Downgrades Overweight Sec Weight X

A Agilent

KeyBanc Capital Markets

Reiterated Underweight X

AAPL Apple

KeyBanc Capital Markets

$200

Downgrades Sec Weight Underweight X

AAPL Apple

KeyBanc Capital Markets

$200

Downgrades Overweight Sec Weight X

AAPL Apple

KeyBanc Capital Markets

Reiterated Overweight X

AAPL Apple

KeyBanc Capital Markets

$180 $200

Reiterated Overweight X

AAPL Apple

KeyBanc Capital Markets

$177 $180

Reiterated Overweight X

AAPL Apple

KeyBanc Capital Markets

$185 $177

Downgrades Overweight Sec Weight X

AAT American Assets Trust

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AAT American Assets Trust

KeyBanc Capital Markets

$42

Downgrades Overweight Sec Weight X

AAT American Assets Trust

KeyBanc Capital Markets

Initiated Overweight X

ABCL AbCellera Biologics

KeyBanc Capital Markets

$6

Initiated Sector Weight X

ABM ABM Industries

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

ABNB Airbnb

KeyBanc Capital Markets

Initiated Sector Weight X

ABNB Airbnb

KeyBanc Capital Markets

Initiated Overweight X

ABSI Absci Corporation

KeyBanc Capital Markets

$3

Upgrades Sec Weight Overweight X

ACHC Acadia Healthcare

KeyBanc Capital Markets

$70

Initiated Sector Weight X

ACHC Acadia Healthcare

KeyBanc Capital Markets

Initiated Overweight X

ACM Aecom Tech

KeyBanc Capital Markets

$104

Initiated Overweight X

ACRV Acrivon Therapeutics

KeyBanc Capital Markets

Initiated Underweight X

ADBE Adobe

KeyBanc Capital Markets

$445

Downgrades Overweight Sec Weight X

ADBE Adobe Systems

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

ADNT Adient

KeyBanc Capital Markets

Resumed Overweight X

ADSK Autodesk

KeyBanc Capital Markets

$196

Initiated Overweight X

ADUS Addus HomeCare

KeyBanc Capital Markets

$150

Downgrades Overweight Sec Weight X

AEE Ameren

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AEE Ameren

KeyBanc Capital Markets

$90

Initiated Overweight X

AEIS Advanced Energy

KeyBanc Capital Markets

$105

Downgrades Overweight Sec Weight X

AEP American Electric

KeyBanc Capital Markets

Initiated Sector Weight X

AEP American Electric

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

AGR AVANGRID

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

AGR AVANGRID

KeyBanc Capital Markets

$40

Initiated Sector Weight X

AGR AVANGRID

KeyBanc Capital Markets

Initiated Sector Weight X

AGTI Agiliti

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

AI C3.ai

KeyBanc Capital Markets

$29

Initiated Sector Weight X

AI C3.ai

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AIMC Altra Industrial Motion

KeyBanc Capital Markets

Initiated Overweight X

AIR AAR Corp

KeyBanc Capital Markets

$83

Upgrades Sec Weight Overweight X

AKAM Akamai Tech

KeyBanc Capital Markets

$140

Downgrades Overweight Sec Weight X

AKAM Akamai Tech

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AKAM Akamai Tech

KeyBanc Capital Markets

$119

Reiterated Overweight X

AKAM Akamai Tech

KeyBanc Capital Markets

$73 $76

Downgrades Overweight Sec Weight X

AKR Acadia Realty Trust

KeyBanc Capital Markets

$17 $16

Upgrades Sec Weight Overweight X

ALB Albemarle

KeyBanc Capital Markets

$270

Upgrades Underweight Sec Weight X

ALB Albemarle

KeyBanc Capital Markets

Resumed Overweight X

ALC Alcon

KeyBanc Capital Markets

$87

Initiated Sector Weight X

ALHC Alignment Healthcare

KeyBanc Capital Markets

Initiated Overweight X

ALIT Alight

KeyBanc Capital Markets

$15

Downgrades Overweight Sec Weight X

ALV Autoliv

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AMAT Applied Materials

KeyBanc Capital Markets

$225

Initiated Sector Weight X

AMAT Applied Materials

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AMBA Ambarella

KeyBanc Capital Markets

Reiterated Overweight X

AMD Advanced Micro

KeyBanc Capital Markets

$170 $195

Reiterated Overweight X

AMD Advanced Micro

KeyBanc Capital Markets

$130 $100

Reiterated Overweight X

AMD Advanced Micro

KeyBanc Capital Markets

$155 $165

Upgrades Sec Weight Overweight X

AMD Advanced Micro

KeyBanc Capital Markets

$155

Resumed Sector Weight X

AMD Advanced Micro

KeyBanc Capital Markets

Initiated Sector Weight X

AMH American Homes 4 Rent

KeyBanc Capital Markets

Initiated Overweight X

AMKR Amkor

KeyBanc Capital Markets

$38

Upgrades Sec Weight Overweight X

AMPL Amplitude

KeyBanc Capital Markets

$15

Initiated Sector Weight X

AMPL Amplitude

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AMPL Amplitude

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AMT American Tower

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AMT American Tower

KeyBanc Capital Markets

$275

Initiated Sector Weight X

AMWL Amwell

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AMZN Amazon

KeyBanc Capital Markets

$2100

Resumed Overweight X

ANET Arista Networks

KeyBanc Capital Markets

Resumed Overweight X

ANET Arista Networks

KeyBanc Capital Markets

$365

Resumed Sector Weight X

ANSS ANSYS

KeyBanc Capital Markets

Initiated Overweight X

APP AppLovin

KeyBanc Capital Markets

$55

Downgrades Overweight Sec Weight X

APPF AppFolio

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

APPF AppFolio

KeyBanc Capital Markets

$143

Resumed Sector Weight X

APPF AppFolio

KeyBanc Capital Markets

Resumed Sector Weight X

APPN Appian

KeyBanc Capital Markets

Initiated Overweight X

APPN Appian

KeyBanc Capital Markets

$60

Initiated Sector Weight X

ARRY Array Tech

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

ASAN Asana

KeyBanc Capital Markets

Resumed Underweight X

ASAN Asana

KeyBanc Capital Markets

$14

Initiated Sector Weight X

ASAN Asana

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

ASAN Asana

KeyBanc Capital Markets

$40

Downgrades Overweight Sec Weight X

ATI ATI Inc.

KeyBanc Capital Markets

Initiated Overweight X

ATKR Atkore International

KeyBanc Capital Markets

$175

Reiterated Overweight X

ATVI Activision Blizzard

KeyBanc Capital Markets

$120 $100

Resumed Sector Weight X

ATVI Activision Blizzard

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

AVA Avista

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

AVA Avista

KeyBanc Capital Markets

$33

Downgrades Overweight Sec Weight X

AVB AvalonBay

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AVB AvalonBay

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AVDX AvidXchange

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AVNS Avanos Medical

KeyBanc Capital Markets

Initiated Sector Weight X

AVTR Avantor

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AVY Avery Dennison

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AXL American Axle

KeyBanc Capital Markets

$14

Initiated Overweight X

AXNX Axonics Modulation

KeyBanc Capital Markets

$70

Downgrades Overweight Sec Weight X

AXTA Axalta Coating Systems

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

AXTA Axalta Coating Systems

KeyBanc Capital Markets

$30

Downgrades Overweight Sec Weight X

AXTA Axalta Coating Systems

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

AZPN Aspen Tech

KeyBanc Capital Markets

Resumed Overweight X

AZPN Aspen Tech

KeyBanc Capital Markets

$120

Downgrades Overweight Sec Weight X

AZTA Azenta

KeyBanc Capital Markets

Reiterated Overweight X

BABA Alibaba

KeyBanc Capital Markets

$210 $240

Initiated Overweight X

BALY Bally’s Corporation

KeyBanc Capital Markets

$65

Initiated Overweight X

BAND Bandwidth

KeyBanc Capital Markets

$21

Initiated Sector Weight X

BAX Baxter

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

BBBY Bed Bath & Beyond

KeyBanc Capital Markets

$24

Upgrades Underweight Sec Weight X

BBBY Bed Bath & Beyond

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

BC Brunswick

KeyBanc Capital Markets

Initiated Overweight X

BC Brunswick

KeyBanc Capital Markets

$100

Initiated Overweight X

BDN Brandywine Realty

KeyBanc Capital Markets

$6

Upgrades Sec Weight Overweight X

BDX Becton Dickinson

KeyBanc Capital Markets

$304

Downgrades Overweight Sec Weight X

BE Bloom Energy

KeyBanc Capital Markets

Resumed Overweight X

BE Bloom Energy

KeyBanc Capital Markets

$30

Resumed Overweight X

BE Bloom Energy

KeyBanc Capital Markets

$30

Downgrades Overweight Sec Weight X

BEST BEST Inc.

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

BIGC BigCommerce

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

BIGC BigCommerce

KeyBanc Capital Markets

$75

Downgrades Overweight Sec Weight X

BILL Bill.com

KeyBanc Capital Markets

Reiterated Overweight X

BILL Bill.com

KeyBanc Capital Markets

$225 $250

Downgrades Overweight Sec Weight X

BL BlackLine

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

BLD TopBuild

KeyBanc Capital Markets

$205

Downgrades Overweight Sec Weight X

BLD TopBuild

KeyBanc Capital Markets

Resumed Sector Weight X

BLDP Ballard Power

KeyBanc Capital Markets

Initiated Sector Weight X

BLDP Ballard Power

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

BLI Berkeley Lights

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

BLND Blend Labs

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

BMBL Bumble Inc.

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

BMBL Bumble Inc.

KeyBanc Capital Markets

$27

Initiated Sector Weight X

BMBL Bumble Inc.

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

BNFT Benefitfocus

KeyBanc Capital Markets

Initiated Overweight X

BNFT Benefitfocus

KeyBanc Capital Markets

$10

Upgrades Sec Weight Overweight X

BOOT Boot Barn Holdings

KeyBanc Capital Markets

$190

Initiated Sector Weight X

BOOT Boot Barn Holdings

KeyBanc Capital Markets

Initiated Overweight X

BOX Box

KeyBanc Capital Markets

$34

Resumed Overweight X

BOX Box

KeyBanc Capital Markets

$22

Downgrades Overweight Sec Weight X

BOX Box

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

BRY Berry Petroleum

KeyBanc Capital Markets

$9

Downgrades Overweight Sec Weight X

BSM Black Stone Minerals

KeyBanc Capital Markets

Initiated Overweight X

BSM Black Stone Minerals

KeyBanc Capital Markets

$22

Upgrades Sec Weight Overweight X

BSY Bentley Systems

KeyBanc Capital Markets

$52

Downgrades Overweight Sec Weight X

BTRS BTRS Holdings

KeyBanc Capital Markets

Initiated Overweight X

BTRS BTRS Holdings

KeyBanc Capital Markets

$20

Initiated Sector Weight X

BXP Boston Properties

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

BXP Boston Properties

KeyBanc Capital Markets

$146

Initiated Overweight X

BYD Boyd Gaming

KeyBanc Capital Markets

$58

Initiated Sector Weight X

CAL Caleres

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CARR Carrier Global

KeyBanc Capital Markets

Reiterated Overweight X

CARR Carrier Global

KeyBanc Capital Markets

$53 $60

Initiated Sector Weight X

CART Instacart

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CCI Crown Castle

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CCI Crown Castle

KeyBanc Capital Markets

$193

Upgrades Sec Weight Overweight X

CCOI Cogent Communications

KeyBanc Capital Markets

$64

Initiated Sector Weight X

CDAY Ceridian HCM

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CDLX Cardlytics

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CDMO Avid Bioservices

KeyBanc Capital Markets

$20

Downgrades Overweight Sec Weight X

CDMO Avid Bioservices

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CDNS Cadence Design

KeyBanc Capital Markets

$155

Resumed Sector Weight X

CDNS Cadence Design

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CE Celanese

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CE Celanese

KeyBanc Capital Markets

$149

Downgrades Overweight Sec Weight X

CE Celanese

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CEG Constellation Energy

KeyBanc Capital Markets

$190

Downgrades Overweight Sec Weight X

CEG Constellation Energy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CERT Certara

KeyBanc Capital Markets

$23

Initiated Sector Weight X

CERT Certara

KeyBanc Capital Markets

Initiated Sector Weight X

CGNX Cognex

KeyBanc Capital Markets

Initiated Overweight X

CHDN Churchill Downs

KeyBanc Capital Markets

$239

Downgrades Overweight Sec Weight X

CHGG Chegg

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CHGG Chegg

KeyBanc Capital Markets

$29

Downgrades Overweight Sec Weight X

CHGG Chegg

KeyBanc Capital Markets

Reiterated Overweight X

CHGG Chegg

KeyBanc Capital Markets

$100 $120

Initiated Sector Weight X

CHK Chesapeake Energy

KeyBanc Capital Markets

Reiterated Overweight X

CHRW C.H. Robinson

KeyBanc Capital Markets

$135 $125

Upgrades Sec Weight Overweight X

CHRW C.H. Robinson

KeyBanc Capital Markets

$135

Downgrades Overweight Sec Weight X

CHRW C.H. Robinson

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CHTR Charter Comm

KeyBanc Capital Markets

$500

Downgrades Overweight Sec Weight X

CHTR Charter Comm

KeyBanc Capital Markets

Initiated Sector Weight X

CIO City Office REIT

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CIR Circor

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CIVI Civitas Resources

KeyBanc Capital Markets

Initiated Overweight X

CIVI Civitas Resources

KeyBanc Capital Markets

$80

Downgrades Overweight Sec Weight X

CLF Cleveland-Cliffs

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CLR Continental Resources

KeyBanc Capital Markets

$20

Initiated Overweight X

CLR Continental Resources

KeyBanc Capital Markets

$52

Downgrades Overweight Sec Weight X

CMC Commercial Metals

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CMC Commercial Metals

KeyBanc Capital Markets

$42

Upgrades Sec Weight Overweight X

CMCSA Comcast

KeyBanc Capital Markets

$44

Reiterated Overweight X

CMG Chipotle Mexican Grill

KeyBanc Capital Markets

$1900 $1750

Reiterated Overweight X

CMG Chipotle Mexican Grill

KeyBanc Capital Markets

$1625 $1725

Reiterated Overweight X

CMG Chipotle Mexican Grill

KeyBanc Capital Markets

$625 $780

Upgrades Sec Weight Overweight X

CMS CMS Energy

KeyBanc Capital Markets

$57

Downgrades Overweight Sec Weight X

CMS CMS Energy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CMS CMS Energy

KeyBanc Capital Markets

$67

Initiated Sector Weight X

CMS CMS Energy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CNMD CONMED

KeyBanc Capital Markets

$124

Upgrades Sec Weight Overweight X

CNP CenterPoint

KeyBanc Capital Markets

$29

Downgrades Overweight Sec Weight X

CNP CenterPoint

KeyBanc Capital Markets

Initiated Sector Weight X

CNP CenterPoint

KeyBanc Capital Markets

Initiated Sector Weight X

COIN Coinbase Global

KeyBanc Capital Markets

Initiated Overweight X

COLD Americold Realty Trust

KeyBanc Capital Markets

$43

Resumed Sector Weight X

COO Cooper

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

COO Cooper

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

COR CoreSite Realty

KeyBanc Capital Markets

Initiated Overweight X

COUP Coupa Software

KeyBanc Capital Markets

$123

Initiated Sector Weight X

CPE Callon Petroleum

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CPT Camden Property

KeyBanc Capital Markets

Initiated Overweight X

CRGY Crescent Energy Company

KeyBanc Capital Markets

$16

Downgrades Overweight Sec Weight X

CRK Comstock

KeyBanc Capital Markets

Initiated Overweight X

CRK Comstock

KeyBanc Capital Markets

$26

Upgrades Sec Weight Overweight X

CRM Salesforce

KeyBanc Capital Markets

$440

Initiated Sector Weight X

CRM Salesforce

KeyBanc Capital Markets

Initiated Overweight X

CROX Crocs

KeyBanc Capital Markets

$130

Downgrades Overweight Sec Weight X

CRTO Criteo

KeyBanc Capital Markets

Initiated Overweight X

CRTO Criteo

KeyBanc Capital Markets

$40

Downgrades Overweight Sec Weight X

CRTO Criteo

KeyBanc Capital Markets

Reiterated Overweight X

CRUS Cirrus Logic

KeyBanc Capital Markets

$120 $110

Upgrades Sec Weight Overweight X

CRUS Cirrus Logic

KeyBanc Capital Markets

$100

Initiated Overweight X

CRWD CrowdStrike

KeyBanc Capital Markets

$200

Downgrades Overweight Sec Weight X

CRZO Carrizo Oil & Gas

KeyBanc Capital Markets

Resumed Sector Weight X

CSCO Cisco

KeyBanc Capital Markets

Initiated Overweight X

CTB Cooper Tire

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CTLT Catalent

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CTSH Cognizant Tech

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

CUBE CubeSmart

KeyBanc Capital Markets

$47

Upgrades Sec Weight Overweight X

CUZ Cousins Prop

KeyBanc Capital Markets

$34

Initiated Underweight X

CUZ Cousins Prop

KeyBanc Capital Markets

$19

Initiated Overweight X

CVLT Commvault Systems

KeyBanc Capital Markets

$192

Upgrades Sec Weight Overweight X

CVLT Commvault Systems

KeyBanc Capital Markets

$109

Downgrades Overweight Sec Weight X

CVLT Commvault Systems

KeyBanc Capital Markets

Resumed Overweight X

CVLT Commvault Systems

KeyBanc Capital Markets

$82

Upgrades Sec Weight Overweight X

CVLT Commvault Systems

KeyBanc Capital Markets

$67

Downgrades Overweight Sec Weight X

CVNA Carvana

KeyBanc Capital Markets

Initiated Overweight X

CWH Camping World

KeyBanc Capital Markets

$25

Downgrades Overweight Sec Weight X

CWH Camping World

KeyBanc Capital Markets

Initiated Overweight X

CXM Sprinklr

KeyBanc Capital Markets

$19

Initiated Overweight X

CYBR CyberArk

KeyBanc Capital Markets

$217

Downgrades Overweight Sec Weight X

CYRX Cryoport

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

CZR Caesars Entertainment

KeyBanc Capital Markets

Initiated Overweight X

CZR Caesars Entertainment

KeyBanc Capital Markets

$89

Downgrades Overweight Sec Weight X

D Dominion Energy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

D Dominion Energy

KeyBanc Capital Markets

$80

Initiated Sector Weight X

D Dominion Energy

KeyBanc Capital Markets

Initiated Overweight X

DADA Dada Nexus

KeyBanc Capital Markets

$55

Initiated Sector Weight X

DASH DoorDash

KeyBanc Capital Markets

Initiated Sector Weight X

DAVA Endava

KeyBanc Capital Markets

Initiated Sector Weight X

DAVA Endava

KeyBanc Capital Markets

Initiated Overweight X

DBX Dropbox

KeyBanc Capital Markets

$30

Resumed Sector Weight X

DBX Dropbox

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DD DuPont

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DDOG Datadog

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DDOG Datadog

KeyBanc Capital Markets

$210

Initiated Overweight X

DECK Deckers Outdoor

KeyBanc Capital Markets

$960

Initiated Sector Weight X

DEI Douglas Emmett

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DEN Denbury

KeyBanc Capital Markets

Initiated Overweight X

DEN Denbury

KeyBanc Capital Markets

$102

Initiated Overweight X

DEN Denbury

KeyBanc Capital Markets

$60

Initiated Sector Weight X

DENN Denny’s

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DESP Despegar.com

KeyBanc Capital Markets

$23

Downgrades Overweight Sec Weight X

DG Dollar General

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DHI D.R. Horton

KeyBanc Capital Markets

$84

Downgrades Overweight Sec Weight X

DHI D.R. Horton

KeyBanc Capital Markets

Initiated Overweight X

DIN Dine Brands

KeyBanc Capital Markets

$107

Downgrades Overweight Sec Weight X

DIS Walt Disney

KeyBanc Capital Markets

Reiterated Overweight X

DIS Walt Disney

KeyBanc Capital Markets

$120 $107

Upgrades Underweight Sec Weight X

DLPH Delphi Technologies

KeyBanc Capital Markets

Initiated Sector Weight X

DLR Digital Realty Trust

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DLTR Dollar Tree

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DLTR Dollar Tree

KeyBanc Capital Markets

$150

Downgrades Overweight Sec Weight X

DLTR Dollar Tree

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DOC Physicians Realty Trust

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DOC Physicians Realty Trust

KeyBanc Capital Markets

$17

Downgrades Overweight Sec Weight X

DOCN DigitalOcean

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DOCN DigitalOcean

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DOCS Doximity

KeyBanc Capital Markets

$70

Initiated Sector Weight X

DOCS Doximity

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

DOW Dow

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

DOW Dow

KeyBanc Capital Markets

$45

Initiated Overweight X

DRI Darden Restaurants

KeyBanc Capital Markets

$140

Downgrades Overweight Sec Weight X

DTE DTE Energy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DTE DTE Energy

KeyBanc Capital Markets

$106

Downgrades Overweight Sec Weight X

DTE DTE Energy

KeyBanc Capital Markets

Resumed Overweight X

DTE DTE Energy

KeyBanc Capital Markets

$124 $136

Downgrades Overweight Sec Weight X

DUK Duke Energy

KeyBanc Capital Markets

Initiated Sector Weight X

DUK Duke Energy

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DUOL Duolingo

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DV DoubleVerify

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

DV DoubleVerify

KeyBanc Capital Markets

$30

Downgrades Overweight Sec Weight X

DXC DXC Technology

KeyBanc Capital Markets

Initiated Overweight X

DY Dycom

KeyBanc Capital Markets

$136

Upgrades Sec Weight Overweight X

DY Dycom

KeyBanc Capital Markets

$104

Initiated Sector Weight X

EA Electronic Arts

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

EAT Brinker

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

EAT Brinker

KeyBanc Capital Markets

$72

Downgrades Overweight Sec Weight X

EAT Brinker

KeyBanc Capital Markets

Reiterated Overweight X

EAT Brinker

KeyBanc Capital Markets

$55 $47

Upgrades Sec Weight Overweight X

EAT Brinker

KeyBanc Capital Markets

$64

Initiated Sector Weight X

EAT Brinker

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

EB Eventbrite

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

EB Eventbrite

KeyBanc Capital Markets

$14

Initiated Sector Weight X

EB Eventbrite

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

ED Con Edison

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

ED Con Edison

KeyBanc Capital Markets

$66

Initiated Sector Weight X

ED Con Edison

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

EGP EastGroup

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

EGP EastGroup

KeyBanc Capital Markets

$170

Initiated Overweight X

EHC Encompass Health

KeyBanc Capital Markets

$115

Downgrades Overweight Sec Weight X

EIX Edison

KeyBanc Capital Markets

Initiated Sector Weight X

EME EMCOR Group

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

EME EMCOR Group

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

EME EMCOR Group

KeyBanc Capital Markets

$146

Initiated Overweight X

EMR Emerson

KeyBanc Capital Markets

$120

Downgrades Overweight Sec Weight X

ENPH Enphase Energy

KeyBanc Capital Markets

Initiated Overweight X

EOG EOG Resources

KeyBanc Capital Markets

$157

Upgrades Sec Weight Overweight X

EOG EOG Resources

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

EPAM EPAM Systems

KeyBanc Capital Markets

Initiated Overweight X

EPAM EPAM Systems

KeyBanc Capital Markets

$510

Upgrades Sec Weight Overweight X

EPR EPR Properties

KeyBanc Capital Markets

$47

Initiated Sector Weight X

EQIX Equinix

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

ES Eversource Energy

KeyBanc Capital Markets

Initiated Overweight X

ES Eversource Energy

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

ESS Essex Property

KeyBanc Capital Markets

Initiated Overweight X

ESTC Elastic

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

ETN Eaton

KeyBanc Capital Markets

$340

Upgrades Sec Weight Overweight X

ETN Eaton

KeyBanc Capital Markets

$93

Downgrades Overweight Sec Weight X

ETR Entergy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

ETR Entergy

KeyBanc Capital Markets

$97

Downgrades Overweight Sec Weight X

ETR Entergy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

ETSY Etsy

KeyBanc Capital Markets

$200

Downgrades Overweight Sec Weight X

ETSY Etsy

KeyBanc Capital Markets

Initiated Overweight X

EVH Evolent Health

KeyBanc Capital Markets

$35

Downgrades Overweight Sec Weight X

EXC Exelon

KeyBanc Capital Markets

Initiated Overweight X

FANG Diamondback Energy

KeyBanc Capital Markets

$163

Downgrades Overweight Sec Weight X

FAST Fastenal

KeyBanc Capital Markets

Reiterated Overweight X

FB Meta Platforms

KeyBanc Capital Markets

$420 $280

Upgrades Sec Weight Overweight X

FBHS Fortune Brands Home & Security

KeyBanc Capital Markets

Resumed Sector Weight X

FCEL FuelCell Energy

KeyBanc Capital Markets

Initiated Sector Weight X

FCEL FuelCell Energy

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

FDX FedEx

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

FDX FedEx

KeyBanc Capital Markets

$350

Upgrades Sec Weight Overweight X

FE FirstEnergy

KeyBanc Capital Markets

$42

Resumed Overweight X

FE FirstEnergy

KeyBanc Capital Markets

$46

Initiated Overweight X

FFIV F5 Networks

KeyBanc Capital Markets

$307

Upgrades Sec Weight Overweight X

FI Fiserv

KeyBanc Capital Markets

$180

Downgrades Overweight Sec Weight X

FIS Fidelity Nat’l Info

KeyBanc Capital Markets

$75

Downgrades Overweight Sec Weight X

FISV Fiserv

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

FIVE Five Below

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

FIVE Five Below

KeyBanc Capital Markets

$230

Initiated Overweight X

FIVN Five9

KeyBanc Capital Markets

$124

Upgrades Sec Weight Overweight X

FIVN Five9

KeyBanc Capital Markets

$200

Initiated Sector Weight X

FIX Comfort Systems

KeyBanc Capital Markets

Initiated Overweight X

FLEX Flex

KeyBanc Capital Markets

$41

Upgrades Sec Weight Overweight X

FLR Fluor

KeyBanc Capital Markets

$57

Resumed Sector Weight X

FLR Fluor

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

FMC FMC Corp

KeyBanc Capital Markets

$122

Downgrades Overweight Sec Weight X

FMC FMC Corp

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

FOE Ferro

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

FR First Industrial Realty

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

FR First Industrial Realty

KeyBanc Capital Markets

$42

Downgrades Overweight Sec Weight X

FR First Industrial Realty

KeyBanc Capital Markets

Initiated Overweight X

FROG JFrog

KeyBanc Capital Markets

$52

Downgrades Overweight Sec Weight X

FSLR First Solar

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

FSLR First Solar

KeyBanc Capital Markets

$145

Initiated Sector Weight X

FSLY Fastly

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

FSS Federal Signal

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

FTCH Farfetch

KeyBanc Capital Markets

Initiated Overweight X

FTCH Farfetch

KeyBanc Capital Markets

$27

Upgrades Sec Weight Overweight X

FTNT Fortinet

KeyBanc Capital Markets

$115

Downgrades Overweight Sec Weight X

FTNT Fortinet

KeyBanc Capital Markets

Reiterated Overweight X

FTNT Fortinet

KeyBanc Capital Markets

$297 $324

Upgrades Sec Weight Overweight X

FTNT Fortinet

KeyBanc Capital Markets

$185

Initiated Overweight X

FUN Cedar Fair

KeyBanc Capital Markets

$54

Downgrades Overweight Sec Weight X

GBX Greenbrier

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

GDRX GoodRx

KeyBanc Capital Markets

$9

Initiated Sector Weight X

GDRX GoodRx

KeyBanc Capital Markets

Initiated Overweight X

GLOB Globant

KeyBanc Capital Markets

$291

Downgrades Overweight Sec Weight X

GLPI Gaming and Leisure Properties

KeyBanc Capital Markets

Initiated Overweight X

GLPI Gaming and Leisure Properties

KeyBanc Capital Markets

$48

Initiated Sector Weight X

GNL Global Net Lease

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

GNRC Generac

KeyBanc Capital Markets

Reiterated Overweight X

GNRC Generac

KeyBanc Capital Markets

$520 $540

Upgrades Sec Weight Overweight X

GNRC Generac

KeyBanc Capital Markets

$400

Initiated Overweight X

GOLF Acushnet

KeyBanc Capital Markets

$57

Reiterated Overweight X

GOOG Alphabet

KeyBanc Capital Markets

$2681 $3071

Reiterated Overweight X

GOOGL Alphabet A

KeyBanc Capital Markets

$3090 $3400

Reiterated Overweight X

GOOGL Alphabet A

KeyBanc Capital Markets

$3071 $3090

Reiterated Overweight X

GOOGL Alphabet A

KeyBanc Capital Markets

$2060 $2353

Downgrades Sec Weight Underweight X

GPK Graphic Packaging

KeyBanc Capital Markets

$17

Upgrades Sec Weight Overweight X

GPOR Gulfport Energy

KeyBanc Capital Markets

$160

Upgrades Sec Weight Overweight X

GPOR Gulfport Energy

KeyBanc Capital Markets

$145

Initiated Sector Weight X

GPOR Gulfport Energy

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

GRA W.R. Grace

KeyBanc Capital Markets

Initiated Sector Weight X

GRMN Garmin

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

GT Goodyear Tire

KeyBanc Capital Markets

$14

Initiated Sector Weight X

GT Goodyear Tire

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

GTES Gates Industrial

KeyBanc Capital Markets

$18

Downgrades Overweight Sec Weight X

GTES Gates Industrial

KeyBanc Capital Markets

Initiated Overweight X

GTLB GitLab

KeyBanc Capital Markets

$70

Downgrades Overweight Sec Weight X

GTT GTT Communications

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

GTY Getty Realty Corp.

KeyBanc Capital Markets

$35

Downgrades Overweight Sec Weight X

HAS Hasbro

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

HAYN Haynes Intl

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

HAYW Hayward Holdings

KeyBanc Capital Markets

Initiated Overweight X

HCA HCA

KeyBanc Capital Markets

$475

Upgrades Sec Weight Overweight X

HCAT Health Catalyst

KeyBanc Capital Markets

$9

Downgrades Overweight Sec Weight X

HCAT Health Catalyst

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

HCAT Health Catalyst

KeyBanc Capital Markets

$16

Initiated Sector Weight X

HCAT Health Catalyst

KeyBanc Capital Markets

Initiated Sector Weight X

HCP HashiCorp

KeyBanc Capital Markets

Initiated Sector Weight X

HCP HashiCorp

KeyBanc Capital Markets

Initiated Sector Weight X

HEES H&E Equipment

KeyBanc Capital Markets

Initiated Sector Weight X

HEI HEICO

KeyBanc Capital Markets

Initiated Overweight X

HI Hillenbrand

KeyBanc Capital Markets

$50

Downgrades Overweight Sec Weight X

HLIO Helios Technologies

KeyBanc Capital Markets

Initiated Sector Weight X

HMSY HMS Holdings

KeyBanc Capital Markets

Initiated Sector Weight X

HOG Harley-Davidson

KeyBanc Capital Markets

Reiterated Overweight X

HOOD Robinhood Markets

KeyBanc Capital Markets

$15 $22

Initiated Overweight X

HQY HealthEquity

KeyBanc Capital Markets

$85

Downgrades Overweight Sec Weight X

HRI Herc Holdings

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

HTLD Heartland Express

KeyBanc Capital Markets

Reiterated Overweight X

HUBG Hub Group

KeyBanc Capital Markets

$95 $105

Upgrades Sec Weight Overweight X

HUBS HubSpot

KeyBanc Capital Markets

$920

Upgrades Underweight Sec Weight X

HUBS HubSpot

KeyBanc Capital Markets

Initiated Underweight X

HUBS HubSpot

KeyBanc Capital Markets

$520

Initiated Sector Weight X

HUM Humana

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

HUN Huntsman

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

HWM Howmet Aerospace

KeyBanc Capital Markets

Initiated Overweight X

HWM Howmet Aerospace

KeyBanc Capital Markets

$36

Initiated Sector Weight X

IAS Integral Ad Science

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

IBP Installed Building Products

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

IIIV i3 Verticals

KeyBanc Capital Markets

$30

Downgrades Overweight Sec Weight X

IIIV i3 Verticals

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

INN Summit Hotel

KeyBanc Capital Markets

Initiated Sector Weight X

INNV InnovAge

KeyBanc Capital Markets

Initiated Overweight X

INR Infinity Natural Resources

KeyBanc Capital Markets

$26

Resumed Overweight X

INSP Inspire Medical Systems

KeyBanc Capital Markets

$278

Initiated Overweight X

INSP Inspire Medical Systems

KeyBanc Capital Markets

$287

Initiated Overweight X

INST Instructure

KeyBanc Capital Markets

$32

Downgrades Overweight Sec Weight X

INTC Intel

KeyBanc Capital Markets

Resumed Overweight X

INTC Intel

KeyBanc Capital Markets

$86 $70

Reiterated Overweight X

INTU Intuit

KeyBanc Capital Markets

$625 $750

Initiated Overweight X

INVH Invitation Homes

KeyBanc Capital Markets

$46

Downgrades Overweight Sec Weight X

IOSP Innospec

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

IP Int’l Paper

KeyBanc Capital Markets

$38

Upgrades Sec Weight Overweight X

IQ iQIYI

KeyBanc Capital Markets

$30

Initiated Sector Weight X

IQ iQIYI

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

IQV IQVIA

KeyBanc Capital Markets

$218

Initiated Overweight X

IS ironSource

KeyBanc Capital Markets

$3.50

Resumed Overweight X

ITGR Integer Holdings

KeyBanc Capital Markets

$125

Resumed Sector Weight X

J Jacobs Engineering

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

JBHT J.B. Hunt Transport

KeyBanc Capital Markets

Initiated Overweight X

JNPR Juniper Networks

KeyBanc Capital Markets

$46

Downgrades Overweight Sec Weight X

JWN Nordstrom

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

JWN Nordstrom

KeyBanc Capital Markets

$55

Downgrades Overweight Sec Weight X

KAMN Kaman

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

KBH KB Home

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

KBH KB Home

KeyBanc Capital Markets

$38

Upgrades Sec Weight Overweight X

KBH KB Home

KeyBanc Capital Markets

$30

Resumed Overweight X

KBR KBR

KeyBanc Capital Markets

$63

Downgrades Overweight Sec Weight X

KLAC KLA Corporation

KeyBanc Capital Markets

Initiated Overweight X

KLAC KLA Corporation

KeyBanc Capital Markets

$480

Initiated Sector Weight X

KLTR Kaltura

KeyBanc Capital Markets

Reiterated Overweight X

KNX Knight-Swift

KeyBanc Capital Markets

$70 $60

Initiated Overweight X

KRC Kilroy Realty

KeyBanc Capital Markets

$47

Upgrades Sec Weight Overweight X

KRG Kite Realty

KeyBanc Capital Markets

$22

Upgrades Sec Weight Overweight X

KRP Kimbell Royalty Partners

KeyBanc Capital Markets

$21

Initiated Sector Weight X

KRP Kimbell Royalty Partners

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

LAB Standard BioTools

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

LECO Lincoln Electric

KeyBanc Capital Markets

$232

Downgrades Overweight Sec Weight X

LECO Lincoln Electric

KeyBanc Capital Markets

Upgrades Underweight Overweight X

LEN Lennar

KeyBanc Capital Markets

$89

Downgrades Sec Weight Underweight X

LEN Lennar

KeyBanc Capital Markets

$86

Initiated Overweight X

LFMD LifeMD

KeyBanc Capital Markets

$12

Initiated Sector Weight X

LGIH LGI Homes

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

LII Lennox Int’l

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

LII Lennox Int’l

KeyBanc Capital Markets

$355

Initiated Overweight X

LK Luckin Coffee

KeyBanc Capital Markets

$22

Resumed Sector Weight X

LMAT Lemaitre Vascular

KeyBanc Capital Markets

Initiated Sector Weight X

LMAT Lemaitre Vascular

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

LOW Lowe’s

KeyBanc Capital Markets

Initiated Overweight X

LPSN LivePerson

KeyBanc Capital Markets

$16

Initiated Overweight X

LPSN LivePerson

KeyBanc Capital Markets

$36

Upgrades Sec Weight Overweight X

LRCX Lam Research

KeyBanc Capital Markets

$95

Initiated Sector Weight X

LRCX Lam Research

KeyBanc Capital Markets

Reiterated Overweight X

LSCC Lattice Semi

KeyBanc Capital Markets

$72 $80

Initiated Overweight X

LSCC Lattice Semi

KeyBanc Capital Markets

$50

Upgrades Sec Weight Overweight X

LSI Life Storage

KeyBanc Capital Markets

$106

Downgrades Overweight Sec Weight X

LTC LTC Properties

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

LTHM Livent

KeyBanc Capital Markets

$30

Resumed Overweight X

LULU lululemon athletica

KeyBanc Capital Markets

$425

Downgrades Overweight Sec Weight X

LVLU Lulu’s Fashion Lounge

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

LXFR Luxfer

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

LXP LXP Industrial Trust

KeyBanc Capital Markets

$12

Downgrades Overweight Sec Weight X

LXP LXP Industrial Trust

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

LXP Lexington

KeyBanc Capital Markets

$16

Upgrades Underweight Sec Weight X

LYB LyondellBasell

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

LYB LyondellBasell

KeyBanc Capital Markets

$73

Downgrades Overweight Sec Weight X

LYFT Lyft

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

LYFT Lyft

KeyBanc Capital Markets

$24

Initiated Sector Weight X

LYFT Lyft

KeyBanc Capital Markets

Initiated Sector Weight X

LYFT Lyft

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

MAA Mid-America Aptmt

KeyBanc Capital Markets

$180

Upgrades Sec Weight Overweight X

MA Mastercard

KeyBanc Capital Markets

$425

Downgrades Overweight Sec Weight X

MA MasterCard

KeyBanc Capital Markets

$345

Downgrades Overweight Sec Weight X

MAS Masco

KeyBanc Capital Markets

Initiated Overweight X

MBUU Malibu Boats

KeyBanc Capital Markets

$65

Reiterated Overweight X

MCD McDonald’s

KeyBanc Capital Markets

$320 $330

Reiterated Overweight X

MCD McDonald’s

KeyBanc Capital Markets

$290 $295

Initiated Sector Weight X

MCFT MasterCraft

KeyBanc Capital Markets

Initiated Overweight X

MDB MongoDB

KeyBanc Capital Markets

$215

Initiated Sector Weight X

MDRX Allscripts Healthcare

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

MDRX Allscripts Healthcare

KeyBanc Capital Markets

Reiterated Overweight X

META Meta Platforms

KeyBanc Capital Markets

$465 $575

Upgrades Sec Weight Overweight X

META Meta Platforms

KeyBanc Capital Markets

$240

Downgrades Overweight Sec Weight X

META Meta Platforms

KeyBanc Capital Markets

Initiated Sector Weight X

MGM MGM Resorts

KeyBanc Capital Markets

Initiated Overweight X

MGP MGM Growth Properties

KeyBanc Capital Markets

$39

Downgrades Overweight Sec Weight X

MGY Magnolia Oil & Gas

KeyBanc Capital Markets

Initiated Overweight X

MGY Magnolia Oil & Gas

KeyBanc Capital Markets

$28

Upgrades Sec Weight Overweight X

MKSI MKS Instruments

KeyBanc Capital Markets

$100

Initiated Sector Weight X

MKSI MKS Instruments

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

MNDY Monday.com

KeyBanc Capital Markets

$420

Downgrades Overweight Sec Weight X

MNDY Monday.com

KeyBanc Capital Markets

Initiated Overweight X

MNDY Monday.com

KeyBanc Capital Markets

$275

Initiated Overweight X

MNDY Monday.com

KeyBanc Capital Markets

$135

Initiated Sector Weight X

MNRL Brigham Minerals

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

MODG Topgolf Callaway Brands

KeyBanc Capital Markets

Initiated Overweight X

MODG Topgolf Callaway Brands

KeyBanc Capital Markets

$27

Downgrades Overweight Sec Weight X

MPW Medical Properties Trust

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

MPW Medical Properties Trust

KeyBanc Capital Markets

$20

Upgrades Sec Weight Overweight X

MPWR Monolithic Power

KeyBanc Capital Markets

$520

Downgrades Overweight Sec Weight X

MPWR Monolithic Power

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

MQ Marqeta

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

MRVI Maravai Life Sciences

KeyBanc Capital Markets

Reiterated Overweight X

MRVL Marvell

KeyBanc Capital Markets

$95 $125

Initiated Overweight X

MSFT Microsoft

KeyBanc Capital Markets

$490

Reiterated Overweight X

MSFT Microsoft

KeyBanc Capital Markets

$316 $335

Downgrades Overweight Sec Weight X

MT ArcelorMittal

KeyBanc Capital Markets

Initiated Sector Weight X

MT ArcelorMittal

KeyBanc Capital Markets

Initiated Overweight X

MTDR Matador Resources

KeyBanc Capital Markets

$72

Upgrades Sec Weight Overweight X

MTH Meritage

KeyBanc Capital Markets

$87

Initiated Overweight X

MTH Meritage

KeyBanc Capital Markets

$100

Initiated Overweight X

MTZ MasTec

KeyBanc Capital Markets

$92

Downgrades Overweight Sec Weight X

MTZ MasTec

KeyBanc Capital Markets

Reiterated Overweight X

MU Micron

KeyBanc Capital Markets

$135 $150

Resumed Overweight X

MU Micron

KeyBanc Capital Markets

$137 $115

Initiated Overweight X

MUR Murphy Oil

KeyBanc Capital Markets

$47

Downgrades Overweight Sec Weight X

MUR Murphy Oil

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

MYE Myers Industries

KeyBanc Capital Markets

Initiated Sector Weight X

MYRG MYR Group

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

MYRG MYR Group

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

MYRG MYR Group

KeyBanc Capital Markets

$99

Initiated Sector Weight X

NBL Noble Energy

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

NCNO nCino

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

NDSN Nordson

KeyBanc Capital Markets

$260

Downgrades Overweight Sec Weight X

NDSN Nordson

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

NDSN Nordson

KeyBanc Capital Markets

$255

Downgrades Overweight Sec Weight X

NEE NextEra Energy

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

NEE NextEra Energy

KeyBanc Capital Markets

$87

Resumed Overweight X

NEE NextEra Energy

KeyBanc Capital Markets

$190 $225

Downgrades Overweight Sec Weight X

NEP NextEra Energy Partners

KeyBanc Capital Markets

Reiterated Overweight X

NFLX Netflix

KeyBanc Capital Markets

$735 $760

Reiterated Overweight X

NFLX Netflix

KeyBanc Capital Markets

$707 $735

Reiterated Overweight X

NFLX Netflix

KeyBanc Capital Markets

$545 $580

Reiterated Overweight X

NFLX Netflix

KeyBanc Capital Markets

$525 $545

Upgrades Sec Weight Overweight X

NFLX Netflix

KeyBanc Capital Markets

$510

Downgrades Overweight Sec Weight X

NFLX Netflix

KeyBanc Capital Markets

Resumed Sector Weight X

NKE NIKE

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

NNBR NN Inc

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

NOVA Sunnova Energy

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

NOW ServiceNow

KeyBanc Capital Markets

Initiated Overweight X

NOW ServiceNow

KeyBanc Capital Markets

$1000

Downgrades Overweight Sec Weight X

NPO Enpro Industries

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

NSA National Storage Affiliates

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

NSA National Storage Affiliates

KeyBanc Capital Markets

$45

Initiated Overweight X

NTNX Nutanix

KeyBanc Capital Markets

$39

Downgrades Sec Weight Underweight X

NTST NETSTREIT

KeyBanc Capital Markets

$13

Downgrades Overweight Sec Weight X

NTST NETSTREIT

KeyBanc Capital Markets

Reiterated Overweight X

NVDA NVIDIA

KeyBanc Capital Markets

$130 $180

Reiterated Overweight X

NVDA NVIDIA

KeyBanc Capital Markets

$1200 $1300

Reiterated Overweight X

NVDA NVIDIA

KeyBanc Capital Markets

$1100 $1200

Reiterated Overweight X

NVDA NVIDIA

KeyBanc Capital Markets

$740 $1100

Reiterated Overweight X

NVDA NVIDIA

KeyBanc Capital Markets

$550 $620

Reiterated Overweight X

NVDA NVIDIA

KeyBanc Capital Markets

$500 $550

Resumed Sector Weight X

NVDA NVIDIA

KeyBanc Capital Markets

$700

Initiated Overweight X

NVR NVR

KeyBanc Capital Markets

$5450

Upgrades Sec Weight Overweight X

NVT nVent Electric

KeyBanc Capital Markets

$80

Downgrades Overweight Sec Weight X

NVT nVent Electric

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

NWE NorthWestern

KeyBanc Capital Markets

Initiated Sector Weight X

NXT Nextracker

KeyBanc Capital Markets

Initiated Sector Weight X

O Realty Income

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

OCX OncoCyte

KeyBanc Capital Markets

Initiated Overweight X

ODD ODDITY Tech Ltd.

KeyBanc Capital Markets

$60

Reiterated Overweight X

ODFL Old Dominion

KeyBanc Capital Markets

$325 $400

Downgrades Sec Weight Underweight X

OFC Corp Office Props

KeyBanc Capital Markets

$23

Upgrades Sec Weight Overweight X

OKTA Okta

KeyBanc Capital Markets

$115

Downgrades Overweight Sec Weight X

OKTA Okta

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

OLN Olin

KeyBanc Capital Markets

$67

Downgrades Overweight Sec Weight X

OLN Olin

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

OLN Olin

KeyBanc Capital Markets

$64

Downgrades Overweight Sec Weight X

OLN Olin

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

OMCL Omnicell

KeyBanc Capital Markets

Initiated Overweight X

OMCL Omnicell

KeyBanc Capital Markets

$130

Reiterated Overweight X

ON ON Semiconductor

KeyBanc Capital Markets

$72 $80

Reiterated Overweight X

ON ON Semiconductor

KeyBanc Capital Markets

$55 $65

Initiated Overweight X

ONEM 1Life Healthcare

KeyBanc Capital Markets

$41

Initiated Overweight X

ONEW OneWater Marine

KeyBanc Capital Markets

$33

Initiated Overweight X

ONEW OneWater Marine

KeyBanc Capital Markets

$43

Initiated Overweight X

ONON On

KeyBanc Capital Markets

$42

Initiated Sector Weight X

ONTF ON24, Inc.

KeyBanc Capital Markets

Initiated Overweight X

ONTF ON24, Inc.

KeyBanc Capital Markets

$70

Initiated Sector Weight X

OPEN Opendoor Technologies

KeyBanc Capital Markets

Initiated Overweight X

OPEN Opendoor Technologies

KeyBanc Capital Markets

$42

Initiated Overweight X

ORCL Oracle

KeyBanc Capital Markets

$150

Reiterated Overweight X

ORCL Oracle

KeyBanc Capital Markets

$98 $105

Upgrades Sec Weight Overweight X

ORCL Oracle

KeyBanc Capital Markets

$80

Downgrades Overweight Sec Weight X

ORCL Oracle

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

OSK Oshkosh

KeyBanc Capital Markets

$113

Downgrades Overweight Sec Weight X

OSK Oshkosh

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

OSK Oshkosh

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

OXY Occidental Petro

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PAGS PagSeguro Digital

KeyBanc Capital Markets

Reiterated Overweight X

PANW Palo Alto Networks

KeyBanc Capital Markets

$210 $230

Downgrades Overweight Sec Weight X

PATH UiPath

KeyBanc Capital Markets

Resumed Overweight X

PATH UiPath

KeyBanc Capital Markets

$27

Downgrades Overweight Sec Weight X

PATH UiPath

KeyBanc Capital Markets

Initiated Overweight X

PATK Patrick Industries

KeyBanc Capital Markets

$80

Upgrades Sec Weight Overweight X

PAYC Paycom Software

KeyBanc Capital Markets

$245

Downgrades Overweight Sec Weight X

PAYC Paycom Software

KeyBanc Capital Markets

Resumed Overweight X

PAYC Paycom Software

KeyBanc Capital Markets

$400 $340

Resumed Overweight X

PCTY Paylocity

KeyBanc Capital Markets

$225 $205

Initiated Overweight X

PCTY Paylocity

KeyBanc Capital Markets

$104

Initiated Sector Weight X

PD PagerDuty

KeyBanc Capital Markets

Initiated Sector Weight X

PDCE PDC Energy

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PDD Pinduoduo

KeyBanc Capital Markets

Initiated Overweight X

PDD Pinduoduo

KeyBanc Capital Markets

Resumed Overweight X

PEGA Pegasystems

KeyBanc Capital Markets

$118

Initiated Sector Weight X

PEGA Pegasystems

KeyBanc Capital Markets

Initiated Sector Weight X

PEG Public Service

KeyBanc Capital Markets

Initiated Sector Weight X

PENN Penn Natl Gaming

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PGNY Progyny

KeyBanc Capital Markets

Initiated Overweight X

PGNY Progyny

KeyBanc Capital Markets

$55

Upgrades Sec Weight Overweight X

PGTI PGT Inc.

KeyBanc Capital Markets

$20

Downgrades Overweight Sec Weight X

PH Parker-Hannifin

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

PHM PulteGroup

KeyBanc Capital Markets

$47

Initiated Overweight X

PHR Phreesia

KeyBanc Capital Markets

$40

Downgrades Overweight Sec Weight X

PII Polaris Industries

KeyBanc Capital Markets

Initiated Overweight X

PII Polaris Industries

KeyBanc Capital Markets

$125

Upgrades Sec Weight Overweight X

PII Polaris Industries

KeyBanc Capital Markets

$125

Initiated Overweight X

PING Ping Identity

KeyBanc Capital Markets

$34

Reiterated Overweight X

PINS Pinterest

KeyBanc Capital Markets

$45 $43

Reiterated Overweight X

PINS Pinterest

KeyBanc Capital Markets

$89 $75

Downgrades Sec Weight Underweight X

PKG Packaging Corp

KeyBanc Capital Markets

$89

Upgrades Sec Weight Overweight X

PKI PerkinElmer

KeyBanc Capital Markets

$170

Downgrades Overweight Sec Weight X

PKOH Park-Ohio

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PLAN Anaplan

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

PLAN Anaplan

KeyBanc Capital Markets

$57

Downgrades Overweight Sec Weight X

PLUG Plug Power

KeyBanc Capital Markets

Resumed Overweight X

PLUG Plug Power

KeyBanc Capital Markets

$30

Resumed Overweight X

PLUG Plug Power

KeyBanc Capital Markets

$40

Initiated Overweight X

PLUG Plug Power

KeyBanc Capital Markets

$40

Initiated Sector Weight X

PLXS Plexus

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PNR Pentair

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

PNR Pentair

KeyBanc Capital Markets

$82

Upgrades Sec Weight Overweight X

PNW Pinnacle West

KeyBanc Capital Markets

$101

Upgrades Underweight Sec Weight X

PNW Pinnacle West

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

POR Portland Gen Elec

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

POR Portland Gen Elec

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

POR Portland Gen Elec

KeyBanc Capital Markets

Initiated Overweight X

PPG PPG Industries

KeyBanc Capital Markets

$127

Downgrades Overweight Sec Weight X

PRAH PRA Health Sciences

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PRAH PRA Health Sciences

KeyBanc Capital Markets

Initiated Overweight X

PRCT PROCEPT BioRobotics

KeyBanc Capital Markets

$47

Initiated Overweight X

PRIM Primoris Services

KeyBanc Capital Markets

$96

Upgrades Sec Weight Overweight X

PRIM Primoris Services

KeyBanc Capital Markets

$28

Upgrades Sec Weight Overweight X

PRO PROS Holdings

KeyBanc Capital Markets

$43

Initiated Overweight X

PRVA Privia Health

KeyBanc Capital Markets

$23

Initiated Overweight X

PS Pluralsight

KeyBanc Capital Markets

$40

Upgrades Underweight Sec Weight X

PSA Public Storage

KeyBanc Capital Markets

Upgrades Underweight Sec Weight X

PSB PS Business Parks

KeyBanc Capital Markets

Initiated Overweight X

PSN Parsons

KeyBanc Capital Markets

$74

Resumed Overweight X

PSTG Pure Storage

KeyBanc Capital Markets

Resumed Overweight X

PSTG Pure Storage

KeyBanc Capital Markets

$25

Upgrades Sec Weight Overweight X

PTC PTC

KeyBanc Capital Markets

$155

Downgrades Overweight Sec Weight X

PTC PTC

KeyBanc Capital Markets

Resumed Overweight X

PTC PTC

KeyBanc Capital Markets

$111

Initiated Sector Weight X

PTON Peloton

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PUBM PubMatic

KeyBanc Capital Markets

Initiated Overweight X

PUBM PubMatic

KeyBanc Capital Markets

$36

Downgrades Overweight Sec Weight X

PWR Quanta Services

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PXD Pioneer Natural Resources

KeyBanc Capital Markets

Initiated Overweight X

PXD Pioneer Natural Resources

KeyBanc Capital Markets

$290

Upgrades Sec Weight Overweight X

PXD Pioneer Natural Resources

KeyBanc Capital Markets

$178

Downgrades Overweight Sec Weight X

PXD Pioneer Natural Resources

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

PYPL PayPal

KeyBanc Capital Markets

$100 $80

Reiterated Overweight X

PYPL PayPal

KeyBanc Capital Markets

$250 $200

Downgrades Overweight Sec Weight X

PZZA Papa John’s

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

QCOM Qualcomm

KeyBanc Capital Markets

Reiterated Overweight X

QCOM Qualcomm

KeyBanc Capital Markets

$220 $170

Reiterated Overweight X

QCOM Qualcomm

KeyBanc Capital Markets

$220 $230

Reiterated Overweight X

QCOM Qualcomm

KeyBanc Capital Markets

$185 $210

Downgrades Overweight Sec Weight X

QRVO Qorvo

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

QRVO Qorvo

KeyBanc Capital Markets

$85

Upgrades Sec Weight Overweight X

QSR Restaurant Brands Int’l

KeyBanc Capital Markets

$76

Downgrades Overweight Sec Weight X

QSR Restaurant Brands Int’l

KeyBanc Capital Markets

Reiterated Overweight X

QSR Restaurant Brands Int’l

KeyBanc Capital Markets

$77 $70

Downgrades Overweight Sec Weight X

QTS QTS Realty Trust

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

QTT Qutoutiao

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

QTWO Q2 Holdings

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

R Ryder System

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

RBC RBC Bearings

KeyBanc Capital Markets

$375

Upgrades Sec Weight Overweight X

RBC Regal-Beloit

KeyBanc Capital Markets

$155

Downgrades Overweight Sec Weight X

RBC Regal-Beloit

KeyBanc Capital Markets

Initiated Sector Weight X

RBLX Roblox

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

RCII Rent-A-Center

KeyBanc Capital Markets

$58

Downgrades Overweight Sec Weight X

RCM R1 RCM

KeyBanc Capital Markets

Initiated Overweight X

RCM R1 RCM

KeyBanc Capital Markets

$30

Initiated Sector Weight X

RDFN Redfin

KeyBanc Capital Markets

Initiated Sector Weight X

RDFN Redfin

KeyBanc Capital Markets

Initiated Overweight X

REAL The RealReal

KeyBanc Capital Markets

$31

Initiated Overweight X

REG Regency Centers

KeyBanc Capital Markets

$80

Initiated Overweight X

RELY Remitly Global

KeyBanc Capital Markets

$48

Initiated Overweight X

RKLB Rocket Lab USA

KeyBanc Capital Markets

$8

Resumed Overweight X

RMD ResMed

KeyBanc Capital Markets

$227

Upgrades Sec Weight Overweight X

RMD ResMed

KeyBanc Capital Markets

$302

Initiated Overweight X

RNG RingCentral

KeyBanc Capital Markets

$59

Upgrades Sec Weight Overweight X

ROCK Gibraltar Industries

KeyBanc Capital Markets

$85

Downgrades Overweight Sec Weight X

ROCK Gibraltar Industries

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

ROIC Retail Opportunity Investments

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

ROIC Retail Opportunity Investments

KeyBanc Capital Markets

$16

Upgrades Sec Weight Overweight X

ROIC Retail Opportunity Investments

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

ROK Rockwell Automation

KeyBanc Capital Markets

$345

Initiated Sector Weight X

ROK Rockwell Automation

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

ROKU Roku

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

ROKU Roku

KeyBanc Capital Markets

$518

Resumed Overweight X

RP RealPage

KeyBanc Capital Markets

$76

Downgrades Overweight Sec Weight X

RPAI Retail Properties of America

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

RPD Rapid7

KeyBanc Capital Markets

Initiated Overweight X

RPID Rapid Micro Biosystems

KeyBanc Capital Markets

$8

Initiated Sector Weight X

RPM RPM Inc

KeyBanc Capital Markets

Initiated Overweight X

RRR Red Rock Resorts

KeyBanc Capital Markets

$30

Upgrades Sec Weight Overweight X

RS Reliance Steel

KeyBanc Capital Markets

$165

Downgrades Overweight Sec Weight X

RSKD Riskified

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

RUN Sunrun

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

RUN Sunrun

KeyBanc Capital Markets

$27

Downgrades Overweight Sec Weight X

RUN Sunrun

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

RVLV Revolve Group

KeyBanc Capital Markets

$37

Downgrades Overweight Sec Weight X

RVLV Revolve Group

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

RXN Rexnord

KeyBanc Capital Markets

$60

Downgrades Overweight Sec Weight X

RXN Rexnord

KeyBanc Capital Markets

Initiated Overweight X

RXRX Recursion Pharmaceuticals

KeyBanc Capital Markets

$20

Initiated Sector Weight X

S SentinelOne

KeyBanc Capital Markets

Initiated Overweight X

SAIL SailPoint

KeyBanc Capital Markets

$63

Initiated Overweight X

SAP SAP SE

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

SBAC SBA Comm

KeyBanc Capital Markets

$313

Downgrades Overweight Sec Weight X

SBOW SilverBow Resources

KeyBanc Capital Markets

Initiated Overweight X

SBOW SilverBow Resources

KeyBanc Capital Markets

$58

Downgrades Overweight Sec Weight X

SCHN Schnitzer Steel

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

SCHN Schnitzer Steel

KeyBanc Capital Markets

$58

Downgrades Overweight Sec Weight X

SCHN Schnitzer Steel

KeyBanc Capital Markets

Initiated Overweight X

SDGR Schrodinger

KeyBanc Capital Markets

$38

Initiated Sector Weight X

SEAS SeaWorld Entertainment

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

SEAS SeaWorld Entertainment

KeyBanc Capital Markets

Initiated Sector Weight X

SEDG SolarEdge Technologies

KeyBanc Capital Markets

Downgrades Sec Weight Underweight X

SEE Sealed Air

KeyBanc Capital Markets

$39

Initiated Overweight X

SEMR SEMRush

KeyBanc Capital Markets

$17

Downgrades Overweight Sec Weight X

SEMR SEMRush

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

SFIX Stitch Fix

KeyBanc Capital Markets

Initiated Sector Weight X

SG Sweetgreen

KeyBanc Capital Markets

Initiated Sector Weight X

SGRY Surgery Partners

KeyBanc Capital Markets

Resumed Sector Weight X

SHC Sotera Health

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

SHC Sotera Health

KeyBanc Capital Markets

$24

Downgrades Overweight Sec Weight X

SHC Sotera Health

KeyBanc Capital Markets

Resumed Overweight X

SHOP Shopify

KeyBanc Capital Markets

$80

Reiterated Overweight X

SHOP Shopify

KeyBanc Capital Markets

$300 $350

Initiated Overweight X

SHOP Shopify

KeyBanc Capital Markets

$250

Downgrades Overweight Sec Weight X

SHW Sherwin-Williams

KeyBanc Capital Markets

Upgrades Sec Weight Overweight X

SHW Sherwin-Williams

KeyBanc Capital Markets

$400