First Look Analyst Calls Briefing for Monday, November 14, 2022
Here are the first research calls released Monday morning.
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This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Allete (ALE) upgraded to Buy from Neutral at BofA Securities; tgt raised to $66
> Americold Realty Trust (COLD) upgraded to Buy from Neutral at BofA Securities; tgt raised to $33.50
> ASML (ASML) upgraded to Positive from Neutral at Susquehanna; tgt raised to $850
> Atlas Copco AB (ATLKY) upgraded to Buy from Neutral at Citigroup
> Beam Global (BEEM) upgraded to Buy from Neutral at H.C. Wainwright; tgt $30
> Blend Labs (BLND) upgraded to Mkt Perform from Underperform at Keefe Bruyette; tgt $2.25
> Oak Street Health (OSH) upgraded to Overweight from Equal-Weight at Morgan Stanley
> Ritchie Bros. (RBA) upgraded to Buy from Neutral at Northcoast; tgt $65
Downgrades:
> Alexander & Baldwin (ALEX) downgraded to Neutral from Overweight at Piper Sandler; tgt $20
> Ares Management (ARES) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt $93
> Bank of America (BAC) downgraded to Neutral from Buy at Citigroup; tgt $40
> Barings BDC (BBDC) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $10
> Omega Health (OHI) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $33
> Oscar Health (OSCR) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $5
> Sierra Bancorp (BSRR) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $24
Others:
> Sachem Capital (SACH) initiated with a Mkt Perform at JMP Securities
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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.