First Look Analysts Research Calls for Friday, January 20

This report was sent to Briefing.com subscribers earlier today. https://briefing.com Upgrades: > PVH (PVH) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $106 > Restaurant Brands Int’l (QSR) upgraded to Outperform from Market Perform at BMO Capital…

Published January 20, 2023, 7:38am ET · 1 min read

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This report was sent to Briefing.com subscribers earlier today. https://briefing.com

Upgrades:

> PVH (PVH) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $106

> Restaurant Brands Int’l (QSR) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt raised to $72

Downgrades:

> BigCommerce (BIGC) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets

> Domo (DOMO) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $16

> Pinterest (PINS) downgraded to Neutral from Buy at MKM Partners; tgt $27

> Salesforce (CRM) downgraded to Market Perform from Outperform at Cowen

Others:

> American Fincl (AFG) initiated with a Market Perform at BMO Capital Markets; tgt $155

> American Intl (AIG) initiated with a Market Perform at BMO Capital Markets; tgt $64

> Arch Capital (ACGL) initiated with a Market Perform at BMO Capital Markets; tgt $65

> Arthur J. Gallagher (AJG) initiated with an Outperform at BMO Capital Markets; tgt $211

> Brown & Brown (BRO) initiated with an Outperform at BMO Capital Markets; tgt $67

> Goosehead Insurance (GSHD) initiated with a Market Perform at BMO Capital Markets; tgt $39

> Progressive (PGR) initiated with an Outperform at BMO Capital Markets; tgt $155

> Ryan Specialty Group (RYAN) initiated with an Outperform at BMO Capital Markets; tgt $51

> Travelers (TRV) initiated with an Outperform at BMO Capital Markets; tgt $212

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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