| BTIG Research | Reiterates | Aardvark Therapeutics (AARD) | $3.69 | $9.00 | Buy ➝ Buy |
| Barclays | Raises Target | Abivax (ABVX) | $110.05 | $142.00 ➝ $148.00 | Overweight ➝ Overweight |
| Morgan Stanley | Raises Target | ProFrac (ACDC) | $6.73 | $4.00 ➝ $5.00 | Underweight ➝ Underweight |
| JPMorgan Chase & Co. | Raises Target | Archer Daniels Midland (ADM) | $71.39 | $61.00 ➝ $65.00 | Underweight ➝ Underweight |
| Erste Group Bank | Downgrades | Agnico Eagle Mines (AEM) | $184.58 | | Buy ➝ Hold |
| Barclays | Lowers Target | Grupo Aeromexico (AERO) | $13.32 | $32.00 ➝ $25.00 | Overweight ➝ Overweight |
| BMO Capital Markets | Upgrades | First Majestic Silver (AG) | $20.02 | | Market Perform ➝ Outperform |
| BMO Capital Markets | Upgrades | Arthur J. Gallagher & Co. (AJG) | $217.44 | $275.00 ➝ $278.00 | Market Perform ➝ Outperform |
| Deutsche Bank Aktiengesellschaft | Downgrades | Akzo Nobel (AKZOY) | $18.62 | | Buy ➝ Hold |
| BMO Capital Markets | Initiates | Alaska Air Group (ALK) | $38.41 | $50.00 | Outperform |
| Piper Sandler | Lowers Target | Alkermes (ALKS) | $28.25 | $45.00 ➝ $43.00 | Overweight ➝ Overweight |
| Barclays | Lowers Target | Alvotech (ALVO) | $3.14 | $5.00 ➝ $4.00 | Underweight ➝ Underweight |
| UBS Group | Lowers Target | Alvotech (ALVO) | $3.14 | $10.00 ➝ $6.00 | Buy ➝ Buy |
| Evercore | Raises Target | APA (APA) | $40.86 | $25.00 ➝ $40.00 | Neutral ➝ Neutral |
| Truist Financial | Initiates | APA (APA) | $40.86 | $38.00 | Buy ➝ Hold |
| Guggenheim | Raises Target | Apogee Therapeutics (APGE) | $73.65 | $130.00 ➝ $160.00 | Buy ➝ Buy |
| Canaccord Genuity Group | Raises Target | Apogee Therapeutics (APGE) | $73.65 | $89.00 ➝ $130.00 | Buy ➝ Buy |
| Citigroup | Raises Target | Apogee Therapeutics (APGE) | $73.65 | $95.00 ➝ $125.00 | Buy ➝ Buy |
| Wells Fargo & Company | Lowers Target | Apple Hospitality REIT (APLE) | $11.86 | $13.00 ➝ $12.00 | Equal Weight ➝ Equal Weight |
| BMO Capital Markets | Lowers Target | Apollo Global Management (APO) | $109.37 | $135.00 ➝ $116.00 | Market Perform ➝ Market Perform |
| Truist Financial | Initiates | Antero Resources (AR) | $43.55 | $56.00 | Hold ➝ Buy |
| BMO Capital Markets | Lowers Target | Ares Management (ARES) | $105.79 | $140.00 ➝ $112.00 | Market Perform ➝ Market Perform |
| BTIG Research | Reiterates | Avalo Therapeutics (AVTX) | $13.22 | $40.00 | Buy ➝ Buy |
| Deutsche Bank Aktiengesellschaft | Upgrades | Basf (BASFY) | $14.15 | | Hold ➝ Buy |
| JPMorgan Chase & Co. | Raises Target | Bunge Global (BG) | $124.73 | $130.00 ➝ $134.00 | Overweight ➝ Overweight |
| Truist Financial | Initiates | BKV (BKV) | $29.46 | $37.00 | Buy ➝ Buy |
| Stephens | Reiterates | Builders FirstSource (BLDR) | $84.43 | $125.00 | Equal Weight ➝ Equal Weight |
| Berenberg Bank | Reiterates | Henry Boot (BOOT) | GBX 174 | GBX 326 | Buy |
| Morgan Stanley | Upgrades | BP (BP) | $44.71 | $49.40 | Equal Weight ➝ Overweight |
| Scotiabank | Raises Target | Brixmor Property Group (BRX) | $28.95 | $29.00 ➝ $33.00 | Sector Outperform ➝ Sector Outperform |
| BMO Capital Markets | Lowers Target | Blackstone (BX) | $107.13 | $165.00 ➝ $126.00 | Outperform ➝ Outperform |
| Morgan Stanley | Lowers Target | Cabaletta Bio (CABA) | $2.68 | $14.00 ➝ $13.00 | Overweight ➝ Overweight |
| Guggenheim | Raises Target | Cabaletta Bio (CABA) | $2.68 | $15.00 ➝ $16.00 | Buy ➝ Buy |
| Morgan Stanley | Raises Target | Camtek (CAMT) | $178.63 | $151.00 ➝ $161.00 | Equal Weight ➝ Equal Weight |
| Barclays | Lowers Target | Carnival (CCL) | $25.50 | $37.00 ➝ $36.00 | Overweight ➝ Overweight |
| Truist Financial | Lowers Target | Carnival (CCL) | $25.50 | $34.00 ➝ $30.00 | Hold ➝ Hold |
| BMO Capital Markets | Lowers Target | Carlyle Group (CG) | $47.32 | $65.00 ➝ $58.00 | Outperform ➝ Outperform |
| Truist Financial | Initiates | Chord Energy (CHRD) | $137.38 | $169.00 | Buy ➝ Buy |
| B. Riley Financial | Initiates | Climb Bio (CLYM) | $6.72 | $26.00 | Buy |
| Guggenheim | Reiterates | Compass Therapeutics (CMPX) | $5.25 | $12.00 | Buy ➝ Buy |
| UBS Group | Raises Target | Core Natural Resources (CNR) | $112.07 | $109.00 ➝ $115.00 | Buy ➝ Buy |
| Canaccord Genuity Group | Raises Target | Corero Network Security (CNS) | GBX 12.25 | GBX 19 ➝ GBX 20 | Buy |
| Guggenheim | Reiterates | Context Therapeutics (CNTX) | $3.16 | $5.00 | Buy ➝ Buy |
| Piper Sandler | Raises Target | Context Therapeutics (CNTX) | $3.16 | $4.00 ➝ $7.00 | Overweight ➝ Overweight |
| Truist Financial | Initiates | CNX Resources (CNX) | $40.79 | $35.00 | Hold ➝ Sell |
| Truist Financial | Initiates | ConocoPhillips (COP) | $129.19 | $124.00 | Buy ➝ Hold |
| Barclays | Lowers Target | Copa (CPA) | $113.39 | $185.00 ➝ $165.00 | Overweight ➝ Overweight |
| Deutsche Bank Aktiengesellschaft | Lowers Target | Croda International (CRDA) | GBX 2,739 | GBX 3,100 ➝ GBX 3,000 | Hold |
| Bank of America | Upgrades | CoreWeave (CRWV) | $83.50 | $100.00 | Neutral ➝ Buy |
| Loop Capital | Initiates | CommVault Systems (CVLT) | $78.71 | $125.00 | Buy |
| Truist Financial | Initiates | Adtalem Global Education (CVSA) | $114.16 | $130.00 | Buy |
| UBS Group | Raises Target | Clearway Energy (CWEN.A) | $39.45 | $39.00 ➝ $44.00 | Buy ➝ Buy |
| Benchmark | Initiates | CoreCivic (CXW) | $20.25 | $28.00 | Buy |
| JPMorgan Chase & Co. | Raises Target | Darling Ingredients (DAR) | $58.05 | $59.00 ➝ $69.00 | Overweight ➝ Overweight |
| Truist Financial | Initiates | Diversified Energy (DEC) | $16.89 | $22.00 | Buy ➝ Buy |
| Truist Financial | Initiates | Delek Logistics Partners (DKL) | $54.13 | $57.00 | Buy ➝ Hold |
| Truist Financial | Initiates | Devon Energy (DVN) | $50.35 | $63.00 | Hold ➝ Buy |
| Evercore | Upgrades | DexCom (DXCM) | $66.76 | $90.00 | In-Line ➝ Outperform |
| JPMorgan Chase & Co. | Upgrades | Ecolab (ECL) | $265.98 | $295.00 | Neutral ➝ Overweight |
| Robert W. Baird | Lowers Target | Ecolab (ECL) | $265.98 | $320.00 ➝ $296.00 | Outperform ➝ Outperform |
| Wells Fargo & Company | Lowers Target | Estee Lauder Companies (EL) | $71.02 | $105.00 ➝ $90.00 | Equal Weight ➝ Equal Weight |
| Deutsche Bank Aktiengesellschaft | Raises Target | Entain (ENT) | GBX 586.30 | GBX 1,029 ➝ GBX 1,055 | Buy |
| Truist Financial | Initiates | EOG Resources (EOG) | $142.72 | $146.00 | Hold ➝ Hold |
| Truist Financial | Initiates | Enterprise Products Partners (EPD) | $38.38 | $36.00 | Buy ➝ Hold |
| Morgan Stanley | Upgrades | Equinor ASA (EQNR) | $39.98 | $40.40 | Underweight ➝ Equal Weight |
| Truist Financial | Initiates | EQT (EQT) | $65.67 | $74.00 | Hold ➝ Buy |
| Truist Financial | Initiates | Energy Transfer (ET) | $19.22 | $23.00 | Buy |
| JPMorgan Chase & Co. | Lowers Target | EVE (EVEX) | $2.48 | $7.00 ➝ $6.00 | Overweight ➝ Overweight |
| Shore Capital Group | Reiterates | Everplay Group (EVPL) | GBX 232 | | Buy |
| BTIG Research | Reiterates | Exact Sciences (EXAS) | $104.91 | | Neutral ➝ Neutral |
| Truist Financial | Initiates | Expand Energy (EXE) | $110.08 | $136.00 | Buy ➝ Buy |
| Truist Financial | Initiates | Diamondback Energy (FANG) | $197.60 | $222.00 | Buy ➝ Buy |
| Robert W. Baird | Lowers Target | Fair Isaac (FICO) | $980.73 | $1,960.00 ➝ $1,547.00 | Outperform ➝ Outperform |
| JPMorgan Chase & Co. | Lowers Target | Fair Isaac (FICO) | $980.73 | $1,825.00 ➝ $1,325.00 | Neutral ➝ Neutral |
| Canaccord Genuity Group | Reiterates | Flowtech Fluidpower (FLO) | GBX 46.35 | GBX 100 | Buy |
| UBS Group | Upgrades | JFrog (FROG) | $43.09 | $60.00 | Neutral ➝ Buy |
| Scotiabank | Raises Target | Federal Realty Investment Trust (FRT) | $104.03 | $113.00 ➝ $118.00 | Sector Outperform ➝ Sector Outperform |
| Morgan Stanley | Raises Target | FTAI Aviation (FTAI) | $245.28 | $266.00 ➝ $293.00 | Overweight ➝ Overweight |
| Berenberg Bank | Reiterates | Gamma Communications (GAMA) | GBX 745.60 | GBX 1,570 | Buy |
| Cantor Fitzgerald | Initiates | Generate Biomedicines (GENB) | $12.09 | | Overweight |
| Guggenheim | Initiates | Generate Biomedicines (GENB) | $12.09 | $30.00 | Buy |
| The Goldman Sachs Group | Initiates | Generate Biomedicines (GENB) | $12.09 | $26.00 | Buy |
| Morgan Stanley | Initiates | Generate Biomedicines (GENB) | $12.09 | $20.00 | Overweight |
| Piper Sandler | Initiates | Generate Biomedicines (GENB) | $12.09 | $24.00 | Overweight |
| Morgan Stanley | Downgrades | Galp Energia SGPS (GLPEY) | $12.17 | | Overweight ➝ Equal Weight |
| Truist Financial | Initiates | Gulfport Energy (GPOR) | $209.03 | $230.00 | Buy ➝ Hold |
| Berenberg Bank | Raises Target | The Gym Group (GYM) | GBX 161 | GBX 230 ➝ GBX 235 | Buy |
| BNP Paribas Exane | Lowers Target | Home Depot (HD) | $331.29 | $391.00 ➝ $348.00 | Neutral ➝ Neutral |
| Canaccord Genuity Group | Reiterates | Hillman Solutions (HLMN) | $8.34 | $14.00 | Buy ➝ Buy |
| BMO Capital Markets | Lowers Target | Hamilton Lane (HLNE) | $98.67 | $148.00 ➝ $118.00 | Outperform ➝ Outperform |
| Jefferies Financial Group | Initiates | Hallador Energy (HNRG) | $16.68 | $17.50 | Hold |
| Oppenheimer | Lowers Target | Horizon Technology Finance (HRZN) | $4.25 | $7.00 ➝ $6.00 | Market Perform ➝ Market Perform |
| Ascendiant Capital Markets | Lowers Target | HeartSciences (HSCS) | $2.45 | $9.00 ➝ $8.00 | Buy ➝ Buy |
| Wells Fargo & Company | Raises Target | Host Hotels & Resorts (HST) | $19.07 | $19.00 ➝ $20.00 | Overweight ➝ Overweight |
| Deutsche Bank Aktiengesellschaft | Lowers Target | Ibstock (IBST) | GBX 101.40 | GBX 144 ➝ GBX 110 | Hold |
| Guggenheim | Initiates | Immunic (IMUX) | $1.27 | $7.00 | Buy |
| Bank of America | Raises Target | Insmed (INSM) | $138.43 | $211.00 ➝ $213.00 | Buy ➝ Buy |
| Stifel Nicolaus | Raises Target | Insmed (INSM) | $138.43 | $205.00 ➝ $208.00 | Buy ➝ Buy |
| Leerink Partners | Raises Target | Insmed (INSM) | $138.43 | $210.00 ➝ $215.00 | Outperform ➝ Outperform |
| BMO Capital Markets | Initiates | JetBlue Airways (JBLU) | $4.23 | $4.50 | Market Perform |
| Telsey Advisory Group | Reiterates | J.Jill (JILL) | $15.40 | $16.00 | Market Perform ➝ Market Perform |
| Daiwa Securities Group | Upgrades | JinkoSolar (JKS) | $25.67 | $28.50 | Sell ➝ Buy |
| Citizens Jmp | Initiates | KB Home (KBH) | $53.51 | $77.00 | Market Outperform |
| Morgan Stanley | Lowers Target | Kyndryl (KD) | $12.31 | $28.00 ➝ $13.00 | Equal Weight ➝ Equal Weight |
| Scotiabank | Raises Target | Kimco Realty (KIM) | $22.67 | $22.00 ➝ $24.00 | Sector Perform ➝ Sector Perform |
| BMO Capital Markets | Lowers Target | KKR & Co. Inc. (KKR) | $90.32 | $125.00 ➝ $106.00 | Outperform ➝ Outperform |
| Jefferies Financial Group | Raises Target | Kinder Morgan (KMI) | $33.82 | $31.00 ➝ $36.00 | Hold ➝ Hold |
| Truist Financial | Initiates | Kinder Morgan (KMI) | $33.82 | $38.00 | Hold ➝ Hold |
| Truist Financial | Initiates | Kinetik (KNTK) | $45.81 | $53.00 | Buy |
| Mizuho | Lowers Target | Kura Oncology (KURA) | $8.07 | $30.00 ➝ $25.00 | Outperform ➝ Outperform |
| Stifel Nicolaus | Initiates | LCI Industries (LCII) | $123.61 | $152.00 | Buy |
| HC Wainwright | Reiterates | Lineage Cell Therapeutics (LCTX) | $1.46 | $9.00 | Buy ➝ Buy |
| Citigroup | Raises Target | Legal & General Group (LGEN) | GBX 238.30 | GBX 243 ➝ GBX 249 | Neutral |
| Citigroup | Raises Target | Ligand Pharmaceuticals (LGND) | $200.09 | $270.00 ➝ $276.00 | Buy ➝ Buy |
| The Goldman Sachs Group | Raises Target | Cheniere Energy (LNG) | $298.01 | $276.00 ➝ $312.00 | Buy ➝ Buy |
| Barclays | Lowers Target | LATAM Airlines Group (LTM) | $49.25 | $75.00 ➝ $67.00 | Overweight ➝ Overweight |
| JPMorgan Chase & Co. | Lowers Target | Lamb Weston (LW) | $41.34 | $50.00 ➝ $44.00 | Neutral ➝ Neutral |
| Canaccord Genuity Group | Lowers Target | Michelmersh Brick (MBH) | GBX 69.50 | GBX 150 ➝ GBX 130 | Buy |
| HC Wainwright | Reiterates | Moleculin Biotech (MBRX) | $2.21 | $22.00 | Buy ➝ Buy |
| Truist Financial | Initiates | Magnolia Oil & Gas (MGY) | $31.35 | $33.00 | Buy ➝ Hold |
| Brean Capital | Initiates | Markel Group (MKL) | $1,909.90 | $2,100.00 | Neutral |
| Citigroup | Raises Target | M&G (MNG) | GBX 273.80 | GBX 260 ➝ GBX 288 | Neutral |
| Truist Financial | Initiates | Mach Natural Resources (MNR) | $14.00 | $14.00 | Buy ➝ Hold |
| Canaccord Genuity Group | Reiterates | M.P. Evans Group (MPE) | GBX 1,495 | GBX 1,750 | Buy |
| Truist Financial | Initiates | Mplx (MPLX) | $59.59 | $67.00 | Buy ➝ Buy |
| Bank of America | Initiates | Microsoft (MSFT) | $374.55 | $500.00 | Buy ➝ Buy |
| Truist Financial | Initiates | Matador Resources (MTDR) | $60.93 | $60.00 | Buy ➝ Hold |
| Bank of America | Initiates | Nebius Group (NBIS) | $115.01 | $150.00 | Buy |
| Truist Financial | Lowers Target | Norwegian Cruise Line (NCLH) | $19.86 | $26.00 ➝ $25.00 | Buy ➝ Buy |
| Barclays | Lowers Target | nCino (NCNO) | $14.63 | $34.00 ➝ $21.00 | Overweight ➝ Overweight |
| Erste Group Bank | Upgrades | Netflix (NFLX) | $91.45 | | Hold ➝ Buy |
| Wedbush | Initiates | Nektar Therapeutics (NKTR) | $72.39 | $70.00 | Neutral |
| Bank of America | Raises Target | Northern Oil and Gas (NOG) | $29.30 | $27.00 ➝ $32.00 | Buy ➝ Buy |
| HC Wainwright | Reiterates | Nurix Therapeutics (NRIX) | $14.38 | $32.00 | Buy ➝ Buy |
| BTIG Research | Reiterates | NRx Pharmaceuticals (NRXP) | $2.07 | $25.00 | Buy ➝ Buy |
| Citigroup | Raises Target | New York Times (NYT) | $84.56 | $77.00 ➝ $94.00 | Buy ➝ Buy |
| Truist Financial | Initiates | ONEOK (OKE) | $90.77 | $91.00 | Hold ➝ Hold |
| Needham & Company LLC | Raises Target | Ondas (ONDS) | $10.86 | $17.00 ➝ $23.00 | Buy ➝ Buy |
| Royal Bank Of Canada | Lowers Target | Oxford Nanopore Technologies (ONT) | GBX 117.20 | GBX 300 ➝ GBX 225 | Outperform |
| Bank of America | Initiates | Oracle (ORCL) | $148.23 | $200.00 | Buy ➝ Buy |
| Jefferies Financial Group | Initiates | OneSpaWorld (OSW) | $23.04 | $30.00 | Buy |
| Truist Financial | Initiates | Ovintiv (OVV) | $58.94 | $70.00 | Buy ➝ Buy |
| BMO Capital Markets | Lowers Target | Blue Owl Capital (OWL) | $8.93 | $15.00 ➝ $11.00 | Outperform ➝ Outperform |
| Truist Financial | Initiates | Occidental Petroleum (OXY) | $61.40 | $65.00 | Hold ➝ Hold |
| Truist Financial | Initiates | Plains All American Pipeline (PAA) | $22.29 | $23.00 | Buy ➝ Buy |
| Truist Financial | Initiates | Plains GP (PAGP) | $24.15 | $23.00 | Buy ➝ Buy |
| Wells Fargo & Company | Lowers Target | Pebblebrook Hotel Trust (PEB) | $12.67 | $13.00 ➝ $12.00 | Equal Weight ➝ Equal Weight |
| Guggenheim | Raises Target | Pfizer (PFE) | $27.06 | $35.00 ➝ $36.00 | Buy ➝ Buy |
| Erste Group Bank | Downgrades | Procter & Gamble (PG) | $143.83 | | Buy ➝ Hold |
| Canaccord Genuity Group | Lowers Target | Personal Group (PGH) | GBX 333.98 | GBX 416 ➝ GBX 415 | Buy |
| Jefferies Financial Group | Lowers Target | Progressive (PGR) | $207.71 | $216.00 ➝ $215.00 | Hold ➝ Hold |
| HC Wainwright | Reiterates | Pharming Group (PHAR) | $16.46 | $37.00 | Buy ➝ Buy |
| Mizuho | Lowers Target | Phreesia (PHR) | $11.24 | $22.00 ➝ $19.00 | Outperform ➝ Outperform |
| Wells Fargo & Company | Lowers Target | Park Hotels & Resorts (PK) | $10.50 | $11.00 ➝ $10.00 | Equal Weight ➝ Equal Weight |
| Canaccord Genuity Group | Reiterates | PPHC (PPHC) | $13.23 | $18.00 | Buy ➝ Buy |
| Truist Financial | Initiates | Permian Resources (PR) | $20.57 | $24.00 | Buy ➝ Buy |
| Jefferies Financial Group | Lowers Target | Power Solutions International (PSIX) | $59.01 | $110.51 ➝ $92.90 | Buy ➝ Buy |
| Telsey Advisory Group | Lowers Target | PVH (PVH) | $66.10 | $82.00 ➝ $74.00 | Market Perform ➝ Market Perform |
| HC Wainwright | Raises Target | Palvella Therapeutics (PVLA) | $115.22 | $255.00 ➝ $270.00 | Buy ➝ Buy |
| HC Wainwright | Reiterates | Pyxis Oncology (PYXS) | $1.36 | $7.00 | Buy ➝ Buy |
| Stifel Nicolaus | Lowers Target | Pyxis Oncology (PYXS) | $1.36 | $9.00 ➝ $8.00 | Buy ➝ Buy |
| Evercore | Initiates | LiveRamp (RAMP) | $26.10 | $37.00 | Outperform |
| The Goldman Sachs Group | Downgrades | Ultragenyx Pharmaceutical (RARE) | $18.69 | $61.00 ➝ $25.00 | Buy ➝ Neutral |
| Truist Financial | Raises Target | Royal Caribbean Cruises (RCL) | $274.62 | $318.00 ➝ $327.00 | Hold ➝ Hold |
| Scotiabank | Raises Target | Regency Centers (REG) | $74.94 | $76.00 ➝ $82.00 | Sector Perform ➝ Sector Perform |
| Truist Financial | Initiates | Riley Exploration Permian (REPX) | $36.01 | $47.00 | Buy ➝ Buy |
| Morgan Stanley | Upgrades | Repsol (REPYY) | $27.54 | | Equal Weight ➝ Overweight |
| Wells Fargo & Company | Lowers Target | Ryman Hospitality Properties (RHP) | $91.38 | $109.00 ➝ $105.00 | Overweight ➝ Overweight |
| Citigroup | Upgrades | Ralph Lauren (RL) | $345.12 | $360.00 ➝ $400.00 | Neutral ➝ Buy |
| Piper Sandler | Initiates | Relmada Therapeutics (RLMD) | $6.03 | $12.00 | Overweight |
| Truist Financial | Initiates | Range Resources (RRC) | $45.97 | $48.00 | Hold ➝ Hold |
| Erste Group Bank | Initiates | RTX (RTX) | $194.46 | | Buy |
| JPMorgan Chase & Co. | Reiterates | SAP (SAP) | $170.85 | | Overweight ➝ Neutral |
| Citizens Jmp | Initiates | Smith Douglas Homes (SDHC) | $12.57 | | Market Perform |
| JPMorgan Chase & Co. | Raises Target | Septerna (SEPN) | $23.40 | $34.00 ➝ $38.00 | Overweight ➝ Overweight |
| Jefferies Financial Group | Lowers Target | The Sage Group (SGE) | GBX 808 | GBX 1,350 ➝ GBX 1,100 | Buy |
| Shore Capital Group | Reiterates | Shawbrook Group (SHAW) | GBX 341 | | Buy |
| Morgan Stanley | Downgrades | Shell (SHEL) | $91.72 | | Overweight ➝ Equal Weight |
| Wells Fargo & Company | Lowers Target | Sunstone Hotel Investors (SHO) | $9.16 | $11.00 ➝ $10.00 | Overweight ➝ Overweight |
| Scotiabank | Raises Target | Tanger (SKT) | $34.26 | $34.00 ➝ $36.00 | Sector Perform ➝ Sector Perform |
| BTIG Research | Reiterates | Sky Harbour Group (SKYH) | $9.97 | $13.00 | Buy ➝ Buy |
| Citigroup | Lowers Target | SL Green Realty (SLG) | $38.79 | $55.00 ➝ $45.00 | Buy ➝ Buy |
| Truist Financial | Initiates | SM Energy (SM) | $30.70 | $38.00 | Hold ➝ Buy |
| Bank of America | Lowers Target | Super Micro Computer (SMCI) | $22.46 | $34.00 ➝ $24.00 | Underperform ➝ Underperform |
| Citigroup | Lowers Target | Super Micro Computer (SMCI) | $22.46 | $39.00 ➝ $25.00 | Neutral ➝ Neutral |
| Rothschild & Co Redburn | Initiates | Solventum (SOLV) | $64.21 | $60.00 | Sell |
| Scotiabank | Raises Target | Simon Property Group (SPG) | $180.34 | $189.00 ➝ $192.00 | Sector Perform ➝ Sector Perform |
| HC Wainwright | Reiterates | Surrozen (SRZN) | $24.80 | $32.00 ➝ $36.00 | Buy ➝ Buy |
| Cantor Fitzgerald | Reiterates | Surrozen (SRZN) | $24.80 | $40.00 | Overweight ➝ Overweight |
| BMO Capital Markets | Lowers Target | StepStone Group (STEP) | $47.18 | $70.00 ➝ $58.00 | Outperform ➝ Outperform |
| Truist Financial | Downgrades | Strategic Education (STRA) | $81.57 | $95.00 ➝ $85.00 | Buy ➝ Hold |
| HC Wainwright | Upgrades | Sutro Biopharma (STRO) | $23.31 | $10.00 ➝ $28.00 | Neutral ➝ Buy |
| Wells Fargo & Company | Upgrades | Sutro Biopharma (STRO) | $23.31 | $8.00 ➝ $27.00 | Equal Weight ➝ Overweight |
| JPMorgan Chase & Co. | Raises Target | Sunoco (SUN) | $65.85 | $66.00 ➝ $73.00 | Overweight ➝ Overweight |
| The Goldman Sachs Group | Initiates | Smurfit Westrock (SW) | $40.13 | $49.00 | Buy |
| Royal Bank Of Canada | Reiterates | TransAlta (TAC) | $12.81 | $24.00 | Outperform ➝ Outperform |
| National Bank Financial | Upgrades | TransAlta (TAC) | $12.81 | | Sector Perform ➝ Outperform |
| Canaccord Genuity Group | Reiterates | The Mission Group (TMG) | GBX 14.30 | GBX 55 | Buy |
| BMO Capital Markets | Lowers Target | TPG (TPG) | $39.93 | $60.00 ➝ $48.00 | Outperform ➝ Outperform |
| JPMorgan Chase & Co. | Lowers Target | Travis Perkins (TPK) | GBX 564.50 | GBX 712 ➝ GBX 680 | Overweight |
| Truist Financial | Initiates | Targa Resources (TRGP) | $243.67 | $279.00 | Buy ➝ Buy |
| UBS Group | Raises Target | Targa Resources (TRGP) | $243.67 | $228.00 ➝ $280.00 | Buy ➝ Buy |
| JPMorgan Chase & Co. | Lowers Target | Tyson Foods (TSN) | $61.18 | $67.00 ➝ $65.00 | Neutral ➝ Neutral |
| Canaccord Genuity Group | Reiterates | Ultimate Products (ULTP) | GBX 45.63 | GBX 80 | Buy |
| The Goldman Sachs Group | Raises Target | Venture Global (VG) | $16.98 | $15.00 ➝ $18.50 | Buy ➝ Buy |
| Truist Financial | Raises Target | Viking (VIK) | $72.77 | $61.00 ➝ $75.00 | Hold ➝ Hold |
| Barclays | Lowers Target | Controladora Vuela Compania de Aviacion (VLRS) | $7.28 | $12.00 ➝ $10.00 | Overweight ➝ Overweight |
| Truist Financial | Initiates | Viper Energy (VNOM) | $47.52 | $54.00 | Buy ➝ Buy |
| Truist Financial | Raises Target | Veris Residential (VRE) | $18.93 | $15.00 ➝ $19.00 | Hold ➝ Hold |
| Barclays | Raises Target | WEC Energy Group (WEC) | $113.71 | $110.00 ➝ $111.00 | Equal Weight ➝ Equal Weight |
| Truist Financial | Initiates | Williams Companies (WMB) | $74.31 | $84.00 | Hold ➝ Buy |
| Berenberg Bank | Reiterates | Xaar (XAR) | GBX 103.75 | GBX 140 | Buy |
| UBS Group | Lowers Target | Xcel Energy (XEL) | $78.28 | $93.00 ➝ $89.00 | Buy ➝ Buy |
| JPMorgan Chase & Co. | Reiterates | Xencor (XNCR) | $11.68 | $18.00 ➝ $13.00 | Overweight ➝ Neutral |
| Barclays | Lowers Target | XPENG (XPEV) | $18.84 | $17.00 ➝ $16.00 | Underweight ➝ Underweight |
| Berenberg Bank | Initiates | YouGov (YOU) | GBX 152.70 | GBX 600 ➝ GBX 395 | Buy |
