Analyst Upgrades and Downgrades For the Week of October 28th

October 28th

Upgrades

• AAON (AAON): Robert W. Baird from Neutral to Outperform; PT from $114 to $130
• Ameris Bancorp (ABCB): Raymond James from Market Perform to Outperform; PT $67
• Alaska Air (ALK): Melius from Hold to Buy; PT $56
• Aon (AON): Wells Fargo from Underweight to Equal Weight; PT from $315 to $377
• Community Financial System (CBU): Raymond James from Market Perform to Strong Buy; PT $67
• Dover (DOV): Wolfe Research from Peer Perform to Outperform; PT $227
• Federated Hermes (FHI): TD Cowen from Hold to Buy; PT from $35 to $46
• Kinsale Capital (KNSL): Wolfe Research from Peer Perform to Outperform; PT $535
• NIO (NIO): Macquarie from Neutral to Outperform; PT $6.60
• Nutanix (NTNX): Morgan Stanley from Equal-Weight to Overweight; PT from $71 to $72
• Telus (TU): Scotiabank from Sector Perform to Sector Outperform

Downgrades

• CDW (CDW): JP Morgan from Overweight to Neutral; PT from $260 to $235
• Ciena (CIEN): Morgan Stanley from Overweight to Equal-Weight; PT $63
• Colgate-Palmolive (CL): Stifel from Buy to Hold; PT from $105 to $101
• CNX Resources (CNX): Truist from Buy to Hold; PT from $38 to $34
• Frontier Communications Parent (FYBR): Raymond James from Strong Buy to Market Perform
• GlobalFoundries (GFS): Morgan Stanley from Overweight to Equal-Weight; PT from $53 to $43
• Honeywell (HON): Wolfe Research from Outperform to Peer Perform
• HomeTrust Bank (HTBI): Raymond James from Outperform to Market Perform
• Newmont Corporation (NEM): CIBC from Sector Outperform to Neutral
• NextEra Energy Partners (NEP): Guggenheim from Buy to Neutral; PT from $37 to $22
• TriNet Group (TNET): Needham from Buy to Hold
• United Micro (UMC): Morgan Stanley from Overweight to Equal-Weight
• WEX (WEX): Wolfe Research from Outperform to Peer Perform
• WSFS Financial (WSFS): Janney from Buy to Neutral
• Evolv Technologies Holdings (EVLV): Northland Capital from Outperform to Market Perform

Coverage Initiated

• Antero Resources (AR): BofA Securities; Buy; PT $36
• Bowlero (BOWL): Piper Sandler; Neutral; PT $12
• Core Scientific (CORZ): Jefferies; Buy; PT $19
• Comstock (CRK): BofA Securities; Buy; PT $14
• Ceragon (CRNT): ROTH MKM; Buy; PT $4.50
• FrontView REIT (FVR): BofA Securities; Buy; PT $22 (various ratings from different firms)
• Navigator Holdings (NVGS): Alliance Global Partners; Buy; PT $24
• StandardAero (SARO): Multiple ratings including Buy, Outperform, and Neutral from various firms with PTs ranging from $33 to $39
• Serve Robotics (SERV): Ladenburg Thalmann; Buy; PT $16
• Coinbase Global (COIN): Monness Crespi & Hardt; Buy; PT $245
• Crescent Energy Company (CRGY): Pickering Energy Partners; Outperform
• Micron (MU): China Renaissance; Buy; PT $148