Investing
Opening Bell Analysts Research Calls for Thursday, December 15
Published:
This report was sent to Briefing.com subscribers earlier today.
Research calls posted earlier this morning are available here.
Upgrades:
> Freddie Mac (FMCC) upgraded to Mkt Perform from Underperform at Keefe Bruyette; tgt $1
> Intercorp Financial (IFS) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt raised to $32
> Pernod-Ricard (PDRDY) upgraded to Outperform from Neutral at Credit Suisse
> PPL Corp (PPL) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt $32
> VeriSign (VRSN) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $265
> Wyndham Hotels & Resorts (WH) upgraded to Overweight from Equal Weight at Barclays; tgt raised to $88
Downgrades:
> Baxter (BAX) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $51
> Birchcliff Energy (BIREF) resumed with a Buy at Canaccord Genuity
> Blackstone Mortgage Trust (BXMT) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $26
> Braskem SA (BAK) downgraded to Neutral from Buy at UBS
> Claros Mortgage Trust (CMTG) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt $16
> Crew Energy (CWEGF) resumed with a Buy at Canaccord Genuity
> Delta Air Lines (DAL) downgraded to In-line from Outperform at Evercore ISI; tgt lowered to $40
> EOG Resources (EOG) downgraded to Hold from Buy at TD Securities
> Granite Point Mortgage (GPMT) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt $6
> Peyto Exploration (PEYUF) resumed with a Hold at Canaccord Genuity
> Ready Capital (RC) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $13
> Snap (SNAP) downgraded to Hold from Buy at Jefferies; tgt lowered to $10
> Sociedad Quimica y Minera (SQM) downgraded to Neutral from Buy at Citigroup; tgt lowered to $92
> TELUS International (TIXT) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $24
> TotalEnergies SE (TTE) downgraded to Neutral from Outperform at Exane BNP Paribas
> Tricon Residential (TCN) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $12.20
> Triumph Financial (TFIN) downgraded to Underweight from Equal Weight at Wells Fargo; tgt lowered to $50
> UWM Holdings (UWMC) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt $3.50
> Western Digital (WDC) downgraded to Sell from Neutral at Goldman; tgt lowered to $31
Others:
> Albemarle (ALB) placed on 90-day Negative Catalyst Watch at Citigroup; tgt lowered to $295
> Atlassian (TEAM) initiated with an Equal Weight at Barclays; tgt $155
> Elastic (ESTC) initiated with a Neutral at Wedbush; tgt $67
> GitLab (GTLB) initiated with an Overweight at Barclays; tgt $65
> Hour Loop (HOUR) assumed with a Buy at EF Hutton; tgt $5
> Lucid Group (LCID) resumed with a Buy at BofA Securities; tgt $21
> NIO (NIO) named Catalyst Call Buy Idea at Deutsche Bank; tgt $21
> NVIDIA (NVDA) initiated with a Reduce at HSBC Securities; tgt $136
> Rent the Runway (RENT) initiated with a Peer Perform at Wolfe Research
> RingCentral (RNG) initiated with a Neutral at Wedbush; tgt $40
> Ryan Specialty Group (RYAN) initiated with a Neutral at Citigroup; tgt $42
> Sally Beauty (SBH) initiated with an Overweight at Piper Sandler; tgt $15
> SentinelOne (S) initiated with an Outperform at Wedbush; tgt $19
> Smartsheet (SMAR) initiated with an Equal Weight at Barclays; tgt $45
> Snowflake (SNOW) initiated with a Neutral at Wedbush; tgt $144
> Splunk (SPLK) initiated with a Neutral at Wedbush; tgt $86
> UDR (UDR) initiated with a Neutral at UBS; tgt $43
> Unity Bancorp (UNTY) initiated with a Buy at Janney; tgt $32
> Verve Therapeutics (VERV) initiated with a Sell at Goldman; tgt $13
> Wendy’s (WEN) initiated with a Hold at Jefferies; tgt $25
> Willis Towers Watson (WTW) initiated with a Neutral at Citigroup; tgt $247
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
