Today's most important upgrades

Edward Jones upgraded Tesla (NASDAQ: TSLA) to Buy from Hold and adds to its Focus List. According to the firm, the share price of Tesla, which has declined significantly over the past year due to concerns of slowing economic growth and Elon Musk's time spent managing Twitter, does not reflect its long-term growth opportunities. "Global regulations on emissions and mileage are driving the growth of EVs. While competition is rising, we expect Tesla to continue to have a significant presence in global markets," added the firm.

Argus upgraded Delta Air Lines (NYSE: DAL) to Buy from Hold with a price target of $39.00, expecting demand for leisure travel to remain strong in 2023 and looking for business travel to surpass 2019 levels. Shares were trading more than 2% higher intra-day today.

Barclays upgraded US Foods (NYSE: USFD) to Overweight from Equalweight and raised its price target to $43.00 from $34.00. Shares were up more than 2% intra-day today.

Jefferies upgraded Oracle (NYSE: ORCL) to Buy from Hold with a price target of $105.00.

BofA Securities upgraded Cullen/Frost Bankers (NYSE: CFR) to Buy from Neutral with a price target of $155.00.

Truist Securities upgraded Comcast Corp (NASDAQ: CMCSA) to Buy from Hold with a price target of $50.00.

By Davit Kirakosyan

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