Upgrades: Blackstone Secured Lending Fund (BXSL) upgraded to Outperform from Mkt Perform at Raymond James; tgt $26 Constellation Energy (CEG) upgraded to Buy from Neutral at Guggenheim; tgt $70 Copa Holdings (CPA) upgraded to Overweight from Underweight at Barclays; tgt $96 Duolingo (DUOL) upgraded to Outperform from Mkt Perform at Raymond James; tgt $98 Endeavor Group (EDR) upgraded to Overweight from Equal Weight at Barclays; tgt $27 First Solar (FSLR) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $90 Krispy Kreme, Inc. (DNUT) upgraded to Buy from Hold at HSBC Securities; tgt $17 Downgrades: Atmos Energy (ATO) downgraded to Neutral from Buy at Goldman; tgt $113 Avaya Holdings (AVYA) downgraded to Market Perform from Outperform at Cowen; tgt lowered to $6 Carvana (CVNA) downgraded to Hold from Buy at Jefferies; tgt lowered to $40 Equinor (EQNR) downgraded to Hold from Buy at Jefferies Fluence (FLNC) downgraded to Neutral from Buy at Goldman; tgt lowered to $9.50 Others: Alcon (ALC) assumed with an Outperform at Credit Suisse; tgt $96 ESAB Corp. (ESAB) initiated with a Hold at Loop Capital; tgt $52
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