Morning Analyst Calls Briefing for Friday, November 11, 2022
Here's the second tranche of research calls released early Friday morning.
This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> AAC Technologies (AACAY) upgraded to Buy from Neutral at Nomura
> Heartland Express (HTLD) upgraded to Buy from Neutral at UBS; tgt raised to $18
> Mazda Motor (MZDAY) upgraded to Buy from Neutral at Nomura
> Schneider National (SNDR) upgraded to Buy from Neutral at UBS; tgt lowered to $20
> SciPlay (SCPL) upgraded to Buy from Hold at Craig Hallum; tgt raised to $17
> Walgreens Boots Alliance (WBA) upgraded to Buy from Hold at Deutsche Bank
> Werner Enterprises (WERN) upgraded to Buy from Neutral at UBS; tgt raised to $51
Downgrades:
> AppLovin (APP) downgraded to Neutral from Buy at BofA Securities
> GlaxoSmithKline (GSK) downgraded to Sell from Neutral at UBS
> First Quantum Minerals (FQVLF) downgraded to Underweight from Overweight at JP Morgan
> Intel (INTC) downgraded to Underweight from Overweight at JP Morgan; tgt lowered to $32
> Occidental Petro (OXY) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $76
> Sallie Mae (SLM) downgraded to Neutral from Buy at Compass Point; tgt lowered to $18
> Spirit Aerosystems (SPR) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $26
> TuSimple Holdings (TSP) downgraded to Hold from Buy at Truist
> VBI Vaccines (VBIV) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $2
Others:
> GoDaddy (GDDY) initiated with an Overweight at JP Morgan; tgt $89
> Outset Medical (OM) initiated with an Outperform at RBC Capital Mkts; tgt $23
> Wix.com (WIX) initiated with a Neutral at JP Morgan; tgt $84
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.