This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Callon Petroleum (CPE) upgraded to Neutral from Underweight at JP Morgan; tgt $57
> Comcast (CMCSA) upgraded to Equal Weight from Underweight at Wells Fargo; tgt raised to $38
> CrowdStrike (CRWD) upgraded to Buy from Outperform at Daiwa Securities; tgt lowered to $181
> Domino’s Pizza (DPZ) upgraded to Buy from Neutral at BTIG Research; tgt $460
> Huntington Banc (HBAN) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $19
Downgrades:
> Allegiant Travel (ALGT) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $115
> Angel Oak Mortgage (AOMR) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $6.50
> Daqo New Energy (DQ) downgraded to Neutral from Buy at Goldman; tgt lowered to $70
> First Republic Bank (FRC) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $102
> Starbucks (SBUX) downgraded to Hold from Buy at Deutsche Bank; tgt raised to $106
Others:
> Alaska Air (ALK) initiated with a Buy at Citigroup; tgt $55
> Ameris Bancorp (ABCB) resumed with an Overweight at Piper Sandler; tgt $62
> Atlantic Union Bankshares (AUB) resumed with an Overweight at Piper Sandler; tgt $42
> Bank OZK (OZK) initiated with an Equal-Weight at Morgan Stanley; tgt $48
> Cadence Bank (CADE) initiated with an Equal-Weight at Morgan Stanley; tgt $32
> Carter Bank & Trust (CARE) resumed with a Neutral at Piper Sandler; tgt $19
> Choice Hotels (CHH) initiated with an Equal-Weight at Morgan Stanley; tgt $137
> Citizens Financial Group (CFG) assumed with an Overweight at Morgan Stanley; tgt raised to $53
> Comerica (CMA) initiated with an Equal-Weight at Morgan Stanley; tgt $89
> Community Financial (TCFC) resumed with an Overweight at Piper Sandler; tgt $53
> Cullen/Frost (CFR) initiated with an Overweight at Morgan Stanley; tgt $178
> Day One Biopharmaceuticals (DAWN) initiated with a Buy at Goldman; tgt $45
> Diamondrock Hospitality (DRH) initiated with an Equal-Weight at Morgan Stanley; tgt $10
> Eagle Bancorp (EGBN) resumed with a Neutral at Piper Sandler; tgt $50
> East West Banc (EWBC) initiated with an Equal-Weight at Morgan Stanley; tgt $84
> Fifth Third (FITB) assumed with an Equal-Weight at Morgan Stanley; tgt $37
> First Comm Banc (FCBC) resumed with an Underweight at Piper Sandler; tgt $37
> FVCBankcorp (FVCB) resumed with an Overweight at Piper Sandler; tgt $22
> Hilton (HLT) initiated with an Overweight at Morgan Stanley; tgt $171
> Host Hotels (HST) initiated with an Equal-Weight at Morgan Stanley; tgt $20
> KeyCorp (KEY) initiated with an Equal-Weight at Morgan Stanley; tgt $22
> M&T Bank (MTB) assumed with an Overweight at Morgan Stanley; tgt raised to $235
> Marriott (MAR) initiated with an Overweight at Morgan Stanley; tgt $190
> Membership Collective Group (MCG) initiated with an Equal-Weight at Morgan Stanley; tgt $4.50
> New York Community (NYCB) initiated with an Equal-Weight at Morgan Stanley; tgt $10
> Park Hotels & Resorts (PK) initiated with an Equal-Weight at Morgan Stanley; tgt $15
> Pebblebrook Hotel Trust (PEB) initiated with an Underweight at Morgan Stanley; tgt $15
> Prosperity Bancshares (PB) initiated with an Equal-Weight at Morgan Stanley; tgt $69
> Sandy Spring Banc (SASR) resumed with a Neutral at Piper Sandler; tgt $39
> Shore Bancshares (SHBI) resumed with an Overweight at Piper Sandler; tgt $22
> Southern First Bancshares (SFST) initiated with a Neutral at Piper Sandler; tgt $51
> United Bankshares (UBSI) resumed with a Neutral at Piper Sandler; tgt $45
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