Opening Bell Analyst Calls Briefing for Friday, October 21, 2022
Research calls on these companies were posted shortly after the market opened Friday morning.
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
- Oracle (ORCL) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $80
Downgrades:
- Banner (BANR) downgraded to Outperform from Strong Buy at Raymond James; tgt raised to $72
- D.R. Horton (DHI) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $77
- Dassault Systemes (DASTY) downgraded to Neutral from Overweight at JP Morgan
- First Internet Bancorp (INBK) downgraded to Hold from Buy at Craig Hallum; tgt lowered to $30
- Generac (GNRC) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $104
- Idorsia Ltd (IDRSF) downgraded to Hold from Buy at Deutsche Bank
- KB Home (KBH) downgraded to Mkt Perform from Strong Buy at Raymond James
- Lennar (LEN) downgraded to Mkt Perform from Outperform at Raymond James
- Lion Electric (LEV) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $2.50
- MDC Holdings (MDC) downgraded to Mkt Perform from Strong Buy at Raymond James
- Nutrien (NTR) downgraded to Hold from Buy at HSBC Securities
- PulteGroup (PHM) downgraded to Mkt Perform from Strong Buy at Raymond James
- Toll Brothers (TOL) downgraded to Mkt Perform from Outperform at Raymond James
- Vasta Platform (VSTA) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $6
Others:
- Aspen Aerogels (ASPN) assumed with a Buy at Canaccord Genuity; tgt $20
- Bloomin’ Brands (BLMN) initiated with a Neutral at UBS; tgt $23
- Bruker (BRKR) initiated with a Buy at UBS; tgt $70
- LSI Industries (LYTS) assumed with a Buy at Canaccord Genuity; tgt lowered to $9
- Plug Power (PLUG) assumed with a Hold at Canaccord Genuity; tgt lowered to $16
- Sonoco Products (SON) named Catalyst Call Buy Idea at Deutsche Bank
- Steven Madden (SHOO) placed on Positive Catalyst Watch at Citigroup; tgt lowered to $31
More research calls are available here and here.
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.
