UPGRADES
AvalonBay (AVB)
Brokerage Firm: Evercore ISI | Action: Upgrade | Ratings Change: In-line » Outperform | Price Tgt: —
Baker Hughes (BKR)
Brokerage Firm: Barclays | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $25 » $28
Cactus (WHD)
Brokerage Firm: Barclays | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $33 » $37
Carvana (CVNA)
Brokerage Firm: BofA Securities | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $350
DraftKings (DKNG)
Brokerage Firm: Cowen | Action: Upgrade | Ratings Change: Market Perform » Outperform | Price Tgt: $70
Empire State Realty Trust (ESRT)
Brokerage Firm: Evercore ISI | Action: Upgrade | Ratings Change: Underperform » Outperform | Price Tgt: $12 » $13
FedEx (FDX)
Brokerage Firm: Wolfe Research | Action: Upgrade | Ratings Change: Peer Perform » Outperform | Price Tgt: —
Halliburton (HAL)
Brokerage Firm: Barclays | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $21 » $29
NexTier Oilfield (NEX)
Brokerage Firm: Barclays | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: —
O-I Glass (OI)
Brokerage Firm: Barclays | Action: Upgrade | Ratings Change: Underweight » Equal Weight | Price Tgt: $11 » $17
Patterson-UTI (PTEN)
Brokerage Firm: Barclays | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $7 » $9
PG&E (PCG)
Brokerage Firm: Wells Fargo | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $12 » $15.50
Raytheon Technologies (RTX)
Brokerage Firm: Ladenburg Thalmann | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $100
SLR Capital Partners (SLRC)
Brokerage Firm: Compass Point | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $20
SuperCom (SPCB)
Brokerage Firm: H.C. Wainwright | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: —
U.S. Physical Therapy (USPH)
Brokerage Firm: Jefferies | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: $130 » $135
UPS (UPS)
Brokerage Firm: Wolfe Research | Action: Upgrade | Ratings Change: Peer Perform » Outperform | Price Tgt: —
W.P. Carey (WPC)
Brokerage Firm: Evercore ISI | Action: Upgrade | Ratings Change: In-line » Outperform | Price Tgt: $77 » $80
Welltower (WELL)
Brokerage Firm: RBC Capital Mkts | Action: Upgrade | Ratings Change: Sector Perform » Outperform | Price Tgt: $70 » $82
DOWNGRADES
Adverum Biotech (ADVM)
Brokerage Firm: SVB Leerink | Action: Downgrade | Ratings Change: Outperform » Mkt Perform | Price Tgt: $5
Clorox (CLX)
Brokerage Firm: Wells Fargo | Action: Downgrade | Ratings Change: Overweight » Underweight | Price Tgt: $240 » $170
CTO Realty Growth (CTO)
Brokerage Firm: Compass Point | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
DTE Energy (DTE)
Brokerage Firm: BofA Securities | Action: Downgrade | Ratings Change: Neutral » Underperform | Price Tgt: $131
Essex Property (ESS)
Brokerage Firm: Evercore ISI | Action: Downgrade | Ratings Change: Outperform » In-line | Price Tgt: —
Evans Bancorp (EVBN)
Brokerage Firm: Hovde Group | Action: Downgrade | Ratings Change: Outperform » Market Perform | Price Tgt: $37 » $38
Graphic Packaging (GPK)
Brokerage Firm: Morgan Stanley | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: $20
Medical Properties Trust (MPW)
Brokerage Firm: RBC Capital Mkts | Action: Downgrade | Ratings Change: Outperform » Sector Perform | Price Tgt: $24 » $23
Oxford Square Capital (OXSQ)
Brokerage Firm: Ladenburg Thalmann | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
VEREIT (VER)
Brokerage Firm: Evercore ISI | Action: Downgrade | Ratings Change: Outperform » In-line | Price Tgt: —
VICI Properties (VICI)
Brokerage Firm: Morgan Stanley | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: $28 » $33
Weyerhaeuser (WY)
Brokerage Firm: Stephens | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: $35
COVERAGE INITIATED
1Life Healthcare (ONEM)
Brokerage Firm: Jefferies | Action: Initiated | Ratings Change: Buy | Price Tgt: $63
Chewy (CHWY)
Brokerage Firm: Guggenheim | Action: Initiated | Ratings Change: Buy | Price Tgt: $95
Columbus McKinnon (CMCO)
Brokerage Firm: Wells Fargo | Action: Initiated | Ratings Change: Overweight | Price Tgt: $70
DermTech (DMTK)
Brokerage Firm: BTIG Research | Action: Initiated | Ratings Change: Buy | Price Tgt: $53
Fidelity National (FNF)
Brokerage Firm: Credit Suisse | Action: Initiated | Ratings Change: Outperform | Price Tgt: $56
First American Financial (FAF)
Brokerage Firm: Credit Suisse | Action: Initiated | Ratings Change: Outperform | Price Tgt: $78
Iovance Biotherapeutics (IOVA)
Brokerage Firm: Truist | Action: Initiated | Ratings Change: Buy | Price Tgt: $50
Lazydays Holdings (LAZY)
Brokerage Firm: Truist | Action: Initiated | Ratings Change: Buy | Price Tgt: $26
Mid Penn Bancorp (MPB)
Brokerage Firm: Stephens | Action: Initiated | Ratings Change: Overweight | Price Tgt: $30
NJ Resources (NJR)
Brokerage Firm: JP Morgan | Action: Initiated | Ratings Change: Neutral | Price Tgt: $43
ProQR Therapeutics (PRQR)
Brokerage Firm: Stifel | Action: Initiated | Ratings Change: Buy | Price Tgt: $20
Snowflake (SNOW)
Brokerage Firm: Needham | Action: Initiated | Ratings Change: Hold | Price Tgt: —
Viracta Therapeutics (VIRX)
Brokerage Firm: H.C. Wainwright | Action: Initiated | Ratings Change: Buy | Price Tgt: $35
Wrap Technologies (WRAP)
Brokerage Firm: Ladenburg Thalmann | Action: Initiated | Ratings Change: Buy | Price Tgt: $26.50
COVERAGE RESUMED
Hartford Financial (HIG)
Brokerage Firm: BofA Securities | Action: Resumed | Ratings Change: Neutral | Price Tgt: $75
Tenet Healthcare (THC)
Brokerage Firm: Goldman | Action: Resumed | Ratings Change: Buy | Price Tgt: $89
REITERATED/PRICE TARGET CHANGED
Carter’s (CRI)
Brokerage Firm: Monness Crespi & Hardt | Action: Reiterated | Ratings Change: Buy | Price Tgt: $100 » $120
Costco (COST)
Brokerage Firm: Telsey Advisory Group | Action: Reiterated | Ratings Change: Outperform | Price Tgt: $375 » $390
DISH Network (DISH)
Brokerage Firm: Pivotal Research Group | Action: Reiterated | Ratings Change: Hold | Price Tgt: $34 » $50
Helmerich & Payne (HP)
Brokerage Firm: Cowen | Action: Reiterated | Ratings Change: Market Perform | Price Tgt: $13 » $16
Valero Energy (VLO)
Brokerage Firm: Citigroup | Action: Reiterated | Ratings Change: Buy | Price Tgt: $95 » $121