Opening Bell Analysts Research Calls for Wednesday, March 15

Investing

24/7 Wall St. Staff

Published: March 15, 2023 9:27 am

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

Research calls posted earlier this morning are available here.

Upgrades:

> Baker Hughes (BKR) upgraded to Overweight from Neutral at JP Morgan; tgt $32

> Bank OZK (OZK) upgraded to Buy from Neutral at UBS; tgt lowered to $47

> Comerica (CMA) initiated with a Buy at UBS; tgt $68

> Deutsche Lufthansa AG (DLAKY) upgraded to Buy from Neutral at UBS

> Discover Financial Services (DFS) upgraded to Neutral from Underperform at BofA Securities; tgt $107

> ExlService (EXLS) upgraded to Neutral from Sell at Citigroup; tgt $160

> Hamilton Lane (HLNE) upgraded to Overweight from Neutral at JP Morgan; tgt $85

> Harley-Davidson (HOG) upgraded to Hold from Underperform at Jefferies; tgt $39

> Jack Henry (JKHY) upgraded to Buy from Neutral at UBS; tgt $184

> New York Community (NYCB) upgraded to Buy from Neutral at UBS; tgt lowered to $10

> United Micro (UMC) upgraded to Buy from Outperform at Daiwa Securities

> Univ Elec (UEIC) upgraded to Buy from Neutral at Sidoti; tgt $16

> Varonis Systems (VRNS) upgraded to Equal Weight from Underweight at Wells Fargo; tgt $26

Downgrades:

> Decibel Therapeutics (DBTX) downgraded to Market Perform from Outperform at SVB Securities; tgt lowered to $2

> Luna Innovations (LUNA) downgraded to Market Perform from Outperform at Northland Capital; tgt $8

> Norfolk Southern (NSC) downgraded to Hold from Buy at Argus

> Popular (BPOP) downgraded to Neutral from Buy at UBS; tgt lowered to $57

> Steel Dynamics (STLD) downgraded to Neutral from Buy at Citigroup

Others:

> Amplitude (AMPL) initiated with a Neutral at DA Davidson; tgt $13

> Assoc Banc-Corp (ASB) initiated with a Neutral at UBS; tgt $22

> BankUnited (BKU) initiated with a Neutral at UBS; tgt $25

> Cadence Bank (CADE) initiated with a Sell at UBS; tgt $21

> Columbia Banking (COLB) initiated with a Neutral at UBS; tgt $23

> Cullen/Frost (CFR) initiated with a Sell at UBS; tgt $107

> East West Banc (EWBC) initiated with a Neutral at UBS; tgt $63

> First Citizens BancShares (FCNCA) initiated with a Sell at UBS; tgt $538

> First Interstate Bancsystem (FIBK) initiated with a Neutral at UBS; tgt $33

> Old National Bancorp (ONB) initiated with a Neutral at UBS; tgt $16

> South State (SSB) initiated with a Neutral at UBS; tgt $79

> Synovus (SNV) initiated with a Neutral at UBS; tgt $33

> Texas Capital (TCBI) initiated with a Sell at UBS; tgt $51

> Vitesse (VTS) initiated with a Buy at Jefferies; tgt $23

> Webster Financial (WBS) initiated with a Buy at UBS; tgt $56

> Western Alliance Bancorp (WAL) initiated with a Buy at UBS; tgt $85″

> Clarivate (CLVT) resumed with a Neutral at BofA Securities

> Enfusion (ENFN) initiated with a Neutral at JP Morgan; tgt $12

> SS&C Techs (SSNC) initiated with an Overweight at JP Morgan; tgt $68

Take Charge of Your Retirement In Just A Few Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.

Here’s how it works:

Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!