U.S. RESEARCH ROUNDUP-Avalonbay Communities, B&G Foods, Essex Property Trust

A O Smith

01/05/2023 08:16

May 1 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Avalonbay Communities, B&G Foods and Essex
Property Trust, on Monday. 

  HIGHLIGHTS
                 * Avalonbay Communities Inc  AVB.N : Piper Sandler raises to neutral from underweight 
 
                 * B&G Foods Inc  BGS.N : JP Morgan raises to overweight from neutral 
 
                 * Essex Property Trust Inc  ESS.N : Piper Sandler raises to overweight from neutral 
 
 
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order.  

                 * A of Smith Corp  AOS.N : D.A. Davidson raises target price to $82 from $80 
 
                 * Alerus Financial Corp  ALRS.O : Piper Sandler cuts target price to $16 from $18 
 
                 * Allison Transmission Holdings  ALSN.N : Credit Suisse cuts target price to $49 from
 $52 
 
                 * Alteryx Inc  AYX.N : Wedbush cuts target price to $60 from $70 
 
                 * Ameris Bancorp  ABCB.O : Piper Sandler cuts target price to $46 from $51 
 
                 * Ameris Bancorp  ABCB.O : Truist Securities cuts target price to $38 from $43 
 
                 * Antero Resources Corp  AR.N : Truist Securities cuts target price to $30 from $33 
 
                 * APA Corporation  APA.O : Jefferies cuts target price to $42 from $44 
 
                 * Apollo Commercial Real Estate Finance Inc  ARI.N : JP Morgan raises PT to $9.50 from
 $9 
 
                 * Aptargroup Inc  ATR.N : Baird raises target price to $125 from $115 
 
                 * Aptargroup Inc  ATR.N : Jefferies raises target price to $125 from $115 
 
                 * Asgn Inc  ASGN.N : Baird cuts target price to $87 from $103 
 
                 * Atlantic Union Bankshares Corp  AUB.N : Piper Sandler cuts target price to $32 from
 $38 
 
                 * Avalonbay Communities Inc  AVB.N : Evercore ISI raises target price to $199 from $194 
 
                 * Avalonbay Communities Inc  AVB.N : Piper Sandler raises target price to $193 from $160
 
                 * Avalonbay Communities Inc  AVB.N : Piper Sandler raises to neutral from underweight 
 
                 * Avantor Inc  AVTR.N : Credit Suisse cuts target price to $24 from $25 
 
                 * Avantor Inc  AVTR.N : JP Morgan cuts target price to $26 from $29 
 
                 * Avantor Inc  AVTR.N : Raymond James cuts target price to $28 from $30 
 
                 * Axos Financial Inc  AX.N : Wedbush raises target price to $43 from $39 
 
                 * B&G Foods Inc  BGS.N : JP Morgan raises to overweight from neutral 
 
                 * Bancorp Inc  TBBK.O : Piper Sandler raises target price to $41 from $39 
 
                 * Bank7 Corp  BSVN.O : Piper Sandler cuts target price to $31 from $36 
 
                 * Bread Financial Holdings Inc  BFH.N : JP Morgan cuts target price to $41 from $45 
 
                 * Bumble Inc  BMBL.O : Jefferies cuts target price to $20 from $24 
 
                 * CACI International Inc  CACI.N : Wells Fargo raises target price to $346 from $330 
 
                 * Camden Property Trust  CPT.N : Evercore ISI raises target price to $123 from $121 
 
                 * Camden Property Trust  CPT.N : Piper Sandler raises target price to $124 from $117 
 
                 * Caterpillar Inc  CAT.N : Daiwa Capital Markets cuts target price to $227 from $250 
 
                 * Centene Corp  CNC.N : JP Morgan cuts target price to $81 from $90 
 
                 * Chart Industries Inc  GTLS.N : Evercore ISI raises target price to $196 from $177 
 
                 * Charter Communications Inc  CHTR.O : TD Cowen cuts target price to $571 from $608 
 
                 * Chevron Corp  CVX.N : Truist Securities cuts target price to $190 from $193 
 
                 * Chord Energy Corp  CHRD.O : Truist Securities raises target price to $252 from $250 
 
                 * Cloudflare Inc  NET.N : Credit Suisse cuts target price to $75 from $95 
 
                 * Cognizant Technology Solutions Corp  CTSH.O : JP Morgan cuts target price to $66 from
 $67 
 
                 * Colgate-Palmolive Co  CL.N : JP Morgan raises target price to $87 from $85 
 
                 * Columbia Banking System Inc  COLB.O : Truist Securities cuts target price to $23 from
 $24 
 
                 * Comcast Corp  CMCSA.O : Wells Fargo raises target price to $46 from $42 
 
                 * Customers Bancorp Inc  CUBI.N : D.A. Davidson raises target price to $40 from $39 
 
                 * Digital Realty Trust Inc  DLR.N : Credit Suisse raises target price to $81 from $80 
 
                 * Digital Realty Trust Inc  DLR.N : JP Morgan cuts target price to $120 from $125 
 
                 * Dropbox Inc  DBX.O : Jefferies cuts target price to $22.50 from $25 
 
                 * Eastman Chemical Co  EMN.N : JP Morgan raises target price to $90 from $85 
 
                 * Encompass Health Corp  EHC.N : Credit Suisse raises target price to $76 from $73 
 
                 * Enphase Energy Inc  ENPH.O : Credit Suisse cuts target price to $260 from $295 
 
                 * Equity Residential  EQR.N : Piper Sandler raises target price to $63 from $59 
 
                 * Essex Property Trust Inc  ESS.N : Evercore ISI raises target price to $240 from $236 
 
                 * Essex Property Trust Inc  ESS.N : Piper Sandler raises target price to $271 from $242 
 
                 * Essex Property Trust Inc  ESS.N : Piper Sandler raises to overweight from neutral 
 
                 * Estee Lauder Companies Inc  EL.N : Oppenheimer cuts target price to $290 from $300 
 
                 * Exxon Mobil  XOM.N : RBC cuts target price to $125 from $135 
 
                 * Exxon Mobil  XOM.N : Truist Securities raises target price to $118 from $116 
 
                 * Federated Hermes Inc  FHI.N : JP Morgan raises target price to $48 from $47 
 
                 * First Bancorp (North Carolina)  FBNC.O : Raymond James cuts target price to $36 from
 $43 
 
                 * First Bancshares Inc (Mississippi)  FBMS.O : Stephens cuts target price to $32 from
 $33 
 
                 * First Busey Corp  BUSE.O : Raymond James cuts target price to $22 from $24 
 
                 * First Financial Northwest Inc  FFNW.O : D.A. Davidson cuts target price to $14 from
 $15 
 
                 * First Hawaiian Inc  FHB.O : Piper Sandler cuts target price to $21 from $22 
 
                 * First Hawaiian Inc  FHB.O : Wells Fargo cuts target price to $24 from $26 
 
                 * First Internet Bancorp  INBK.O : Piper Sandler cuts target price to $16.5 from $20 
 
                 * First Interstate Bancsystem Inc  FIBK.O : Piper Sandler cuts target price to $35 from
 $45 
 
                 * First of Long Island Corp  FLIC.O : Piper Sandler cuts target price to $12 from $15 
 
                 * Freshworks Inc  FRSH.O : Jefferies cuts target price to $15 from $18 
 
                 * General Dynamics Corp  GD.N : Jefferies cuts target price to $230 from $250 
 
                 * General Motors Co  GM.N : Jefferies raises target price to $37 from $35 
 
                 * Hanmi Financial Corp  HAFC.O : Jonestrading cuts to hold 
 
                 * Hanmi Financial Corp  HAFC.O : Piper Sandler cuts target price to $17 from $20 
 
                 * Hartford Financial Services Group Inc  HIG.N : Piper Sandler raises PT to $101 from
 $100 
 
                 * Helmerich and Payne Inc  HP.N : Piper Sandler cuts target price to $50 from $65 
 
                 * Hexcel Corp  HXL.N : Jefferies raises target price to $75 from $70 
 
                 * Hubspot Inc  HUBS.N : Jefferies raises target price to $500 from $450 
 
                 * Idex Corp  IEX.N : Stifel cuts target price to $214 from $246 
 
                 * Informatica Inc  INFA.N : RBC cuts target price to $20 from $23 
 
                 * Kinsale Capital Group Inc  KNSL.N : Jefferies raises target price to $322 from $315 
 
                 * L3Harris Technologies Inc  LHX.N : Credit Suisse cuts target price to $234 from $240 
 
                 * Lennox International Inc  LII.N : Jefferies raises target price to $285 from $265 
 
                 * Merchants Bancorp  MBIN.O : Piper Sandler cuts target price to $31 from $35 
 
                 * Microstrategy Inc  MSTR.O : Jefferies raises target price to $180 from $160 
 
                 * Mohawk Industries Inc  MHK.N : Evercore ISI cuts target price to $123 from $125 
 
                 * New York Community Bancorp  NYCB.N : D.A. Davidson raises target price to $13 from
 $11.50 
 
                 * New York Community Bancorp  NYCB.N : Wedbush raises target price to $13 from $11 
 
                 * Newell Brands Inc  NWL.O : Jefferies cuts target price to $19 from $20 
 
                 * Newell Brands Inc  NWL.O : JP Morgan cuts target price to $14 from $16 
 
                 * Nextier Oilfield Solutions Inc  NEX.N : Piper Sandler cuts target price to $13 from
 $14 
 
                 * Nov Inc  NOV.N : Piper Sandler cuts target price to $21 from $22 
 
                 * OSI Systems Inc  OSIS.O : Oppenheimer raises target price to $133 from $115 
 
                 * Owens Corning  OC.N : JP Morgan raises target price to $95 from $85 
 
                 * Pacific Premier Bancorp Inc  PPBI.O : Piper Sandler cuts target price to $28 from $33 
 
                 * Pacific Premier Bancorp Inc  PPBI.O : Stephens cuts target price to $26 from $27 
 
                 * Pacific Premier Bancorp Inc  PPBI.O : Wedbush cuts target price to $25 from $26 
 
                 * Patterson-UTI Energy Inc  PTEN.O : Piper Sandler cuts target price to $19 from $24 
 
                 * Pinterest Inc  PINS.N : Raymond James cuts target price to $30 from $33 
 
                 * Pioneer Natural Resources Co  PXD.N : Jefferies raises target price to $240 from $235 
 
                 * Plug Power Inc  PLUG.O : JP Morgan cuts target price to $20 from $23 
 
                 * Primis Financial Corp  FRST.O : Piper Sandler cuts target price to $12.5 from $13 
 
                 * PTC Therapeutics Inc  PTCT.O : Raymond James raises target price to $58 from $55 
 
                 * QCR Holdings Inc  QCRH.O : Piper Sandler cuts target price to $48 from $58 
 
                 * Renasant Corp  RNST.O : Stephens cuts target price to $34 from $38 
 
                 * Republic Services Inc  RSG.N : JP Morgan raises target price to $150 from $144 
 
                 * Rockwell Automation Inc  ROK.N : Berenberg raises target price to $320 from $300 
 
                 * Schneider National Inc  SNDR.N : Credit Suisse cuts target price to $31 from $32 
 
                 * Seacoast Banking Corporation of Florida  SBCF.O : Piper Sandler cuts PT to $25 from
 $29 
 
                 * Seacoast Banking Corporation of Florida  SBCF.O : Truist Securities cuts PT to $26
 from $29 
 
                 * Sirius XM Holdings Inc  SIRI.O : Benchmark cuts target price to $6 from $7 
 
                 * Southstate Corp  SSB.O : Piper Sandler cuts target price to $83 from $88 
 
                 * Stellar Bancorp Inc  STEL.O : Piper Sandler cuts target price to $27 from $32.5 
 
                 * Stellar Bancorp Inc  STEL.O : Stephens cuts target price to $31 from $33 
 
                 * Tanger Factory Outlet Centers  SKT.N : Evercore ISI raises target price to $20 from
 $19 
 
                 * Tempest Therapeutics Inc  TPST.O : Piper Sandler raises target price to $8 from $6 
 
                 * Textron Inc  TXT.N : Jefferies cuts target price to $80 from $85 
 
                 * Tompkins Financial Corp  TMP.A : Piper Sandler cuts target price to $62 from $69 
 
                 * Townebank  TOWN.O : Piper Sandler cuts target price to $28 from $31 
 
                 * Tractor Supply Co  TSCO.O : Oppenheimer raises target price to $280 from $270 
 
                 * Trico Bancshares  TCBK.O : Piper Sandler cuts target price to $46 from $59 
 
                 * Udemy Inc  UDMY.O : Jefferies cuts target price to $10 from $12 
 
                 * UDR Inc  UDR.N : Evercore ISI raises target price to $44 from $43 
 
                 * United Bankshares Inc  UBSI.O : Piper Sandler cuts target price to $36 from $39 
 
                 * Universal Insurance Holdings  UVE.N : Piper Sandler raises target price to $23 from
 $20 
 
                 * US Century Bank  USCB.O : Piper Sandler cuts target price to $11 from $12 
 
                 * Valley National Bancorp  VLY.O : JP Morgan raises target price to $10 from $9 
 
                 * Weatherford International Plc  WFRD.O : Piper Sandler raises target to $101 from $93 
 
                 * Wesbanco Inc  WSBC.O : Piper Sandler cuts target price to $29 from $34 
 
                 * Wisdomtree Inc  WT.N : Jefferies raises target price to $7.50 from $7 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))