Upgrades:
American Outdoor Brands (AOUT) upgraded to Buy from Neutral at B. Riley Securities; tgt $11
Arco Platform (ARCE) upgraded to Overweight from Neutral at JP Morgan; tgt lowered to $20
Gap (GPS) upgraded to Equal Weight from Underweight at Barclays
MakeMyTrip (MMYT) upgraded to Buy from Neutral at BofA Securities; tgt raised to $40
Pinduoduo (PDD) upgraded to Buy from Hold at HSBC Securities; tgt $93
Pinduoduo (PDD) upgraded to Buy at BOCOM Int’l
Sealed Air (SEE) upgraded to Neutral from Underweight at JP Morgan; tgt lowered to $58
Downgrades:
Azure Power (AZRE) downgraded to Underperform from Outperform at Credit Suisse; tgt lowered to $5
Cabaletta Bio (CABA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $3
Genesco (GCO) downgraded to Neutral from Buy at Seaport Research Partners
Lument Finance Trust (LFT) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $2.75
Molecular Partners AG (MOLN) downgraded to Sector Perform from Outperform at RBC Capital Mkts
ObsEva (OBSV) downgraded to Neutral from Buy at H.C. Wainwright
Others:
Ascendis Pharma (ASND) resumed with a Buy at Berenberg; tgt $166
Blue Foundry Bancorp (BLFY) initiated with a Mkt Perform at Keefe Bruyette; tgt $13.25
Bowlero (BOWL) initiated with an Overweight at JP Morgan; tgt $17
Enhabit Inc. (EHAB) initiated with a Buy at Jefferies; tgt $20
European Wax Center (EWCZ) initiated with a Neutral at Piper Sandler; tgt $22
FiscalNote Holdings (NOTE) initiated with a Buy at BTIG Research; tgt $14
General Dynamics (GD) initiated with an Outperform at RBC Capital Mkts; tgt $275
IN8bio (INAB) initiated with a Buy at H.C. Wainwright; tgt $14
Iris Energy (IREN) initiated with a Buy at H.C. Wainwright; tgt $7
L3Harris (LHX) initiated with an Outperform at RBC Capital Mkts; tgt $285
Leidos (LDOS) initiated with a Sector Perform at RBC Capital Mkts; tgt $106
Lockheed Martin (LMT) initiated with a Sector Perform at RBC Capital Mkts; tgt $460
Northrop Grumman (NOC) initiated with a Sector Perform at RBC Capital Mkts; tgt $550
Spire Global (SPIR) initiated with a Buy at Canaccord Genuity; tgt $3.50
Whitestone REIT (WSR) initiated with a Hold at Truist; tgt $10