U.S. RESEARCH ROUNDUP-Netflix, Schlumberger, Hyatt Hotels

8x8

19/07/2016 11:09

July 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets 
on several U.S.-listed companies, including Michaels Companies, Tesoro and Star Bulk Carriers, 
on Tuesday.  
     
    HIGHLIGHTS 
     * Hyatt Hotels Corp  H.N : Stifel cuts to hold from buy   
     * Yahoo! Inc  YHOO.O : Pivotal Research cuts to hold from buy   
     * Chipotle Mexican Grill  CMG.N : CLSA raises to outperform from underperform   
     * Schlumberger  SLB.N : SocGen raises to buy from hold   
     * Michaels Companies Inc  MIK.O : JP Morgan cuts to neutral from overweight   
     * Netflix  NFLX.O : Jefferies, Pacific Crest, Canaccord Genuity cut target price 
  
         
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. 
Stock entries are in alphabetical order.  
         
 
     * 3M Co  MMM.N : Jefferies raises target price to $210   
     * 8X8 Inc  EGHT.O : Dougherty raises target price to $18 from $15   
     * Aecom  ACM.N : Keybanc raises target price to $38 from $35   
     * Albemarle Corp  ALB.N : Jefferies raises target price to $102   
     * Alexandria Real Estate Equities Inc  ARE.N : Barclays raises target to $113 from $105   
     * Allscripts Healthcare  MDRX.O : Cowen and Company ups target to $17 from $16; outperform   
     * Alon USA Partners LP  ALDW.N : Citigroup cuts target price to $10.8 from $11   
     * Altisource Residential Corp  RESI.N : KBW cuts target price to $11 from $12   
     * American Homes 4 Rent  AMH.N : KBW raises target price to $19 from $17   
     * American International Group Inc  AIG.N : Credit Suisse cuts target to $57 from $58   
     * Apartment Investment and Management Co  AIV.N : Barclays raises target to $50 from $47   
     * ARM Holdings  ARMH.O : Pacific Crest cuts to sector weight rating   
     * Ashland Inc  ASH.N : Jefferies raises target price to $140   
     * Astec Industries Inc  ASTE.O : Baird cuts to neutral   
     * Atwood Oceanics Inc  ATW.N : Jefferies raises target price to $13   
     * Avalonbay Communities Inc  AVB.N : Jefferies cuts target price to $186 from $188   
     * Bank of America Corp  BAC.N : Jefferies raises target price to $16.50 from $16   
     * Bank of America Corp  BAC.N : KBW raises target price to $15 from $14   
     * Basic Energy Services Inc  BAS.N : Nomura cuts target price to $2 from $3   
     * Boston Properties Inc  BXP.N : Barclays raises target price to $159 from $149   
     * Boston Properties Inc  BXP.N : Jefferies raises target price to $141 from $129   
     * Brandywine Realty Trust  BDN.N : Barclays raises target price to $17 from $16   
     * Brixmor Property Group Inc  BRX.N : Barclays raises target price to $28 from $27   
     * Brown & Brown Inc  BRO.N : Barclays raises target price to $31 from $30   
     * Burlington Stores Inc  BURL.N : Citigroup raises target price to $75 from $66   
     * Burlington Stores Inc  BURL.N : SunTrust Robinson raises target price to $85 from $70   
     * Cabot Corp  CBT.N : Jefferies raises target price to $60   
     * Calatlantic Group Inc  CAA.N : RBC starts with outperform rating; $48 price target   
     * Cal-Maine Foods Inc  CALM.O : D.A. Davidson raises target price to $40 from $37   
     * Camden Property Trust  CPT.N : Barclays raises target price to $92 from $91   
     * Celanese Corp  CE.N : Jefferies raises target price to $83   
     * Chipotle Mexican Grill Inc  CMG.N : CLSA raises to outperform from underperform   
     * Chubb Ltd  CB.N : Credit Suisse raises target price to $136 from $131   
     * Clubcorp Holdings Inc  MYCC.N : Imperial raises price target to $14 from $12   
     * Colony Starwood Homes  SFR.N : KBW cuts to market perform from outperform   
     * Colony Starwood Homes  SFR.N : KBW raises target price to $32 from $30   
     * Columbia Property Trust Inc  CXP.N : BMO raises target price to $27 from $25; outperform   
     * Cooper Tire & Rubber Co  CTB.N : Goldman Sachs cuts target price to $32 from $34   
     * Coresite Realty Corp  COR.N : Jefferies raises target price to $102 from $91   
     * CubeSmart  CUBE.N : Jefferies raises target price to $39 from $36   
     * CVR Refining LP  CVRR.N : Citigroup cuts target price to $7 from $12   
     * Cyrusone Inc  CONE.O : Jefferies raises target price to $62 from $57   
     * Diamond Offshore Drilling Inc  DO.N : Jefferies raises target price to $25   
     * Digital Realty Trust Inc  DLR.N : Barclays raises target price to $118 from $110   
     * Digital Realty Trust Inc  DLR.N : Jefferies cuts to hold from buy   
     * Digital Realty Trust Inc  DLR.N : Jefferies raises target price to $115 from $108   
     * Domino's Pizza Inc  DPZ.N : Nomura raises target price to $140 from $135   
     * Douglas Emmett Inc  DEI.N : Barclays raises target price to $33 from $31   
     * Duke Realty Corp  DRE.N : Barclays raises target price to $27 from $25   
     * Dupont Fabros Technology Inc  DFT.N : Barclays raises target price to $52 from $49   
     * Dupont Fabros Technology Inc  DFT.N : Jefferies raises target price to $46 from $44   
     * Eagle Pharmaceuticals Inc  EGRX.O : Piper Jaffray cuts target price to $91 from $98   
     * EMC Corp  EMC.N : Brean raises target price to $30 from $29; rating buy   
     * Emcor Group Inc  EME.N : Keybanc cuts to sector weight from overweight   
     * Ensco Plc  ESV.N : Goldman Sachs cuts target price to $10.50 from $12   
     * Ensco Plc  ESV.N : Jefferies cuts target price to $10   
     * Ensco Plc  ESV.N : Seaport Global Securities raises target price to $9 from $8; sell   
     * Equity One Inc  EQY.N : Barclays raises target price to $30 from $28   
     * Equity Residential  EQR.N : Jefferies cuts target price to $62 from $66   
     * Essex Property Trust Inc  ESS.N : Barclays raises target price to $243 from $242   
     * Essex Property Trust Inc  ESS.N : Jefferies cuts target price to $209 from $230   
     * Evoke Pharma Inc  EVOK.O : Noble Life Science Partners cuts to hold rating   
     * Extra Space Storage Inc  EXR.N : Jefferies raises target price to $115 from $110   
     * Federal Realty Investment Trust  FRT.N : Jefferies raises target price to $173 from $160   
     * First Industrial Realty Trust Inc  FR.N : Jefferies raises target price to $27 from $26   
     * Fluor Corp  FLR.N : Keybanc raises target price to $58 from $55   
     * FMC Corp  FMC.N : Jefferies raises target price to $58   
     * GCP Applied Technologies Inc  GCP.N : Jefferies raises target price to $33   
     * General Growth Properties Inc  GGP.N : Barclays raises target price to $30 from $29   
     * Glaukos Corp  GKOS.N : Roth Capital raises price target to $36.50 from $30   
     * Government Properties  GOV.O : Jefferies cuts to underperform from hold   
     * Green Plains Inc  GPRE.O : Jefferies raises target price to $27   
     * Guess Inc  GES.N : Piper Jaffray cuts price target to $12 from $15   
     * Guess Inc  GES.N : Piper Jaffray cuts to underweight from neutral   
     * Halliburton Co  HAL.N : Nomura raises target price to $53 from $44   
     * Halliburton Co  HAL.N : SocGen cuts to hold from buy   
     * Hartford Financial Services Group Inc  HIG.N : Credit Suisse cuts target to $53 from $55   
     * Hasbro Inc  HAS.O : Barclays cuts target price to $89 from $91   
     * Hasbro Inc  HAS.O : Piper Jaffray raises to overweight from neutral   
     * Hawaiian Electric Industries  HE.N : Barclays raises target to $29 from $28; underweight   
     * HCP Inc  HCP.N : Jefferies raises target price to $33 from $32   
     * Hess Corp  HES.N : JP Morgan cuts target price to $57 from $62   
     * HFF Inc  HF.N : KBW cuts target price to $32 from $33   
     * Highwoods Properties Inc  HIW.N : Jefferies raises target price to $54 from $50   
     * Hollyfrontier Corp  HFC.N : Citigroup cuts target price to $26 from $36   
     * Honda Motor  HMC.N : Jefferies raises target price to $34   
     * Hudson Pacific Properties Inc  HPP.N : Barclays raises target price to $38 from $36   
     * Hudson Technologies Inc  HDSN.O : B. Riley raises target price to $7; rating buy   
     * Huntsman Corp  HUN.N : Jefferies raises target price to $20   
     * Hyatt Hotels Corp  H.N : Stifel cuts to hold from buy   
     * IBM  IBM.N : Citigroup raises target price to $160 from $140; rating neutral   
     * IBM  IBM.N : Deutsche Bank raises target price to $145 from $135; rating hold   
     * IBM  IBM.N : JMP Securities raises target price to $172 from $157   
     * IBM  IBM.N : RBC raises target price to $165 from $155; rating sector perform   
     * IBM  IBM.N : UBS raises target price to $160 from $150   
     * J B Hunt Transport Services Inc  JBHT.O : UBS cuts target price to $86 from $90   
     * Jacobs Engineering Group Inc  JEC.N : Keybanc raises target price to $58 from $55   
     * Jazz Pharmaceuticals  JAZZ.O : Mizuho raises target price to $195 from $193; rating buy   
     * Jones Lang LaSalle Inc  JLL.N : Barclays cuts target price to $136 from $137   
     * Kimco Realty Corp  KIM.N : Barclays raises target price to $34 from $33   
     * Koppers Holdings Inc  KOP.N : Jefferies raises target price to $40   
     * LCNB Corp  LCNB.O : FBR & CO raises target price to $19 from $18   
     * Lennox International Inc  LII.N : Barclays raises target price to $143 from $137   
     * Lexington Realty Trust  LXP.N : Jefferies cuts to hold from buy   
     * Liberty Global Plc  LBTYA.O : Jefferies cuts target price to $42 from $46   
     * Macerich Co  MAC.N : Barclays raises target price to $94 from $89   
     * Macerich Co  MAC.N : Jefferies raises target price to $86 from $80   
     * Mack-Cali Realty Corp  CLI.N : Barclays raises target price to $28 from $26   
     * Marathon Petroleum Corp  MPC.N : Citigroup cuts target price to $51.5 from $55   
     * Maxim Integrated Products Inc  MXIM.O : BMO cuts to market perform from outperform   
     * Medical Properties Trust Inc  MPW.N : Jefferies raises target price to $16 from $13   
     * Merit Medical Systems Inc  MMSI.O : Canaccord Genuity starts with $27 price target   
     * Merit Medical Systems Inc  MMSI.O : Canaccord Genuity starts with buy rating 
     * Michaels Companies Inc  MIK.O : JP Morgan cuts price target to $30 from $33.00   
     * Michaels Companies Inc  MIK.O : JP Morgan cuts to neutral from overweight   
     * Mid-America Apartment Communities Inc  MAA.N : Jefferies raises target to $115 from $103   
     * MPLX LP  MPLX.N : Barclays reinstates with overweight rating; $42 price target   
     * National Storage Affiliates Trust  NSA.N : Jefferies raises target price to $24 from $22   
     * Netflix Inc  NFLX.O : Baird cuts target price to $94 from $108; rating neutral   
     * Netflix Inc  NFLX.O : Canaccord Genuity cuts target price to $115 from $120; rating buy   
     * Netflix Inc  NFLX.O : Citigroup cuts price target to $92 from $106; rating neutral   
     * Netflix Inc  NFLX.O : Cowen and Company cuts target price to $110 from $130; outperform   
     * Netflix Inc  NFLX.O : Jefferies cuts target price to $76 from $80; rating underperform   
     * Netflix Inc  NFLX.O : JP Morgan cuts target price to $116 from $125   
     * Netflix Inc  NFLX.O : Mizuho cuts target price to $90 from $109; rating neutral   
     * Netflix Inc  NFLX.O : Moffett Nathanson cuts target price by $3 to $82   
     * Netflix Inc  NFLX.O : Nomura cuts target price to $110 from $115   
     * Netflix Inc  NFLX.O : Nomura cuts target price to $110 from $115; rating buy   
     * Netflix Inc  NFLX.O : Pacific Crest cuts target price to $125 from $130   
     * Netflix Inc  NFLX.O : RBC cuts target price to $130 from $140   
     * Noble Corporation Plc  NE.N : Jefferies cuts target price to $8   
     * Omega Healthcare Investors Inc  OHI.N : Jefferies raises target price to $40 from $38   
     * Open Text  OTEX.O : National Bank Financial raises target price to $80 from $65  
     * Orexigen Therapeutics Inc  OREX.O : RBC adjusts target price to $5   
     * Paccar Inc  PCAR.O : Longbow cuts to underperform from neutral   
     * Pacira Pharmaceuticals Inc  PCRX.O : Piper Jaffray cuts target price to $81 from $88   
     * Parkway Properties Inc  PKY.N : Barclays raises target price to $18 from $17   
     * Patterson-UTI Energy Inc  PTEN.O : Nomura raises target price to $18 from $16   
     * PBF Energy Inc  PBF.N : Citigroup cuts target price to $39 from $49   
     * Phillips 66  PSX.N : Citigroup cuts target price to $79 from $88   
     * Post Properties Inc  PPS.N : Barclays raises target price to $64 from $62   
     * PPG Industries Inc  PPG.N : Jefferies raises target price to $127   
     * Praxair Inc  PX.N : Jefferies raises target price to $140   
     * Prologis Inc  PLD.N : Barclays raises target price to $58 from $54   
     * Prologis Inc  PLD.N : Jefferies raises target price to $49 from $46   
     * Public Storage  PSA.N : Barclays raises target price to $254 from $253   
     * Public Storage  PSA.N : Jefferies raises target price to $270 from $265   
     * QTS Realty Trust Inc  QTS.N : Jefferies raises target price to $65 from $59   
     * Rait Financial Trust  RAS.N : KBW raises target price to $3 from $2.5   
     * Ramco-Gershenson Properties Trust  RPT.N : Baird cuts to neutral rating   
     * Ramco-Gershenson Properties Trust  RPT.N : Jefferies raises target price to $23 from $22   
     * Redwood Trust Inc  RWT.N : KBW cuts to market perform from outperform   
     * Regency Centers Corp  REG.N : Barclays raises target price to $80 from $77   
     * Regency Centers Corp  REG.N : Jefferies raises target price to $83 from $78   
     * Resource Capital Corp  RSO.N : KBW raises target price to $12 from $11.5   
     * Retail Properties of America Inc  RPAI.N : Jefferies raises target price to $18 from $17.5   
     * Rexford Industrial Realty Inc  REXR.N : Jefferies raises target price to $25 from $22   
     * Sabra Health Care REIT Inc  SBRA.O : Jefferies raises target price to $23 from $21   
     * Schlumberger  SLB.N : SocGen raises target price to $91 from $86   
     * Schlumberger  SLB.N : SocGen raises to buy from hold   
     * Seagate Technology Plc  STX.O : Citigroup raises target price to $29 from $18   
     * Seagate Technology Plc  STX.O : Citigroup raises to neutral from sell   
     * Senior Housing Properties Trust  SNH.O : Jefferies raises target price to $24 from $19   
     * Sequenom Inc  SQNM.O : Jefferies cuts target price to $0.75 from $1.50   
     * Sherwin-Williams Co  SHW.N : Susquehanna cuts target price to $370 from $375   
     * Silicon Motion Technology Corp  SIMO.O : B. Riley raises target price to $64.50; buy   
     * Silver Bay Realty Trust Corp  SBY.N : KBW raises target price to $17 from $16   
     * Simon Property Group Inc  SPG.N : Barclays raises target price to $264 from $254   
     * Simon Property Group Inc  SPG.N : Jefferies raises target price to $271 from $250   
     * SL Green Realty Corp  SLG.N : Barclays raises target price to $113 from $107   
     * SL Green Realty Corp  SLG.N : Jefferies raises target price to $133 from $123   
     * Sovran Self Storage Inc  SSS.N : Jefferies raises target price to $135 from $130   
     * Stag Industrial Inc  STAG.N : Jefferies raises target price to $25 from $22   
     * Star Bulk Carriers Corp  SBLK.O : JP Morgan raises to overweight from neutral   
     * Super Micro Computer Inc  SMCI.O : Stifel cuts to hold from buy   
     * Superior Energy Services Inc  SPN.N : Nomura raises target price to $16 from $13   
     * Tableau Software  DATA.N : Summit Redstone starts with a hold rating and target $53   
     * Tanger Factory Outlet Centers Inc  SKT.N : Jefferies raises target to $42 from $38   
     * Taubman Centers Inc  TCO.N : Jefferies raises target price to $73 from $67   
     * Terreno Realty Corp  TRNO.N : Jefferies raises target price to $25 from $23   
     * Tesoro Corp  TSO.N : Citigroup cuts target price to $92 from $92.5   
     * Tesoro Corp  TSO.N : Citigroup raises to buy from neutral   
     * T-Mobile US Inc  TMUS.O : Cowen and Company raises target price to $49 from $44   
     * T-Mobile US Inc  TMUS.O : Deutsche Bank raises target price to $52 from $46   
     * Toyota Motor  TM.N : Jefferies raises target price to $121 7203.T   
     * Transocean Ltd  RIG.N : Jefferies raises target price to $11  RIGN.BN  
     * Travelers Companies Inc  TRV.N : Credit Suisse raises target price to $111 from $109   
     * Univar Inc  UNVR.N : Jefferies raises target price to $23   
     * Valero Energy Corp  VLO.N : Citigroup cuts target price to $58 from $70   
     * Ventas Inc  VTR.N : Jefferies raises target price to $65 from $58   
     * VMware Inc  VMW.N : BMO raises target price to $70 from $55; rating market perform   
     * VMware Inc  VMW.N : Cowen and Company raises target price to $68 from $61   
     * VMware Inc  VMW.N : Deutsche Bank raises target price to $65 from $55; rating hold   
     * VMware Inc  VMW.N : Jefferies raises target price to $84 from $83   
     * VMware Inc  VMW.N : Mizuho raises target price to $61 from $52   
     * VMware Inc  VMW.N : Nomura cuts target price to $110 from $115   
     * VMware Inc  VMW.N : UBS raises target price to $77 from $72   
     * Vornado Realty Trust  VNO.N : Barclays raises target price to $108 from $103   
     * W. R. Grace & Co  GRA.N : Jefferies raises target price to $89   
     * Weingarten Realty Investors  WRI.N : Jefferies raises target price to $42 from $40   
     * Welltower Inc  HCN.N : Jefferies raises target price to $65 from $61   
     * Western Digital Corp  WDC.O : Citigroup raises target price to $65 from $55   
     * Western Refining Inc  WNR.N : Citigroup cuts target price to $23 from $29   
     * WhiteWave Foods Co  WWAV.N : Barclays cuts to equal weight from overweight   
     * WhiteWave Foods Co  WWAV.N : Barclays raises target price to $56 from $51   
     * Yahoo! Inc  YHOO.O : Citigroup raises target price to $44 from $43; rating buy   
     * Yahoo! Inc  YHOO.O : Pivotal Research cuts to hold from buy   
     * Yahoo! Inc  YHOO.O : RBC raises target price to $39 from $38   
     * Yahoo! Inc  YHOO.O : UBS raises target price to $43 from $42   
  
 
 (Compiled by Abdul Nishad C.K. and Geetha Panchaksharam in Bengaluru) 
 ((Bengaluru Newsroom: +1 646 223 8780)) 
 
Keywords: RESEARCH US/