First Look Analyst Calls Briefing for Tuesday, November 1, 2022
Here is a list of analysts' research calls made early Tuesday morning.
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Auto Trader (ATDRY) upgraded to Buy from Neutral at UBS
> Carvana (CVNA) upgraded to Neutral from Underweight at JP Morgan; tgt $20
> First Solar (FSLR) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $162
> Gogo (GOGO) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $15
> LPL Financial (LPLA) upgraded to Outperform from Neutral at Credit Suisse; tgt $315
> Monster Beverage (MNST) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $106
> Norfolk Southern (NSC) upgraded to Sector Perform from Underperform at RBC Capital Mkts; tgt raised to $237
Downgrades:
> Altra Industrial Motion (AIMC) downgraded to Neutral from Outperform at Robert W. Baird; tgt $62
> Banco Santander Brasil (BSBR) downgraded to Underperform from Neutral at BofA Securities
> Centerspace (CSR) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $70
> Charles Schwab (SCHW) downgraded to Neutral from Outperform at Credit Suisse; tgt $84
> Clearwater Paper (CLW) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt $45
> Guardant Health (GH) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $50
> Instil Bio (TIL) downgraded to Market Perform from Outperform at Cowen
> Principal Fincl (PFG) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $89
> RPT Realty (RPT) downgraded to Neutral from Outperform at Credit Suisse; tgt $10
> Stryker (SYK) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $220
> Union Pacific (UNP) downgraded to Underperform from Sector Perform at RBC Capital Mkts; tgt lowered to $187
> Varonis Systems (VRNS) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $20
> Varonis Systems (VRNS) downgraded to Underweight from Overweight at Wells Fargo; tgt lowered to $24
Others:
> Deckers Outdoor (DECK) resumed with a Buy at BofA Securities; tgt $425
> EDAP TMS SA (EDAP) initiated with a Buy at Jefferies; tgt $11
> Exelixis (EXEL) initiated with a Buy at EF Hutton; tgt $28
> Intellia Therapeutics (NTLA) initiated with a Buy at EF Hutton; tgt $130
> PDS Biotechnology (PDSB) initiated with a Buy at B. Riley Securities; tgt $10
> Regeneron Pharma (REGN) initiated with a Buy at EF Hutton; tgt $851
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.