This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Intel (INTC) upgraded to Buy from Hold at Summit Insights
> Intel (INTC) upgraded to Equal Weight from Underweight at Barclays; tgt $30
> Intel (INTC) upgraded to Neutral from Underperform at KGI Securities; tgt $28
> MYR Group (MYRG) upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $95
> MYR Group (MYRG) upgraded to Overweight from Sector Weight at KeyBanc Capital Markets; tgt $99
Downgrades:
> Associated British Foods (ASBFY) downgraded to Hold from Buy at HSBC Securities
> Banco Santander Brasil (BSBR) downgraded to Sell from Neutral at Goldman
> Dana Inc (DAN) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt raised to $16
> H&M (HNNMY) downgraded to Reduce from Hold at HSBC Securities
> Marks and Spencer (MAKSY) downgraded to Hold from Buy at HSBC Securities
> Meta Platforms (META) downgraded to Hold from Buy at Edward Jones
> O’Reilly Auto (ORLY) downgraded to Buy from Conviction Buy at Goldman; tgt raised to $841
> Paylocity (PCTY) downgraded to Neutral from Buy at DA Davidson; tgt $250
> Stanley Black & Decker (SWK) downgraded to Neutral from Outperform at Robert W. Baird; tgt lowered to $80
> Teck Resources (TECK) downgraded to Market Perform from Outperform at BMO Capital Markets
> Travel + Leisure Co (TNL) downgraded to Underperform from Outperform at Credit Suisse; tgt lowered to $31
> United Fire Group (UFCS) downgraded to Neutral from Overweight at Piper Sandler; tgt lowered to $31
Others:
> Physicians Realty Trust (DOC) initiated with a Neutral at JP Morgan; tgt $17
Research calls posted earlier this morning are available here.
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