Analyst Upgrades / Downgrades As Of Wednesday, Dec 16, 2020

UPGRADES

Anika Therapeutics  (ANIK)
Brokerage Firm:  Barrington Research |  Action:  Upgrade |  Ratings Change:  Mkt Perform » Outperform |  Price Tgt:  $43

Chipotle Mexican Grill  (CMG)
Brokerage Firm:  Stifel |  Action:  Upgrade |  Ratings Change:  Hold » Buy |  Price Tgt:  $1500

Cimarex  (XEC)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $46 » $48

Earthstone Energy  (ESTE)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $6

Evoqua Water  (AQUA)
Brokerage Firm:  Robert W. Baird |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $30 » $31

Exxon Mobil  (XOM)
Brokerage Firm:  Goldman |  Action:  Upgrade |  Ratings Change:  Neutral » Buy |  Price Tgt:  $42 » $52

Galera  (GRTX)
Brokerage Firm:  Credit Suisse |  Action:  Upgrade |  Ratings Change:  Neutral » Outperform |  Price Tgt:  $9 » $15

General Electric  (GE)
Brokerage Firm:  DZ Bank |  Action:  Upgrade |  Ratings Change:  Sell » Hold |  Price Tgt:  $11

Hain Celestial  (HAIN)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $43

HP  (HPQ)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $30

Marathon Oil  (MRO)
Brokerage Firm:  Wells Fargo |  Action:  Upgrade |  Ratings Change:  Equal Weight » Overweight |  Price Tgt:  $11

NetApp  (NTAP)
Brokerage Firm:  Morgan Stanley |  Action:  Upgrade |  Ratings Change:  Equal-Weight » Overweight |  Price Tgt:  $76

OncoCyte  (OCX)
Brokerage Firm:  Piper Sandler |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $2 » $4

Palo Alto Networks  (PANW)
Brokerage Firm:  RBC Capital Mkts |  Action:  Upgrade |  Ratings Change:  Sector Perform » Outperform |  Price Tgt:  $292 » $380

Sabre  (SABR)
Brokerage Firm:  Mizuho |  Action:  Upgrade |  Ratings Change:  Underperform » Neutral |  Price Tgt:  $5 » $11

Sociedad Quimica y Minera  (SQM)
Brokerage Firm:  BMO Capital Markets |  Action:  Upgrade |  Ratings Change:  Market Perform » Outperform |  Price Tgt:  $57

Twitter  (TWTR)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $65

Waters  (WAT)
Brokerage Firm:  Citigroup |  Action:  Upgrade |  Ratings Change:  Sell » Neutral |  Price Tgt:  $185 » $240

Zynga  (ZNGA)
Brokerage Firm:  JP Morgan |  Action:  Upgrade |  Ratings Change:  Neutral » Overweight |  Price Tgt:  $10 » $12

DOWNGRADES

Aptiv  (APTV)
Brokerage Firm:  KeyBanc Capital Markets |  Action:  Downgrade |  Ratings Change:  Overweight » Sector Weight |  Price Tgt:  

Axon  (AAXN)
Brokerage Firm:  JMP Securities |  Action:  Downgrade |  Ratings Change:  Mkt Outperform » Mkt Perform |  Price Tgt:  

Berry Petroleum  (BRY)
Brokerage Firm:  Wells Fargo |  Action:  Downgrade |  Ratings Change:  Equal Weight » Underweight |  Price Tgt:  $5

Charles River  (CRL)
Brokerage Firm:  Citigroup |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $270 » $250

Electronic Arts  (EA)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $155

Etsy  (ETSY)
Brokerage Firm:  Stifel |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $170

Fitbit  (FIT)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Equal-Weight » Underweight |  Price Tgt:  $7.35

JetBlue Airways  (JBLU)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Underweight |  Price Tgt:  $16 » $14

Moderna  (MRNA)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Overweight » Equal-Weight |  Price Tgt:  $150

Moderna  (MRNA)
Brokerage Firm:  Jefferies |  Action:  Downgrade |  Ratings Change:  Buy » Hold |  Price Tgt:  $90 » $150

Par Pacific  (PARR)
Brokerage Firm:  Goldman |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $13.50 » $14

Penumbra  (PEN)
Brokerage Firm:  BTIG Research |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  

Pfizer  (PFE)
Brokerage Firm:  RBC Capital Mkts |  Action:  Downgrade |  Ratings Change:  Outperform » Sector Perform |  Price Tgt:  $43 » $42

Quanta Services  (PWR)
Brokerage Firm:  B. Riley Securities |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $73

SciPlay  (SCPL)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $15

Simon Properties  (SPG)
Brokerage Firm:  Edward Jones |  Action:  Downgrade |  Ratings Change:  Hold » Sell |  Price Tgt:  

Spirit Airlines  (SAVE)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Underweight |  Price Tgt:  $25

Spotify  (SPOT)
Brokerage Firm:  Credit Suisse |  Action:  Downgrade |  Ratings Change:  Outperform » Neutral |  Price Tgt:  $315

Teradata  (TDC)
Brokerage Firm:  Morgan Stanley |  Action:  Downgrade |  Ratings Change:  Overweight » Equal-Weight |  Price Tgt:  $25

Thermo Fisher  (TMO)
Brokerage Firm:  Citigroup |  Action:  Downgrade |  Ratings Change:  Buy » Neutral |  Price Tgt:  $550 » $500

Tyson Foods  (TSN)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Neutral |  Price Tgt:  $70

United Airlines  (UAL)
Brokerage Firm:  JP Morgan |  Action:  Downgrade |  Ratings Change:  Overweight » Underweight |  Price Tgt:  $47 » $44

COVERAGE INITIATED

ACADIA Pharmaceuticals  (ACAD)
Brokerage Firm:  Mizuho |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $69

Adverum Biotech  (ADVM)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  $13

Arrowhead  (ARWR)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $95

Axsome Therapeutics  (AXSM)
Brokerage Firm:  Mizuho |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $120

CVR Energy  (CVI)
Brokerage Firm:  Raymond James |  Action:  Initiated |  Ratings Change:  Mkt Perform |  Price Tgt:  

Evercore  (EVR)
Brokerage Firm:  Seaport Global Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $125

fuboTV  (FUBO)
Brokerage Firm:  Wedbush |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $40

Houlihan Lokey  (HLI)
Brokerage Firm:  Seaport Global Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  

Hyliion  (HYLN)
Brokerage Firm:  Barclays |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $20

i3 Verticals  (IIIV)
Brokerage Firm:  Stephens |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $37

Ionis Pharma  (IONS)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Sell |  Price Tgt:  $34

Jazz Pharma  (JAZZ)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $174

Kodiak Sciences  (KOD)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $170

Lazard  (LAZ)
Brokerage Firm:  Seaport Global Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $49

Moelis  (MC)
Brokerage Firm:  Seaport Global Securities |  Action:  Initiated |  Ratings Change:  Neutral |  Price Tgt:  

Nikola Corporation  (NKLA)
Brokerage Firm:  Evercore ISI |  Action:  Initiated |  Ratings Change:  In-line |  Price Tgt:  $20

Outset Medical  (OM)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Perform |  Price Tgt:  

PJT Partners  (PJT)
Brokerage Firm:  Seaport Global Securities |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $91

Protagonist Therapeutics  (PTGX)
Brokerage Firm:  Piper Sandler |  Action:  Initiated |  Ratings Change:  Overweight |  Price Tgt:  $53

REGENXBIO  (RGNX)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $57

Rocket Pharmaceuticals  (RCKT)
Brokerage Firm:  UBS |  Action:  Initiated |  Ratings Change:  Buy |  Price Tgt:  $75

Triterras Fintech  (TRIT)
Brokerage Firm:  Oppenheimer |  Action:  Initiated |  Ratings Change:  Outperform |  Price Tgt:  $23

COVERAGE RESUMED

Microsoft  (MSFT)
Brokerage Firm:  BofA Securities |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $256

Salesforce  (CRM)
Brokerage Firm:  BofA Securities |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $275

Sangamo Therapeutics  (SGMO)
Brokerage Firm:  H.C. Wainwright |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $25

ServiceNow  (NOW)
Brokerage Firm:  BofA Securities |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $650

Workday  (WDAY)
Brokerage Firm:  BofA Securities |  Action:  Resumed |  Ratings Change:  Buy |  Price Tgt:  $265

REITERATED/PRICE TARGET CHANGED

Anavex  (AVXL)
Brokerage Firm:  H.C. Wainwright |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $14 » $17

FedEx  (FDX)
Brokerage Firm:  Cowen |  Action:  Reiterated |  Ratings Change:  Outperform |  Price Tgt:  $290 » $328

SI-BONE  (SIBN)
Brokerage Firm:  Needham |  Action:  Reiterated |  Ratings Change:  Buy |  Price Tgt:  $28 » $35

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