Opening Bell Analysts Research Calls for Tuesday, December 20

Investing

24/7 Wall St. Staff

Published: December 20, 2022 9:48 am

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

Research calls posted earlier this morning are available here.

Upgrades:

> JELD-WEN (JELD) upgraded to Neutral from Underweight at JP Morgan; tgt $9.50

> Nevro (NVRO) upgraded to Buy from Hold at Canaccord Genuity; tgt raised to $67

Downgrades:

> Cresco Labs (CRLBF) downgraded to Market Perform from Outperform at Cowen

> Generac (GNRC) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $119

> NetApp (NTAP) downgraded to Neutral from Overweight at JP Morgan; tgt $71

> Norfolk Southern (NSC) downgraded to In-line from Outperform at Evercore ISI; tgt raised to $262

> RBC Bearings (RBC) downgraded to Neutral from Overweight at Alembic Global Advisors; tgt $217

> Spirit Airlines (SAVE) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $24

> Target (TGT) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $160

> Whirlpool (WHR) downgraded to Neutral from Overweight at JP Morgan

> Yelp (YELP) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $23

Others:

> Cytokinetics (CYTK) initiated with a Buy at Truist; tgt $60

> F&G Annuities & Life (FG) initiated with an Equal-Weight at Stephens; tgt $22

> Hain Celestial (HAIN) initiated with a Hold at Stifel; tgt $17

> OmniAb (OABI) initiated with a Buy at Truist; tgt $10

> Performant Financial (PFMT) assumed with a Buy at Lake Street; tgt $8

> Rivian Automotive (RIVN) initiated with an Overweight at Cantor Fitzgerald; tgt $22

> RXO, Inc. (RXO) initiated with an Equal Weight at Wells Fargo; tgt $18

> Tapestry (TPR) initiated with an Outperform at Raymond James; tgt $44

> TechTarget (TTGT) initiated with a Neutral at Goldman; tgt $57

Are You Ahead, or Behind on Retirement?

If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: am I ahead, or behind on my goals?

Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With Zoe Financial’s free matching tool, you can connect with trusted financial advisors in minutes.

Why wait? Click here to get started today!