UPGRADES
Acuity Brands  (AYI)
Brokerage Firm:  William Blair |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  —
Altria  (MO)
Brokerage Firm:  Jefferies |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $40 » $58
American Tower  (AMT)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Upgrade |  Ratings Change:  Sector Weight » Overweight |  Price Tgt:  $275
Bio-key  (BKYI)
Brokerage Firm:  Maxim Group |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $6
British American Tobacco  (BTI)
Brokerage Firm:  Jefferies |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  —
Cenovus Energy  (CVE)
Brokerage Firm:  Desjardins |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  —
Crestwood Equity Partners  (CEQP)
Brokerage Firm:  CapitalOne |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $27 » $29
Criteo  (CRTO)
Brokerage Firm:  JMP Securities |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Mkt Outperform |  Price Tgt:  $45
Crown Castle  (CCI)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Upgrade |  Ratings Change:  Sector Weight » Overweight |  Price Tgt:  $193
II-VI  (IIVI)
Brokerage Firm:  B. Riley Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $77 » $88
Lumentum  (LITE)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Outperform » Strong Buy |  Price Tgt:  $112
MACOM Tech  (MTSI)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Underweight » Neutral |  Price Tgt:  $52 » $62
Main Street Capital  (MAIN)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  $41
Momo  (MOMO)
Brokerage Firm:  Citigroup |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $16.10 » $19.30
NextDecade  (NEXT)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Underweight » Equal-Weight |  Price Tgt:  $2
NIKE  (NKE)
Brokerage Firm:  Robert W. Baird |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $150
Olin  (OLN)
Brokerage Firm:  RBC Capital Mkts |  Action:  Upgrade |  Ratings Change:  Sector Perform » Outperform |  Price Tgt:  $26 » $56
Palomar Holdings  (PLMR)
Brokerage Firm:  Barclays |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $94
PDF Solutions  (PDFS)
Brokerage Firm:  Craig Hallum |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $24
Resolute Forest Products  (RFP)
Brokerage Firm:  TD Securities |  Action:  Upgrade |  Ratings Change:  Speculative Buy » Buy |  Price Tgt:  $9.50 » $12
RH  (RH)
Brokerage Firm:  Jefferies |  Action:  Upgrade |  Ratings Change:  Underperform » Hold |  Price Tgt:  $335 » $500
SBA Comm  (SBAC)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Upgrade |  Ratings Change:  Sector Weight » Overweight |  Price Tgt:  $313
Suburban Propane   (SPH)
Brokerage Firm:  Argus |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $18
Travelzoo  (TZOO)
Brokerage Firm:  Ascendiant Capital Markets |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $20
ViewRay  (VRAY)
Brokerage Firm:  BTIG Research |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $7
DOWNGRADES
AllianceBernstein  (AB)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $41 » $40
AMC Networks  (AMCX)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Equal Weight » Underweight |  Price Tgt:  $63 » $52
Avista  (AVA)
Brokerage Firm:  Sidoti |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $48
DaVita  (DVA)
Brokerage Firm:  BofA Securities |  Action:  Downgrade |  Ratings Change:  Neutral » Underperform |  Price Tgt:  $127 » $118
Discovery  (DISCA)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Overweight » Equal Weight |  Price Tgt:  $65 » $59
Empire State Realty Trust  (ESRT)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Equal Weight » Underweight |  Price Tgt:  $11 » $10
GAN Limited  (GAN)
Brokerage Firm:  Craig Hallum |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $20
Hexcel  (HXL)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Neutral » Sell |  Price Tgt:  $43
Momo  (MOMO)
Brokerage Firm:  DA Davidson |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  —
Science Applications  (SAIC)
Brokerage Firm:  Stifel |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $115 » $90
ViacomCBS  (VIAC)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Equal Weight » Underweight |  Price Tgt:  $82 » $59
COVERAGE INITIATED
GX Acquisition Corp  (GXGX)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $16
Adient  (ADNT)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $59
Aptiv  (APTV)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Underweight |  Price Tgt:  $119
ArcBest  (ARCB)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $72
Autoliv  (ALV)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Equal Weight |  Price Tgt:  $97
BorgWarner  (BWA)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $64
Cerence  (CRNC)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Equal Weight |  Price Tgt:  $100
Clean Energy Fuels  (CLNE)
Brokerage Firm:  Cowen |  Action:  Initiated |  Ratings Change:  Market Perform |  Price Tgt:  $14
Dana Inc  (DAN)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $31
Desktop Metal  (DM)
Brokerage Firm:  Lake Street |  Action:  Initiated |  Ratings Change:  Sell |  Price Tgt:  $11
Drive Shack  (DS)
Brokerage Firm:  Craig Hallum |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $5
Dun & Bradstreet  (DNB)
Brokerage Firm:  Needham |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $30
FedEx  (FDX)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $340
Forte Biosciences  (FBRX)
Brokerage Firm:  Citigroup |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $75
Itron  (ITRI)
Brokerage Firm:  JP Morgan |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $110
Itron  (ITRI)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $120
Lear  (LEA)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $214
Lufax  (LU)
Brokerage Firm:  Bernstein |  Action:  Initiated |  Ratings Change:  Underperform |  Price Tgt:  —
Lyft  (LYFT)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $85
Magna  (MGA)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Equal Weight |  Price Tgt:  $96
Marten Transport  (MRTN)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $22
Montrose Environmental Group  (MEG)
Brokerage Firm:  Morgan Stanley |  Action:  Initiated |  Ratings Change:  Equal-Weight |  Price Tgt:  $46
Neste Oyj  (NTOIF)
Brokerage Firm:  Cowen |  Action:  Initiated |  Ratings Change:  Underperform |  Price Tgt:  $21
Nikola Corporation  (NKLA)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $24
Norfolk Southern  (NSC)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $240
Old Dominion  (ODFL)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $220
PJT Partners  (PJT)
Brokerage Firm:  Keefe Bruyette |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $85
Porch Group  (PRCH)
Brokerage Firm:  Craig Hallum |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $27
Radiant Logistics  (RLGT)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $10
Renewable Energy  (REGI)
Brokerage Firm:  Cowen |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $80
Ryder System  (R)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $93
Snowflake  (SNOW)
Brokerage Firm:  Evercore ISI |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $311
Tenneco  (TEN)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $13
Uber  (UBER)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $72
Ultralife  (ULBI)
Brokerage Firm:  The Benchmark Company |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $12
UPS  (UPS)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $195
Visteon  (VC)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Underweight |  Price Tgt:  $106
Wabash Natl  (WNC)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $25
Yellow Corporation  (YELL)
Brokerage Firm:  Vertical Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $15
Zoom Video  (ZM)
Brokerage Firm:  Deutsche Bank |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $360
COVERAGE RESUMED
C.H. Robinson  (CHRW)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Hold |  Price Tgt:  $100
CSX  (CSX)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Hold |  Price Tgt:  $98
Expeditors Intl  (EXPD)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $115
J.B. Hunt Transport  (JBHT)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $190
Kansas City Southern  (KSU)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Hold |  Price Tgt:  $260
Knight-Swift  (KNX)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $62
Union Pacific  (UNP)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $245
Werner Enterprises  (WERN)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $60
XPO Logistics  (XPO)
Brokerage Firm:  Vertical Research |  Action:  Resumed |  Ratings Change:  Hold |  Price Tgt:  $135
REITERATED/PRICE TARGET CHANGED
Guess?  (GES)
Brokerage Firm:  Telsey Advisory Group |  Action:  Reiterated |  Ratings Change:  Market Perform |  Price Tgt:  $18 » $24