Opening Bell Analysts Research Calls for Monday, December 19

This report was sent to Briefing.com subscribers earlier today.  Research calls posted earlier this morning are available here.   Upgrades: > Mettler-Toledo (MTD) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $1350 > Warner Music Group (WMG)…

Published December 19, 2022, 9:28am ET · 1 min read

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

Research calls posted earlier this morning are available here.  

Upgrades:

> Mettler-Toledo (MTD) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $1350

> Warner Music Group (WMG) upgraded to Overweight from Neutral at Atlantic Equities; tgt raised to $41

Downgrades:

> American Electric (AEP) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $98

> Element Financial (ELEEF) downgraded to Sector Perform from Sector Outperform at Scotiabank

> Raymond James (RJF) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $120

> Waste Mgmt (WM) downgraded to Hold from Buy at Stifel; tgt lowered to $171

Others:

> Apollo Medical (AMEH) initiated with a Buy at Lake Street; tgt $40

> Spok (SPOK) assumed with a Buy at Lake Street; tgt $15

> Stem (STEM) initiated with a Neutral at ROTH Capital

> Ventyx Biosciences (VTYX) initiated with a Buy at Goldman; tgt $50

> VolitionRx (VNRX) initiated with a Buy at EF Hutton; tgt $6

Contact [email protected] for any questions or corrections.

Paul Ausick

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.

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