The most talked about and market moving research calls around Wall Street are now in one place.
Here are today’s research calls that investors need to know, as compiled by The Fly
Top 5 Upgrades: – Morgan Stanley upgraded Yum! Brands (YUM) to Overweight from Equal Weight with a price target of $185, up from $180. The shares, which are flat year-to-date, are not giving the company full credit for its potentially improved growth going forward, the firm tells investors in a research note. – Jefferies upgraded Acadia Healthcare (ACHC) to Buy from Hold with a price target of $30, up from $24.50, citing a belief that new management is well-positioned to bring enhanced operational stability, earnings visibility and “a much-needed boost to underperforming assets.” – RBC Capital upgraded Aveanna (AVAH) to Outperform from Sector Perform with an unchanged price target of $10.
The firm cites the company’s “solid execution” on preferred payor relationships for the upgrade. – RBC Capital upgraded SSR Mining (SSRM) to Outperform from Sector Perform with a price target of $40, down from $45. The company’s portfolio has been transformed to Canada-U.S. focused, which commands a higher valuation premium, the firm tells investors in a research note. – Citizens upgraded Rezolute (RZLT) to Outperform from Market Perform with an $11 price target. The interim Phase 3 results for ersodetug in tumor hyperinsulinism increase confidence that the approval pathway can be distinct from the congenital hyperinsulinism indication, the firm tells investors in a research note.