Opening Bell Analysts Research Calls for Monday, March 27

This report was sent to Briefing.com subscribers earlier today.  Research calls posted earlier this morning are available here.  Upgrades: > Fortive (FTV) upgraded to Buy from Hold at Vertical Research; tgt $74 > HeidelbergCement (HDELY) upgraded to Buy from Hold…

Published March 27, 2023, 9:15am ET · 1 min read

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

Research calls posted earlier this morning are available here

Upgrades:

> Fortive (FTV) upgraded to Buy from Hold at Vertical Research; tgt $74

> HeidelbergCement (HDELY) upgraded to Buy from Hold at Jefferies

> J.M. Smucker (SJM) upgraded to Buy from Hold at Argus; tgt $170

> Renault (RNSDF) upgraded to Buy from Hold at HSBC Securities

Downgrades:

> Berkshire Grey (BGRY) downgraded to Hold from Buy at Craig Hallum; tgt lowered to $1.40

> CyberAgent (CYGIY) downgraded to Sell from Neutral at Citigroup

> Pernod-Ricard (PDRDY) downgraded to Neutral from Overweight at JP Morgan

> Roche Hldg (RHHBY) downgraded to Equal Weight from Overweight at Barclays

Others:

> Autolus Therapeutics (AUTL) assumed with an Overweight at Wells Fargo; tgt $8

> Fate Therapeutics (FATE) assumed with an Equal Weight at Wells Fargo; tgt $6

> FedEx (FDX) initiated with a Hold at Melius; tgt $240

> Fisker (FSR) placed on Catalyst Watch at Citigroup

> Gracell Biotechnologies (GRCL) assumed with an Overweight at Wells Fargo; tgt $7

> Iovance Biotherapeutics (IOVA) assumed with an Equal Weight at Wells Fargo; tgt $11

> Lion Electric (LEV) initiated with a Buy at R. F. Lafferty; tgt $7

> UPS (UPS) initiated with a Buy at Melius; tgt $225

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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