Opening Bell Analyst Calls Briefing for Wednesday, November 9, 2022
Here are several analyst research calls made just before Wednesday's opening bell.
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.
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.
