Investing

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…

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

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© Mario Tama / Getty Images News via Getty Images

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.

1INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org).2The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts.

3Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.

4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
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.

All articles →