This report was sent to Briefing.com subscribers earlier today. https://briefing.com
Upgrades:
> Avid Bioservices (CDMO) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $20
> Eni S.p.A. (E) upgraded to Buy from Hold at HSBC Securities
> Intellia Therapeutics (NTLA) upgraded to Outperform from Market Perform at BMO Capital Markets; tgt raised to $57
> Match Group (MTCH) upgraded to Overweight from Equal Weight at Barclays; tgt $52
> MPLX LP (MPLX) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $41
> TrueCar (TRUE) upgraded to Buy from Hold at Needham; tgt $3.50
> Vermilion Energy (VET) upgraded to Overweight from Neutral at JP Morgan
Downgrades:
> Crestwood Equity Partners (CEQP) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $28
> Lufax (LU) downgraded to Underperform from Neutral at Macquarie; tgt $1.50
> Ovintiv (OVV) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $53
Others:
> Academy Sports + Outdoors (ASO) initiated with a Buy at Jefferies; tgt $73
> Arcellx (ACLX) initiated with a Buy at Stifel; tgt $43
> Cipher Mining (CIFR) initiated with a Buy at Cantor Fitzgerald; tgt $3
> Community Bank (CBU) initiated with a Buy at Janney; tgt $66
> Estee Lauder (EL) initiated with an Outperform at TD Cowen; tgt $28
> LSB Industries (LXU) initiated with a Buy at Deutsche Bank; tgt $16