This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Ambarella (AMBA) upgraded to Outperform from In-line at Imperial Capital; tgt $95
> Canadian Nat’l Rail (CNI) upgraded to Outperform from Sector Perform at RBC Capital Mkts
> Columbia Banking (COLB) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt lowered to $29
> Columbia Banking (COLB) upgraded to Strong Buy from Outperform at Raymond James; tgt lowered to $28
> Comerica (CMA) upgraded to Strong Buy from Outperform at Raymond James; tgt lowered to $57
> FedEx (FDX) upgraded to Outperform from Mkt Perform at Raymond James; tgt $285
> Ferrari (RACE) upgraded to Neutral from Sell at Goldman; tgt raised to $283
> Fifth Third (FITB) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt lowered to $34
> Fluence (FLNC) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $25
> Hercules Capital (HTGC) upgraded to Overweight from Neutral at Piper Sandler; tgt $16
> Huntington Banc (HBAN) upgraded to Mkt Perform from Underperform at Keefe Bruyette; tgt lowered to $13
> Leslie’s (LESL) upgraded to Buy from Hold at Loop Capital; tgt $16
> Pool (POOL) upgraded to Buy from Hold at Loop Capital; tgt raised to $415
> Popular (BPOP) upgraded to Outperform from Mkt Perform at Keefe Bruyette; tgt $74
> Pure Storage (PSTG) upgraded to Outperform from Neutral at Wedbush; tgt $34
> Wells Fargo (WFC) upgraded to Strong Buy from Outperform at Raymond James; tgt lowered to $47
> Welltower (WELL) upgraded to Buy from Neutral at Citigroup; tgt raised to $81
Downgrades:
> Applied Materials (AMAT) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $133
> Atlantic Union Bankshares (AUB) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $36
> Comerica (CMA) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $44
> Healthpeak (PEAK) downgraded to Neutral from Buy at Citigroup; tgt $23
> KLA Corporation (KLAC) downgraded to Neutral from Outperform at Exane BNP Paribas; tgt $435
> Lumentum (LITE) downgraded to Neutral from Buy at Rosenblatt; tgt lowered to $48
> MercadoLibre (MELI) downgraded to Neutral from Buy at New Street; tgt $1350
> Mosaic (MOS) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $46
> PNC (PNC) downgraded to Underperform from Mkt Perform at Keefe Bruyette; tgt lowered to $125
> Renasant (RNST) downgraded to Mkt Perform from Outperform at Raymond James
> Stem (STEM) downgraded to Peer Perform from Outperform at Wolfe Research
> Super Micro Computer (SMCI) downgraded to Underperform from Neutral at Wedbush; tgt $65
> Triumph Financial (TFIN) downgraded to Mkt Perform from Outperform at Raymond James
> Trustmark (TRMK) downgraded to Mkt Perform from Outperform at Raymond James
Others:
> Am Natl Bankshares (AMNB) resumed with a Mkt Perform at Raymond James
> Bioceres (BIOX) initiated with an Outperform at Oppenheimer; tgt $15
> Carter Bank & Trust (CARE) resumed with a Mkt Perform at Raymond James
> Ciena (CIEN) initiated with a Buy at WestPark Capital; tgt $70
> Corteva (CTVA) initiated with a Perform at Oppenheimer
> Datadog (DDOG) initiated with a Neutral at DA Davidson; tgt $70
> Iris Energy (IREN) initiated with a Buy at B. Riley Securities; tgt $4
> Janux Therapeutics (JANX) initiated with an Outperform at Wedbush; tgt $24
> Limoneira (LMNR) initiated with a Buy at B. Riley Securities; tgt $24
> Marqeta (MQ) initiated with a Buy at Deutsche Bank; tgt $7
> New Relic (NEWR) initiated with a Buy at DA Davidson; tgt $100
> Pinterest (PINS) initiated with an Outperform at Raymond James; tgt $33
> Qorvo (QRVO) initiated with a Hold at Stifel; tgt $110
> ServisFirst Bancshares (SFBS) resumed with a Mkt Perform at Raymond James
> Skyworks (SWKS) initiated with a Buy at Stifel; tgt $150
> Textron (TXT) initiated with a Peer Perform at Wolfe Research
> Toast (TOST) initiated with a Hold at Deutsche Bank; tgt $20
> XPO, Inc. (XPO) initiated with an Outperform at BMO Capital Markets; tgt $44
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
