Analyst Ratings published Monday December 15th 2025

12/15/25	Upgrades	Eq Weight Overweight	X
A Agilent Barclays
$165
12/15/25	Downgrades	Mkt Perform Underperform	X
ABR Arbor Realty Trust Keefe Bruyette
$8.50
12/15/25	Reiterated	Outperform	X
ADBE Adobe BMO Capital Markets
$405 $400
12/15/25	Downgrades	Sec Weight Underweight	X
ADBE Adobe KeyBanc Capital Markets
$310
12/15/25	Upgrades	Underweight Overweight	X
AKAM Akamai Tech KeyBanc Capital Markets
$115
12/15/25	Downgrades	Buy Neutral	X
AMCX AMC Networks Seaport Research Partners
12/15/25	Upgrades	Mkt Perform Outperform	X
AMH American Homes 4 Rent Keefe Bruyette
$37
12/15/25	Downgrades	Buy Neutral	X
APD Air Products Citigroup
$245
12/15/25	Initiated	Buy	X
ARR ARMOUR Residential REIT Compass Point
$18.50
12/15/25	Upgrades	Sec Weight Overweight	X
ASAN Asana KeyBanc Capital Markets
$18
12/15/25	Upgrades	Mkt Perform Outperform	X
ASH Ashland BMO Capital Markets
$71
12/15/25	Downgrades	Buy Neutral	X
AVTR Avantor BofA Securities
$13
12/15/25	Downgrades	Buy Hold	X
BLDR Builders FirstSource Jefferies
$110
12/15/25	Downgrades	Buy Hold	X
BMA Banco Macro HSBC Securities
$80
12/15/25	Upgrades	Neutral Buy	X
BMY Bristol-Myers BofA Securities
$61
12/15/25	Downgrades	Buy Hold	X
BRBR BellRing Brands Deutsche Bank
$35
12/15/25	Initiated	Neutral	X
CAMT Camtek Goldman
$123
12/15/25	Upgrades	Mkt Perform Outperform	X
CBRE CBRE Group Keefe Bruyette
$185
12/15/25	Downgrades	Buy Neutral	X
CHH Choice Hotels Goldman
$90
12/15/25	Upgrades	Hold Buy	X
CNO CNO Financial Jefferies
$47
12/15/25	Downgrades	Neutral Sell	X
COST Costco Roth Capital
$769
12/15/25	Upgrades	Neutral Buy	X
CRL Charles River BofA Securities
$225
12/15/25	Upgrades	In-line Outperform	X
CUZ Cousins Prop Evercore ISI
$30
12/15/25	Initiated	Buy	X
CVNA Carvana Argus
$500
12/15/25	Downgrades	Buy Neutral	X
CZR Caesars Entertainment Goldman
$24
12/15/25	Initiated	Overweight	X
DBVT DBV Technologies Cantor Fitzgerald
$42
12/15/25	Upgrades	Neutral Overweight	X
DG Dollar General JP Morgan
$166
12/15/25	Upgrades	Eq-Weight Overweight	X
DOCS Doximity Morgan Stanley
$65
12/15/25	Initiated	Outperform	X
EMR Emerson Evercore ISI
$170
12/15/25	Upgrades	Neutral Buy	X
ENS Enersys BTIG Research
$175
12/15/25	Downgrades	Neutral Sell	X
ENTG Entegris Goldman
$75
12/15/25	Downgrades	Sec Outperform Neutral	X
EQX Equinox Gold CIBC
12/15/25	Upgrades	Hold Buy	X
FAST Fastenal Jefferies
$52
12/15/25	Initiated	Positive	X
FN Fabrinet Susquehanna
$550
12/15/25	Downgrades	Buy Hold	X
FRPT Freshpet Deutsche Bank
$62
12/15/25	Upgrades	Underweight Eq Weight	X
FTRE Fortrea Barclays
$15
12/15/25	Upgrades	Mkt Perform Outperform	X
GBCI Glacier Bancorp Keefe Bruyette
$55
12/15/25	Downgrades	Buy Hold	X
HAE Haemonetics Needham
12/15/25	Initiated	Buy	X
HBM Hudbay Minerals Citigroup
$23
12/15/25	Downgrades	Eq-Weight Underweight	X
HCA HCA Morgan Stanley
$425
12/15/25	Upgrades	Neutral Buy	X
HLT Hilton Goldman
$317
12/15/25	Initiated	Outperform	X
HON Honeywell Evercore ISI
$255
12/15/25	Upgrades	Eq-Weight Overweight	X
HSY Hershey Foods Morgan Stanley
$211
12/15/25	Initiated	Outperform	X
HUBB Hubbell Evercore ISI
$575
12/15/25	Downgrades	Outperform Perform	X
IAC IAC Inc. Oppenheimer
12/15/25	Downgrades	Buy Neutral	X
ICLR ICON plc BofA Securities
$195
12/15/25	Upgrades	Neutral Overweight	X
IMAX IMAX JP Morgan
$47
12/15/25	Downgrades	Outperform Mkt Perform	X
IMO Imperial Oil BMO Capital Markets
12/15/25	Initiated	Buy	X
INSG Inseego Lake Street
$17
12/15/25	Initiated	Buy	X
IVR Invesco Mortgage Capital Compass Point
$9
12/15/25	Downgrades	Buy Hold	X
KDP Keurig Dr Pepper Deutsche Bank
$32
12/15/25	Upgrades	Hold Buy	X
KLAC KLA Corporation Jefferies
$1500
12/15/25	Upgrades	Neutral Buy	X
LVS Las Vegas Sands Goldman
$80
12/15/25	Downgrades	Mkt Perform Underperform	X
LYB LyondellBasell BMO Capital Markets
$36
12/15/25	Upgrades	Neutral Buy	X
MAR Marriott Goldman
$345
12/15/25	Upgrades	Eq Weight Overweight	X
MAS Masco Wells Fargo
$75
12/15/25	Upgrades	Hold Buy	X
MIST Milestone Pharmaceuticals TD Cowen
$8
12/15/25	Upgrades	Hold Buy	X
MKC McCormick Deutsche Bank
$75
12/15/25	Downgrades	Outperform Peer Perform	X
MSGE Madison Square Garden Entertainment Wolfe Research
12/15/25	Upgrades	Neutral Buy	X
MTD Mettler-Toledo BofA Securities
$1600
12/15/25	Initiated	Neutral	X
MTSI MACOM Tech Susquehanna
$200
12/15/25	Downgrades	Buy Hold	X
NCLH Norwegian Cruise Line Jefferies
$20
12/15/25	Upgrades	Hold Buy	X
NDSN Nordson Vertical Research
$270
12/15/25	Downgrades	Sec Weight Underweight	X
NOW ServiceNow KeyBanc Capital Markets
$775
12/15/25	Initiated	Neutral	X
ONB Old National Bancorp UBS
$25
12/15/25	Initiated	Neutral	X
ORC Orchid Island Capital Compass Point
$7.50
12/15/25	Initiated	Outperform	X
REAL The RealReal William Blair
12/15/25	Initiated	In-line	X
ROK Rockwell Automation Evercore ISI
$440
12/15/25	Upgrades	Hold Buy	X
RRGB Red Robin Gourmet Jefferies
$7
12/15/25	Downgrades	Buy Neutral	X
RVTY Revvity BofA Securities
$110
12/15/25	Upgrades	Neutral Buy	X
SDGR Schrodinger BofA Securities
$24
12/15/25	Initiated	Buy	X
SITM SiTime Goldman
$420
12/15/25	Downgrades	Outperform Sec Perform	X
SNN Smith & Nephew RBC Capital Mkts
12/15/25	Downgrades	Outperform Peer Perform	X
T AT&T Wolfe Research
12/15/25	Initiated	Buy	X
TEN TEN, Ltd. Clarksons Platou
$35
12/15/25	Upgrades	Sell Buy	X
TER Teradyne Goldman
$230
12/15/25	Upgrades	Hold Buy	X
TREX Trex Jefferies
$42
12/15/25	Initiated	Neutral	X
TS Tenaris Goldman
$43.60
12/15/25	Upgrades	Sec Weight Overweight	X
TT Trane KeyBanc Capital Markets
$500
12/15/25	Downgrades	Buy Sell	X
TXN Texas Instruments Goldman
$156
12/15/25	Resumed	Overweight	X
UL Unilever PLC Morgan Stanley
$60.10
12/15/25	Initiated	Buy	X
VLY Valley National UBS
$15
12/15/25	Downgrades	Buy Neutral	X
WH Wyndham Hotels & Resorts Goldman
$76
12/15/25	Downgrades	Buy Neutral	X
ZTS Zoetis BofA Securities
$135