Upgrades/Downgrades for Tuesday, 26 JUL 22
Symbol Company Analyst Firm Upgrading ATHM Autohome CLSA UL Unilever PLC Deutsche Bank *
* = Upgrade to BUY
DOWNGRADES for Tuesday, 26 JUL 22
Symbol Company Analyst Firm Downgrading AEO American Eagle BofA Securities CHWY Chewy Wedbush COOK Traeger Credit Suisse HTBI HomeTrust Bank Compass Point IEA Infrastructure and Energy Alternatives Stifel IEA Infrastructure and Energy Alternatives DA Davidson MSTR MicroStrategy Jefferies NEE NextEra Energy Seaport Research Partners NVTA Invitae Cowen PARA Paramount Global Goldman * ROKU Roku Wolfe Research RVLV Revolve Group BofA Securities SEOAY Stora Enso OYJ Exane BNP Paribas UBS UBS AG BofA Securities VSTO Vista Outdoor ROTH Capital WEBR Weber Wells Fargo ZEN Zendesk William Blair ZEN Zendesk Stifel ZEN Zendesk JMP Securities ZS Zscaler BTIG Research
* = DOWNGRADE to SELL
COVERAGE INITIATED for Tuesday, 26 JUL 22
Symbol Company Analyst Firm Downgrading Initial Recommendation AAPL Apple Itau BBA Underperform ABNB Airbnb Argus Hold ALVO Alvotech Citigroup BUY * AMZN Amazon Itau BBA Outperform BKSY BlackSky Technology Lake Street BUY * BLCO Bausch + Lomb RBC Capital Mkts Outperform CNTY Century Casinos JMP Securities Mkt Outperform GASS Stealthgas Maxim Group BUY * GOOGL Alphabet A Itau BBA Market Perform HHC Howard Hughes BMO Capital Markets Outperform KROS Keros Therapeutics BTIG Research BUY * META Meta Platforms Itau BBA Market Perform MSFT Microsoft Itau BBA Outperform ONON On Piper Sandler Overweight OSH Oak Street Health Argus Hold ROKU Roku Raymond James Mkt Perform SGHT Sight Sciences Stifel Hold TLPFY Teleperformance RBC Capital Mkts Outperform VOR Vor Biopharma Wedbush Outperform
Daily charts for the above upgrades to BUY and initiations with a BUY from Tuesday, 26 JUL 22
1. $UL daily chart
2. $AVGO has no charting data from stockcharts.com. I have sent them a note.
3. $BKSY daily chart (be sure to read their short bio on the chart. This is one I’ve never heard of. I just read a recent story* about this company’s $4.4 Million contract awarded for their A/I software for spaceware imagery. Sounds very hush/hush, military related.)
4. $GASS daily chart
5.$KROS daily chart
* More on this $BSKY company, and note that this IARPA entity sounds like DARPA focused on A/I. How long before A/I makes the decision to target and execute with weapons from outer space or on the ground moved around on robots? Just conjecture here, but this was brought up in Mo Gawdat’s great book about A/I titled “Scary, Smart” which is one of the fastest reads which is a critically thought out treatise about the future of A/I written by an ex-Google AI Engineer who worked at Google X:
Yahoo/Business Wire headline: BlackSky Wins $4.4 Million IARPA Contract to Provide Advanced Artificial Intelligence for Space-Based Dynamic Monitoring
Sub-headline: Company’s unique Spectra AI machine-learning platform accelerates application of SMART technologies for automated recognition of strategic activity and change
HERNDON, Va., July 14, 2022–(BUSINESS WIRE)–BlackSky Technology Inc. (NYSE: BKSY) received a $4.4 million award from the Intelligence Advanced Research Projects Activity (IARPA) to support the second phase of the multi-year Space-based Machine Automated Recognition Technique (SMART) Program.
“As part of our work, BlackSky created a high-performance MLOps (machine learning operations) framework that was ultimately selected to perform as the core infrastructure to the entire SMART program,” said Patrick O’Neil, BlackSky chief innovation officer.
“The MLOps framework will extend BlackSky’s Spectra AI tasking and analytics capabilities and accelerate the development of SMART technologies that make quick sense of the immense volume and complexity of space-based image data,” O’Neil added.