Investing

Latest Analyst Research Calls for Thursday, October 20, 2022

These are the latest analyst research calls for Thursday, October 20, 2022, from Briefing.com.

By Paul Ausick
Published October 20, 2022, 12:57pm ET · 1 min read

An abstract, dark blue digital background featuring glowing vertical bar charts in shades of blue and red. Overlaid are wavy red and orange lines indicating trends, a subtle grid pattern, and streams of binary code (zeros and ones) along with glowing numerical digits, creating a futuristic data visualization.
This abstract digital representation of market data reflects the complex and often mixed signals observed in the cloud-native software sector, influenced by ongoing AI disruption. © monsitj / Getty Images

Upgrades:

  • Comerica (CMA) upgraded to Buy from Hold at Argus; tgt $87
  • Dick’s Sporting Goods (DKS) upgraded to Outperform from Perform at Oppenheimer
  • Parkland Fuel (PKIUF) upgraded to Neutral from Sell at Goldman
  • Stellantis (STLA) upgraded to Buy from Neutral at Nomura
  • Stora Enso OYJ (SEOAY) upgraded to Buy from Neutral at UBS

Downgrades:

  • Albertsons (ACI) downgraded to Hold from Buy at Deutsche Bank
  • Comerica (CMA) downgraded to Neutral from Buy at DA Davidson
  • First Internet Bancorp (INBK) downgraded to Neutral from Buy at Janney; tgt lowered to $32
  • Grupo Aeroportuario del Pacifico (PAC) downgraded to Underperform from Neutral at Grupo Santander; tgt $136
  • PNM Resources (PNM) downgraded to Equal Weight from Overweight at Wells Fargo; tgt lowered to $45

Others:

  • Hagerty (HGTY) initiated with a Market Perform at Raymond James
  • Natl Instruments (NATI) initiated with a Neutral at UBS; tgt $43
  • Overstock.com (OSTK) initiated with a Hold at Argus
  • Ready Capital (RC) initiated with a Neutral at UBS; tgt $11
  • Red Rock Resorts (RRR) resumed with a Hold at CBRE; tgt $44
  • VTEX (VTEX) initiated with a Neutral at UBS; tgt $4.30

This report was sent to Briefing.com subscribers earlier today. 

Contact [email protected] for any questions or corrections.

Paul Ausick

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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