Investing

First Look Analyst Calls Briefing for Friday, November 4, 2022 

Here are early analyst research calls for Friday.

By Paul Ausick
Published November 4, 2022, 7:44am ET · 2 min read

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© Mario Tama / Getty Images News via Getty Images

This report was sent to Briefing.com subscribers earlier today.

Upgrades:

> Advanced Energy (AEIS) upgraded to Buy from Neutral at Citigroup; tgt lowered to $95

> Coherent (COHR) upgraded to Buy from Neutral at Citigroup; tgt lowered to $52

> Cohu (COHU) upgraded to Buy from Neutral at Citigroup; tgt raised to $45

> Karyopharm Therapeutics (KPTI) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $10

> Penumbra (PEN) upgraded to Buy from Neutral at Citigroup; tgt lowered to $212

Downgrades:

> ACADIA Pharmaceuticals (ACAD) downgraded to Sell from Neutral at Goldman; tgt lowered to $12

> Arconic (ARNC) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $22

> Aurinia Pharma (AUPH) downgraded to Perform from Outperform at Oppenheimer

> BigCommerce (BIGC) downgraded to Hold from Buy at Truist; tgt $13

> C4 Therapeutics (CCCC) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $15

> EchoStar (SATS) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $27

> Fidelity Nat’l Info (FIS) downgraded to Perform from Outperform at Oppenheimer

> Frontdoor (FTDR) downgraded to Mkt Perform from Outperform at Raymond James

> Funko (FNKO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $16

> GoPro (GPRO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $6

> HireRight Holdings (HRT) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $12

> MKS Instruments (MKSI) downgraded to Hold from Buy at The Benchmark Company

> Prothena (PRTA) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $55

> Spirit Aerosystems (SPR) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $29

Others:

> Allscripts Healthcare (MDRX) assumed with an Overweight at Piper Sandler; tgt $17

Contact [email protected] for any questions or corrections.

1INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org).2The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts.

3Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.

4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
Paul Ausick

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.

All articles →