Investing

Opening Bell Analysts Research Calls for Friday, December 16

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

Research calls posted earlier this morning are available here

Upgrades:

> Brixmor Property (BRX) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $29

> Crestwood Equity Partners (CEQP) upgraded to Overweight from Equal Weight at Wells Fargo; tgt $35

Downgrades:

> John Wood Group plc (WDGJF) downgraded to Equal Weight from Overweight at Barclays

> New York Times (NYT) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt $37

> TC Energy (TRP) downgraded to Underweight from Equal Weight at Wells Fargo

> Third Harmonic Bio (THRD) downgraded to Hold from Buy at Jefferies; tgt lowered to $3.60

> Third Harmonic Bio (THRD) downgraded to Market Perform from Outperform at LifeSci Capital

Others:

> Cracker Barrel (CBRL) initiated with a Neutral at UBS; tgt $105

> Fortune Brands Innovations (FBIN) initiated with a Hold at Zelman

> MasterBrand (MBC) initiated with a Buy at Zelman

> Revolve Group (RVLV) initiated with a Neutral at UBS; tgt $25

> ShockWave Medical (SWAV) initiated with a Buy at Deutsche Bank; tgt $285

> Traeger (COOK) assumed with a Mkt Perform at William Blair

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