Stock Upgrades and Downgrades October 2022

Stock Upgrades and Downgrades

Stock Upgrades and Downgrades from Wall Street analysts for October 2022.

10-31-2022

Daiwa Securities Downgraded Honeywell (HON) from Outperform to Neutral and cut the price target from $206 to $194

Mizuho Securities reiterated Global Payments (GPN) at Hold Rating with a price target of $132.00.

Morgan Stanley Resumed ADT (ADT) at Equal-Weight and a price target of $8

CapitalOne Initiated ServiceNow (NOW) at Overweight and a price target of $516

Jefferies Initiated Dell (DELL) at Hold and a price target at $39

Jefferies Initiated NetApp (NTAP) at Buy and a price target of $88

Northland Capital Downgraded Advanced Micro (AMD) from Outperform to Market Perform and cut the price target from $80 to $60

Barclays Upgraded Gilead Sciences (GILD) from Underweight to Equal Weight and raised the price target from $60 to $76

UBS downgraded Caterpillar (CAT) to Neutral from Buy and raised the price target to $230 from $225

10-28-2022

JP Morgan Reiterated Gilead Sciences (GILD) at Overweight and raised the price target from $80 to $87

Citigroup Reiterated Intel (INTC) at Neutral and cut the price target from $30 to $27

Telsey Advisory Group Reiterated Peloton (PTON) at Market Perform and cut the price target from $11 to $9

JP Morgan Reiterated McDonald’s (MCD) at Overweight and raised the price target from $242 to $250

Evercore ISI Reiterated Intel (INTC) at In-line and cut the price target from $40 to $30

DA Davidson Reiterated Amazon (AMZN) at Buy and cut the price target from $151 to $114

KeyBanc Capital Markets Downgraded DigitalOcean (DOCN) from Overweight to Sector Weigh

Deutsche Bank Downgraded Caterpillar (CAT) from Buy to Hold and raised the price target from $196 to $221

DA Davidson Downgraded Paylocity (PCTY) from Buy to Neutral and a price target of $250

Edward Jones Downgraded Meta Platforms (META) from Buy to Hold

Truist Upgraded Gilead Sciences (GILD) from Hold to Buy and raised the price target from $76 to $91

Wolfe Research Upgraded First Solar (FSLR) from Peer Perform to Outperform and a price target of $170

Summit Insights Upgraded Intel (INTC) from Hold to Buy

Piper Sandler Upgraded Gilead Sciences (GILD) from Neutral to Overweight and raised the price target from $79 to $96

Barclays upgraded Intel (INTC) to Equal Weight from Underweight and a price target of $30

10-27-2022

JP Morgan Initiated Roivant Sciences (ROIV) at Overweight and a price target of $7

KeyBanc Capital Markets Downgraded Meta Platforms (META) from Overweight to Sector Weight

Raymond James Initiated Mercury (MRCY) at Outperform and a price target of $55

MoffettNathanson Upgraded ServiceNow (NOW) from Market Perform to Outperform and a price target of $549

Morgan Stanley downgraded Meta Platforms (META) to Equal Weight from Overweight and cut the price target from $205 to $105

Credit Suisse reiterated Microsoft (MSFT) at outperform but cut the price target from $400 to $365

10-26-2022

DA Davidson Initiated Roblox (RBLX) at Buy and a price target at $55

JP Morgan Upgraded Pentair (PNR) from Underweight to Neutral and a price target of $42

Goldman Upgraded Biogen (BIIB) from Neutral to Buy and raised the price target from $220 to $370

Deutsche Bank Upgraded Humana (HUM) from Hold to Buy and raised the price target from $514 to $576

Wells Fargo Upgraded Halliburton (HAL) from Equal Weight to Overweight and a price target at $52

Morgan Stanley Upgraded Discover Financial Services (DFS) from Equal-Weight to Overweight and raised the price target from $104 to $116

Piper Sandler initiated Roblox (RBLX) at an Overweight rating and a price target of $54

10-25-2022

Jefferies Initiated FedEx (FDX) at Hold and a price target of $170

Jefferies Resumed Avis Budget (CAR) at Buy and cut the price target from $309 to $270

Piper Sandler Initiated Deckers Outdoor (DECK) at Overweight and a price target of $440

Wells Fargo Upgraded Weber (WEBR) from Underweight to Equal Weight and raised the price target from $4 to $6.25

Daiwa Securities Upgraded Netflix (NFLX) from Neutral to Outperform and raised the price target from $226 to $330

Jefferies Upgraded Waste Mgmt (WM) from Hold to Buy and raised the price target from $170 to $191

10-24-2022

Cantor Fitzgerald Initiated WeWork (WE) at Overweight and a price target at $8

Morgan Stanley cut Tesla’s (TSLA) price target from $350 to $330

MKM Partners Reiterated Amazon (AMZN) at Buy and cut the price target from $170 to $165.

BofA Securities Downgraded Meta Platforms (META) from Buy to Neutral and cut the price target from $196 to $150

HSBC Securities Initiated Qualcomm (QCOM) at Buy and a price target at $180

HSBC Securities Initiated Intel (INTC) at Reduce and a price target at $23

Citigroup Initiated Harley-Davidson (HOG) at Neutral and a price target of $40

Loop Capital Initiated Flywire (FLYW) at Buy and a price target at $25

HSBC Securities Initiated Advanced Micro (AMD) at Hold and a price target at $60

JP Morgan Upgraded Avis Budget (CAR) from Neutral to Overweight and raised the price target from $230 to $231

Raymond James Upgraded AT&T (T) from Outperform to Strong Buy and a price target at $24

Wells Fargo Downgraded FedEx (FDX) from Overweight to Equal Weight and cut the price target from $199 to $160

Goldman Sachs downgraded Ericsson (ERIC) to Neutral from Buy and cut the price target from $10.80 to $6.10

10-21-2022

Deutsche Bank Reiterated Snap (SNAP) at Hold and cut the price target from $14 to $9

Goldman Reiterated Snap (SNAP) at Neutral and cut the price target from $12 to $10

JP Morgan Reiterated Snap (SNAP) at Underweight and cut the price target from $10 to $8

KeyBanc Capital Markets Upgraded Oracle (ORCL) from Sector Weight to Overweight and a price target of $80

Jefferies Resumed Teva Pharma (TEVA) at Buy and a price target of $10

Cantor Fitzgerald Initiated Palo Alto Networks (PANW) at Overweight and a price target of $220

Truist Upgraded AT&T (T) from Hold to Buy and a price target of $21

Bernstein Downgraded Snap (SNAP) from Outperform to Market Perform and cut the price target from $15 to $9

MKM Partners Downgraded Snap (SNAP) from Buy to Neutral and cut the price target from $15 to $10

BofA Securities Downgraded Snap (SNAP) from Buy to Neutral and reduced the price target from $22 to $11

Goldman Initiated Workiva (WK) at Buy and a price target at $101

Goldman Initiated BlackLine (BL) at Sell and a price target of $57

RBC Capital Mkts Downgraded Equifax (EFX) from Outperform to Sector Perform and cut the price target from $195 to $158

SVB Leerink Upgraded Moderna (MRNA) from Underperform to Mkt Perform and cut the price target from $174 to $101

Raymond James Upgraded Juniper Networks (JNPR) from Outperform to Strong Buy and raised the price target from $36 to $37

10-20-2022

Credit Suisse Reiterated IBM (IBM) at Outperform and cut the price target from $158 to $155

BofA Securities Reiterated Tesla (TSLA) at Neutral and raised the price target from $315 to $325

Piper Sandler Initiated Spotify (SPOT) at Neutral and a price target at $87

JP Morgan Reiterated Lam Research (LRCX) at Overweight and cut the price target from $640 to $515

JP Morgan Reiterated Knight-Swift (KNX) at Underweight |and cut the price target from $54 to $52

RBC Capital Mkts Reiterated Tesla (TSLA) at Outperform and cut the price target from $340 to $325

Evercore ISI Reiterated IBM (IBM) at In-line and raised the price target from $125 to $135

Morgan Stanley Downgraded Ally Financial (ALLY) from Overweight to Equal-Weight and cut the price target from $40 to $28

Piper Sandler Upgraded Oracle (ORCL) from Underweight to Neutral and a price target of $70

Deutsche Bank Upgraded ASML (ASML) from Hold to Buy

Deutsche Bank Reduced Tesla $TSLA target price from $390 to $355

10-19-2022

Jefferies Downgraded Olaplex (OLPX) from Buy to Hold and cut the price target from $18 to $6

Evercore ISI Downgraded Olaplex (OLPX) from Outperform to In-line and cut the price target from $40 to $10

Robert W. Baird Resumed CyberArk (CYBR) at Outperform and a price target of $182

Morgan Stanley Downgraded Olaplex (OLPX) from Overweight to Equal-Weight and cut the price target from $13 to $6.50

Robert W. Baird Resumed CrowdStrike (CRWD) at Outperform and a price target at $237

Robert W. Baird Resumed Palo Alto Networks (PANW) at Outperform and a price target at $220

MKM Partners cut the Meta (META) stock price target from $240 to $195

JP Morgan Downgraded Olaplex (OLPX) from Overweight to Underweight and cut the price target from $16 to $8

Robert W. Baird Resumed Cloudflare (NET) at Outperform and a price target at $80

Jefferies Initiated Plug Power (PLUG) at Buy and price target of $28

Credit Suisse Initiated Charles Schwab (SCHW) at Outperform and a price target of $80

Jefferies Initiated Bloom Energy (BE) at Buy and a price target at $29

Jefferies Initiated Baker Hughes (BKR) at Buy and a price target at $35

JP Morgan Upgraded Natura &Co (NTCO) from Neutral to Overweight and raised the price target from $7 to $8

Morgan Stanley Upgraded Continental Resources (CLR) from Underweight to Equal-Weight and raised the price target from $67 to $74

JP Morgan Upgraded Netflix (NFLX) from Neutral to Overweight and raised the price target from $240 to $330

Deutsche Bank Upgraded Netflix (NFLX) from Hold to Buy and raised the price target from $270 to $350

10-18-2022

Barclays Initiated Stryker (SYK) at Overweight and a price target at $239

Morgan Stanley Initiated The Trade Desk (TTD) at Equal-Weight and a price target at $60

Barclays Initiated Baxter (BAX) at Overweight and a price target at $64

Exane BNP Paribas Downgraded Global Payments (GPN) from Outperform to Neutral and a price target at $115

Jefferies Upgraded Target (TGT) from Hold to Buy and raised the price target from $170 to $185

Piper Sandler Upgraded Juniper Networks (JNPR) from Underweight to Neutral and raised the price target from $27 to $29

10-17-2022

Northland Capital Initiated Salesforce (CRM) at Market Perform and a price target at $150

Morgan Stanley Reiterated Apple (AAPL) at Overweight and cut the price target from $180 to $177

Wells Fargo Upgraded Cloudflare (NET) from Equal Weight to Overweight and raised the price target from $62 to $65

Morgan Stanley Upgraded Clorox (CLX) from Underweight to Equal-Weight and a price target at $130

10-14-2022

Deutsche Bank Reiterated Coca-Cola (KO) at Hold and cut the price target from $65 to $59

Morgan Stanley Reiterated Microsoft (MSFT) at Overweight and cut the price target from $354 to $325

Wells Fargo Reiterated Tesla (TSLA) at Equal Weight and cut the price target from $280 to $230

Stephens Resumed Teleflex (TFX) at Overweight and a price target at $305

Loop Capital Initiated Micron (MU) at Buy and a price target at $70

Cowen Upgraded Delta Air Lines (DAL) from Market Perform to Outperform and a price target at $54

10-13-2022

Cowen Reiterated Meta Platforms (META) at Outperform and cut the price target from $250 to $205

Raymond James Initiated NIKE (NKE) at Outperform and a price target at $99

Goldman Initiated Air Products (APD) at Buy and a price target at $295

Goldman Initiated Tronox (TROX) at Buy and a price target at $16

Credit Suisse Reiterated Apple (AAPL) at Outperform and cut the price target from $201 to $190

Citigroup Upgraded Comcast (CMCSA) from Neutral to Buy and cut the price target from $42 to $36

Stifel Upgraded Biogen (BIIB) from Hold to Buy and raised the price target from $223 to $299

10-12-2022

Citigroup Initiated Tradeweb Markets (TW) ar Buy and a price target at $67

Credit Suisse Reiterated IBM (IBM) at Outperform and cut the price target from $163 to $158

Redburn Initiated DraftKings (DKNG) at Neutral and a price target at $19

Jefferies Initiated Boston Scientific (BSX) at Buy and a price target at $50

Gordon Haskett Upgraded Lyft (LYFT) from Hold to Buy and a price target at $24

Wedbush Upgraded DocuSign (DOCU) from Underperform to Neutral and a price target at $55

10-11-2022

Wolfe Research Initiated Boeing (BA) at Outperform and a price target at $180

Morgan Stanley Upgraded Amgen (AMGN) from Equal-Weight to Overweight and raised the price target from $257 to $279

10-10-2022

Mizuho Upgraded Toast (TOST) from Neutral to Buy and raised the price target from $22 to $24

Canaccord Genuity Resumed DigitalOcean (DOCN) at Buy and a price target at $49

Barclays Initiated Grab (GRAB) at Equal Weight and a price target at $3

Goldman Initiated Etsy (ETSY) at Buy and a price target at $130

Morgan Stanley Initiated Corebridge Financial (CRBG) at Equal-Weight and a price target at $25

Exane BNP Paribas Upgraded Kroger (KR) from Neutral to Outperform and a Price target at $51

10-7-2022

RBC Capital Mkts Downgraded Lyft (LYFT) from Outperform to Sector Perform and cut the price target from $30 to $16

SMBC Nikko Initiated CrowdStrike (CRWD) at Outperform and a price target at $240

UBS Initiated Alcoa (AA) at Neutral and a price target at $43

10-6-2022

Goldman Upgraded Pinterest (PINS) from Neutral to Buy and raised the price target from $24 to $31

JP Morgan Upgraded Credit Suisse (CS) from Underweight to Neutral

10-5-2022

BofA Securities Reiterated Hasbro (HAS) at Buy and cut the price target from $91 to $83

Bernstein Initiated Airbnb (ABNB) at Outperform and a price target at $143

Morgan Stanley Upgraded Ford Motor (F) from Equal-Weight to Overweight

10-4-2022

Guggenheim Resumed Etsy (ETSY) at Buy and a price target at $105

SVB Leerink Upgraded Illumina (ILMN) from Mkt Perform to Outperform and raised the price target from $220 to $270

JP Morgan Upgraded Gilead Sciences (GILD) from Neutral to Overweight and raised the price target from $72 to $80

UBS Upgraded Domino’s Pizza (DPZ) from Neutral to Buy and cut the price target from $430 to $385

10-3-2022

JP Morgan Raises Tesla Inc: (TSLA) Target Price To $153 From $137

9-30-2022

Mizuho Reiterated Micron (MU) at Neutral and cut the price target from $56 to $52

Guggenheim Reiterated NIKE (NKE) at Buy and cut the price target from $155 to $135

9-29-2022

BofA Securities Downgraded Apple (AAPL) from Buy to Neutral and cut the price target from $185 to $160

Oppenheimer Upgraded Wix.com (WIX) from Perform to Outperform and set the price target at $110

Rosenblatt Upgraded Apple (AAPL) from Neutral to Buy and raised the Apple price target from $160 to $189.

9-28-2022

Robert W. Baird Upgraded Biogen (BIIB) from Neutral to Outperform and raised the price target from $224 to $340

Cleveland Research downgraded Salesforce (CRM) from Buy to Neutral

BMO Capital Markets Upgraded Biogen (BIIB) from Market Perform to Outperform and raised the price target from $217 to $360

9-27-2022

Piper Sandler Reiterated Snap (SNAP) stocks at Neutral and raised the price target from $11 to $12

Deutsche Bank Reiterated PepsiCo (PEP) at Hold and raised the price target from $179 to $181

9-26-2022

Jefferies Upgraded Wynn Resorts (WYNN) from Hold to Buy

JP Morgan Downgraded BP (BP) from Overweight to Neutral

Telsey Advisory Group Reiterated NIKE (NKE) at Outperform and cut the price target from $130 to $125

Susquehanna Reiterated Micron (MU) at Positive and cut the price target from $68 to $60

SMBC Nikko Downgraded Paymentus (PAY) from Outperform to Neutral

BMO Capital Markets Upgraded Domino’s Pizza (DPZ) from Market Perform to Outperform and a price target at $430

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