Investing

First Look Analyst Calls Briefing for Friday, November 11, 2022 

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

Upgrades:

> Coherent (COHR) upgraded to Buy from Neutral at BofA Securities; tgt lowered to $45

> Home Point Capital (HMPT) upgraded to Outperform from Neutral at Wedbush; tgt lowered to $1.50

> Light & Wonder (LNW) upgraded to Outperform from Neutral at Macquarie; tgt lowered to $65

Downgrades:

> DCP Midstream (DCP) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $39

> EQRx (EQRX) downgraded to Hold from Buy at Jefferies; tgt lowered to $3.20

> Expensify (EXFY) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $12

> First Advantage Corp. (FA) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $14

> HireRight Holdings (HRT) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $9

> Huntington Ingalls (HII) downgraded to Underperform from Neutral at BofA Securities; tgt $230

> Hut 8 Mining (HUT) downgraded to Hold from Buy at Craig Hallum; tgt lowered to $2

> L3Harris (LHX) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $250

> Lumentum (LITE) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $62

> Maverix Metals (MMX) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $4

> Nu Holdings (NU) downgraded to Underweight from Neutral at JP Morgan

> Outbrain Inc. (OB) downgraded to Hold from Buy at Jefferies; tgt lowered to $4

> Six Flags (SIX) downgraded to Mkt Perform from Outperform at William Blair

> Sprouts Farmers Market (SFM) downgraded to Neutral from Buy at MKM Partners; tgt $38

Others:

> Fathom Digital Manufacturing (FATH) initiated with an Overweight at JP Morgan

> MoonLake Immunotherapeutics (MLTX) initiated with a Buy at Jefferies; tgt $16

> Roku (ROKU) initiated with a Hold at Jefferies; tgt $45

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.