Upgrades, Downgrades and New Stock Initiations
Upgrades:
AN2 Therapeutics ($ANTX) upgraded to Outperform from Market Perform at Leerink, target $9
Cheesecake Factory ($CAKE) upgraded to Neutral from Underweight at JPMorgan, target $68
Commercial Metals ($CMC) upgraded to Buy from Neutral at UBS, target $89
Compass Minerals ($CMP) upgraded to Neutral from Underweight at JPMorgan, target $30
Gladstone Land ($LAND) upgraded to Buy from Neutral at Lucid Capital, target $11.50
Illumina ($ILMN) upgraded to Outperform from Neutral at Daiwa, target $155
Orsted ($DNNGY) upgraded to Overweight from Equal Weight at Morgan Stanley
Starbucks ($SBUX) upgraded to Buy from Hold at TD Cowen, target $120
Staar Surgical ($STAA) upgraded to Outperform from Neutral at Wedbush, target $40
Downgrades:
Amphastar ($AMPH) downgraded to Equal Weight from Overweight at Wells Fargo, target $19
Autohome ($ATHM) downgraded to Hold from Buy at HSBC, target $17.30
Bandai Namco ($NCBDF) downgraded to Sell from Buy at Goldman
Camden Property ($CPT) downgraded to Underperform from Sector Perform at Scotiabank, target $95
Doximity ($DOCS) downgraded to Equal Weight from Overweight at Wells Fargo, target $18
Doximity ($DOCS) downgraded to Hold from Buy at Jefferies, target $19
Doximity ($DOCS) downgraded to Neutral from Buy at BTIG Research
Doximity ($DOCS) downgraded to Neutral from Outperform at Robert W. Baird, target $18
Doximity ($DOCS) downgraded to Sector Weight from Overweight at KeyBanc
Everpure ($P) downgraded to Neutral from Buy at Citigroup, target $90
Flex LNG ($FLNG) downgraded to Reduce from Hold at Kepler Cheuvreux, target $25
JBS ($JBS) downgraded to Neutral from Overweight at JPMorgan, target $18.50
KT Corp. ($KT) downgraded to Neutral from Buy at BofA Securities, target $23.08
MAA ($MAA) downgraded to Underperform from Sector Perform at Scotiabank, target $120
Prestige Consumer ($PBH) downgraded to Perform from Outperform at Oppenheimer
Solv Energy ($MWH) downgraded to Neutral from Buy at UBS, target $50
Solstice Advance Materials ($SOLS) downgraded to Hold from Buy at Vertical Research; target $90
Tango Therapeutics ($TNGX) downgraded to Hold from Buy at Jefferies, target $27
Whirlpool ($WHR) downgraded to Neutral from Buy at Goldman, target $53
Wix.com ($WIX) downgraded to Equal Weight from Overweight at Wells Fargo, target $54
Wix.com ($WIX) downgraded to Neutral from Buy at Citigroup, target $66
Wix.com ($WIX) downgraded to Sector Perform from Outperform at RBC Capital, target $60
Initiations
Academy Sports ($ASO) initiated with an Overweight at Stephens, target $78
Brightstar Lottery ($BRSL) initiated with a Neutral at BNP Paribas Exane, target $12.60
Cipher Mining ($CIFR) initiated with a Buy at Jefferies, target $32
DraftKings ($DKNG) initiated with an Underperform at BNP Paribas Exane, target $20
Flutter Entertainment ($FLUT) initiated with an Underperform at BNP Paribas Exane, target $80
Hut 8 ($HUT) initiated with a Buy at Jefferies, target $156
Kalaris Therapeutics ($KLRS) initiated with an Outperform at Wedbush, target $17
Riot Platforms ($RIOT) initiated with a Hold at Jefferies, target $24
Suncrete ($RMIX) initiated with a Buy at Roth Capital, target $21
TeraWulf ($WULF) initiated with a Buy at Jefferies, target $28
Position: None
