Last Updated: 13-May-25 15:52 ET
Tuesday, May 13
UPGRADES
Antero Resources  (AR)
Brokerage Firm:  Mizuho  |  Action:  Upgrade  |  Ratings Change:  Neutral » Outperform  |  Price Tgt:  $49
Aon  (AON)
Brokerage Firm:  Goldman  |  Action:  Upgrade  |  Ratings Change:  Neutral » Buy  |  Price Tgt:  $408
argenx  (ARGX)
Brokerage Firm:  Robert W. Baird  |  Action:  Upgrade  |  Ratings Change:  Neutral » Outperform  |  Price Tgt:  $680
Caterpillar  (CAT)
Brokerage Firm:  Robert W. Baird  |  Action:  Upgrade  |  Ratings Change:  Neutral » Outperform  |  Price Tgt:  $395
Coinbase Global  (COIN)
Brokerage Firm:  Monness Crespi & Hardt  |  Action:  Upgrade  |  Ratings Change:  Neutral » Buy  |  Price Tgt:  $300
CubeSmart  (CUBE)
Brokerage Firm:  BofA Securities  |  Action:  Upgrade  |  Ratings Change:  Neutral » Buy  |  Price Tgt:  $50
Delek US Holdings  (DK)
Brokerage Firm:  Mizuho  |  Action:  Upgrade  |  Ratings Change:  Neutral » Outperform  |  Price Tgt:  $23
Expand Energy  (EXE)
Brokerage Firm:  Piper Sandler  |  Action:  Upgrade  |  Ratings Change:  Neutral » Overweight  |  Price Tgt:  $136
First Solar  (FSLR)
Brokerage Firm:  Wolfe Research  |  Action:  Upgrade  |  Ratings Change:  Peer Perform » Outperform  |  Price Tgt:  $221
HF Sinclair  (DINO)
Brokerage Firm:  Mizuho  |  Action:  Upgrade  |  Ratings Change:  Neutral » Outperform  |  Price Tgt:  $47
Insulet  (PODD)
Brokerage Firm:  Wolfe Research  |  Action:  Upgrade  |  Ratings Change:  Peer Perform » Outperform  |  Price Tgt:  $350
PBF Energy  (PBF)
Brokerage Firm:  UBS  |  Action:  Upgrade  |  Ratings Change:  Neutral » Buy  |  Price Tgt:  $26
Peloton  (PTON)
Brokerage Firm:  Macquarie  |  Action:  Upgrade  |  Ratings Change:  Neutral » Outperform  |  Price Tgt:  $10
PennantPark Floating Rate Capital  (PFLT)
Brokerage Firm:  Ladenburg Thalmann  |  Action:  Upgrade  |  Ratings Change:  Neutral » Buy  |  Price Tgt:  $10.50
Ryan Specialty Group  (RYAN)
Brokerage Firm:  Goldman  |  Action:  Upgrade  |  Ratings Change:  Neutral » Buy  |  Price Tgt:  $81
Stanley Black & Decker  (SWK)
Brokerage Firm:  Barclays  |  Action:  Upgrade  |  Ratings Change:  Equal Weight » Overweight  |  Price Tgt:  $90
Terex  (TEX)
Brokerage Firm:  Robert W. Baird  |  Action:  Upgrade  |  Ratings Change:  Neutral » Outperform  |  Price Tgt:  $66
Valero Energy  (VLO)
Brokerage Firm:  Goldman  |  Action:  Upgrade  |  Ratings Change:  Neutral » Buy  |  Price Tgt:  $154
XP  (XP)
Brokerage Firm:  Morgan Stanley  |  Action:  Upgrade  |  Ratings Change:  Equal-Weight » Overweight  |  Price Tgt:  $24
DOWNGRADES
Affimed Therapeutics  (AFMD)
Brokerage Firm:  Leerink Partners  |  Action:  Downgrade  |  Ratings Change:  Outperform » Market Perform  |  Price Tgt:  --
Brown & Brown  (BRO)
Brokerage Firm:  Goldman  |  Action:  Downgrade  |  Ratings Change:  Buy » Neutral  |  Price Tgt:  $119
Chevron  (CVX)
Brokerage Firm:  HSBC Securities  |  Action:  Downgrade  |  Ratings Change:  Buy » Hold  |  Price Tgt:  $158
Enphase Energy  (ENPH)
Brokerage Firm:  BNP Paribas Exane  |  Action:  Downgrade  |  Ratings Change:  Neutral » Underperform  |  Price Tgt:  $40
Enphase Energy  (ENPH)
Brokerage Firm:  BMO Capital Markets  |  Action:  Downgrade  |  Ratings Change:  Market Perform » Underperform  |  Price Tgt:  $40
Enphase Energy  (ENPH)
Brokerage Firm:  Barclays  |  Action:  Downgrade  |  Ratings Change:  Overweight » Underweight  |  Price Tgt:  $40
Halozyme Therapeutics  (HALO)
Brokerage Firm:  Leerink Partners  |  Action:  Downgrade  |  Ratings Change:  Market Perform » Underperform  |  Price Tgt:  $47
HUTCHMED  (HCM)
Brokerage Firm:  HSBC Securities  |  Action:  Downgrade  |  Ratings Change:  Buy » Hold  |  Price Tgt:  --
Independence Realty Trust  (IRT)
Brokerage Firm:  Compass Point  |  Action:  Downgrade  |  Ratings Change:  Buy » Neutral  |  Price Tgt:  $22
iTeos Therapeutics  (ITOS)
Brokerage Firm:  JP Morgan  |  Action:  Downgrade  |  Ratings Change:  Overweight » Neutral  |  Price Tgt:  --
Johnson & Johnson  (JNJ)
Brokerage Firm:  Leerink Partners  |  Action:  Downgrade  |  Ratings Change:  Outperform » Market Perform  |  Price Tgt:  $153
Murphy Oil  (MUR)
Brokerage Firm:  Mizuho  |  Action:  Downgrade  |  Ratings Change:  Outperform » Neutral  |  Price Tgt:  $31
NexPoint Residential  (NXRT)
Brokerage Firm:  Compass Point  |  Action:  Downgrade  |  Ratings Change:  Buy » Neutral  |  Price Tgt:  $42.50
Nextdoor  (KIND)
Brokerage Firm:  Morgan Stanley  |  Action:  Downgrade  |  Ratings Change:  Equal-Weight » Underweight  |  Price Tgt:  $1.10
Rapid7  (RPD)
Brokerage Firm:  DA Davidson  |  Action:  Downgrade  |  Ratings Change:  Neutral » Underperform  |  Price Tgt:  $21
COVERAGE INITIATED
Assoc Banc-Corp  (ASB)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Hold  |  Price Tgt:  $26
Black Hills Corp   (BKH)
Brokerage Firm:  BMO Capital Markets  |  Action:  Initiated  |  Ratings Change:  Outperform  |  Price Tgt:  $68
Bright Minds Biosciences  (DRUG)
Brokerage Firm:  TD Cowen  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  --
Calumet Specialty Products  (CLMT)
Brokerage Firm:  BofA Securities  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $15
CRH Plc.  (CRH)
Brokerage Firm:  Bernstein  |  Action:  Initiated  |  Ratings Change:  Outperform  |  Price Tgt:  $115
East West Banc  (EWBC)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Hold  |  Price Tgt:  $102
Evergy  (EVRG)
Brokerage Firm:  BMO Capital Markets  |  Action:  Initiated  |  Ratings Change:  Outperform  |  Price Tgt:  $75
F.N.B. Corp  (FNB)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $16.50
First Financial Bancorp  (FFBC)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Hold  |  Price Tgt:  $27
First Horizon  (FHN)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Hold  |  Price Tgt:  $21
Flagstar Financial  (FLG)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Hold  |  Price Tgt:  $13
Gran Tierra Energy  (GTE)
Brokerage Firm:  Stifel  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  --
Insmed  (INSM)
Brokerage Firm:  Jefferies  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $105
NorthWestern  (NWE)
Brokerage Firm:  BMO Capital Markets  |  Action:  Initiated  |  Ratings Change:  Market Perform  |  Price Tgt:  $60
Old National Bancorp  (ONB)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $26
Pinnacle Finl  (PNFP)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $123
Pinnacle West  (PNW)
Brokerage Firm:  BMO Capital Markets  |  Action:  Initiated  |  Ratings Change:  Market Perform  |  Price Tgt:  $95
Portland Gen Elec  (POR)
Brokerage Firm:  BMO Capital Markets  |  Action:  Initiated  |  Ratings Change:  Market Perform  |  Price Tgt:  $46
South State  (SSB)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $106
UMB Financial Corporation  (UMBF)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $120
Valley National  (VLY)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Hold  |  Price Tgt:  $10
Webster Financial  (WBS)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $61
Western Alliance Bancorp  (WAL)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Buy  |  Price Tgt:  $92
Zions Bancorp  (ZION)
Brokerage Firm:  Truist  |  Action:  Initiated  |  Ratings Change:  Hold  |  Price Tgt:  $52
COVERAGE RESUMED
Blue Owl Capital  (OBDC)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Buy  |  Price Tgt:  $15
Fidus Investment  (FDUS)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Buy  |  Price Tgt:  $22
First Bancorp  (FBNC)
Brokerage Firm:  Piper Sandler  |  Action:  Resumed  |  Ratings Change:  Neutral  |  Price Tgt:  $48
FS KKR Capital  (FSK)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Neutral  |  Price Tgt:  $19
Horizon Technology Finance  (HRZN)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Neutral  |  Price Tgt:  $7
New Mountain Finance  (NMFC)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Neutral  |  Price Tgt:  $11
Oaktree Specialty Lending Corp  (OCSL)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Neutral  |  Price Tgt:  $14
Saratoga Investment  (SAR)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Neutral  |  Price Tgt:  $23.50
Sixth Street Specialty Lending  (TSLX)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Buy  |  Price Tgt:  $23
SLR Capital Partners  (SLRC)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Buy  |  Price Tgt:  $17
Trinity Capital  (TRIN)
Brokerage Firm:  B. Riley Securities  |  Action:  Resumed  |  Ratings Change:  Buy  |  Price Tgt:  $16
REITERATED/PRICE TARGET CHANGED
Phillips 66  (PSX)
Brokerage Firm:  TD Cowen  |  Action:  Reiterated  |  Ratings Change:  Buy  |  Price Tgt:  $114 » $120