Morning Analyst Calls Briefing for Friday, October 28, 2022
Here are the latest research calls for Friday morning.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Intel (INTC) upgraded to Buy from Hold at Summit Insights
> Intel (INTC) upgraded to Equal Weight from Underweight at Barclays; tgt $30
> Intel (INTC) upgraded to Neutral from Underperform at KGI Securities; tgt $28
> MYR Group (MYRG) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $95
> MYR Group (MYRG) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $99
Downgrades:
> Associated British Foods (ASBFY) downgraded to Hold from Buy at HSBC Securities
> Banco Santander Brasil (BSBR) downgraded to Sell from Neutral at Goldman
> Dana Inc (DAN) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $16
> H&M (HNNMY) downgraded to Reduce from Hold at HSBC Securities
> Marks and Spencer (MAKSY) downgraded to Hold from Buy at HSBC Securities
> Meta Platforms (META) downgraded to Hold from Buy at Edward Jones
> O’Reilly Auto (ORLY) downgraded to Buy from Conviction Buy at Goldman; tgt raised to $841
> Paylocity (PCTY) downgraded to Neutral from Buy at DA Davidson; tgt $250
> Stanley Black & Decker (SWK) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $80
> Teck Resources (TECK) downgraded to Market Perform from Outperform at BMO Capital Markets
> Travel + Leisure Co (TNL) downgraded to Underperform from Outperform at Credit Suisse; tgt lowered to $31
> United Fire Group (UFCS) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $31
Others:
> Physicians Realty Trust (DOC) initiated with a Neutral at JP Morgan; tgt $17
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.