First Look Analyst Calls Briefing for Tuesday, November 1, 2022

Investing

24/7 Wall St. Staff

Published: November 1, 2022 7:07 am

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

Upgrades:

> Auto Trader (ATDRY) upgraded to Buy from Neutral at UBS

> Carvana (CVNA) upgraded to Neutral from Underweight at JP Morgan; tgt $20

> First Solar (FSLR) upgraded to Equal Weight from Underweight at Barclays; tgt raised to $162

> Gogo (GOGO) upgraded to Equal-Weight from Underweight at Morgan Stanley; tgt raised to $15

> LPL Financial (LPLA) upgraded to Outperform from Neutral at Credit Suisse; tgt $315

> Monster Beverage (MNST) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $106

> Norfolk Southern (NSC) upgraded to Sector Perform from Underperform at RBC Capital Mkts; tgt raised to $237

Downgrades:

> Altra Industrial Motion (AIMC) downgraded to Neutral from Outperform at Robert W. Baird; tgt $62

> Banco Santander Brasil (BSBR) downgraded to Underperform from Neutral at BofA Securities

> Centerspace (CSR) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $70

> Charles Schwab (SCHW) downgraded to Neutral from Outperform at Credit Suisse; tgt $84

> Clearwater Paper (CLW) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt $45

> Guardant Health (GH) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $50

> Instil Bio (TIL) downgraded to Market Perform from Outperform at Cowen

> Principal Fincl (PFG) downgraded to Equal Weight from Overweight at Barclays; tgt raised to $89

> RPT Realty (RPT) downgraded to Neutral from Outperform at Credit Suisse; tgt $10

> Stryker (SYK) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $220

> Union Pacific (UNP) downgraded to Underperform from Sector Perform at RBC Capital Mkts; tgt lowered to $187

> Varonis Systems (VRNS) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $20

> Varonis Systems (VRNS) downgraded to Underweight from Overweight at Wells Fargo; tgt lowered to $24

Others:

> Deckers Outdoor (DECK) resumed with a Buy at BofA Securities; tgt $425

> EDAP TMS SA (EDAP) initiated with a Buy at Jefferies; tgt $11

> Exelixis (EXEL) initiated with a Buy at EF Hutton; tgt $28

> Intellia Therapeutics (NTLA) initiated with a Buy at EF Hutton; tgt $130

> PDS Biotechnology (PDSB) initiated with a Buy at B. Riley Securities; tgt $10

> Regeneron Pharma (REGN) initiated with a Buy at EF Hutton; tgt $851

Cash Back Credit Cards Have Never Been This Good

Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.