Investing

Opening Bell Analyst Calls Briefing for Friday, October 28, 2022

Mario Tama / Getty Images News via Getty Images

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

Upgrades:

> Amplify Energy (AMPY) upgraded to Buy from Neutral at ROTH Capital; tgt $12

> Customers Bancorp (CUBI) upgraded to Buy from Neutral at DA Davidson; tgt raised to $44

> Royal KPN (KKPNY) upgraded to Outperform from Neutral at Exane BNP Paribas

Downgrades:

> DigitalOcean (DOCN) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets

> Globe Life (GL) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $114

> Kearny Financial (KRNY) downgraded to Neutral from Buy at Compass Point; tgt lowered to $11

> Norsk Hydro (NHYDY) downgraded to Underweight from Neutral at JP Morgan

> ResMed (RMD) downgraded to Neutral from Buy at Citigroup

> Teck Resources (TECK) downgraded to Neutral from Buy at Citigroup

> XPeng (XPEV) downgraded to Sell from Buy at Citigroup; tgt $3.18

Others:

> Alithya (ALYA) initiated with a Sector Perform at National Bank Financial

> AST SpaceMobile (ASTS) initiated with a Buy at B. Riley Securities; tgt $15

> Cresco Labs (CRLBF) assumed with a Buy at BTIG Research

> Curaleaf (CURLF) assumed with a Buy at BTIG Research

> Green Thumb (GTBIF) assumed with a Buy at BTIG Research

> Mirati Therapeutics (MRTX) initiated with a Neutral at B. Riley Securities; tgt $72

Research calls posted earlier this morning are available here and here.

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.