Investing

First Look Analysts Research Calls for Friday, March 31

24/7 Wall St. Staff

Published: March 31, 2023 7:42 am

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

Upgrades:

> Advance Auto (AAP) upgraded to Equal Weight from Underweight at Barclays; tgt lowered to $129

> BlackBerry (BB) upgraded to Hold from Reduce at TD Securities; tgt $4

> Howmet Aerospace (HWM) upgraded to Buy from Hold at The Benchmark Company; tgt $49

> Pacific Biosciences (PACB) upgraded to Outperform from Market Perform at TD Cowen; tgt raised to $15

> Pearson Plc (PSO) upgraded to Outperform from Neutral at Exane BNP Paribas

> Restaurant Brands Int’l (QSR) upgraded to Outperform from Market Perform at TD Cowen; tgt raised to $75

> Zimmer Biomet (ZBH) upgraded to Hold from Underperform at Jefferies; tgt raised to $130

Downgrades:

> Avidity Biosciences (RNA) downgraded to In-line from Outperform at Evercore ISI; tgt $20

> Cintas (CTAS) downgraded to Hold from Buy at Jefferies; tgt lowered to $487

> JD.com (JD) downgraded to Hold from Buy at Loop Capital; tgt lowered to $49

Others:

> 10x Genomics (TXG) initiated with an Overweight at Stephens; tgt $65

> AmerisourceBergen (ABC) initiated with a Buy at Citigroup; tgt $185

> Amylyx Pharmaceuticals (AMLX) initiated with a Buy at Mizuho; tgt $52

> Cardinal Health (CAH) initiated with a Neutral at Citigroup; tgt $77

> DICE Therapeutics (DICE) initiated with a Buy at Needham; tgt $56

> Immatics N.V. (IMTX) initiated with a Buy at Mizuho; tgt $12

> Immunocore (IMCR) initiated with a Buy at Mizuho; tgt $70

> Immunovant Sciences (IMVT) initiated with an Overweight at Piper Sandler; tgt $28

> Jack In The Box (JACK) initiated with a Buy at Loop Capital; tgt $114

> McKesson (MCK) initiated with a Buy at Citigroup; tgt $420

> Vigil Neuroscience (VIGL) initiated with a Buy at Mizuho; tgt $15