Downgrades Buy Neutral X

AAXN Axon

Ladenburg Thalmann

Upgrades Neutral Buy X

AAXN Axon

Ladenburg Thalmann

Initiated Buy X

ACB Aurora Cannabis

Ladenburg Thalmann

Upgrades Neutral Buy X

ACRV Acrivon Therapeutics

Ladenburg Thalmann

$16

Downgrades Buy Neutral X

ACRV Acrivon Therapeutics

Ladenburg Thalmann

Initiated Buy X

ACRV Acrivon Therapeutics

Ladenburg Thalmann

$22

Downgrades Buy Neutral X

ADC Agree Realty

Ladenburg Thalmann

Upgrades Sell Neutral X

AEP American Electric

Ladenburg Thalmann

$73 $86

Downgrades Neutral Sell X

AEP American Electric

Ladenburg Thalmann

$75.50 $73

Upgrades Sell Neutral X

AEP American Electric

Ladenburg Thalmann

Initiated Sell X

AEP American Electric

Ladenburg Thalmann

$82.50

Initiated Buy X

APVO Aptevo Therapeutics

Ladenburg Thalmann

Resumed Buy X

ARDX Ardelyx

Ladenburg Thalmann

Upgrades Neutral Buy X

ARDX Ardelyx

Ladenburg Thalmann

$6

Downgrades Buy Neutral X

ARDX Ardelyx

Ladenburg Thalmann

Initiated Buy X

ARMP Armata Pharmaceuticals

Ladenburg Thalmann

$9

Initiated Buy X

ARTA Artisan Acquisition Corp.

Ladenburg Thalmann

$15

Initiated Buy X

ARTL Artelo Biosciences

Ladenburg Thalmann

$7

Initiated Buy X

ATNX Athenex

Ladenburg Thalmann

$27

Initiated Buy X

ATO Atmos Energy

Ladenburg Thalmann

$144

Upgrades Neutral Buy X

AVDL Avadel Pharmaceuticals

Ladenburg Thalmann

$6

Downgrades Buy Neutral X

AVDL Avadel Pharmaceuticals

Ladenburg Thalmann

Initiated Buy X

AVGR Avinger

Ladenburg Thalmann

Initiated Buy X

BLDE Blade Air Mobility

Ladenburg Thalmann

$13

Initiated Buy X

BLDE Blade Air Mobility

Ladenburg Thalmann

$13

Downgrades Buy Neutral X

BNGO Bionano Genomics

Ladenburg Thalmann

Initiated Buy X

BWAY Brainsway

Ladenburg Thalmann

Initiated Buy X

CAPR Capricor Therapeutics

Ladenburg Thalmann

$15

Initiated Buy X

CATB Catabasis Pharmaceuticals

Ladenburg Thalmann

$6

Initiated Buy X

CCAP Crescent Capital BDC

Ladenburg Thalmann

$20

Initiated Buy X

CERC Cerecor

Ladenburg Thalmann

Initiated Buy X

CGC Canopy Growth

Ladenburg Thalmann

Resumed Buy X

CLRB Cellectar Biosciences

Ladenburg Thalmann

$13

Upgrades Neutral Buy X

CMPX Compass Therapeutics

Ladenburg Thalmann

$5

Initiated Buy X

CNP CenterPoint

Ladenburg Thalmann

$34.50

Downgrades Buy Neutral X

CNSP CNS Pharmaceuticals

Ladenburg Thalmann

Resumed Buy X

CORZ Core Scientific

Ladenburg Thalmann

$14.50

Initiated Buy X

CPK Chesapeake Utilities

Ladenburg Thalmann

$100

Downgrades Buy Neutral X

CPTA Capitala Finance

Ladenburg Thalmann

Upgrades Neutral Buy X

CRK Comstock

Ladenburg Thalmann

Initiated Buy X

DOVA Dova Pharmaceuticals

Ladenburg Thalmann

$65

Initiated Buy X

DTE DTE Energy

Ladenburg Thalmann

$131

Downgrades Buy Neutral X

DX Dynex Capital

Ladenburg Thalmann

Initiated Neutral X

ED Con Edison

Ladenburg Thalmann

$92.50

Downgrades Buy Neutral X

EEP Enbridge Energy

Ladenburg Thalmann

Downgrades Buy Neutral X

EEQ Enbridge Management

Ladenburg Thalmann

Upgrades Sell Neutral X

EIX Edison

Ladenburg Thalmann

$56.50

Upgrades Sell Neutral X

EIX Edison

Ladenburg Thalmann

Initiated Sell X

EIX Edison

Ladenburg Thalmann

$66

Initiated Buy X

EMAN eMagin

Ladenburg Thalmann

$3

Downgrades Buy Neutral X

EPR EPR Properties

Ladenburg Thalmann

Initiated Buy X

EPRT Essential Properties Realty Trust

Ladenburg Thalmann

$16

Upgrades Neutral Buy X

ETR Entergy

Ladenburg Thalmann

$86.50

Initiated Buy X

ETR Entergy

Ladenburg Thalmann

$116

Initiated Buy X

ETRN Equitrans Midstream

Ladenburg Thalmann

$26

Upgrades Neutral Buy X

EVRG Evergy

Ladenburg Thalmann

$59 $68.50

Initiated Neutral X

EVRG Evergy

Ladenburg Thalmann

$51

Initiated Buy X

EYEN Eyenovia

Ladenburg Thalmann

$35

Initiated Buy X

FBIO Fortress Biotech

Ladenburg Thalmann

$6

Downgrades Buy Neutral X

FCPT Four Corners Property Trust

Ladenburg Thalmann

Downgrades Buy Neutral X

FDUS Fidus Investment

Ladenburg Thalmann

Initiated Buy X

FDUS Fidus Investment

Ladenburg Thalmann

$15

Upgrades Neutral Buy X

GAIN Gladstone Investments

Ladenburg Thalmann

Downgrades Buy Neutral X

GAIN Gladstone Investments

Ladenburg Thalmann

Upgrades Neutral Buy X

GAIN Gladstone Investments

Ladenburg Thalmann

Resumed Neutral X

GECC Great Elm Capital

Ladenburg Thalmann

Downgrades Buy Neutral X

GHDX Genomic Health

Ladenburg Thalmann

Initiated Neutral X

GNL Global Net Lease

Ladenburg Thalmann

Initiated Buy X

GNLN Greenlane

Ladenburg Thalmann

$22

Downgrades Buy Neutral X

GPT Gramercy Property Trust

Ladenburg Thalmann

Upgrades Neutral Buy X

GRWG GrowGeneration

Ladenburg Thalmann

$45

Downgrades Buy Neutral X

GRWG GrowGeneration

Ladenburg Thalmann

Initiated Buy X

GTY Getty Realty Corp.

Ladenburg Thalmann

$30

Upgrades Neutral Buy X

HPR HighPoint Resources

Ladenburg Thalmann

Downgrades Buy Neutral X

HRZN Horizon Technology Finance

Ladenburg Thalmann

Initiated Buy X

HRZN Horizon Technology Finance

Ladenburg Thalmann

$12.50

Upgrades Neutral Buy X

HYRE HyreCar

Ladenburg Thalmann

$15 $10.50

Upgrades Neutral Buy X

HYRE HyreCar

Ladenburg Thalmann

$7.50 $16

Downgrades Buy Neutral X

HYRE HyreCar

Ladenburg Thalmann

$7.50

Initiated Buy X

IDSY I.D. Systems

Ladenburg Thalmann

$10

Downgrades Buy Neutral X

IIPR Innovative Industrial Properties

Ladenburg Thalmann

Downgrades Buy Neutral X

IIPR Innovative Industrial Properties

Ladenburg Thalmann

Initiated Buy X

IMCR Immunocore

Ladenburg Thalmann

$82

Upgrades Sell Neutral X

IZEA IZEA Worldwide

Ladenburg Thalmann

$4.50

Downgrades Neutral Sell X

IZEA IZEA Worldwide

Ladenburg Thalmann

Initiated Buy X

KOPN Kopin

Ladenburg Thalmann

$2.20

Downgrades Buy Neutral X

LAND Gladstone Land

Ladenburg Thalmann

Initiated Buy X

LGCY Legacy Reserves

Ladenburg Thalmann

$8.20

Upgrades Neutral Buy X

LNT Alliant Energy

Ladenburg Thalmann

$50 $62.50

Initiated Neutral X

LNT Alliant Energy

Ladenburg Thalmann

$52.50

Initiated Buy X

MBOT Microbot Medical

Ladenburg Thalmann

$1.75

Downgrades Buy Neutral X

MCF Contango Oil & Gas

Ladenburg Thalmann

Initiated Neutral X

MFIN Medallion Fincl

Ladenburg Thalmann

Downgrades Buy Neutral X

MLND Millendo Therapeutics

Ladenburg Thalmann

Initiated Buy X

MLND Millendo Therapeutics

Ladenburg Thalmann

$29

Resumed Buy X

MLNT Melinta Therapeutics

Ladenburg Thalmann

$14

Downgrades Buy Neutral X

MOTS Motus GI

Ladenburg Thalmann

Initiated Buy X

MOTS Motus GI

Ladenburg Thalmann

$14.50

Downgrades Buy Neutral X

MRNS Marinus Pharmaceuticals

Ladenburg Thalmann

Initiated Buy X

NEON Neonode

Ladenburg Thalmann

$16.50

Upgrades Neutral Buy X

NEWT Newtek

Ladenburg Thalmann

Initiated Buy X

NI NiSource

Ladenburg Thalmann

$25

Downgrades Buy Neutral X

NNN National Retail Properties

Ladenburg Thalmann

Initiated Buy X

NTEC Intec Pharma

Ladenburg Thalmann

Initiated Buy X

NTGN Neon Therapeutics

Ladenburg Thalmann

$20

Initiated Buy X

NVAX Novavax

Ladenburg Thalmann

$3

Initiated Buy X

NVCT Nuvectis Pharma

Ladenburg Thalmann

$21

Downgrades Buy Neutral X

NVTA Invitae

Ladenburg Thalmann

Upgrades Neutral Buy X

NVTA Invitae

Ladenburg Thalmann

$46.50 $58

Upgrades Neutral Buy X

NWE NorthWestern

Ladenburg Thalmann

$57.50

Downgrades Buy Neutral X

NWE NorthWestern

Ladenburg Thalmann

$51

Upgrades Neutral Buy X

NWE NorthWestern

Ladenburg Thalmann

$57 $59

Initiated Neutral X

NWE NorthWestern

Ladenburg Thalmann

$57.50

Downgrades Buy Neutral X

NXTC NextCure

Ladenburg Thalmann

Downgrades Buy Neutral X

NYMT New York Mortgage Trust

Ladenburg Thalmann

Upgrades Neutral Buy X

NYMT New York Mortgage Trust

Ladenburg Thalmann

Initiated Buy X

OCCI OFS Credit

Ladenburg Thalmann

Upgrades Neutral Buy X

OFS OFS Capital

Ladenburg Thalmann

$12

Downgrades Buy Neutral X

OFS OFS Capital

Ladenburg Thalmann

Downgrades Buy Neutral X

OGE OGE Energy

Ladenburg Thalmann

$36 $34

Upgrades Neutral Buy X

OGE OGE Energy

Ladenburg Thalmann

$37 $39

Initiated Neutral X

OGE OGE Energy

Ladenburg Thalmann

$37

Downgrades Buy Neutral X

OGS ONE Gas

Ladenburg Thalmann

$75.50

Upgrades Neutral Buy X

OGS ONE Gas

Ladenburg Thalmann

$64.50

Initiated Neutral X

OGS ONE Gas

Ladenburg Thalmann

$58

Initiated Buy X

ONDS Ondas Holdings

Ladenburg Thalmann

$3.50

Initiated Buy X

OPK Opko Health

Ladenburg Thalmann

$7

Downgrades Buy Neutral X

ORC Orchid Island Capital

Ladenburg Thalmann

Initiated Buy X

ORCC Owl Rock Capital

Ladenburg Thalmann

$17

Initiated Buy X

OVID Ovid Therapeutics

Ladenburg Thalmann

$27

Downgrades Buy Neutral X

OXSQ Oxford Square Capital

Ladenburg Thalmann

Upgrades Neutral Buy X

OXSQ Oxford Square Capital

Ladenburg Thalmann

Downgrades Buy Neutral X

OXSQ Oxford Square Capital

Ladenburg Thalmann

Downgrades Buy Neutral X

PAYS PaySign

Ladenburg Thalmann

Upgrades Sell Neutral X

PAYS PaySign

Ladenburg Thalmann

$3.50

Initiated Buy X

PAYS Paysign

Ladenburg Thalmann

$12

Initiated Buy X

PCG PG&E

Ladenburg Thalmann

$20.50

Initiated Neutral X

PEG Public Service

Ladenburg Thalmann

Downgrades Buy Neutral X

PFLT PennantPark Floating Rate Capital

Ladenburg Thalmann

Upgrades Neutral Buy X

PFLT PennantPark Floating Rate Capital

Ladenburg Thalmann

Downgrades Buy Neutral X

PFLT PennantPark Floating Rate Capital

Ladenburg Thalmann

Downgrades Buy Neutral X

PNNT PennantPark Investment

Ladenburg Thalmann

Upgrades Neutral Buy X

PNNT Pennant Investment

Ladenburg Thalmann

Upgrades Neutral Buy X

PNW Pinnacle West

Ladenburg Thalmann

$74 $83.50

Initiated Neutral X

PNW Pinnacle West

Ladenburg Thalmann

$69

Downgrades Buy Neutral X

POR Portland Gen Elec

Ladenburg Thalmann

$42

Initiated Buy X

POR Portland Gen Elec

Ladenburg Thalmann

$43

Initiated Buy X

PSTI Pluristem Therapeutics

Ladenburg Thalmann

Initiated Buy X

PSTV Plus Therapeutics

Ladenburg Thalmann

$8

Reiterated Buy X

PVAC Penn Virginia

Ladenburg Thalmann

$100 $110

Initiated Buy X

PVAC Penn Virginia

Ladenburg Thalmann

$100

Downgrades Buy Neutral X

RC Ready Capital

Ladenburg Thalmann

Upgrades Neutral Buy X

RC Ready Capital

Ladenburg Thalmann

Initiated Buy X

RCKT Rocket Pharmaceuticals

Ladenburg Thalmann

$30

Downgrades Buy Neutral X

RPHM Reneo Pharmaceuticals

Ladenburg Thalmann

Downgrades Buy Neutral X

RWAY Runway Growth Finance

Ladenburg Thalmann

Initiated Buy X

RYTM Rhythm Pharmaceuticals

Ladenburg Thalmann

$43

Initiated Buy X

SAGE SAGE Therapeutics

Ladenburg Thalmann

$230

Downgrades Buy Neutral X

SAR Saratoga Investment

Ladenburg Thalmann

Upgrades Neutral Buy X

SAR Saratoga Investment

Ladenburg Thalmann

Initiated Buy X

SERV Serve Robotics

Ladenburg Thalmann

$16

Downgrades Buy Neutral X

SLRC SLR Capital Partners

Ladenburg Thalmann

Initiated Buy X

SO Southern

Ladenburg Thalmann

$72

Downgrades Buy Neutral X

SOUN SoundHound AI

Ladenburg Thalmann

$7

Initiated Buy X

SOUN SoundHound AI

Ladenburg Thalmann

$4

Upgrades Sell Buy X

SR Spire

Ladenburg Thalmann

$83

Downgrades Neutral Sell X

SR Spire

Ladenburg Thalmann

$65.50 $60.50

Initiated Neutral X

SR Spire

Ladenburg Thalmann

$57.50

Initiated Buy X

SRE Sempra Energy

Ladenburg Thalmann

$81.50

Initiated Buy X

STSA Satsuma Pharmaceuticals

Ladenburg Thalmann

$16

Downgrades Buy Neutral X

SUNS SLR Senior Investment

Ladenburg Thalmann

Downgrades Buy Neutral X

SVRA Savara

Ladenburg Thalmann

$21 $3

Downgrades Buy Neutral X

SWN Southwestern Energy

Ladenburg Thalmann

Downgrades Buy Neutral X

TCPC BlackRock TCP Capital

Ladenburg Thalmann

Initiated Neutral X

TLRY Tilray

Ladenburg Thalmann

Downgrades Buy Neutral X

TPVG TriplePoint Venture Growth

Ladenburg Thalmann

$8.50 $8

Upgrades Neutral Buy X

TRIN Trinity Capital

Ladenburg Thalmann

$17

Initiated Neutral X

TRIN Trinity Capital

Ladenburg Thalmann

Downgrades Buy Neutral X

TRXC TransEnterix

Ladenburg Thalmann

Upgrades Neutral Buy X

TRXC TransEnterix

Ladenburg Thalmann

Downgrades Buy Neutral X

TRXC Transenterix

Ladenburg Thalmann

Downgrades Buy Neutral X

TSLX Sixth Street Specialty Lending

Ladenburg Thalmann

Upgrades Neutral Buy X

TSLX Sixth Street Specialty Lending

Ladenburg Thalmann

Downgrades Buy Neutral X

TSLX Sixth Street Specialty Lending

Ladenburg Thalmann

Upgrades Neutral Buy X

TSLX TPG Specialty Lending

Ladenburg Thalmann

Resumed Buy X

URGN UroGen Pharma

Ladenburg Thalmann

$31

Upgrades Neutral Buy X

UTHR United Therapeutics

Ladenburg Thalmann

$103 $106

Upgrades Neutral Buy X

VCEL Vericel

Ladenburg Thalmann

Downgrades Buy Neutral X

VCEL Vericel

Ladenburg Thalmann

Initiated Buy X

VCNX Vaccinex

Ladenburg Thalmann

$22

Initiated Buy X

VICI VICI Properties

Ladenburg Thalmann

$24

Downgrades Buy Neutral X

VRDN Viridian Therapeutics

Ladenburg Thalmann

Initiated Buy X

VRDN Viridian Therapeutics

Ladenburg Thalmann

$40

Upgrades Neutral Buy X

WATT Energous

Ladenburg Thalmann

$2

Upgrades Neutral Buy X

WATT Energous

Ladenburg Thalmann

$6.50

Downgrades Buy Neutral X

WATT Energous

Ladenburg Thalmann

Initiated Neutral X

WEC WEC Energy Group

Ladenburg Thalmann

$85

Downgrades Buy Neutral X

WES Western Midstream

Ladenburg Thalmann

Downgrades Buy Neutral X

WHF WhiteHorse Finance

Ladenburg Thalmann

$13

Upgrades Neutral Buy X

WHF WhiteHorse Finance

Ladenburg Thalmann

Downgrades Buy Neutral X

WLL Whiting Petroleum

Ladenburg Thalmann

$30 $20

Initiated Buy X

ZGNX Zogenix

Ladenburg Thalmann

$71

Initiated Buy X

ZYNE Zynerba Pharma

Ladenburg Thalmann

$25.50

Downgrades Buy Neutral X

ZYXI Zynex

Ladenburg Thalmann