UPGRADES
Acadia Realty Trust (AKR)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $18
Amneal Pharmaceuticals (AMRX)
Brokerage Firm: Barclays | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $4.50 » $6
Amneal Pharmaceuticals (AMRX)
Brokerage Firm: Guggenheim | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $5.50
Brandywine Realty (BDN)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $14
CareTrust REIT (CTRE)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $24
Clorox (CLX)
Brokerage Firm: Citigroup | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $238 » $249
Corteva (CTVA)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: $46
Duluth Trading Co (DLTH)
Brokerage Firm: Stifel | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: $14
Greenbrier (GBX)
Brokerage Firm: Wells Fargo | Action: Upgrade | Ratings Change: Underweight » Overweight | Price Tgt: $40
HCA (HCA)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $194
Ingersoll-Rand (IR)
Brokerage Firm: Citigroup | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $44 » $53
Inogen (INGN)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $60
Lazard (LAZ)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Underweight » Equal-Weight | Price Tgt: $52
McDonald’s (MCD)
Brokerage Firm: UBS | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $230 » $240
MSC Industrial (MSM)
Brokerage Firm: Wells Fargo | Action: Upgrade | Ratings Change: Underweight » Equal Weight | Price Tgt: $80
National Health (NHI)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Underweight » Sector Weight | Price Tgt: —
Nutanix (NTNX)
Brokerage Firm: Oppenheimer | Action: Upgrade | Ratings Change: Perform » Outperform | Price Tgt: —
RPT Realty (RPT)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $11
Ryder System (R)
Brokerage Firm: Wells Fargo | Action: Upgrade | Ratings Change: Underweight » Equal Weight | Price Tgt: $65
Sensata Tech (ST)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: $63
Tecnoglass (TGLS)
Brokerage Firm: DA Davidson | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: —
U.S. Bancorp (USB)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Underweight » Neutral | Price Tgt: $51.50
Welltower (WELL)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $70
DOWNGRADES
Airbnb (ABNB)
Brokerage Firm: Gordon Haskett | Action: Downgrade | Ratings Change: Buy » Underperform | Price Tgt: —
Alexion Pharma (ALXN)
Brokerage Firm: Credit Suisse | Action: Downgrade | Ratings Change: Outperform » Neutral | Price Tgt: $147 » $194
Alexion Pharma (ALXN)
Brokerage Firm: BMO Capital Markets | Action: Downgrade | Ratings Change: Outperform » Market Perform | Price Tgt: $152 » $175
Alexion Pharma (ALXN)
Brokerage Firm: Wedbush | Action: Downgrade | Ratings Change: Outperform » Neutral | Price Tgt: $175
Alexion Pharma (ALXN)
Brokerage Firm: Robert W. Baird | Action: Downgrade | Ratings Change: Outperform » Neutral | Price Tgt: $175
Avient (AVNT)
Brokerage Firm: Morgan Stanley | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: —
BJ’s Wholesale (BJ)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $41
Boston Properties (BXP)
Brokerage Firm: KeyBanc Capital Markets | Action: Downgrade | Ratings Change: Overweight » Sector Weight | Price Tgt: —
Digital Realty Trust (DLR)
Brokerage Firm: KeyBanc Capital Markets | Action: Downgrade | Ratings Change: Overweight » Sector Weight | Price Tgt: —
DoorDash (DASH)
Brokerage Firm: DA Davidson | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
Grainger (GWW)
Brokerage Firm: Wells Fargo | Action: Downgrade | Ratings Change: Equal Weight » Underweight | Price Tgt: $350
Grupo Aeroportuario (OMAB)
Brokerage Firm: Citigroup | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $44 » $50
Hanesbrands (HBI)
Brokerage Firm: Stifel | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: $17 » $15
Healthpeak (PEAK)
Brokerage Firm: KeyBanc Capital Markets | Action: Downgrade | Ratings Change: Overweight » Sector Weight | Price Tgt: —
Houlihan Lokey (HLI)
Brokerage Firm: Morgan Stanley | Action: Downgrade | Ratings Change: Equal-Weight » Underweight | Price Tgt: $80
Johnson Controls (JCI)
Brokerage Firm: Citigroup | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $51
Michaels Stores (MIK)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $14
Physicians Realty Trust (DOC)
Brokerage Firm: KeyBanc Capital Markets | Action: Downgrade | Ratings Change: Overweight » Sector Weight | Price Tgt: —
QIWI (QIWI)
Brokerage Firm: Goldman | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $25 » $12.50
Retail Opportunity Investments (ROIC)
Brokerage Firm: KeyBanc Capital Markets | Action: Downgrade | Ratings Change: Overweight » Sector Weight | Price Tgt: —
Walt Disney (DIS)
Brokerage Firm: BMO Capital Markets | Action: Downgrade | Ratings Change: Outperform » Market Perform | Price Tgt: $185
Westlake Chemical (WLK)
Brokerage Firm: Goldman | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $79 » $85
Xenia Hotels (XHR)
Brokerage Firm: KeyBanc Capital Markets | Action: Downgrade | Ratings Change: Overweight » Sector Weight | Price Tgt: —
ZAGG (ZAGG)
Brokerage Firm: DA Davidson | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
COVERAGE INITIATED
AGNC Investment (AGNC)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Hold | Price Tgt: $16
Altimmune (ALT)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $25
Annaly Capital Mgmt (NLY)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $9.50
Black Knight (BKI)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $110
CAE (CAE)
Brokerage Firm: Goldman | Action: Initiated | Ratings Change: Buy | Price Tgt: $32
Denny’s (DENN)
Brokerage Firm: Wells Fargo | Action: Initiated | Ratings Change: Overweight | Price Tgt: $16
GCM Grosvenor (GCMG)
Brokerage Firm: JP Morgan | Action: Initiated | Ratings Change: Underweight | Price Tgt: $13
Howmet Aerospace (HWM)
Brokerage Firm: Goldman | Action: Initiated | Ratings Change: Buy | Price Tgt: $34
Invesco Mortgage Capital (IVR)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Underperform | Price Tgt: $2.75
Live Oak Bancshares (LOB)
Brokerage Firm: Keefe Bruyette | Action: Initiated | Ratings Change: Outperform | Price Tgt: $56
Mr. Cooper Group (COOP)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Hold | Price Tgt: $30
NeoGames (NGMS)
Brokerage Firm: Truist | Action: Initiated | Ratings Change: Buy | Price Tgt: $28
NeoGames (NGMS)
Brokerage Firm: Stifel | Action: Initiated | Ratings Change: Buy | Price Tgt: $27
New Residential Investment (NRZ)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $11
Novavax (NVAX)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $200
Olema Pharmaceuticals (OLMA)
Brokerage Firm: Cowen | Action: Initiated | Ratings Change: Outperform | Price Tgt: —
Olema Pharmaceuticals (OLMA)
Brokerage Firm: Canaccord Genuity | Action: Initiated | Ratings Change: Buy | Price Tgt: $60
Olema Pharmaceuticals (OLMA)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $70
Olema Pharmaceuticals (OLMA)
Brokerage Firm: JP Morgan | Action: Initiated | Ratings Change: Overweight | Price Tgt: $52
PennyMac (PFSI)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $95
Resideo (REZI)
Brokerage Firm: Evercore ISI | Action: Initiated | Ratings Change: Outperform | Price Tgt: $25
Summit Semiconductor (WISA)
Brokerage Firm: H.C. Wainwright | Action: Initiated | Ratings Change: Buy | Price Tgt: $3.50
Telos Corporation (TLS)
Brokerage Firm: BMO Capital Markets | Action: Initiated | Ratings Change: Outperform | Price Tgt: $24
Telos Corporation (TLS)
Brokerage Firm: B. Riley Securities | Action: Initiated | Ratings Change: Buy | Price Tgt: $34.50
Telos Corporation (TLS)
Brokerage Firm: Wedbush | Action: Initiated | Ratings Change: Outperform | Price Tgt: $30
Telos Corporation (TLS)
Brokerage Firm: Needham | Action: Initiated | Ratings Change: Buy | Price Tgt: $31
Viatris (VTRS)
Brokerage Firm: Bernstein | Action: Initiated | Ratings Change: Mkt Perform | Price Tgt: $21
Woodward (WWD)
Brokerage Firm: Goldman | Action: Initiated | Ratings Change: Neutral | Price Tgt: $108
Yasten Holding (YSG)
Brokerage Firm: Goldman | Action: Initiated | Ratings Change: Neutral | Price Tgt: $18.60
COVERAGE RESUMED
American Electric (AEP)
Brokerage Firm: Mizuho | Action: Resumed | Ratings Change: Buy | Price Tgt: $81 » $84
Homology Medicines (FIXX)
Brokerage Firm: H.C. Wainwright | Action: Resumed | Ratings Change: Buy | Price Tgt: $30
PQ Group (PQG)
Brokerage Firm: KeyBanc Capital Markets | Action: Resumed | Ratings Change: Overweight | Price Tgt: $19
REITERATED/PRICE TARGET CHANGED
TCR2 Therapeutics (TCRR)
Brokerage Firm: H.C. Wainwright | Action: Reiterated | Ratings Change: Buy | Price Tgt: $32 » $37