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Investing

First Look Analysts Research Calls for Thursday, February 2

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By Paul Ausick Published
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First Look Analysts Research Calls for Thursday, February 2

© Mario Tama / Getty Images News via Getty Images

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

Upgrades:

> FedEx (FDX) upgraded to Buy from Neutral at BofA Securities; tgt $233

> FedEx (FDX) upgraded to Buy from Neutral at Citigroup; tgt raised to $240

> Ingevity (NGVT) upgraded to Buy from Hold at Loop Capital; tgt raised to $100

> O-I Glass (OI) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $34

> Okta (OKTA) upgraded to Buy from Hold at Needham; tgt $90

> Silicon Labs (SLAB) upgraded to Buy from Hold at Summit Insights

Downgrades:

> Ashland (ASH) downgraded to Underweight from Neutral at JP Morgan; tgt raised to $105

> Astra Space (ASTR) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $1

> Fortinet (FTNT) downgraded to Market Perform from Outperform at BMO Capital Markets; tgt lowered to $57

> Grab (GRAB) downgraded to Underweight from Neutral at JP Morgan; tgt lowered to $2.80

> GXO Logistics (GXO) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $40

> Match Group (MTCH) downgraded to Perform from Outperform at Oppenheimer

> Peloton (PTON) downgraded to Mkt Perform from Mkt Outperform at JMP Securities

> Peloton (PTON) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $8

> Qualtrics (XM) downgraded to Hold from Buy at Deutsche Bank; tgt raised to $19

> R1 RCM (RCM) downgraded to Hold from Buy at Truist; tgt $15

> Varonis Systems (VRNS) downgraded to Hold from Buy at Needham

Others:

> Accolade (ACCD) initiated with an Outperform at Raymond James; tgt $15

> Everest Re (RE) initiated with an Outperform at Raymond James; tgt $385

> Globant (GLOB) initiated with a Buy at HSBC Securities; tgt $240

Contact [email protected] for any questions or corrections.

Disclaimer: Energy Exploration Technologies, Inc. ("EnergyX") has engaged 24/7 Wall St to publish this communication in connection with EnergyX's ongoing Regulation A offering. 24/7 Wall St has been paid in cash and may receive additional compensation. 24/7 Wall St and/or its affiliates do not currently hold securities of EnergyX.

This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX's offering materials. EnergyX's Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.

Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty. Investments in private placements, and start-up investments in particular, are long-term, illiquid, speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups

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About the Author 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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