Analyst Upgrades / Downgrades As Of Friday, April 23rd, 2021

UPGRADES

American Airlines  (AAL)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Underperform » Mkt Perform |  Price Tgt:  

Bank of Princeton  (BPRN)
Brokerage Firm:  Piper Sandler |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $30 » $31

Cimarex  (XEC)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Outperform » Strong Buy |  Price Tgt:  $96 » $102

Clearfield  (CLFD)
Brokerage Firm:  Northland Capital |  Action:  Upgrade |  Ratings Change:  Market Perform » Outperform |  Price Tgt:  $30 » $36

Continental Resources  (CLR)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  $34

Electronic Arts  (EA)
Brokerage Firm:  Jefferies |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $140 » $165

Employers Holdings  (EIG)
Brokerage Firm:  Boenning & Scattergood |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $49

EnLink Midstream  (ENLC)
Brokerage Firm:  UBS |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $4.50 » $6

GCM Grosvenor  (GCMG)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Underweight » Overweight |  Price Tgt:  $13.50 » $15

Hermes  (HESAY)
Brokerage Firm:  Societe Generale |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

IMAX  (IMAX)
Brokerage Firm:  Wedbush |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $26

Marathon Oil  (MRO)
Brokerage Firm:  Wolfe Research |  Action:  Upgrade |  Ratings Change:  Peer Perform » Outperform |  Price Tgt:  $15

MediaAlpha  (MAX)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $50

Ovintiv  (OVV)
Brokerage Firm:  Wolfe Research |  Action:  Upgrade |  Ratings Change:  Peer Perform » Outperform |  Price Tgt:  $30

Paratek Pharma  (PRTK)
Brokerage Firm:  WBB Securities |  Action:  Upgrade |  Ratings Change:  Speculative Buy » Buy |  Price Tgt:  $6 » $10

Silicon Labs  (SLAB)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Upgrade |  Ratings Change:  Sector Weight » Overweight |  Price Tgt:  $185

Skechers USA  (SKX)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $44 » $56

TAL Education  (TAL)
Brokerage Firm:  Credit Suisse |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $74

Travelzoo  (TZOO)
Brokerage Firm:  Noble Capital Markets |  Action:  Upgrade |  Ratings Change:  Market Perform » Outperform |  Price Tgt:  $18

DOWNGRADES

Cabot Oil & Gas  (COG)
Brokerage Firm:  Wolfe Research |  Action:  Downgrade |  Ratings Change:  Outperform » Peer Perform |  Price Tgt:  $22

DTE Energy  (DTE)
Brokerage Firm:  Evercore ISI |  Action:  Downgrade |  Ratings Change:  Outperform » In-line |  Price Tgt:  $134 » $140

Harley-Davidson  (HOG)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Equal-Weight » Underweight |  Price Tgt:  $36 » $38

Kraft Heinz  (KHC)
Brokerage Firm:  Piper Sandler |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $41

Mercer Intl  (MERC)
Brokerage Firm:  TD Securities |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  

NiSource  (NI)
Brokerage Firm:  Evercore ISI |  Action:  Downgrade |  Ratings Change:  Outperform » In-line |  Price Tgt:  $27

Pioneer Natural Resources  (PXD)
Brokerage Firm:  Wolfe Research |  Action:  Downgrade |  Ratings Change:  Outperform » Peer Perform |  Price Tgt:  $188 » $167

Range Resources  (RRC)
Brokerage Firm:  Raymond James |  Action:  Downgrade |  Ratings Change:  Mkt Perform » Underperform |  Price Tgt:  

RingCentral  (RNG)
Brokerage Firm:  Oppenheimer |  Action:  Downgrade |  Ratings Change:  Outperform » Perform |  Price Tgt:  

Southwestern Energy  (SWN)
Brokerage Firm:  Raymond James |  Action:  Downgrade |  Ratings Change:  Mkt Perform » Underperform |  Price Tgt:  

TAL Education  (TAL)
Brokerage Firm:  Nomura |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $68

U.S. Xpress  (USX)
Brokerage Firm:  Stephens |  Action:  Downgrade |  Ratings Change:  Overweight » Equal-Weight |  Price Tgt:  $13

COVERAGE INITIATED

Activision Blizzard  (ATVI)
Brokerage Firm:  Jefferies |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $120

Adicet Bio  (ACET)
Brokerage Firm:  H.C. Wainwright |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $27

Adobe  (ADBE)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $650

Anaplan  (PLAN)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $72

Arconic  (ARNC)
Brokerage Firm:  JP Morgan |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $28

Arcos Dorados  (ARCO)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $5.60

argenx  (ARGX)
Brokerage Firm:  Redburn |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  

Asana  (ASAN)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $40

BlackLine  (BL)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $120

BRF SA  (BRFS)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $6

Ceridian HCM  (CDAY)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $105

Clearway Energy  (CWEN)
Brokerage Firm:  Tudor Pickering |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $33

Constellium  (CSTM)
Brokerage Firm:  JP Morgan |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $18

Cooper  (COO)
Brokerage Firm:  Redburn |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  

Coupa Software  (COUP)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $310

DocuSign  (DOCU)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $275

Duck Creek Technology  (DCT)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $50

Finance of America  (FOA)
Brokerage Firm:  Raymond James |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $15

HubSpot  (HUBS)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $650

Intuit  (INTU)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $475

JFrog  (FROG)
Brokerage Firm:  Berenberg |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $75

Microsoft  (MSFT)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $290

NIO  (NIO)
Brokerage Firm:  CLSA |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $50

Oracle  (ORCL)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Peer Perform |  Price Tgt:  $75

Palantir Technologies  (PLTR)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Peer Perform |  Price Tgt:  $23

Paycom Software  (PAYC)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $450

Paylocity  (PCTY)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Peer Perform |  Price Tgt:  $200

Radius Global Infrastructure  (RADI)
Brokerage Firm:  Raymond James |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $18

Salesforce  (CRM)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $270

Saul Centers  (BFS)
Brokerage Firm:  Raymond James |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $46

ServiceNow  (NOW)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $675

Skillz  (SKLZ)
Brokerage Firm:  Jefferies |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $17

Smartsheet  (SMAR)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $75

Spotify  (SPOT)
Brokerage Firm:  Jefferies |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $360

Warner Music Group  (WMG)
Brokerage Firm:  Jefferies |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $39

Workday  (WDAY)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $300

Zendesk  (ZEN)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $180

ZoomInfo  (ZI)
Brokerage Firm:  Wolfe Research |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $60

COVERAGE RESUMED

Alcoa  (AA)
Brokerage Firm:  JP Morgan |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $28 » $39

Arista Networks  (ANET)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $365

Cedar Realty Trust  (CDR)
Brokerage Firm:  Raymond James |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  

Chimerix  (CMRX)
Brokerage Firm:  Cowen |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $10 » $18

Cisco  (CSCO)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Resumed |  Ratings Change:  Sector Weight |  Price Tgt:  

Commvault Systems  (CVLT)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $82

Epizyme  (EPZM)
Brokerage Firm:  Cowen |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $14

Federal Realty  (FRT)
Brokerage Firm:  Raymond James |  Action:  Resumed |  Ratings Change:  Mkt Perform |  Price Tgt:  

Kaiser Alum  (KALU)
Brokerage Firm:  JP Morgan |  Action:  Resumed |  Ratings Change:  Neutral |  Price Tgt:  $124

Kimco Realty  (KIM)
Brokerage Firm:  Raymond James |  Action:  Resumed |  Ratings Change:  Mkt Perform |  Price Tgt:  

Pure Storage  (PSTG)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $25

Retail Opportunity Investments  (ROIC)
Brokerage Firm:  Raymond James |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  

RPT Realty  (RPT)
Brokerage Firm:  Raymond James |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $15

Take-Two  (TTWO)
Brokerage Firm:  Jefferies |  Action:  Resumed |  Ratings Change:  Hold |  Price Tgt:  $200 » $185

Twilio  (TWLO)
Brokerage Firm:  Wolfe Research |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $480

Y-mAbs Therapeutics  (YMAB)
Brokerage Firm:  Cowen |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  

Zoom Video  (ZM)
Brokerage Firm:  Wolfe Research |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $390

Zynga  (ZNGA)
Brokerage Firm:  Jefferies |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $13

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