UPGRADES
Aflac (AFL)
Brokerage Firm: Evercore ISI | Action: Upgrade | Ratings Change: Underperform » In-line | Price Tgt: $43 » $47
Brown & Brown (BRO)
Brokerage Firm: Goldman | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $49 » $54
CareTrust REIT (CTRE)
Brokerage Firm: BMO Capital Markets | Action: Upgrade | Ratings Change: Market Perform » Outperform | Price Tgt: $25 » $26
Chemours (CC)
Brokerage Firm: RBC Capital Mkts | Action: Upgrade | Ratings Change: Sector Perform » Outperform | Price Tgt: $27 » $35
Chevron (CVX)
Brokerage Firm: Piper Sandler | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $108 » $113
CubeSmart (CUBE)
Brokerage Firm: BMO Capital Markets | Action: Upgrade | Ratings Change: Underperform » Market Perform | Price Tgt: $36
CVS Health (CVS)
Brokerage Firm: Jefferies | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: $90
D.R. Horton (DHI)
Brokerage Firm: RBC Capital Mkts | Action: Upgrade | Ratings Change: Sector Perform » Outperform | Price Tgt: $75 » $80
Envista (NVST)
Brokerage Firm: Credit Suisse | Action: Upgrade | Ratings Change: Neutral » Outperform | Price Tgt: $31 » $41
Euronav (EURN)
Brokerage Firm: BTIG Research | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $12
Goodyear Tire (GT)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $14
Huntsman (HUN)
Brokerage Firm: RBC Capital Mkts | Action: Upgrade | Ratings Change: Sector Perform » Outperform | Price Tgt: $25 » $34
Life Storage (LSI)
Brokerage Firm: BMO Capital Markets | Action: Upgrade | Ratings Change: Market Perform » Outperform | Price Tgt: $122 » $140
Micron (MU)
Brokerage Firm: Summit Insights | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: —
National Storage Affiliates (NSA)
Brokerage Firm: BMO Capital Markets | Action: Upgrade | Ratings Change: Market Perform » Outperform | Price Tgt: $32 » $42
Navios Maritime Partners (NMM)
Brokerage Firm: Jefferies | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: $15
Newell Brands (NWL)
Brokerage Firm: BofA Securities | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $27
Ping Identity (PING)
Brokerage Firm: Goldman | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $30 » $34
Regions Fincl (RF)
Brokerage Firm: Keefe Bruyette | Action: Upgrade | Ratings Change: Mkt Perform » Outperform | Price Tgt: —
RenaissanceRe (RNR)
Brokerage Firm: Goldman | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $194 » $199
Sabra Health Care REIT (SBRA)
Brokerage Firm: BMO Capital Markets | Action: Upgrade | Ratings Change: Underperform » Market Perform | Price Tgt: $19
Solid Biosciences (SLDB)
Brokerage Firm: Credit Suisse | Action: Upgrade | Ratings Change: Underperform » Neutral | Price Tgt: $2 » $7
STMicroelectronics (STM)
Brokerage Firm: Bryan Garnier | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: —
Tenet Healthcare (THC)
Brokerage Firm: Jefferies | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: $60
Thermo Fisher (TMO)
Brokerage Firm: Credit Suisse | Action: Upgrade | Ratings Change: Neutral » Outperform | Price Tgt: $490 » $556
U.S. Steel (X)
Brokerage Firm: Deutsche Bank | Action: Upgrade | Ratings Change: Sell » Buy | Price Tgt: $28
Unum Group (UNM)
Brokerage Firm: Evercore ISI | Action: Upgrade | Ratings Change: Underperform » In-line | Price Tgt: $25
W.R. Berkley (WRB)
Brokerage Firm: Goldman | Action: Upgrade | Ratings Change: Sell » Neutral | Price Tgt: $53 » $70
DOWNGRADES
AEGON N.V. (AEG)
Brokerage Firm: HSBC Securities | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
Amphastar Pharmaceuticals (AMPH)
Brokerage Firm: Wells Fargo | Action: Downgrade | Ratings Change: Overweight » Equal Weight | Price Tgt: $21
Arthur J. Gallagher (AJG)
Brokerage Firm: Goldman | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $123 » $129
Athene Holding (ATH)
Brokerage Firm: Evercore ISI | Action: Downgrade | Ratings Change: Outperform » In-line | Price Tgt: $50
Avista (AVA)
Brokerage Firm: BofA Securities | Action: Downgrade | Ratings Change: Neutral » Underperform | Price Tgt: $37
CME Group (CME)
Brokerage Firm: Deutsche Bank | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: $196
Commercial Metals (CMC)
Brokerage Firm: Deutsche Bank | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: $22
Emergent BioSolutions (EBS)
Brokerage Firm: Wells Fargo | Action: Downgrade | Ratings Change: Overweight » Equal Weight | Price Tgt: $110
Enphase Energy (ENPH)
Brokerage Firm: Raymond James | Action: Downgrade | Ratings Change: Mkt Perform » Underperform | Price Tgt: —
Fulgent Genetics (FLGT)
Brokerage Firm: Credit Suisse | Action: Downgrade | Ratings Change: Neutral » Underperform | Price Tgt: $42 » $40
Helen of Troy (HELE)
Brokerage Firm: BofA Securities | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $235
Lam Research (LRCX)
Brokerage Firm: Needham | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
Lear (LEA)
Brokerage Firm: Guggenheim | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
Marsh McLennan (MMC)
Brokerage Firm: Goldman | Action: Downgrade | Ratings Change: Buy » Sell | Price Tgt: $126 » $112
Premier (PINC)
Brokerage Firm: Jefferies | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: $40
Progressive (PGR)
Brokerage Firm: Goldman | Action: Downgrade | Ratings Change: Neutral » Sell | Price Tgt: $92 » $90
Reliance Steel (RS)
Brokerage Firm: Deutsche Bank | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: $123
RPM Inc (RPM)
Brokerage Firm: RBC Capital Mkts | Action: Downgrade | Ratings Change: Outperform » Sector Perform | Price Tgt: $102 » $98
Sarepta Therapeutics (SRPT)
Brokerage Firm: Raymond James | Action: Downgrade | Ratings Change: Outperform » Mkt Perform | Price Tgt: —
Sarepta Therapeutics (SRPT)
Brokerage Firm: Morgan Stanley | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: $95
SecureWorks (SCWX)
Brokerage Firm: Goldman | Action: Downgrade | Ratings Change: Neutral » Sell | Price Tgt: $14
TreeHouse Foods (THS)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $46
TRI Pointe Homes (TPH)
Brokerage Firm: RBC Capital Mkts | Action: Downgrade | Ratings Change: Outperform » Sector Perform | Price Tgt: $22 » $19
Ventas (VTR)
Brokerage Firm: BMO Capital Markets | Action: Downgrade | Ratings Change: Market Perform » Underperform | Price Tgt: $49
Vocera (VCRA)
Brokerage Firm: Robert W. Baird | Action: Downgrade | Ratings Change: Outperform » Neutral | Price Tgt: $40
Voya Financial (VOYA)
Brokerage Firm: Evercore ISI | Action: Downgrade | Ratings Change: Outperform » In-line | Price Tgt: $64
Welltower (WELL)
Brokerage Firm: BMO Capital Markets | Action: Downgrade | Ratings Change: Market Perform » Underperform | Price Tgt: $65 » $64
Xylem (XYL)
Brokerage Firm: Raymond James | Action: Downgrade | Ratings Change: Outperform » Mkt Perform | Price Tgt: —
Xylem (XYL)
Brokerage Firm: Cowen | Action: Downgrade | Ratings Change: Market Perform » Underperform | Price Tgt: $65
COVERAGE INITIATED
Array Tech (ARRY)
Brokerage Firm: Piper Sandler | Action: Initiated | Ratings Change: Overweight | Price Tgt: $60
Cabaletta Bio (CABA)
Brokerage Firm: Chardan Capital Markets | Action: Initiated | Ratings Change: Buy | Price Tgt: $21
Concentrix (CNXC)
Brokerage Firm: Cross Research | Action: Initiated | Ratings Change: Buy | Price Tgt: $115
MagnaChip Semi (MX)
Brokerage Firm: Oppenheimer | Action: Initiated | Ratings Change: Outperform | Price Tgt: $21
National Storage Affiliates (NSA)
Brokerage Firm: Evercore ISI | Action: Initiated | Ratings Change: Outperform | Price Tgt: $42
Peloton (PTON)
Brokerage Firm: Gordon Haskett | Action: Initiated | Ratings Change: Buy | Price Tgt: $190
SQZ Biotechnologies (SQZ)
Brokerage Firm: Evercore ISI | Action: Initiated | Ratings Change: Outperform | Price Tgt: —
COVERAGE RESUMED
PBF Energy (PBF)
Brokerage Firm: Credit Suisse | Action: Resumed | Ratings Change: Underperform | Price Tgt: $5
Walgreens Boots Alliance (WBA)
Brokerage Firm: Credit Suisse | Action: Resumed | Ratings Change: Neutral | Price Tgt: $42
REITERATED/PRICE TARGET CHANGED
Bed Bath & Beyond (BBBY)
Brokerage Firm: Telsey Advisory Group | Action: Reiterated | Ratings Change: Outperform | Price Tgt: $28 » $27
L Brands (LB)
Brokerage Firm: Telsey Advisory Group | Action: Reiterated | Ratings Change: Market Perform | Price Tgt: $42 » $50
Micron (MU)
Brokerage Firm: Cowen | Action: Reiterated | Ratings Change: Outperform | Price Tgt: $80 » $90