Opening Bell Analysts Research Calls for Thursday, January 12

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

Research calls posted earlier this morning are available here.  

Upgrades:

> Aecom Tech (ACM) upgraded to Outperform from Neutral at Credit Suisse; tgt $98

> American Tower (AMT) upgraded to Buy from Hold at Deutsche Bank; tgt $254

> Cinemark (CNK) upgraded to Overweight from Neutral at JP Morgan; tgt $15

> Dentsply Sirona (XRAY) upgraded to Mkt Perform from Underperform at William Blair

> FactSet (FDS) upgraded to Outperform from Neutral at Credit Suisse; tgt raised to $500

> Halliburton (HAL) upgraded to Outperform from Underperform at Wolfe Research; tgt $51

> Hess (HES) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $181

> JAKKS Pacific (JAKK) upgraded to Buy from Hold at Jefferies; tgt raised to $23

> KE Holdings (BEKE) upgraded to Overweight from Neutral at JP Morgan; tgt raised to $21

> Oak Street Health (OSH) upgraded to Outperform from Mkt Perform at Raymond James; tgt $35

> Rio Tinto (RIO) upgraded to Buy from Sell at Berenberg

> TotalEnergies SE (TTE) upgraded to Outperform from Peer Perform at Wolfe Research; tgt $72

> Tractor Supply (TSCO) upgraded to Outperform from Neutral at Exane BNP Paribas

> Wix.com (WIX) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $100

Downgrades:

> Anheuser-Busch InBev (BUD) downgraded to Sell from Neutral at UBS

> Bank First Corporation (BFC) downgraded to Neutral from Overweight at Piper Sandler

> Best Buy (BBY) downgraded to Neutral from Outperform at Exane BNP Paribas

> Clearwater Analytics (CWAN) downgraded to Perform from Outperform at Oppenheimer

> CNH Industrial (CNHI) downgraded to Neutral from Overweight at JP Morgan; tgt $17

> ConocoPhillips (COP) downgraded to Peer Perform from Outperform at Wolfe Research

> Crown Castle (CCI) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $152

> CS Disco (LAW) downgraded to Neutral from Buy at Citigroup; tgt lowered to $8

> DuPont (DD) downgraded to Sector Weight from Overweight at KeyBanc Capital Markets

> First Quantum Minerals (FQVLF) downgraded to Underweight from Equal Weight at Barclays

> Funko (FNKO) downgraded to Hold from Buy at Jefferies; tgt lowered to $13

> Hewlett Packard Enterprise (HPE) downgraded to In-line from Outperform at Evercore ISI; tgt $18

> Informatica (INFA) downgraded to Neutral from Buy at Citigroup; tgt lowered to $18

> Liberty Global (LBTYA) downgraded to Mkt Perform from Outperform at Bernstein; tgt $23

> Logitech Int’l SA (LOGI) downgraded to Neutral from Outperform at Wedbush; tgt lowered to $60

> Louisiana-Pacific (LPX) downgraded to Neutral from Buy at DA Davidson; tgt lowered to $63

> Oramed Pharmaceuticals (ORMP) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $3

> PACCAR (PCAR) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $105

> Pampa Energia S.A. (PAM) downgraded to Equal-Weight from Overweight at Morgan Stanley

> Roku (ROKU) downgraded to Underperform from Hold at Jefferies; tgt lowered to $30

> SentinelOne (S) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $16

> SentinelOne (S) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $16

> Shell plc (SHEL) downgraded to Peer Perform from Outperform at Wolfe Research

> Similarweb (SMWB) downgraded to Neutral from Buy at Citigroup; tgt lowered to $7

> SLB (SLB) downgraded to Peer Perform from Outperform at Wolfe Research

> Spotify (SPOT) downgraded to Hold from Buy at Jefferies; tgt lowered to $95

> Sprinklr (CXM) downgraded to Perform from Outperform at Oppenheimer

> Summit Hotel (INN) downgraded to Neutral from Outperform at Robert W. Baird; tgt $8

> Tenable (TENB) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $44

> Unity Software (U) downgraded to Underperform from Hold at Jefferies; tgt $19

> Virtu Financial (VIRT) downgraded to Neutral from Buy at Citigroup; tgt $22.50

> WalkMe Ltd. (WKME) downgraded to Neutral from Buy at Citigroup; tgt lowered to $11

> Zscaler (ZS) downgraded to Equal-Weight from Overweight at Morgan Stanley; tgt lowered to $120

Others:

> American Eagle (AEO) assumed with an Underweight at Morgan Stanley; tgt $12

> BeiGene (BGNE) initiated with a Buy at Daiwa Securities; tgt $308

> Booking Holdings (BKNG) added to Tactical Outperform List at Evercore ISI

> Braze (BRZE) initiated with a Buy at BTIG Research; tgt $34

> Caterpillar (CAT) added to Analyst Focus List at JP Morgan

> Illinois Tool (ITW) removed from Analyst Focus List at JP Morgan

> Kyndryl (KD) initiated with a Neutral at Susquehanna; tgt $14

> Lightspeed (LSPD) initiated with a Hold at Stifel

> Manulife Financial (MFC) initiated with a Neutral at Credit Suisse

> Netflix (NFLX) added to Tactical Outperform List at Evercore ISI

> Pinterest (PINS) added to Tactical Underperform List at Evercore ISI

> State Street (STT) resumed with a Neutral at BofA Securities; tgt $86

> Sun Life (SLF) initiated with an Outperform at Credit Suisse

> Viridian Therapeutics (VRDN) removed from Tactical Outperform list at Evercore ISI

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Source: Read Full Article