This report was sent to Briefing.com subscribers earlier today.
Upgrades:
- AT&T (T) upgraded to Buy from Hold at Truist; tgt $21
- GFL Environmental (GFL) upgraded to Buy from Neutral at BofA Securities; tgt lowered to $32.50.
- Juniper Networks (JNPR) upgraded to Strong Buy from Outperform at Raymond James; tgt raised to $37
- Moderna (MRNA) upgraded to Mkt Perform from Underperform at SVB Leerink; tgt lowered to $101
- SAP SE (SAP) upgraded to Overweight from Neutral at JP Morgan
Downgrades:
- CVB Financial (CVBF) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt $32
- Equifax (EFX) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $158
- First Internet Bancorp (INBK) downgraded to Mkt Perform from Outperform at Keefe Bruyette; tgt lowered to $30
- Immunic (IMUX) downgraded to Mkt Perform from Outperform at SVB Leerink; tgt $5
- Ovintiv (OVV) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $57
- Robert Half (RHI) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $76
- Snap (SNAP) downgraded to Mkt Perform from Outperform at Bernstein; tgt lowered to $9
- Snap (SNAP) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $11
- Snap (SNAP) downgraded to Neutral from Buy at MKM Partners; tgt lowered to $10
- SVB Financial Group (SIVB) downgraded to Neutral from Buy at Janney
- SVB Financial Group (SIVB) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $265
- Under Armour (UAA) downgraded to Market Perform from Outperform at Telsey Advisory Group; tgt lowered to $8
- Zymeworks (ZYME) downgraded to Mkt Perform from Outperform at SVB Leerink; tgt $8
Others:
- CCC Intelligent Solutions (CCCS) initiated with an Equal Weight at Barclays; tgt $10
- Cerberus Cyber Sentinel (CISO) initiated with an Overweight at Cantor Fitzgerald; tgt $5
- Ormat Tech (ORA) initiated with a Neutral at Citigroup; tgt $91
- Pacira BioSciences (PCRX) assumed with a Buy at Jefferies; tgt $66
- Palo Alto Networks (PANW) initiated with an Overweight at Cantor Fitzgerald; tgt $220
- Phathom Pharmaceuticals (PHAT) initiated with a Buy at Jefferies; tgt $16
- Revolution Medicines (RVMD) initiated with an Outperform at Oppenheimer; tgt $30
- RVL Pharmaceuticals (RVLP) assumed with a Hold at Jefferies; tgt $2.50
- scPharmaceuticals (SCPH) assumed with a Buy at Jefferies; tgt $14
- Sol-Gel (SLGL) assumed with a Hold at Jefferies; tgt $5.50
- Tenable (TENB) resumed with a Hold at Berenberg; tgt $32
- Teva Pharma (TEVA) assumed with a Buy at Jefferies; tgt $10
- Univar Solutions (UNVR) initiated with an Outperform at Credit Suisse; tgt $31
- Viatris (VTRS) assumed with a Hold at Jefferies; tgt $11
- Xeris Biopharma (XERS) initiated with a Buy at Jefferies; tgt $4
- Zscaler (ZS) initiated with a Neutral at Cantor Fitzgerald; tgt $160
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