First Look Analysts Research Calls for Wednesday, January 18

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…

Published January 18, 2023, 7:35am ET · 2 min read

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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

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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