Opening Bell Analysts Research Calls for Thursday, March 2
This report was sent to Briefing.com subscribers earlier today.
Research calls posted earlier this morning are available here.
Upgrades:
> Bank of Marin (BMRC) upgraded to Buy from Neutral at Janney
> DT Midstream (DTM) upgraded to Buy from Neutral at Mizuho; tgt lowered to $59
> iQIYI (IQ) upgraded to Buy from Neutral at BofA Securities; tgt raised to $9
> Okta (OKTA) upgraded to Outperform from Market Perform at TD Cowen; tgt raised to $100
> Pinduoduo (PDD) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $113
> Weibo (WB) upgraded to Buy from Hold at Bocom International; tgt $25.60
Downgrades:
> Axon (AXON) downgraded to Neutral from Overweight at JP Morgan; tgt $224
> Baytex Energy Trust (BTE) downgraded to Mkt Perform from Outperform at Raymond James
> Capital One (COF) downgraded to Sell from Hold at Odeon; tgt $94.20
> Dollar Tree (DLTR) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $150
> HF Sinclair (DINO) downgraded to Market Perform from Outperform at TD Cowen; tgt lowered to $52
> Montrose Environmental Group (MEG) downgraded to Neutral from Overweight at JP Morgan; tgt $39
> Myers Industries (MYE) downgraded to Market Perform from Outperform at TD Cowen; tgt lowered to $23.75
> NIO (NIO) downgraded to Equal Weight from Overweight at Barclays; tgt lowered to $10
> NIO (NIO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $10
> Silvergate Capital (SI) downgraded to Hold from Buy at Canaccord Genuity; tgt lowered to $9
> Silvergate Capital (SI) downgraded to Underweight from Neutral at JP Morgan
> Xometry (XMTR) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $21
> Xometry (XMTR) downgraded to Sector Perform from Outperform at RBC Capital Mkts; tgt lowered to $21
Others:
> Blink Charging (BLNK) resumed with a Hold at Needham
> Carlyle Group (CG) initiated with an Overweight at Barclays; tgt $41
> Cheniere Energy (LNG) initiated with a Sector Outperform at Scotiabank
> Columbia Banking (COLB) initiated with a Hold at Truist; tgt $33
> Enphase Energy (ENPH) initiated with a Sector Outperform at Scotiabank
> Enterprise Products (EPD) initiated with a Sector Outperform at Scotiabank
> Generac (GNRC) initiated with a Sector Perform at Scotiabank; tgt $165
> Kinder Morgan (KMI) initiated with a Sector Perform at Scotiabank; tgt $20
> Kinetik (KNTK) initiated with a Sector Perform at Scotiabank; tgt $34
> KKR (KKR) initiated with an Overweight at Barclays; tgt $69
> Lennar (LEN) initiated with a Perform at Oppenheimer
> Norsk Hydro (NHYDY) initiated with an Outperform at Credit Suisse
> ONEOK (OKE) initiated with a Sector Perform at Scotiabank; tgt $74
> SolarEdge Technologies (SEDG) initiated with a Sector Perform at Scotiabank; tgt $345
> Sunnova Energy (NOVA) initiated with a Sector Outperform at Scotiabank; tgt $28
> SunPower (SPWR) initiated with a Sector Perform at Scotiabank; tgt $20
> Sunrun (RUN) initiated with a Sector Outperform at Scotiabank; tgt $40
> Targa Resources (TRGP) initiated with a Sector Outperform at Scotiabank; tgt $115
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