Opening Bell Analysts Research Calls for Monday, January 30

Investing

January 30, 2023 9:21 am

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

Research calls posted earlier this morning are available here.

Upgrades:

> Colgate-Palmolive (CL) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $82

> Diana Shipping (DSX) upgraded to Buy from Hold at Fearnley; tgt lowered to $4.80

> Flowserve (FLS) upgraded to Buy from Neutral at BofA Securities; tgt raised to $40

> Kemper (KMPR) upgraded to Neutral from Underperform at Credit Suisse; tgt raised to $56

> Lockheed Martin (LMT) upgraded to Buy from Hold at DZ Bank; tgt $523

> Xero (XROLF) upgraded to Conviction Buy from Buy at Goldman

> AZEK (AZEK) downgraded to Neutral from Buy at BofA Securities; tgt raised to $25

> BMW Group (BMWYY) downgraded to Hold from Buy at Berenberg

> Celularity (CELU) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $1

> Eastern Bankshares (EBC) downgraded to Neutral from Buy at Janney; tgt $17

> Eastman Chemical (EMN) downgraded to Hold from Buy at Vertical Research; tgt lowered to $92

> Eastman Chemical (EMN) downgraded to Sector Perform from Sector Outperform at Scotiabank; tgt lowered to $90

> Edwards Lifesciences (EW) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $80

> First Interstate Bancsystem (FIBK) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $38

> Fortune Brands Innovations (FBIN) downgraded to Underperform from Neutral at BofA Securities; tgt lowered to $60

> General Motors (GM) downgraded to Hold from Buy at Berenberg; tgt lowered to $41

> Goodyear Tire (GT) downgraded to Underperform from Neutral at Exane BNP Paribas

> Lulu’s Fashion Lounge (LVLU) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets

> NEXTDC Ltd. (NXDCF) downgraded to Buy from Conviction Buy at Goldman

> Old Dominion (ODFL) downgraded to Underperform from Neutral at Credit Suisse; tgt $323

> Aterian (ATER) initiated with a Buy at Craig Hallum; tgt $3

> 4D Molecular Therapeutics (FDMT) initiated with an Outperform at BMO Capital Markets; tgt $50

> Denali Therapeutics (DNLI) initiated with an Outperform at SVB Securities; tgt $50

> DoorDash (DASH) initiated with an Outperform at MoffettNathanson; tgt $79

> Federal Realty (FRT) upgraded to Buy from Neutral at Compass Point; tgt $125

> Kohl’s (KSS) initiated with a Sell at Goldman; tgt $27

> Macy’s (M) initiated with a Buy at Goldman; tgt $28

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