Investing

Morning Analyst Calls Briefing for Friday, October 21, 2022

24/7 Wall St. Staff

Published: October 21, 2022 7:48 am

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

Upgrades:

• Farmers and Merchants (FMAO) upgraded to Neutral from Underweight at Piper Sandler; tgt $27
• HealthEquity (HQY) upgraded to Neutral from Sell at Goldman; tgt raised to $77
• Qualys (QLYS) upgraded to Buy from Hold at Berenberg; tgt $168
• Qualys (QLYS) upgraded to Buy from Hold at Needham; tgt $185

Downgrades:

• Cognizant Tech (CTSH) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $68
• Hain Celestial (HAIN) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $17
• Rapid7 (RPD) downgraded to Hold from Buy at Berenberg; tgt $44
• Rapid7 (RPD) downgraded to Hold from Buy at Needham

Others:

• Air Transport Services Group (ATSG) initiated with a Hold at Truist; tgt $26
• Amphastar Pharmaceuticals (AMPH) assumed with a Buy at Jefferies; tgt $36
• Axalta Coating Systems (AXTA) initiated with an Underperform at Credit Suisse; tgt $20
• Axonics Modulation (AXNX) initiated with an Outperform at RBC Capital Mkts; tgt $85
• BlackLine (BL) initiated with a Sell at Goldman; tgt $57
• E2open (ETWO) initiated with a Neutral at Goldman; tgt $5.50
• NextGen Healthcare (NXGN) assumed with a Neutral at Piper Sandler; tgt $20
• OptiNose (OPTN) assumed with a Buy at Jefferies; tgt $5
• Vertex (VERX) initiated with a Buy at Goldman; tgt $20
• Workiva (WK) initiated with a Buy at Goldman; tgt $101
• Zuora (ZUO) initiated with a Neutral at Goldman; tgt $9