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First Look Analysts Research Calls for Wednesday, March 22

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This report was sent to Briefing.com subscribers earlier today. 

Upgrades:

> Banco Santander (SAN) upgraded to Outperform from Neutral at Exane BNP Paribas

> DoubleVerify (DV) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $30

> Enphase Energy (ENPH) upgraded to Positive from Neutral at Susquehanna; tgt $275

> Knight-Swift (KNX) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $65

> Krispy Kreme, Inc. (DNUT) upgraded to Buy from Hold at Truist; tgt raised to $20

> Meta Platforms (META) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $240

> NIKE (NKE) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $154

> PulteGroup (PHM) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $64

> Rentokil (RTO) upgraded to Neutral from Underperform at Exane BNP Paribas

> Roper (ROP) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $420

> Ross Stores (ROST) upgraded to Buy from Hold at Loop Capital; tgt raised to $115

> Semtech (SMTC) upgraded to Buy from Neutral at B. Riley Securities; tgt raised to $52

> So-Young International (SY) upgraded to Buy from Neutral at Citigroup; tgt raised to $3

> Spotify (SPOT) upgraded to Buy from Neutral at Guggenheim; tgt raised to $155

> Transocean (RIG) upgraded to Buy from Neutral at Compass Point; tgt $7.50

> Warner Music Group (WMG) upgraded to Buy from Neutral at Guggenheim; tgt raised to $36

Downgrades:

> Altimmune (ALT) downgraded to Neutral from Buy at Goldman; tgt lowered to $6

> Antero Resources (AR) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $28

> Apple Hospitality REIT (APLE) downgraded to Neutral from Buy at Compass Point; tgt lowered to $17

> Con Edison ((ED) upgraded to Buy from Hold at Argus; tgt $104

> Cyxtera Technologies (CYXT) downgraded to Mkt Perform from Outperform at Raymond James

> D.R. Horton (DHI) downgraded to Peer Perform from Outperform at Wolfe Research

> Host Hotels (HST) downgraded to Neutral from Buy at Compass Point; tgt lowered to $18

> Invitation Homes (INVH) downgraded to Neutral from Buy at Mizuho; tgt lowered to $32

> Luminar Technologies (LAZR) downgraded to Sell from Neutral at Goldman; tgt $5

> Sunstone Hotel (SHO) downgraded to Sell from Neutral at Compass Point; tgt lowered to $9

> Wipro (WIT) downgraded to Underperform from Mkt Perform at Bernstein; tgt lowered to $3.90

Others:

> Academy Sports + Outdoors (ASO) initiated with an Outperform at Robert W. Baird; tgt $80

> ChargePoint (CHPT) resumed with a Neutral at Goldman; tgt $10

> EPR Properties (EPR) initiated with a Mkt Perform at JMP Securities

> Live Nation (LYV) initiated with a Neutral at ROTH MKM

> MoonLake Immunotherapeutics (MLTX) initiated with an Outperform at Wedbush; tgt $33

> New York Community (NYCB) resumed with a Strong Buy at Raymond James; tgt $13

> Open Text (OTEX) resumed with an Equal Weight at Barclays; tgt $41

> Procore Technologies (PCOR) initiated with a Buy at DA Davidson; tgt $72

> Tricon Residential (TCN) initiated with a Buy at Mizuho; tgt $9

> Verrica Pharmaceuticals (VRCA) initiated with a Buy at Jefferies; tgt $10

 

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