UPGRADES
Altair Engineering (ALTR)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $50 » $65
Array Tech (ARRY)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $41
Autodesk (ADSK)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Underweight » Overweight | Price Tgt: $239 » $345
Baidu (BIDU)
Brokerage Firm: UBS | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $190
Cadence Design (CDNS)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $122 » $145
Community Trust Bancorp (CTBI)
Brokerage Firm: Piper Sandler | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $32 » $41
Delek US Holdings (DK)
Brokerage Firm: Wells Fargo | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $12 » $25
Equinor (EQNR)
Brokerage Firm: Berenberg | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: —
Intuit (INTU)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Underweight » Overweight | Price Tgt: $300 » $450
Johnson Controls (JCI)
Brokerage Firm: Atlantic Equities | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $56
National Grid (NGG)
Brokerage Firm: Citigroup | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: —
NICE (NICE)
Brokerage Firm: DA Davidson | Action: Upgrade | Ratings Change: Neutral » Buy | Price Tgt: $250 » $275
Olin (OLN)
Brokerage Firm: Wells Fargo | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $22 » $32
PTC (PTC)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Underweight » Overweight | Price Tgt: $88 » $130
Relx (RELX)
Brokerage Firm: Kepler | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: —
Slack (WORK)
Brokerage Firm: Morgan Stanley | Action: Upgrade | Ratings Change: Underweight » Equal-Weight | Price Tgt: —
U.S. Steel (X)
Brokerage Firm: Argus | Action: Upgrade | Ratings Change: Hold » Buy | Price Tgt: $22
VeriSign (VRSN)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $246
Walt Disney (DIS)
Brokerage Firm: Wells Fargo | Action: Upgrade | Ratings Change: Equal Weight » Overweight | Price Tgt: $155 » $182
Wix.com (WIX)
Brokerage Firm: JP Morgan | Action: Upgrade | Ratings Change: Neutral » Overweight | Price Tgt: $292 » $305
DOWNGRADES
American Express (AXP)
Brokerage Firm: DZ Bank | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: $128
Atara Biotherapeutics (ATRA)
Brokerage Firm: Citigroup | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $20 » $27
Avalara (AVLR)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $195
Bloom Energy (BE)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $26
Bluebirdbio (BLUE)
Brokerage Firm: Maxim Group | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
CarMax (KMX)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $115
Check Point Software (CHKP)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Neutral » Underweight | Price Tgt: $141 » $134
Cloudflare (NET)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $83
Columbia Sportswear (COLM)
Brokerage Firm: BofA Securities | Action: Downgrade | Ratings Change: Buy » Neutral | Price Tgt: $100 » $90
CrowdStrike (CRWD)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $175
DocuSign (DOCU)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $271
Elanco Animal Health (ELAN)
Brokerage Firm: Argus | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
Ferrari (RACE)
Brokerage Firm: Kepler | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
Fortinet (FTNT)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Neutral » Underweight | Price Tgt: $140
HollyFrontier (HFC)
Brokerage Firm: Wells Fargo | Action: Downgrade | Ratings Change: Equal Weight » Underweight | Price Tgt: $20 » $22
Hormel Foods (HRL)
Brokerage Firm: Argus | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
Model N (MODN)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Underweight | Price Tgt: $48 » $33
Moderna (MRNA)
Brokerage Firm: Needham | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
Okta (OKTA)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $258
Palo Alto Networks (PANW)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Neutral » Underweight | Price Tgt: $308
Pearson Plc (PSO)
Brokerage Firm: Kepler | Action: Downgrade | Ratings Change: Hold » Reduce | Price Tgt: —
Pluralsight (PS)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Neutral » Underweight | Price Tgt: $20
SecureWorks (SCWX)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Neutral » Underweight | Price Tgt: $15
SS&C Techs (SSNC)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $78
Talos Energy (TALO)
Brokerage Firm: KeyBanc Capital Markets | Action: Downgrade | Ratings Change: Overweight » Sector Weight | Price Tgt: —
Total SE (TOT)
Brokerage Firm: Berenberg | Action: Downgrade | Ratings Change: Buy » Hold | Price Tgt: —
Veeva Systems (VEEV)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Neutral » Underweight | Price Tgt: $297
Zoom Video (ZM)
Brokerage Firm: JP Morgan | Action: Downgrade | Ratings Change: Overweight » Neutral | Price Tgt: $450
COVERAGE INITIATED
Aerpio Pharmaceuticals (ARPO)
Brokerage Firm: BTIG Research | Action: Initiated | Ratings Change: Buy | Price Tgt: $4
Annaly Capital Mgmt (NLY)
Brokerage Firm: Argus | Action: Initiated | Ratings Change: Buy | Price Tgt: $9
Armstrong World Industries (AWI)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Sell | Price Tgt: $68
CAI Intl (CAI)
Brokerage Firm: B. Riley Securities | Action: Initiated | Ratings Change: Buy | Price Tgt: $44
D.R. Horton (DHI)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $94
Discovery (DISCA)
Brokerage Firm: KeyBanc Capital Markets | Action: Initiated | Ratings Change: Sector Weight | Price Tgt: —
Fortune Brands Home & Security (FBHS)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $105
Fox Corporation (FOXA)
Brokerage Firm: KeyBanc Capital Markets | Action: Initiated | Ratings Change: Sector Weight | Price Tgt: —
Glaukos (GKOS)
Brokerage Firm: Oppenheimer | Action: Initiated | Ratings Change: Perform | Price Tgt: —
Hasbro (HAS)
Brokerage Firm: Citigroup | Action: Initiated | Ratings Change: Buy | Price Tgt: $120
KB Home (KBH)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Neutral | Price Tgt: $37
Lennar (LEN)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Neutral | Price Tgt: $77
LGI Homes (LGIH)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $140
Lithia Motors (LAD)
Brokerage Firm: Citigroup | Action: Initiated | Ratings Change: Neutral | Price Tgt: $320
Martin Marietta (MLM)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Neutral | Price Tgt: $262
Masco (MAS)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $71
Mattel (MAT)
Brokerage Firm: Citigroup | Action: Initiated | Ratings Change: Neutral | Price Tgt: $17.50
Mohawk (MHK)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Neutral | Price Tgt: $134
Nucor (NUE)
Brokerage Firm: Morgan Stanley | Action: Initiated | Ratings Change: Equal-Weight | Price Tgt: $60
NVR (NVR)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $5558
Owens Corning (OC)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Sell | Price Tgt: $61
PulteGroup (PHM)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $57
Qorvo (QRVO)
Brokerage Firm: Rosenblatt | Action: Initiated | Ratings Change: Neutral | Price Tgt: $175
Steel Dynamics (STLD)
Brokerage Firm: Morgan Stanley | Action: Initiated | Ratings Change: Overweight | Price Tgt: $45
Summit Materials (SUM)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Sell | Price Tgt: $16
Textainer Group (TGH)
Brokerage Firm: B. Riley Securities | Action: Initiated | Ratings Change: Buy | Price Tgt: $31
Toll Brothers (TOL)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $62
Trex (TREX)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Buy | Price Tgt: $94
Triton International (TRTN)
Brokerage Firm: B. Riley Securities | Action: Initiated | Ratings Change: Buy | Price Tgt: $56
U.S. Steel (X)
Brokerage Firm: Morgan Stanley | Action: Initiated | Ratings Change: Equal-Weight | Price Tgt: $17
United Rentals (URI)
Brokerage Firm: KeyBanc Capital Markets | Action: Initiated | Ratings Change: Overweight | Price Tgt: $290
Venus Concept (VERO)
Brokerage Firm: Stifel | Action: Initiated | Ratings Change: Hold | Price Tgt: $2.50
ViacomCBS (VIAC)
Brokerage Firm: KeyBanc Capital Markets | Action: Initiated | Ratings Change: Underweight | Price Tgt: $30
Vulcan Materials (VMC)
Brokerage Firm: UBS | Action: Initiated | Ratings Change: Neutral | Price Tgt: $139
Walt Disney (DIS)
Brokerage Firm: KeyBanc Capital Markets | Action: Initiated | Ratings Change: Overweight | Price Tgt: $177
COVERAGE RESUMED
FuelCell Energy (FCEL)
Brokerage Firm: Canaccord Genuity | Action: Resumed | Ratings Change: Hold | Price Tgt: $8.50
REITERATED/PRICE TARGET CHANGED
Chevron (CVX)
Brokerage Firm: Cowen | Action: Reiterated | Ratings Change: Outperform | Price Tgt: $88 » $95
GameStop (GME)
Brokerage Firm: Telsey Advisory Group | Action: Reiterated | Ratings Change: Outperform | Price Tgt: $19 » $18
ON Semiconductor (ON)
Brokerage Firm: Craig Hallum | Action: Reiterated | Ratings Change: Buy | Price Tgt: $30 » $38
Qualcomm (QCOM)
Brokerage Firm: Cowen | Action: Reiterated | Ratings Change: Outperform | Price Tgt: $170 » $180
Steven Madden (SHOO)
Brokerage Firm: Telsey Advisory Group | Action: Reiterated | Ratings Change: Market Perform | Price Tgt: $27 » $36