Upgrades, Downgrades, and Initiations
Upgrades:
Block (XYZ) upgraded to Buy from Hold at StoneX, tgt $105
Casey’s General Stores (CASY) upgraded to Outperform from Market Perform at Raymond James, tgt $750
DT Midstream (DTM) upgraded to Overweight from Equal Weight at Morgan Stanley, tgt $170
Herc Holdings (HRI) upgraded to Overweight from Neutral at JPMorgan, tgt $175
Kymera Therapeutics (KYMR) upgraded to Outperform from Peer Perform at Wolfe Research, tgt $180
Meta Platforms (META) upgraded to Overweight from Neutral at JPMorgan, tgt $820
Novartis (NVS) upgraded to Hold from Reduce at HSBC
Orchestra BioMed (OBIO) upgraded to Buy from Neutral at BTIG, tgt $10
PACCAR (PCAR) upgraded to Outperform from Sector Perform at RBC Capital, tgt $150
Simmons First National (SFNC) upgraded to Outperform from Market Perform at Keefe, Bruyette & Woods, tgt $26
Synopsys (SNPS) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $475
Yum! Brands (YUM) upgraded to Overweight from Equal Weight at Wells Fargo, tgt $175
Downgrades:
AngloGold Ashanti (AU) downgraded to Market Perform from Outperform at BMO Capital, tgt $115
BioCryst Pharmaceuticals (BCRX) downgraded to Sector Perform from Outperform at RBC Capital, tgt $11
Bowhead Specialty (BOW) downgraded to Market Perform from Outperform at Citizens
Chewy (CHWY) downgraded to In Line from Outperform at Evercore ISI, tgt $25
Cooper Companies (COO) downgraded to Neutral from Buy at BofA, tgt $65
Cooper Companies (COO) downgraded to Neutral from Outperform at Robert W. Baird, tgt $61
Cooper Companies (COO) downgraded to Neutral from Overweight at Piper Sandler, tgt $59
Uber (UBER) downgraded to Neutral from Buy at Arete, tgt $74
United Rentals (URI) downgraded to Neutral from Overweight at JPMorgan, tgt $1,170
Others:
908 Devices (MASS) initiated with a Buy at Canaccord, tgt $13.50
Adagene (ADAG) initiated with a Buy at Chardan, tgt $9
Adlai Nortye (ANL) initiated with a Buy at Jefferies, tg
Aehr Test Systems (AEHR) initiated with an Outperform at Oppenheimer, tgt $120
Amer Sports (AS) initiated with a Buy at BTIG, tgt $42
Amer Sports (AS) resumed with an Equal Weight at Morgan Stanley, tgt $31
AMD (AMD) initiated with an Overweight at Piper Sandler, tgt $600
Antero Resources (AR) resumed with a Hold at Stifel, tgt $42
APA Corp. (APA) initiated with a Buy at Stifel, tgt $62
Arm Holdings (ARM) initiated with an Overweight at Piper Sandler, tgt $320
Broadcom (AVGO) initiated with an Overweight at Piper Sandler, tgt $460
California Resources (CRC) resumed with a Buy at Stifel, tgt $68
CareTrust REIT (CTRE) initiated with an Outperform at Huntington, tgt $44
Chiron Real Estate (XRN) initiated with a Market Perform at Huntington, tgt $37
Chord Energy (CHRD) resumed with a Buy at Stifel, tgt $182
Clean Harbors (CLH) initiated with an Outperform at William Blair
Coinbase (COIN) initiated with an Equal Weight at Morgan Stanley, tgt $250
Diamondback Energy (FANG) resumed with a Buy at Stifel, tgt $259
Devon Energy (DVN) resumed with a Buy at Stifel, tgt $61
Driven Brands (DRVN) resumed with an Underperform at BofA, tgt $12
Energy Transfer (ET) resumed with a Buy at Stifel, tgt $25
EOG Resources (EOG) resumed with a Hold at Stifel, tgt $158
Enterprise Products (EPD) resumed with a Hold at Stifel, tgt $40
FatPipe (FATN) initiated with a Buy at Roth Capital, tgt $8
FedEx Freight (FDXF) initiated with a Market Perform at Bernstein, tgt $133
Fervo Energy (FRVO) initiated with an Outperform at Northland, tgt $27
Gulfport Energy (GPOR) initiated with a Hold at Stifel, tgt $193
Intel (INTC) initiated with a Neutral at Piper Sandler, tgt $110
Janus Living (JAN) initiated with an Outperform at Huntington, tgt $36
Kinder Morgan (KMI) resumed with a Hold at Stifel, tgt $35
Knight-Swift (KNX) initiated with an Outperform at Bernstein, tgt $91
LTC Properties (LTC) initiated with an Outperform at Huntington, tgt $47
Mach Natural Resources (MNR) resumed with a Buy at Stifel, tgt $15
Marvell Technology (MRVL) initiated with an Overweight at Piper Sandler, tgt $270
MPLX (MPLX) resumed with a Hold at Stifel, tgt $65
National Health Investors (NHI) initiated with an Outperform at Huntington, tgt $79
Nebius Group (NBIS) initiated with a Buy at Truist, tgt $355
Nike (NKE) resumed with an Underweight at Morgan Stanley, tgt $31
NVIDIA (NVDA) initiated with an Overweight at Piper Sandler, tgt $300
Old Dominion (ODFL) initiated with a Market Perform at Bernstein, tgt $200
ONEOK (OKE) resumed with a Hold at Stifel, tgt $105
On Holding (ONON) resumed with an Overweight at Morgan Stanley, tgt $39
Ovintiv (OVV) initiated with a Buy at Stifel, tgt $92
Permian Resources (PR) resumed with a Buy at Stifel, tgt $30
Qualcomm (QCOM) initiated with a Neutral at Piper Sandler, tgt $190
Range Resources (RRC) resumed with a Hold at Stifel, tgt $46
RELX (RELX) initiated with a Buy at TD Cowen
Revolution Medicines (RVMD) initiated with an Overweight at Morgan Stanley, tgt $255
Sabra Healthcare REIT (SBRA) initiated with an Outperform at Huntington, tgt $23
Saia (SAIA) initiated with an Outperform at Bernstein, tgt $439
SK Hynix (SKHY) initiated with an Overweight at JPMorgan, tgt $245
StepStone Group (STEP) initiated with an Outperform at RBC Capital, tgt $65
Strawberry Fields REIT (STRW) initiated with a Market Perform at Huntington, tgt $15
Targa Resources (TRGP) resumed with a Buy at Stifel, tgt $340
TXO Partners (TXO) resumed with a Buy at Stifel, tgt $17
Under Armour (UAA) resumed with an Equal Weight at Morgan Stanley, tgt $4
Western Midstream Partners (WES) resumed with a Buy at Stifel, tgt $55
WhiteHawk Minerals (WHK) resumed with a Buy at Stifel, tgt $32
Williams Companies (WMB) resumed with a Buy at Stifel, tgt $85
XPO (XPO) initiated with an Outperform at Bernstein, tgt $244
Positions: TheStreet Pro Portfolio is long AVGO, META, MRVL, NVDA, PCAR, and URI.
