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

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By Paul Ausick Published
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Opening Bell Analyst Calls Briefing for Friday, October 28, 2022

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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.

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About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.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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