First Look Analysts Research Calls for Wednesday, January 18

Photo of Paul Ausick
By Paul Ausick Published
First Look Analysts Research Calls for Wednesday, January 18

© Mario Tama / Getty Images News via Getty Images

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

Upgrades:

> GoDaddy (GDDY) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $103

> Lightspeed (LSPD) upgraded to Outperform from Neutral at SMBC Nikko; tgt $21

> Marqeta (MQ) upgraded to Neutral from Underperform at SMBC Nikko; tgt $8

> Myriad Genetics (MYGN) upgraded to Outperform from Mkt Perform at Raymond James; tgt $25

> Natera (NTRA) upgraded to Outperform from Mkt Perform at Raymond James; tgt $58

Downgrades:

> Arthur J. Gallagher (AJG) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $210

> BlackLine (BL) downgraded to Sell from Neutral at Citigroup; tgt raised to $63

> Chegg (CHGG) downgraded to Hold from Buy at Needham

> Graphite Bio (GRPH) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $3

> IBM (IBM) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $148

> Levi Strauss (LEVI) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $17

> Mercantile Bank (MBWM) downgraded to Mkt Perform from Outperform at Raymond James

> YETI Holdings (YETI) downgraded to Market Perform from Outperform at Cowen; tgt $47

Others:

> Alnylam Pharma (ALNY) initiated with a Buy at Canaccord Genuity; tgt $310

> Applied Materials (AMAT) resumed with a Buy at Stifel; tgt $132

> ICHOR Corporation (ICHR) resumed with a Buy at Stifel; tgt $37

> KLA Corporation (KLAC) resumed with a Buy at Stifel; tgt $505

> Mobileye Global (MBLY) initiated with a Buy at Deutsche Bank; tgt $48

> Zscaler (ZS) initiated with a Sector Outperform at Scotiabank; tgt $115

Photo of Paul Ausick
About the Author 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.

Continue Reading

Top Gaining Stocks

BX Vol: 8,020,485
HUM Vol: 1,891,211
AXON Vol: 1,285,806
AMT Vol: 4,071,017
ERIE Vol: 225,942

Top Losing Stocks

AVGO Vol: 80,634,965
CTRA Vol: 73,319,495
MU Vol: 53,859,068
APTV Vol: 6,390,247
ANET Vol: 10,232,509