Analyst Upgrades / Downgrades As Of Monday, April 5th, 2021

UPGRADES

Acuity Brands  (AYI)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Sell » Neutral |  Price Tgt:  $95 » $166

Acuity Brands  (AYI)
Brokerage Firm:  ROTH Capital |  Action:  Upgrade |  Ratings Change:  Sell » Neutral |  Price Tgt:  $165

AMC Entertainment  (AMC)
Brokerage Firm:  B. Riley Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $7 » $13

Bandwidth  (BAND)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Underweight » Equal-Weight |  Price Tgt:  $140

Caesars Entertainment  (CZR)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $92

Charles Schwab  (SCHW)
Brokerage Firm:  Wolfe Research |  Action:  Upgrade |  Ratings Change:  Peer Perform » Outperform |  Price Tgt:  

Edwards Lifesciences  (EW)
Brokerage Firm:  Evercore ISI |  Action:  Upgrade |  Ratings Change:  In-line » Outperform |  Price Tgt:  

Essex Property  (ESS)
Brokerage Firm:  BMO Capital Markets |  Action:  Upgrade |  Ratings Change:  Market Perform » Outperform |  Price Tgt:  $275 » $310

Gogo  (GOGO)
Brokerage Firm:  William Blair |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  

Invitae  (NVTA)
Brokerage Firm:  Oppenheimer |  Action:  Upgrade |  Ratings Change:  Perform » Outperform |  Price Tgt:  $48

JetBlue Airways  (JBLU)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  $24

Lamb Weston  (LW)
Brokerage Firm:  BofA Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $100

Leidos  (LDOS)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $111 » $116

Maxar Technologies Ltd  (MAXR)
Brokerage Firm:  TD Securities |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

MGM Resorts  (MGM)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $45

Q2 Holdings  (QTWO)
Brokerage Firm:  Gabelli & Co |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  

SailPoint  (SAIL)
Brokerage Firm:  Monness Crespi & Hardt |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $64

Spotify  (SPOT)
Brokerage Firm:  Citigroup |  Action:  Upgrade |  Ratings Change:  Sell » Neutral |  Price Tgt:  $310

Tesla  (TSLA)
Brokerage Firm:  Wedbush |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $950 » $1000

Texas Capital  (TCBI)
Brokerage Firm:  Hovde Group |  Action:  Upgrade |  Ratings Change:  Market Perform » Outperform |  Price Tgt:  $73.50 » $82.50

Triumph Bancorp  (TBK)
Brokerage Firm:  Raymond James |  Action:  Upgrade |  Ratings Change:  Outperform » Strong Buy |  Price Tgt:  $78 » $111

Triumph Bancorp  (TBK)
Brokerage Firm:  B. Riley Securities |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $85 » $110

Valero Energy  (VLO)
Brokerage Firm:  Tudor Pickering |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $87

DOWNGRADES

A.O. Smith  (AOS)
Brokerage Firm:  Stifel |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $67

ACADIA Pharmaceuticals  (ACAD)
Brokerage Firm:  Raymond James |  Action:  Downgrade |  Ratings Change:  Outperform » Mkt Perform |  Price Tgt:  

Athene Holding  (ATH)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $57 » $54

BeyondSpring  (BYSI)
Brokerage Firm:  H.C. Wainwright |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Citigroup  (C)
Brokerage Firm:  Wolfe Research |  Action:  Downgrade |  Ratings Change:  Outperform » Peer Perform |  Price Tgt:  

Parsons  (PSN)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $42

Pioneer Natural Resources  (PXD)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Downgrade |  Ratings Change:  Overweight » Sector Weight |  Price Tgt:  

Science Applications  (SAIC)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $96 » $89

COVERAGE INITIATED

Arrival  (ARVL)
Brokerage Firm:  Cowen |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  

Chefs’ Warehouse  (CHEF)
Brokerage Firm:  Lake Street |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $38

Coupang  (CPNG)
Brokerage Firm:  Mizuho |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $50

Coupang  (CPNG)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $62

Coupang  (CPNG)
Brokerage Firm:  Deutsche Bank |  Action:  Initiated |  Ratings Change:  Hold |  Price Tgt:  $46

Ford Motor  (F)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $15

General Motors  (GM)
Brokerage Firm:  Wells Fargo |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $67

Magnolia Oil & Gas  (MGY)
Brokerage Firm:  Siebert Williams Shank |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $14

Mereo BioPharma  (MREO)
Brokerage Firm:  Needham |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $10

Mohawk Group  (MWK)
Brokerage Firm:  BTIG Research |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $45

Pliant Therapeutics  (PLRX)
Brokerage Firm:  Citigroup |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $52

Roblox  (RBLX)
Brokerage Firm:  BofA Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $78

Roblox  (RBLX)
Brokerage Firm:  Goldman |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $81

Roblox  (RBLX)
Brokerage Firm:  Morgan Stanley |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $80

Roblox  (RBLX)
Brokerage Firm:  Truist |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $78

COVERAGE RESUMED

Caesars Entertainment  (CZR)
Brokerage Firm:  JP Morgan |  Action:  Resumed |  Ratings Change:  Overweight |  Price Tgt:  $101

Chesapeake Energy  (CHK)
Brokerage Firm:  Seaport Global Securities |  Action:  Resumed |  Ratings Change:  Neutral |  Price Tgt:  

Microsoft  (MSFT)
Brokerage Firm:  Credit Suisse |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $265

Palo Alto Networks  (PANW)
Brokerage Firm:  Credit Suisse |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $425

PDC Energy  (PDCE)
Brokerage Firm:  Seaport Global Securities |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $45

Priority Technology Holdings  (PRTH)
Brokerage Firm:  Cowen |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  

Salesforce  (CRM)
Brokerage Firm:  Credit Suisse |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $260

Shopify  (SHOP)
Brokerage Firm:  Credit Suisse |  Action:  Resumed |  Ratings Change:  Neutral |  Price Tgt:  $1350

Unity Software  (U)
Brokerage Firm:  Credit Suisse |  Action:  Resumed |  Ratings Change:  Outperform |  Price Tgt:  $170

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