This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Red Electrica (RDEIY) upgraded to Hold from Sell at Berenberg
Downgrades:
> Abiomed (ABMD) downgraded to Hold from Buy at Deutsche Bank; tgt raised to $388
> Bally’s Corporation (BALY) downgraded to Hold from Buy at Stifel; tgt lowered to $25
> British American Tobacco (BTI) downgraded to Neutral from Buy at Goldman
> Cleveland-Cliffs (CLF) downgraded to Underperform from Peer Perform at Wolfe Research; tgt $12
> Ecolab (ECL) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $135
> NASDAQ (NDAQ) downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $57
> Semler Scientific (SMLR) downgraded to Neutral from Buy at B. Riley Securities; tgt lowered to $45
> Universal Logistics (ULH) downgraded to Hold from Buy at Stifel; tgt $36
Others:
> Aeva (AEVA) initiated with a Hold at WestPark Capital; tgt $3
> AEye (LIDR) initiated with a Hold at WestPark Capital; tgt $1
> Canopy Growth (CGC) initiated with an Underperform at Bernstein; tgt $1.50
> Check Point Software (CHKP) initiated with a Neutral at Macquarie; tgt $129
> Cloudflare (NET) initiated with a Neutral at Macquarie; tgt $60
> CrowdStrike (CRWD) initiated with an Outperform at Macquarie; tgt $220
> Datadog (DDOG) initiated with a Neutral at Macquarie; tgt $85
> Dynatrace (DT) initiated with a Neutral at Macquarie; tgt $38
> HubSpot (HUBS) initiated with an Outperform at Macquarie; tgt $355
> Innoviz Technologies (INVZ) initiated with a Buy at WestPark Capital; tgt $12
> Legend Biotech (LEGN) initiated with an Outperform at Evercore ISI
> Lineage Cell Therapeutics (LCTX) initiated with an Outperform at Robert W. Baird; tgt $5
> Luminar Technologies (LAZR) initiated with a Buy at WestPark Capital; tgt $14
> Microsoft (MSFT) initiated with a Neutral at Macquarie; tgt $234
> nCino (NCNO) assumed with an Outperform at Macquarie; tgt $42
> Okta (OKTA) initiated with a Neutral at Macquarie; tgt $60
> Ouster (OUST) initiated with a Buy at WestPark Capital; tgt $4
> Palo Alto Networks (PANW) initiated with a Neutral at Macquarie; tgt $185
> Salesforce (CRM) assumed with an Outperform at Macquarie; tgt $210
> ServiceNow (NOW) assumed with an Outperform at Macquarie; tgt $500
> Snowflake (SNOW) initiated with a Neutral at Macquarie; tgt $173
> Sorrento Therapeutics (SRNE) initiated with an Overweight at Cantor Fitzgerald; tgt $5
> Velodyne Lidar (VLDR) initiated with an Underperform at WestPark Capital
> Workday (WDAY) initiated with a Neutral at Macquarie; tgt $170
> Zscaler (ZS) initiated with a Neutral at Macquarie; tgt $155
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.
