterates Buy, price target: $250
- DKNG: Susquehanna Reiterates Net Positive, price target: $54
- DIS: Raymond James Reiterates Strong Buy, price target: $128
Upgraded Ratings:
- MKC: Center for Financial Research & Analysis Raised to Buy from Hold, price target: $85
- EW: OTR Global Raised to Positive from Mixed
- STOK: TD Cowen Raised to Outperform from Market Perform
- CLX: Jefferies Raised to Hold from Underperform, price target: $145
- NUVB: BTIG Raised to Buy from Neutral, price target: $5
New Initiations:
- EXR: Barclays Initiates with Overweight, price target: $157
- EGP: Barclays Initiates with Equal Weight, price target: $181
- CUBE: Barclays Initiates with Equal Weight, price target: $48
- WPC: Barclays Initiates with Equal Weight
- WDC: Evercore ISI Institutional Equities Initiates with Outperform, price target: $80
- RDDT: New Street Research Initiates with Neutral, price target: $54
- STRL: Boutique Firm Initiates with Buy
Downgraded Ratings:
- HSY: Exane BNP Paribas Cuts to Neutral from Outperform, price target: $208
- AEHR: Craig-Hallum Cuts to Hold from Buy, price target: $12
- PJT: UBS Cuts to Sell from Neutral, price target: $75 from $100
Monday, March 25th:
Reiterated Ratings:
REGN: Tier1 firm Reiterates Underperform, price target: $710
MGNI: Benchmark Company Reiterates Buy, price target: $18
CTLP: Benchmark Company Reiterates Buy, price target: $10
WLDN: Wedbush, Inc. Reiterates Outperform, price target: $35
RDFN: DA Davidson Reiterates Neutral
PAYS: DA Davidson Reiterates Buy, price target: $4
TSLA: Oppenheimer Reiterates Perform
Downgraded Ratings:
MCD: Argus Cuts to Hold from Buy
PLAY: Raymond James Cuts to Market Perform from Outperform
CW: Truist Cuts to Hold from Buy, price target: $240
BWXT: Truist Cuts to Hold from Buy, price target: $95
SMG: Raymond James Cuts to Market Perform from Strong Buy
KMI: Truist Cuts to Hold from Buy, price target: $20
RIVN: Mizuho Securities Cuts to Neutral from Buy, price target: $12
NIO: Mizuho Securities Cuts to Neutral from Buy, price target: $5.50
TSLA: Mizuho Securities Cuts to Neutral from Buy, price target: $195
Upgraded Ratings:
LH: Argus Raised to Buy from Hold, price target: $250
BXSL: Tier1 firm Raised to Buy from Neutral, price target: $32 from $30
GBDC: Tier1 firm Raised to Buy from Neutral, price target: $17 from $15.50
CAR: Northcoast Research Raised to Buy from Neutral, price target: $155
FL: Evercore ISI Institutional Equities Raised to Outperform from In Line, price target: $32
TPX: Loop Capital Raised to Buy from Sell, price target: $75
MASI: Wells Fargo Raised to Overweight from Equal Weight, price target: $160
New Initiations:
SMCI: JPMorgan Chase and Co Initiates with Overweight, price target: $1,150
CCL: Mizuho Securities Initiates with Buy, price target: $21
MGM: Mizuho Securities Initiates with Buy, price target: $61
H: Mizuho Securities Initiates with Buy, price target: $197
HLT: Mizuho Securities Initiates with Buy, price target: $245
BYD: Mizuho Securities Initiates with Buy, price target: $80
DKNG: Mizuho Securities Initiates with Buy, price target: $58
CART: Macquarie Initiates with Outperform, price target: $42
DKS: Boutique Firm Initiates with Underperform, price target: $223
