| UPGRADES | | | | |
| COMPANY | TICKER | BROKERAGE FIRM | RATINGS CHANGE | PRICE TARGET |
| Array Tech | ARRY | Morgan Stanley | Underweight>>Equal-Weight | $18>>$23 |
| Hannon Armstrong Sust. Infr. | HASI | Morgan Stanley | Equal-Weight>>Overweight | $23 |
| Nabors Industries | NBR | Morgan Stanley | Equal-Weight>>Overweight | $160>>$175 |
| Dollar Tree | DLTR | Goldman | Neutral>>Buy | $150>>$137 |
| Ollie’s Bargain Outlet | OLLI | Goldman | Neutral>>Buy | $75>>$83 |
| Sensient | SXT | Robert W. Baird | Neutral>>Outperform | $70 |
| Air Products | APD | Wells Fargo | Equal Weight>>Overweight | $307>>$345 |
| Con Edison | ED | Wells Fargo | Underweight>>Equal Weight | $96>>$94 |
| Broadridge Financial | BR | Wolfe Research | Underperform>>Peer Perform | |
| Fidelity Nat’l Info | FIS | Wolfe Research | Peer Perform>>Outperform | $65 |
| TC Energy | TRP | Wolfe Research | Underperform>>Peer Perform | |
| WEX | WEX | Wolfe Research | Peer Perform>>Outperform | $240 |
| Cactus | WHD | Barclays | Equal Weight>>Overweight | $48>>$60 |
| ChampionX | CHX | Barclays | Equal Weight>>Overweight | $33>>$42 |
| CyberArk | CYBR | JP Morgan | Neutral>>Overweight | $182>>$200 |
| Viasat | VSAT | JP Morgan | Neutral>>Overweight | $35>>$30 |
| Progressive | PGR | Citigroup | Sell>>Neutral | $120>>$158 |
| Airbus | EADSY | Jefferies | Hold>>Buy | |
| Lennox Int’l | LII | Mizuho | Neutral>>Buy | $340>>$460 |
| Mondelez Int’l | MDLZ | Exane BNP Paribas | Neutral>>Outperform | $75 |
| Vitesse | VTS | Northland Capital | Market Perform>>Outperform | $24>>$28 |
| Arcosa | ACA | Sidoti | Neutral>>Buy | $90 |
| MYR Group | MYRG | Sidoti | Neutral>>Buy | |
| Sunnova Energy | NOVA | Citigroup | Neutral>>Buy | $22>>$14 |
| | | | |
| DOWNGRADES | | | | |
| COMPANY | TICKER | BROKERAGE FIRM | RATINGS CHANGE | PRICE TARGET |
| ProFrac Holding | ACDC | Morgan Stanley | Overweight>>Equal-Weight | $18>>$14 |
| Patterson-UTI | PTEN | Morgan Stanley | Overweight>>Equal-Weight | $20>>$17 |
| SunPower | SPWR | Morgan Stanley | Equal-Weight>>Underweight | $8>>$5 |
| BJ’s Wholesale | BJ | Goldman | Buy>>Neutral | $75>>$73 |
| National Vision | EYE | Goldman | Buy>>Neutral | $25>>$16 |
| APA Corp. | APA | Bernstein | Outperform>>Mkt Perform | $51>>$50 |
| Devon Energy | DVN | Bernstein | Outperform>>Mkt Perform | $48 |
| EOG Resources | EOG | Bernstein | Outperform>>Mkt Perform | $155>>$146 |
| Kosmos Energy | KOS | Bernstein | Outperform>>Mkt Perform | $12>>$9 |
| Pioneer Natural Resources | PXD | Bernstein | Outperform>>Mkt Perform | $273>>$246 |
| H.B. Fuller | FUL | Robert W. Baird | Outperform>>Neutral | $80 |
| Thoughtworks | TWKS | Wolfe Research | Outperform>>Peer Perform | |
| DXC Technology | DXC | Wolfe Research | Peer Perform>>Underperform | $22 |
| Enbridge | ENB | Wolfe Research | Peer Perform>>Underperform | |
| NOV Inc. | NOV | Barclays | Equal Weight>>Underweight | $20 |
| CRISPR Therapeutics | CRSP | Cantor Fitzgerald | Overweight>>Neutral | |
| Guild Holdings | GHLD | JP Morgan | Overweight>>Neutral | $15.5>>$13 |
| Oportun Financial | OPRT | JP Morgan | Overweight>>Neutral | $7>>$8 |
| WEC Energy Group | WEC | BofA Securities | Buy>>Neutral | $102>>$86 |
| Sabra Health Care REIT | SBRA | BMO Capital Markets | Outperform>>Market Perform | $16 |
| HSBC Holdings | HSBC | Societe Generale | Hold>>Sell | |
| Editas Medicine | EDIT | Cantor Fitzgerald | Overweight>>Neutral | |
| SunPower | SPWR | Citigroup | Neutral>>Sell | $10>>$4.5 |
| Computer Modeling | CMDXF | Canaccord Genuity | Buy>>Hold | |
| Horizon Technology Finance | HRZN | Compass Point | Neutral>>Sell | $10 |
| | | | |
| NEW COVERAGE | | | | |
| COMPANY | TICKER | BROKERAGE FIRM | RATINGS CHANGE | PRICE TARGET |
| Apollo Medical | AMEH | BTIG Research | Buy | $45,00 |
| TripAdvisor | TRIP | Goldman | Buy | $22,00 |
| Clear Secure | YOU | Goldman | Buy | $24,00 |
| Exxon Mobil | XOM | Bernstein | Outperform | $140,00 |
| Chevron | CVX | Bernstein | Mkt Perform | $184,00 |
| Tyler Tech | TYL | Oppenheimer | Outperform | $450,00 |
| Ferguson plc | FERG | Wells Fargo | Equal Weight | $175,00 |
| KB Home | KBH | Wells Fargo | Equal Weight | $49,00 |
| Lennar | LEN | Wells Fargo | Overweight | $123,00 |
| Masco | MAS | Wells Fargo | Overweight | $58 |
| Mohawk | MHK | Wells Fargo | Underweight | $85 |
| Owens Corning | OC | Wells Fargo | Equal Weight | $143 |
| PulteGroup | PHM | Wells Fargo | Overweight | $80,00 |
| Toll Brothers | TOL | Wells Fargo | Overweight | $80,00 |
| Transcat | TRNS | Oppenheimer | Outperform | $110 |
| Waste Mgmt | WM | Wolfe Research | Peer Perform | |
| Clean Harbors | CLH | Wolfe Research | Outperform | $184,00 |
| Casella Waste | CWST | Wolfe Research | Outperform | $96 |
| GFL Environmental | GFL | Wolfe Research | Outperform | $36,00 |
| Republic Services | RSG | Wolfe Research | Peer Perform | |
| Waste Connections | WCN | Wolfe Research | Outperform | $152 |
| Amazon | AMZN | Stifel | Buy | $173,00 |
| ASML | ASML | Raymond James | Strong Buy | $725,00 |
| Bluebirdbio | BLUE | Cantor Fitzgerald | Neutral | |
| Coty | COTY | TD Cowen | Market Perform | $11,00 |
| Freeport-McMoRan | FCX | JP Morgan | Neutral | $42,00 |
| Ivanhoe Electric | IE | JP Morgan | Overweight | $18,00 |
| eBay | EBAY | Stifel | Hold | $46,00 |
| Etsy | ETSY | Stifel | Hold | $64,00 |
| Wayfair | W | Stifel | Hold | $51,00 |
| Teck Resources | TECK | JP Morgan | Overweight | $52,00 |
| ACADIA Pharmaceuticals | ACAD | UBS | Buy | $33,00 |
| Arcellx | ACLX | UBS | Buy | $52,00 |
| Alkermes | ALKS | UBS | Neutral | $31,00 |
| Applied Materials | AMAT | Raymond James | Outperform | $160,00 |
| Distribution Solutions Group | DSGR | Stephens | Overweight | $38,00 |
| Goosehead Insurance | GSHD | UBS | Buy | $84,00 |
| Roivant Sciences | ROIV | Guggenheim | Buy | $17,00 |
| PAR Technology | PAR | Stephens | Equal-Weight | $43,00 |
| NMI Hldgs | NMIH | BofA Securities | Buy | $33,00 |
| KLA Corporation | KLAC | Raymond James | Outperform | $550,00 |
| Lam Research | LRCX | Raymond James | Outperform | $725,00 |
| Microsoft | MSFT | Loop Capital | Buy | $425,00 |
| NCR Atleos | NATL | DA Davidson | Buy | $25,00 |
| Alpine Immune Sciences | ALPN | Berenberg | Buy | $18,00 |
| D.R. Horton | DHI | Wells Fargo | Overweight | $123,00 |
| Ready Capital | RC | Wedbush | Neutral | $11,00 |
| Stellantis | STLA | Barclays | Overweight | |
| NCR Voyix Corporation | VYX | DA Davidson | Buy | $24,00 |
| GoDaddy | GDDY | Oppenheimer | Perform | |
| Viasat | VSAT | Deutsche Bank | Hold | $22,00 |
| Potbelly | PBPB | Craig Hallum | Buy | $15,00 |
