Morning Analyst Calls Briefing for Wednesday, October 26, 2022
Before markets open Wednesday, brokerages have made more changes to the ratings and price targets on several stocks.
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
>Agilysys (AGYS) upgraded to Buy from Hold at Craig Hallum; tgt raised to $65
> Canopy Growth (CGC) upgraded to Hold from Sell at Canaccord Genuity
> Humana (HUM) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $576
> Pentair (PNR) upgraded to Neutral from Underweight at JP Morgan; tgt $42
> Range Resources (RRC) upgraded to Positive from Neutral at Susquehanna; tgt $38
> Shaw Comms (SJR) upgraded to Sector Outperform from Sector Perform at Scotiabank
> Turkiye Garanti Bankasi (TKGBY) upgraded to Buy from Hold at Societe Generale
Downgrades:
> Adidas AG (ADDYY) downgraded to Sell from Hold at Societe Generale
> First Foundation (FFWM) downgraded to Neutral from Buy at DA Davidson; tgt $18
> Fresenius Medical (FMS) downgraded to Sell from Hold at Deutsche Bank
> Myovant Sciences (MYOV) downgraded to In-line from Outperform at Evercore ISI
Others:
> Abbott Labs (ABT) initiated with a Neutral at Mizuho; tgt $105
> Capricor Therapeutics (CAPR) initiated with a Buy at Ladenburg Thalmann; tgt $15
> Edwards Lifesciences (EW) initiated with a Buy at Mizuho; tgt $100
> Match Group (MTCH) assumed with a Buy at Jefferies; tgt lowered to $60
> Permian Resources (PR) resumed with a Buy at Citigroup; tgt $12
> Roblox (RBLX) initiated with a Buy at DA Davidson; tgt $55
> Roblox (RBLX) initiated with an Overweight at Piper Sandler; tgt $54
> Teleflex (TFX) initiated with a Neutral at Mizuho; tgt $220
Research calls posted earlier this morning are available here.
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.