This report was sent to Briefing.com subscribers earlier today.
Research calls posted earlier this morning are available here.
Upgrades:
> Cielo SA (CIOXY) upgraded to Buy from Neutral at Citigroup
> Essential Utilities (WTRG) upgraded to Buy from Neutral at UBS; tgt raised to $55
> Lloyds Banking (LYG) upgraded to Overweight from Equal Weight at Barclays
> LyondellBasell (LYB) upgraded to Outperform from Underperform at Credit Suisse; tgt $109
> Personalis (PSNL) upgraded to Buy from Hold at Needham
> Rogers Comms (RCI) upgraded to Buy from Neutral at UBS
> Spotify (SPOT) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $180
> Spotify (SPOT) upgraded to Overweight from Neutral at Atlantic Equities; tgt $160
> Splunk (SPLK) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $130
Downgrades:
> AGNC Investment (AGNC) downgraded to Hold from Buy at Argus
> Brookfield Business Partners (BBU) downgraded to Hold from Buy at Industrial Alliance
> Brookfield Corp. (BN) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $41
> Brookfield Renewable Partners (BEP) downgraded to Hold from Buy at Industrial Alliance
> Corsair Gaming (CRSR) downgraded to Neutral from Outperform at Wedbush; tgt $17
> IBM (IBM) downgraded to Hold from Buy at Edward Jones
> Insight Enterprises (NSIT) downgraded to Neutral from Buy at Sidoti; tgt $127
> Lyft (LYFT) downgraded to Hold from Buy at Gordon Haskett
> National Fuel Gas (NFG) downgraded to Mkt Perform from Outperform at Raymond James
> NatWest Group plc (NWG) downgraded to Equal Weight from Overweight at Barclays
> PagSeguro Digital (PAGS) downgraded to Neutral from Buy at Citigroup; tgt lowered to $12
> PayPal (PYPL) downgraded to Mkt Perform from Outperform at Raymond James
> Pool (POOL) downgraded to Hold from Buy at Stifel; tgt raised to $360
> Rent-A-Center (RCII) downgraded to Hold from Buy at Loop Capital; tgt $30
> RH (RH) downgraded to Market Perform from Outperform at Telsey Advisory Group; tgt $330
> Seagen (SGEN) downgraded to Market Perform from Outperform at SVB Securities; tgt lowered to $141
> Shopify (SHOP) downgraded to Sell from Hold at DZ Bank
> SLR Capital Partners (SLRC) downgraded to Neutral from Buy at Compass Point; tgt $15.75
> Southwestern Energy (SWN) downgraded to Mkt Perform from Outperform at Raymond James
> STAAR Surgical (STAA) downgraded to Neutral from Buy at BTIG Research
> T-Mobile US (TMUS) downgraded to Market Perform from Outperform at MoffettNathanson; tgt $174
> Vale S.A. (VALE) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $15
> Virtus Investment Partners (VRTS) downgraded to Neutral from Overweight at Piper Sandler; tgt $248
> Winnebago (WGO) downgraded to Neutral from Buy at Northcoast
Others:
> BridgeBio Pharma (BBIO) initiated with an Outperform at Cowen
> Marriott Vacations (VAC) initiated with a Neutral at BofA Securities; tgt $180
> Meyer Burger Tech. (MYBUF) initiated with a Buy at Goldman
> Newegg Commerce (NEGG) initiated with an Outperform at Noble Capital Markets; tgt $3.50
> Outlook Therapeutics (OTLK) initiated with an Overweight at Cantor Fitzgerald; tgt $4
> Rexford Industrial Realty (REXR) initiated with an Outperform at BMO Capital Markets; tgt $77
> STAG Industrial (STAG) initiated with an Outperform at BMO Capital Markets; tgt $41
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
