Morning Analyst Calls Briefing for Thursday, November 3, 2022
Here is the latest round-up of research calls for Thursday morning.
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Alkermes (ALKS) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $30
> Freshpet (FRPT) upgraded to Neutral from Sell at Citigroup; tgt raised to $66
> Mayville Engineering Company (MEC) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $15
> Ultragenyx Pharma (RARE) upgraded to Outperform from Neutral at Robert W. Baird; tgt $50
> Yum China (YUMC) upgraded to Buy from Hold at BOCOM International; tgt $55.80
Downgrades:
> Altice USA (ATUS) downgraded to Hold from Buy at Pivotal Research Group; tgt lowered to $5
> Cognizant Tech (CTSH) downgraded to Hold from Buy at Societe Generale; tgt $70
> Cognizant Tech (CTSH) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $65
> Cognizant Tech (CTSH) downgraded to Mkt Perform from Outperform at William Blair
> Cognizant Tech (CTSH) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $66
> CURO Group (CURO) downgraded to Neutral from Buy at Janney
> Maravai Life Sciences (MRVI) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $17
> Omnicell (OMCL) downgraded to Hold from Buy at The Benchmark Company
> Rapid7 (RPD) downgraded to Hold from Buy at Truist; tgt lowered to $40
> Rapid7 (RPD) downgraded to Neutral from Buy at Mizuho; tgt lowered to $45
> Roku (ROKU) downgraded to Neutral from Buy at Guggenheim
> Roku (ROKU) downgraded to Neutral from Buy at Rosenblatt; tgt lowered to $51
> Zions Bancorp (ZION) downgraded to Peer Perform from Outperform at Wolfe Research
Others:
> Keysight (KEYS) initiated with an Overweight at Wells Fargo; tgt $200
> PropertyGuru (PGRU) initiated with a Buy at Citigroup; tgt $7
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.
