This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Blackstone Secured Lending Fund (BXSL) upgraded to Buy from Neutral at Janney; tgt raised to $27
> Brookfield Asset Mgmt (BAM) upgraded to Reduce from Sell at Veritas
> Scor (SCRYY) upgraded to Buy from Hold at Jefferies
> Triple Flag Precious Metals Corp. (TFPM) upgraded to Outperform from Market Perform at BMO Capital Markets
Downgrades:
> EQRx (EQRX) downgraded to Neutral from Buy at Goldman; tgt lowered to $5
> FIGS, Inc. (FIGS) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $8
> Freeport-McMoRan (FCX) downgraded to Sector Perform from Sector Outperform at Scotiabank; tgt $34
> Lundin Mining (LUNMF) downgraded to Neutral from Overweight at JP Morgan
Others:
> AxoGen (AXGN) assumed with a Buy at Jefferies; tgt $15
> Hanover Insurance (THG) initiated with a Buy at Janney; tgt $164
> IMAX (IMAX) added to Best Ideas List at Wedbush
> Monolithic Power (MPWR) initiated with an Overweight at Wells Fargo; tgt $435
> Selective Insurance (SIGI) initiated with a Neutral at Janney; tgt $96
> W.R. Berkley (WRB) initiated with a Buy at Janney; tgt $88
Research calls posted earlier this morning are available here and here.
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