Opening Bell Analyst Calls Briefing for Wednesday, November 9, 2022 

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By Paul Ausick Published
Opening Bell Analyst Calls Briefing for Wednesday, November 9, 2022 

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

Upgrades:

> Computershare (CMSQY) upgraded to Outperform from Neutral at Credit Suisse

> Finning Int’l (FINGF) upgraded to Outperform from Market Perform at BMO Capital Markets

> First Bancshares (FBMS) upgraded to Buy from Neutral at Janney; tgt raised to $39

> Macy’s (M) upgraded to Positive from Mixed at OTR Global

> Velodyne Lidar (VLDR) upgraded to Hold from Sell at Craig Hallum; tgt lowered to $0.85

Downgrades:

> Coinbase Global (COIN) downgraded to Neutral from Buy at Daiwa Securities; tgt lowered to $52

> Inovio Pharma (INO) downgraded to Hold from Buy at Maxim Group

> Lumentum (LITE) downgraded to Market Perform from Outperform at Northland Capital; tgt lowered to $55

> Sims Metal Mgmt (SMSMY) downgraded to Neutral from Outperform at Credit Suisse

> Svenska Handelsbanken (SVNLY) downgraded to Neutral from Buy at Citigroup

> Unisys (UIS) downgraded to Market Perform from Market Outperform at CJS Securities

> Velodyne Lidar (VLDR) downgraded to Perform from Outperform at Oppenheimer

Others:

> Cisco (CSCO) placed on Tactical Outperform list at Evercore ISI

> IGM Biosciences (IGMS) assumed with a Buy at Jefferies; tgt lowered to $55

Research calls posted earlier this morning are available here and here.   

Photo of Paul Ausick
About the Author 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.

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