BofA Securities upgraded TransUnion (NYSE:TRU) to Buy from Neutral and raised its price target to $91.00 from $72.00, noting that a recession is priced in, and the company's margins are a positive catalyst for the stock. "TRU's 2023 EBITDA margin expansion potential from M&A is underappreciated," added the firm.
Shares were up more than 2% intra-day today.
Piper Sandler upgraded Primis Financial Corp (NASDAQ:FRST). to Overweight from Neutral and raised its price target to $14.00 from $13.00. Shares rose more than 2% intra-day today.
Credit Suisse upgraded Foot Locker Inc (NYSE:FL) to Outperform from Neutral. Shares were up more than 4% intra-day today.
Needham & Company upgraded NeoGenomics Inc (NASDAQ:NEO) to Buy from Hold with a price target of $15.00. Shares gained more than 5% intra-day today.
JPMorgan (NYSE:JPM) upgraded Hubbell Inc (NYSE:HUBB)to Neutral from Underweight and raised its price target to $205.00 from $200.00 following Q4 results yesterday that missed on sales but was in line on core profits. Shares gained more than 4% intra-day today.
By Davit Kirakosyan
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