First Look Analyst Calls Briefing for Wednesday, October 26, 2022
Before markets opened Wednesday, analysts made changes to their views on several companies.
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This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Discover Financial Services (DFS) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $116
> Halliburton (HAL) upgraded to Overweight from Equal Weight at Wells Fargo; tgt $52
> Helix Energy (HLX) upgraded to Buy from Neutral at BTIG Research; tgt $10
> HSBC Holdings (HSBC) upgraded to Neutral from Underperform at Exane BNP Paribas
> Liberty Energy (LBRT) upgraded to Overweight from Equal Weight at Wells Fargo; tgt $24
Downgrades:
> Adidas AG (ADDYY) downgraded to Sector Perform from Outperform at RBC Capital Mkts
> Ally Financial (ALLY) downgraded to Neutral from Buy at Compass Point
> Baker Hughes (BKR) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $29
> Crown (CCK) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $71
> Edgewell Personal Care (EPC) downgraded to Neutral from Conviction Buy at Goldman; tgt lowered to $42
> Invesco (IVZ) downgraded to Underperform from Neutral at Credit Suisse; tgt lowered to $11.50
> Regeneron Pharma (REGN) downgraded to Underperform from Mkt Perform at Raymond James
> Silvergate Capital (SI) downgraded to Neutral from Buy at Goldman; tgt lowered to $64
> Washington Trust (WASH) downgraded to Neutral from Buy at Compass Point; tgt lowered to $49
> Whirlpool (WHR) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $119
Others:
> Bumble Inc. (BMBL) assumed with a Hold at Jefferies; tgt lowered to $23
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.