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This report was sent to Briefing.com subscribers earlier today.
Downgrades:
> DaVita (DVA) downgraded to Hold from Buy at Deutsche Bank; tgt lowered to $72
> Inovio Pharma (INO) downgraded to Underperform from Neutral at BofA Securities; tgt $2
> Instil Bio (TIL) downgraded to Hold from Buy at Truist; tgt lowered to $6
> Skechers USA (SKX) downgraded to Hold from Buy at Argus
> Varonis Systems (VRNS) downgraded to Hold from Buy at Craig Hallum
> Ventas (VTR) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $46
> Welltower (WELL) downgraded to Outperform from Strong Buy at Raymond James; tgt lowered to $70
Others:
> Cairn Energy (CRNCY) resumed with an Equal Weight at Barclays
Research calls posted earlier this morning are available here and here.
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