Top Calls on Wall Street: Qualcomm, Micron, Coinbase and More

TheFly2022-12-12

Top 5 Upgrades:Goldman Sachs analyst Brooke Roach upgraded Tapestry(TPR) to Buy from Neutral with a price target of $44, up from $37. Top-line trends are "likely to remain lackluster," especially due ...

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Luckycube
2022-12-13
Luckycube
👍
LongZR
2022-12-13
LongZR
Nice
- LongZR:
  nice
Verine
2022-12-13
Verine
Nice
- RW5:
  O
- Verine:
  nice
Roleodo
2022-12-13
Roleodo
Ok
- Baoxiaolong:
  ok
Titis
2022-12-13
Titis
Ok
- LEEKONGYONG:
  Ok
estherytwu
2022-12-13
estherytwu
Ok

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Top-line trends are \"likely to remain lackluster,\" especially due ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3631459&headline=TPR;GPS;BBY;UA;UAA;BDX;LRCX;QCOM;MU;DKNG;ULTA;ILMN;LH;COIN;AMOT;PLMR;KNSL;RGLD-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations\">Source Link</a>\n\n</div>\n","source":"lsy1666364704704","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Calls on Wall Street: Qualcomm, Micron, Coinbase and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Calls on Wall Street: Qualcomm, Micron, Coinbase and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 23:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=3631459&headline=TPR;GPS;BBY;UA;UAA;BDX;LRCX;QCOM;MU;DKNG;ULTA;ILMN;LH;COIN;AMOT;PLMR;KNSL;RGLD-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations><strong>TheFly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:Goldman Sachs analyst Brooke Roach upgraded Tapestry(TPR) to Buy from Neutral with a price target of $44, up from $37. 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The analyst cites concerns that Fanatics' Q1 OSB launch can disrupt the profitability narrative.Goldman Sachs analyst Kate McShane downgraded Ulta Beauty(ULTA) to Neutral from Buy with a price target of $508, down from $511. The company's market share gains from here are likely to be \"more limited\" and it faces difficult year-over-year compares following a strong 2022, McShane tells investors in a research note. The analyst also downgraded RH (RH) to Sell from Neutral with a price target of $215, down from $227.Citi analyst Patrick Donnelly downgraded Illumina(ILMN) to Sell from Neutral with a price target of $180, down from $200. Going into 2023, the analyst views sentiment across the life science tools space as \"relatively mixed following several years of outperformance.\" Donnelly also downgraded Labcorp (LH) to Neutral from Buy with a price target of $250, down from $275.Top 5 Initiations:KeyBanc analyst Alex Markgraff initiated coverage of Coinbase(COIN) with a Sector Weight rating. Markgraff believes positive marks for a highly scalable model, innovative suite of products/services, and market share gains are balanced by limited revenue visibility tied to crypto asset prices/volume/volatility and industry headwinds leading to depressed crypto asset prices and market activity.Northland analyst Ted Jackson initiated coverage of Allied Motion Technologies(AMOT) with an Outperform rating and $45 price target. Allied Motion is a leader in motion control solutions and technology with a focus on the higher end of its addressable market segments, which drives above industry average sales growth, while also being an industry consolidator \"adept at accentuating growth through strategic acquisitions,\" Jackson tells investors.Jefferies analyst Andrew Anderson initiated coverage of Palomar(PLMR) with a Hold rating and $55 price target. Anderson thinks the stock already reflects growth and risks.Jefferies analyst Andrew Anderson initiated coverage of Kinsale Capital Group(KNSL) with a Hold rating and $295 price target. Anderson expects Kinsale to continue to post above commercial P&C peer growth and margins due to a strong run of results, but thinks shares already reflect stronger growth/margins and lower volatility compared to peers.Credit Suisse analyst Fahad Tariq initiated coverage of Royal Gold(RGLD) with a Neutral rating and $120 price target. 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