BROKER MOVES: TSLA upgraded at Mizuho with PT matching St. high; MTCH downgraded at Jefferies

UPGRADES

• Albertsons Cos (ACI) Raised to Outperform at Telsey; PT USD 26


• Antero Resources (AR) Raised to Equal-Weight at Wells Fargo; PT USD 32


• AvalonBay (AVB) Raised to Overweight at JPMorgan; PT USD 262


• Berkshire Hills (BHLB) Raised to Buy at Seaport Global Securities


• Bioventus (BVS) Raised to Neutral at JPMorgan; PT USD 13


• Broadstone Net Lease (BNL) Raised to Market Outperform at JMP; PT USD 21


• Cloudflare (NET) Raised to Buy at Stifel; PT USD 136


• CNH Industrial (CNH) Raised to Overweight at Morgan Stanley; PT USD 16.50


• Cousins Properties (CUZ) Raised to Overweight at KeyBanc; PT USD 34


• Ecolab (ECL) Raised to Outperform at BMO; PT USD 290


• EOG Resources (EOG) Raised to Overweight at Wells Fargo; PT USD 150


• EPAM Systems (EPAM) Raised to Overweight at Barclays; PT USD 290


• First Industrial Realty (FR) Raised to Sector Weight at KeyBanc


• Getty Realty (GTY) Raised to Overweight at KeyBanc; PT USD 35


• Global Net Lease (GNL) Raised to Market Outperform at JMP; PT USD 9


• Horizon Technology (HRZN) Raised to Neutral at Compass Point; PT USD 8.25


• Macerich (MAC) Raised to Sector Perform at Scotiabank; PT USD 22


• Mid-America (MAA) Raised to Overweight at KeyBanc; PT USD 180


• MidWestOne Financial (MOFG) Raised to Outperform at KBW; PT USD 39


• Nordson (NDSN) Raised to Buy at Seaport Global Securities; PT USD 250


• Owens Corning (OC) Raised to Overweight at Wells Fargo; PT USD 225


• Quest Diagnostics (DGX) Raised to Overweight at Morgan Stanley


• Shoals Technologies (SHLS) Raised to Overweight at Morgan Stanley


• SolarEdge (SEDG) Raised to Buy at Goldman


• Tesla (TSLA) Raised to Outperform at Mizuho Securities; PT USD 515


• Timken (TKR) Raised to Overweight at Morgan Stanley; PT USD 93


• Veris Residential Inc (VRE) Raised to Neutral at JPMorgan; PT USD 17


• WillScot Holdings Corp (WSC) Raised to Overweight at Morgan Stanley


• Zimmer Biomet (ZBH) Raised to Overweight at JPMorgan; PT USD 128

DOWNGRADES:

• Agree Realty (ADC) Cut to Market Perform at JMP


• Alector (ALEC) Cut to Neutral at Mizuho Securities; PT USD 2.50


• APA Corp (APA) Cut to Equal-Weight at Wells Fargo; PT USD 25


• Apellis Pharma (APLS) Cut to Neutral at Goldman; PT USD 36


• Arcos Dorados (ARCO) Cut to Neutral at Grupo Santander; PT USD 9.80


• Axalta (AXTA) Cut to Sector Weight at KeyBanc


• Brown-Forman (BF/B) Cut to Underweight at JPMorgan; PT USD 43


• Camden Property (CPT) Cut to Underweight at JPMorgan; PT USD 128


• Canadian Solar (CSIQ) Cut to Sell at Goldman


• CervoMed Inc (CRVO) Cut to Neutral at HC Wainwright


• CommScope (COMM) Cut to Underweight at Morgan Stanley; PT USD 5


• EastGroup (EGP) Cut to Sector Weight at KeyBanc


• Elme Communities (ELME) Cut to Neutral at JPMorgan; PT USD 18


• Essex Property (ESS) Cut to Underweight at JPMorgan; PT USD 303


• Exelixis (EXEL) Cut to Neutral at BofA; PT USD 39


• Honest Co. (HNST) Cut to Hold at Loop Capital; PT USD 7


• Innovage (INNV) Cut to Underweight at JPMorgan; PT USD 5


• Marqeta (MQ) Cut to Equal-Weight at Barclays


• Masco (MAS) Cut to Equal-Weight at Wells Fargo; PT USD 85


• Match Group (MTCH) Cut to Hold at Jefferies; PT USD 32


• Pacs Group (PACS) Cut to Neutral at JPMorgan; PT USD 18


• PPG Industries (PPG) Cut to Sector Weight at KeyBanc


• TransMedics (TMDX) Cut to Neutral at JPMorgan; PT USD 75


• Viavi (VIAV) Cut to Underweight at Morgan Stanley; PT USD 9.50


• VICI Properties (VICI) Cut to Sector Weight at KeyBanc


• WEX (WEX) Cut to Equal-Weight at Barclays

INITIATIONS:

• Agilon Health (AGL) Rated New Neutral at Macquarie; PT USD 3


• Agree Realty (ADC) Rated New Underweight at Barclays; PT USD 76


• American Homes (AMH) Rated New Equal-Weight at Barclays; PT USD 39


• Aquestive Therapeutics (AQST) Rated New Overweight at Cantor; PT USD 17


• Astrana Health Inc (ASTH) Rated New Neutral at Macquarie; PT USD 41


• Atkore (ATKR) Rated New Buy at Roth Capital Partners; PT USD 100


• Avalo Therapeutics (AVTX) Rated New Buy at Lucid Capital Markets


• AvalonBay (AVB) Rated New Equal-Weight at Barclays; PT USD 243


• Centerspace (CSR) Rated New Neutral at Wedbush; PT USD 72


• Credo Technology (CRDO) Rated New Neutral at Susquehanna; PT USD 80


• Duolingo (DUOL) Rated New Buy at SPDB Intl HK; PT USD 400


• Elastic (ESTC) Rated New Overweight at Morgan Stanley


• Equity Residential (EQR) Rated New Overweight at Barclays; PT USD 83


• Esperion Therapeutics (ESPR) Rated New Overweight at Cantor; PT USD 8


• Essential Properties (EPRT) Rated New Overweight at Barclays; PT USD 35.94


• Essex Property (ESS) Rated New Equal-Weight at Barclays; PT USD 316


• Four Corners Property (FCPT) Rated New Equal-Weight at Barclays; PT USD 31


• Gaming and Leisure (GLPI) Rated New Equal-Weight at Barclays; PT USD 54.53


• Globant (GLOB) Rated New Positive at Susquehanna; PT USD 255


• Healthcare Services (HCSG) Rated New Neutral at Macquarie; PT USD 13


• Hesai Group (HSAI) ADRs Rated New Buy at SPDB Intl HK; PT USD 13.10


• Hims & Hers Health (HIMS) Rated New Overweight at Morgan Stanley


• iBio (IBIO) Rated New Buy at Lucid Capital Markets; PT USD 6


• Inari Medical (NARI) Rated New Outperform at Oppenheimer; PT USD 75


• Independence Realty (IRT) Rated New Equal-Weight at Barclays; PT USD 23


• Invitation Homes (INVH) Rated New Overweight at Barclays; PT USD 38


• Manchester United (MANU) Rated New Buy at UBS; PT USD 23


• MARA Holdings Inc (MARA) Rated New Overweight at Piper Sandler; PT USD 34


• Mid-America (MAA) Rated New Equal-Weight at Barclays; PT USD 166


• MongoDB (MDB) Rated New Buy at Rosenblatt Securities Inc


• NNN REIT Inc (NNN) Rated New Overweight at Barclays; PT USD 48


• Pediatrix Medical (MD) Rated New Outperform at Macquarie; PT USD 18


• Penumbra (PEN) Rated New Outperform at Oppenheimer; PT USD 275


• Privia Health (PRVA) Rated New Outperform at Macquarie; PT USD 25


• Realty Income (O) Rated New Equal-Weight at Barclays; PT USD 59


• Repligen (RGEN) Rated New Hold at Canaccord; PT USD 165


• Riot Platforms (RIOT) Rated New Overweight at Piper Sandler; PT USD 23


• Rubrik (RBRK) Rated New Neutral at Rosenblatt Securities Inc


• Silicon Labs (SLAB) Rated New Neutral at Susquehanna; PT USD 130


• Spire (SR) Rated New Neutral at Janney Montgomery; PT USD 73


• UDR (UDR) Rated New Overweight at Barclays; PT USD 50

17 Dec 2024 - 12:15- Research Sheet- Source: Newsquawk