This report was sent to Briefing.com subscribers earlier today.
Research calls posted earlier this morning are available here.
Upgrades:
> China Petroleum (Sinopec) (SNP) upgraded to Hold from Reduce at HSBC Securities
> HelloFresh SE (HLFFF) upgraded to Overweight from Underweight at JP Morgan
> Nuvei Corporation (NVEI) upgraded to Outperform from Neutral at SMBC Nikko; tgt raised to $55
> PetroChina (PTR) upgraded to Buy from Hold at HSBC Securities
> Shift4 Payments (FOUR) upgraded to Outperform from Neutral at SMBC Nikko; tgt $85
Downgrades:
> Kunlun Energy (KLYCY) downgraded to Hold from Buy at HSBC Securities
Others:
> Capital Southwest Corp. (CSWC) initiated with a Neutral at UBS; tgt $19
> Flutter Entertainment (PDYPY) initiated with an Outperform at Credit Suisse
> Horizon Technology Finance (HRZN) initiated with a Buy at Ladenburg Thalmann; tgt $12.50
> Netflix (NFLX) assumed with a Neutral at Robert W. Baird; tgt $340
> Wix.com (WIX) initiated with a Neutral at Robert W. Baird; tgt $105
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