UPGRADES
ACCO Brands (ACCO)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $12
Burlington Stores (BURL)
Brokerage Firm: Gordon Haskett | Action: Upgrade | Ratings Change: Accumulate » Buy | Price Tgt: $262
EPAM Systems (EPAM)
Brokerage Firm: BofA Securities | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $364
First Merchants (FRME)
Brokerage Firm: Stephens | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: $35
First Mid-Illinois Bancshares (FMBH)
Brokerage Firm: Stephens | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: $30 » $34
Home Depot (HD)
Brokerage Firm: Gordon Haskett | Action: Upgrade | Ratings Change: Accumulate » Buy | Price Tgt: $315
Intl Flavors (IFF)
Brokerage Firm: Societe Generale | Action: Upgrade | Ratings Change: Sell » Hold | Price Tgt: $122
PG&E (PCG)
Brokerage Firm: Wolfe Research | Action: Upgrade | Ratings Change: Peer Perform » Outperform | Price Tgt: $15
Ross Stores (ROST)
Brokerage Firm: Gordon Haskett | Action: Upgrade | Ratings Change: Accumulate » Buy | Price Tgt: $126
ServiceNow (NOW)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Equal-Weight » Overweight | Price Tgt: $652
Steven Madden (SHOO)
Brokerage Firm: KeyBanc Capital Markets | Action: Upgrade | Ratings Change: Sector Weight » Overweight | Price Tgt: $36
DOWNGRADES
Air Products (APD)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $310 » $280
Alcon (ALC)
Brokerage Firm: Guggenheim | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
Coherent (COHR)
Brokerage Firm: Longbow | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
Cullen/Frost (CFR)
Brokerage Firm: Keefe Bruyette | Action: Downgrade | Ratings Change: Outperform » Mkt Perform | Price Tgt: $80
FS KKR Capital (FSK)
Brokerage Firm: Wells Fargo | Action: Downgrade | Ratings Change: Equal Weight » Underweight | Price Tgt: $15.50
Intercorp Financial (IFS)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $23
Lowe’s (LOW)
Brokerage Firm: Gordon Haskett | Action: Downgrade | Ratings Change: Buy » Accumulate | Price Tgt: $181
Old National Bancorp (ONB)
Brokerage Firm: Stephens | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: $16 » $17
Palomar Holdings (PLMR)
Brokerage Firm: Piper Sandler | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $110 » $95
Regional Mgmt (RM)
Brokerage Firm: Janney | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: —
Salesforce (CRM)
Brokerage Firm: Morgan Stanley | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: $275
Stock Yards Bancorp (SYBT)
Brokerage Firm: Stephens | Action: Downgrade | Ratings Change: Overweight » Equal-Weight | Price Tgt: $43 » $44
Triumph Bancorp (TBK)
Brokerage Firm: Keefe Bruyette | Action: Downgrade | Ratings Change: Outperform » Mkt Perform | Price Tgt: $45
Williams-Sonoma (WSM)
Brokerage Firm: Gordon Haskett | Action: Downgrade | Ratings Change: Buy » Accumulate | Price Tgt: $106
COVERAGE INITIATED
Freeport-McMoRan (FCX)
Brokerage Firm: Goldman | Action: Initiated | Ratings Change: Buy | Price Tgt: $25
Gaming and Leisure Properties (GLPI)
Brokerage Firm: Raymond James | Action: Initiated | Ratings Change: Strong Buy | Price Tgt: $52
MGM Growth Properties (MGP)
Brokerage Firm: Raymond James | Action: Initiated | Ratings Change: Outperform | Price Tgt: $35
NIKE (NKE)
Brokerage Firm: RBC Capital Mkts | Action: Initiated | Ratings Change: Outperform | Price Tgt: $145
Teck Resources (TECK)
Brokerage Firm: Goldman | Action: Initiated | Ratings Change: Neutral | Price Tgt: $14
Under Armour (UAA)
Brokerage Firm: RBC Capital Mkts | Action: Initiated | Ratings Change: Sector Perform | Price Tgt: $16
Vertiv (VRT)
Brokerage Firm: Guggenheim | Action: Initiated | Ratings Change: Buy | Price Tgt: $21
VICI Properties (VICI)
Brokerage Firm: Raymond James | Action: Initiated | Ratings Change: Strong Buy | Price Tgt: $32
Warrior Met Coal (HCC)
Brokerage Firm: ROTH Capital | Action: Initiated | Ratings Change: Buy | Price Tgt: $20
REITERATED/PRICE TARGET CHANGED
Allegiant Travel (ALGT)
Brokerage Firm: Cowen | Action: Reiterated | Ratings Change: Market Perform | Price Tgt: $140 » $165
Eyegate Pharmaceuticals (EYEG)
Brokerage Firm: H.C. Wainwright | Action: Reiterated | Ratings Change: Buy | Price Tgt: $12 » $10
Lowe’s (LOW)
Brokerage Firm: Telsey Advisory Group | Action: Reiterated | Ratings Change: Outperform | Price Tgt: $185 » $190
Viela Bio (VIE)
Brokerage Firm: H.C. Wainwright | Action: Reiterated | Ratings Change: Buy | Price Tgt: $75 » $52