UPGRADES for Thursday, 7 JUL 22
Symbol Company Analyst Firm Upgrading
ABTX Allegiance Bancshares Raymond James
ADVM Adverum Biotech Truist *
BG Bunge JP Morgan
CARE Carter Bank & Trust Raymond James
CRNC Cerence RBC Capital Mkts
DE Deere Citigroup *
EDR Endeavor Group Citigroup *
EPR EPR Properties Janney *
FMBH First Mid-Illinois Bancshares Raymond James
FRME First Merchants Raymond James *
HTBC Hilltop Community Bancorp Raymond James *
LAMR Lamar Advertising Citigroup *
NTB Bank of N.T. Butterfield & Son Wells Fargo
ONEM 1Life Healthcare BTIG Research *
PLNT Planet Fitness Exane BNP Paribas
PNFP Pinnacle Finl Raymond James
PPBI Pacific Premier Raymond James *
PPL PPL Corp Evercore ISI
RF Regions Fincl Raymond James
SKY Skyline Champion Wedbush
TCBI Texas Capital Raymond James *
TS Tenaris Jefferies *
WSR Whitestone REIT JMP Securities
* = Upgrade to BUY
DOWNGRADES for Thursday, 7 JUL 22
Symbol Company Analyst Firm Downgrading
AZPN Aspen Tech Robert W. Baird
BLND Blend Labs KeyBanc Capital Markets
BSRR Sierra Bancorp Raymond James
CASH Meta Financial Raymond James
CATC Cambridge Bancorp Raymond James
CNI Canadian Nat'l Rail Scotiabank
CNSL Consolidated Comms Citigroup
CP Canadian Pacific Scotiabank
CSTR CapStar Financial Raymond James
CTMX CytomX Therapeutics Wedbush
CTMX CytomX Therapeutics Piper Sandler
CTMX CytomX Therapeutics Mizuho
CTMX CytomX Therapeutics Jefferies
DCOM Dime Community Raymond James
FCF First Commonwealth Raymond James
FCX Freeport-McMoRan Wolfe Research
FSBW FS Bancorp Raymond James
FVCB FVCBankcorp Raymond James
GNTY Guaranty Bancshares Raymond James
HBNC Horizon Bancorp Raymond James
HTH Hilltop Holdings Raymond James
K Kellogg UBS
KSS Kohl's Gordon Haskett
KSS Kohl's BofA Securities
LBAI Lakeland Bancorp Raymond James
LOB Live Oak Bancshares Raymond James
OSK Oshkosh Citigroup
OTIS Otis Worldwide JP Morgan
OZK Bank OZK Wells Fargo
OZK Bank OZK Raymond James
PACW PacWest Bancorp Raymond James
PFBC Preferred Bank Raymond James
PNC PNC Raymond James
RIO Rio Tinto Berenberg *
SAM Boston Beer Co RBC Capital Mkts
SCCO Southern Copper Wolfe Research
SEE Sealed Air BofA Securities
SMBK SmartFinancial Raymond James
SZGPY Salzgitter AG Jefferies
THFF First Financial Raymond James
UAL United Airlines Exane BNP Paribas
UAL United Airlines Argus
USNA USANA Jefferies
VBTX Veritex Holdings Raymond James
VTEX VTEX KeyBanc Capital Markets
* = DOWNGRADE to SELL
COVERAGE INITIATED for Thursday, 7 JUL 22
Symbol Company Analyst Firm Downgrading Initial Recommendation
ALEC Alector Mizuho BUY *
ATHA Athira Pharma Mizuho BUY *
BTAI BioXcel Therapeutics Mizuho BUY *
CERE Cerevel Therapeutics Mizuho Neutral
CTIC CTI BioPharma Cowen Outperform
DDOG Datadog Canaccord Genuity Hold
DUOL Duolingo Needham BUY *
ESTC Elastic Canaccord Genuity BUY *
EVGO EVgo Inc. Jefferies Hold
EYPT EyePoint Pharmaceuticals Chardan Capital Markets BUY *
FROG JFrog Canaccord Genuity BUY *
GMRE Global Medical REIT JMP Securities Mkt Perform
GTLB GitLab Needham BUY *
HRMY Harmony Biosciences Mizuho BUY *
HVRRY Hannover Ruckversich RBC Capital Mkts Outperform
ITCI Intra-Cellular Therapies Mizuho BUY *
MLTX MoonLake Immunotherapeutics Cowen Outperform
MURGY Munich Re RBC Capital Mkts Sector Perform
NEWR New Relic Canaccord Genuity BUY *
OWL Blue Owl Capital JP Morgan Neutral
PD PagerDuty Canaccord Genuity BUY *
ROVR Rover Group JP Morgan Neutral
SCRYY Scor RBC Capital Mkts Outperform
SPLK Splunk Canaccord Genuity BUY *
SSREY Swiss Re RBC Capital Mkts Sector Perform
REITERATIONS of Ratings for Thursday, 7 JUL 22
DIS Walt Disney Citigroup BUY *
SPOT Spotify Citigroup BUY *