First Look Analysts Research Calls for Monday, January 23

This report was sent to Briefing.com subscribers earlier today. Upgrades: > Advanced Micro (AMD) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $85 > Qualcomm (QCOM) upgraded to Overweight from Equal Weight at Barclays; tgt raised to…

Published January 23, 2023, 7:45am ET · 2 min read

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

Upgrades:

> Advanced Micro (AMD) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $85

> Qualcomm (QCOM) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $150

> Seagate Tech (STX) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $70

> Shopify (SHOP) upgraded to Buy from Hold at Deutsche Bank; tgt raised to $50

> Skyworks (SWKS) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $125

> Sotera Health (SHC) upgraded to Neutral from Underweight at JP Morgan; tgt raised to $18

Downgrades:

> Applied Materials (AMAT) downgraded to Underweight from Equal Weight at Barclays; tgt raised to $90

> Ingredion (INGR) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $110

> KLA Corporation (KLAC) downgraded to Underweight from Equal Weight at Barclays; tgt raised to $325

> Range Resources (RRC) downgraded to Hold from Buy at The Benchmark Company

> SentinelOne (S) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $15

> Tapestry (TPR) downgraded to Equal Weight from Overweight at Barclays; tgt $43

> Veeco Instruments (VECO) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $20

> Warner Music Group (WMG) downgraded to Equal Weight from Overweight at Barclays; tgt $35

> Workday (WDAY) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $195

Others:

> Rain Oncology (RAIN) initiated with a Buy at Mizuho; tgt $18

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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