Additional Analyst Calls Briefing for Friday, October 21, 2022

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By Paul Ausick Published
Additional Analyst Calls Briefing for Friday, October 21, 2022

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

Upgrades:

  • AT&T (T) upgraded to Buy from Hold at Truist; tgt $21
  • GFL Environmental (GFL) upgraded to Buy from Neutral at BofA Securities; tgt lowered to $32.50.
  • Juniper Networks (JNPR) upgraded to Strong Buy from Outperform at Raymond James; tgt raised to $37
  • Moderna (MRNA) upgraded to Mkt Perform from Underperform at SVB Leerink; tgt lowered to $101
  • SAP SE (SAP) upgraded to Overweight from Neutral at JP Morgan

Downgrades:

  • CVB Financial (CVBF) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $32
  • Equifax (EFX) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $158
  • First Internet Bancorp (INBK) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $30
  • Immunic (IMUX) downgraded to Mkt Perform from Outperform at SVB Leerink; tgt $5
  • Ovintiv (OVV) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $57
  • Robert Half (RHI) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $76
  • Snap (SNAP) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $9
  • Snap (SNAP) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $11
  • Snap (SNAP) downgraded to Neutral from Buy at MKM Partners; tgt lowered to $10
  • SVB Financial Group (SIVB) downgraded to Neutral from Buy at Janney
  • SVB Financial Group (SIVB) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $265
  • Under Armour (UAA) downgraded to Market Perform from Outperform at Telsey Advisory Group; tgt lowered to $8
  • Zymeworks (ZYME) downgraded to Mkt Perform from Outperform at SVB Leerink; tgt $8

Others:

  • CCC Intelligent Solutions (CCCS) initiated with an Equal Weight at Barclays; tgt $10
  • Cerberus Cyber Sentinel (CISO) initiated with an Overweight at Cantor Fitzgerald; tgt $5
  • Ormat Tech (ORA) initiated with a Neutral at Citigroup; tgt $91
  • Pacira BioSciences (PCRX) assumed with a Buy at Jefferies; tgt $66
  • Palo Alto Networks (PANW) initiated with an Overweight at Cantor Fitzgerald; tgt $220
  • Phathom Pharmaceuticals (PHAT) initiated with a Buy at Jefferies; tgt $16
  • Revolution Medicines (RVMD) initiated with an Outperform at Oppenheimer; tgt $30
  • RVL Pharmaceuticals (RVLP) assumed with a Hold at Jefferies; tgt $2.50
  • scPharmaceuticals (SCPH) assumed with a Buy at Jefferies; tgt $14
  • Sol-Gel (SLGL) assumed with a Hold at Jefferies; tgt $5.50
  • Tenable (TENB) resumed with a Hold at Berenberg; tgt $32
  • Teva Pharma (TEVA) assumed with a Buy at Jefferies; tgt $10
  • Univar Solutions (UNVR) initiated with an Outperform at Credit Suisse; tgt $31
  • Viatris (VTRS) assumed with a Hold at Jefferies; tgt $11
  • Xeris Biopharma (XERS) initiated with a Buy at Jefferies; tgt $4
  • Zscaler (ZS) initiated with a Neutral at Cantor Fitzgerald; tgt $160

Contact [email protected] for any questions or corrections.

Photo of Paul Ausick
About the Author 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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