First Look Analyst Calls Briefing for Tuesday, October 25, 2022
Here are several analyst calls reported before markets opened Tuesday morning.
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Assoc Banc-Corp (ASB) upgraded to Neutral from Underperform at BofA Securities; tgt $24
> Hibbett (HIBB) upgraded to Buy from Neutral at BofA Securities; tgt $75
> Netflix (NFLX) upgraded to Outperform from Neutral at Daiwa Securities; tgt raised to $330
> TechnipFMC (FTI) upgraded to Buy from Hold at HSBC Securities; tgt $13.50
Downgrades:
> Arista Networks (ANET) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $110
> Brigham Minerals (MNRL) downgraded to Hold from Buy at Stifel; tgt lowered to $27
> Equinox Gold (EQX) downgraded to Underperform from Sector Perform at RBC Capital Mkts
> First Advantage Corp. (FA) downgraded to Hold from Buy at Jefferies; tgt lowered to $13
> Health Catalyst (HCAT) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $9
Others:
> Caleres (CAL) initiated with a Neutral at Piper Sandler; tgt $28
> Casella Waste (CWST) assumed with a Buy at Jefferies; tgt lowered to $95
> Coterra Energy (CTRA) resumed with a Buy at Stifel; tgt $40
> Deckers Outdoor (DECK) initiated with an Overweight at Piper Sandler; tgt $440
> EOG Resources (EOG) resumed with a Buy at Stifel; tgt $151
> FedEx (FDX) initiated with a Hold at Jefferies; tgt $170
> Forward Air (FWRD) initiated with a Buy at Jefferies; tgt $120
> GFL Environmental (GFL) assumed with a Buy at Jefferies; tgt lowered to $41
> GXO Logistics (GXO) initiated with a Buy at Jefferies; tgt $70
> Innoviz Technologies (INVZ) initiated with a Neutral at Rosenblatt; tgt $5
> Landstar System (LSTR) initiated with a Hold at Jefferies; tgt $145
Contact [email protected] for any questions or corrections.
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.
