U.S. RESEARCH ROUNDUP-East West Bancorp, First Citizens Bancshares, UMB Financial

AbbVie

06/07/2026 09:21

July 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including East West, First Citizens Bancshares, and UMB Financial Corp, on Monday. 

  HIGHLIGHTS        
* Cullen/Frost Bankers Inc CFR.N: TD Cowen raises target price to $169 from $160
* East West Bancorp Inc EWBC.O: TD Cowen raises target price to $148 from $143
* First Citizens Bancshares FCNCA.O: TD Cowen raises target price to $2,430 from $2,300
* Iqvia Holdings Inc IQV.N: HSBC raises target price to $240 from $210
* UMB Financial Corp UMBF.O: TD Cowen raises target price to $161 from $147
                
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock entries are in alphabetical order.         
   

* Abbvie Inc ABBV.N: HSBC raises target price to $300 from $275
* Abivax SA ABVX.O: Wedbush raises target price to $140 from $110
* Advanced Micro Devices AMD.O: Goldman Sachs raises target price to $640 from $450
* Alexandria Real Estate Equities, Inc ARE.N: Mizuho cuts target price to $60 from $70
* Allegiant Travel ALGT.O: Morgan Stanley raises target price to $115 from $100
* Allstate Corp ALL.N: Raymond James raises target price to $300 from $260
* Applied Materials Inc AMAT.O: Goldman Sachs raises target price to $645 from $520
* Arcbest Corp ARCB.O: Morgan Stanley raises target price to $180 from $150
* Automatic Data Processing Inc ADP.O: TD Cowen raises target price to $223 from $216
* Autonation Inc AN.N: Wells Fargo cuts target price to $202 from $208
* Avalo Therapeutics Inc AVTX.O: Leerink Partners initiates coverage with outperform rating
* Avalo Therapeutics Inc AVTX.O: Leerink Partners initiates coverage with PT $38
* Avista Corp. AVA.N: Barclays raises target price to $40 from $39
* Axon Enterprise Inc AXON.O: Needham raises target price to $750 from $600
* Banc of California Inc BANC.N: Wells Fargo raises target price to $23 from $22
* Bank of America BAC.N: Goldman Sachs raises target price to $71 from $65
* Bank of America Corporation BAC.N: Wells Fargo raises target price to $67 from $65
* Bank Ozk OZK.O: TD Cowen cuts to hold from buy
* Bank Ozk OZK.O: Wells Fargo raises target price to $52 from $50
* Biogen BIIB.O: HSBC raises target price to $157 from $150
* Bio-Techne Corp TECH.O: Evercore ISI cuts to in line from outperform
* Bloom Energy Corp BE.N: Jefferies raises target price to $246 from $207
* Bok Financial Corp. BOKF.O: Wells Fargo raises target price to $138 from $130
* Celanese Corp CE.N: BMO cuts target price to $57 from $80
* CH Robinson Worldwide Inc CHRW.O: Morgan Stanley raises target price to $91 from $90
* Citigroup C.N: Goldman Sachs raises target price to $162 from $149
* Coastal Financial Corp (Everett) CCB.O: TD Cowen cuts target price to $110 from $120
* Columbia Banking System, Inc. COLB.O: Wells Fargo raises PT to $32 from $30
* Commerce Bancshares Inc CBSH.O: TD Cowen raises target price to $62 from $54
* Commerce Bancshares Inc CBSH.O: Wells Fargo raises target price to $57 from $53
* Commercial Metals Co CMC.N: Citigroup cuts target price to $75 from $85
* Constellation Brands STZ.N: Barclays cuts target price to $139 from $170
* Corning Inc. GLW.N: BofA Global Research ups price objective to $243 from $223
* Crowdstrike Holdings, Inc CRWD.O: Barclays cuts target price to $169 from $675
* Cullen/Frost Bankers Inc CFR.N: Jefferies ups to hold from underperform
* Cullen/Frost Bankers Inc CFR.N: Jefferies ups PT to $160 from $135
* Cullen/Frost Bankers Inc CFR.N: TD Cowen raises target price to $169 from $160
* CVS Health Corp CVS.N: HSBC raises target price to $103 from $85
* Dana Incorporated DAN.N: Barclays cuts target price to $33 from $41
* Dana Incorporated DAN.N: Barclays cuts to equal-weight from overweight
* Datadog Inc DDOG.O: Bernstein cuts target price to $226 from $180 
* Datadog Inc DDOG.O: Bernstein cuts to market perform from outperform
* Delta Air Lines Inc DAL.N: Raymond James cuts to outperform from strong buy
* Delta Airlines Inc DAL.N: Morgan Stanley raises PT to $115 from $105
* Dollar Tree Inc DLTR.O: JP Morgan raises target price to $170 from $160
* Doordash, Inc. DASH.O: Wells Fargo cuts target price to $199 from $200
* Dow Inc DOW.N: BMO cuts target price to $33 from $46
* East West Bancorp Inc EWBC.O: TD Cowen raises target price to $148 from $143
* East West Bancorp Inc EWBC.O: Wells Fargo raises target price to $140 from $125
* Entegris Inc ENTG.O: BMO raises target price to $167 from $153
* Entegris Inc ENTG.O: Deutsche Bank raises target price to $155 from $145
* Erock EROC.N: BofA Global Research initiates coverage with neutral rating 
* Erock EROC.N: BofA Global Research initiates coverage with price objective $16
* Erock Inc EROC.N: JP Morgan initiates coverage with overweight rating; PT $24
* F.N.B. Corporation FNB.N: Wells Fargo raises target price to $21 from $20
* Factset Research Systems FDS.N: Barclays raises target price to $216 from $210
* Fastenal Co FAST.O: Barclays raises target price to $47 from $46
* Fifth Third Bancorp FITB.N: Wells Fargo raises target price to $67 from $58
* First Bancorp FBP.N: Wells Fargo raises target price to $28 from $26
* First Citizens Bancshares FCNCA.O: TD Cowen raises target price to $2,430 from $2,300
* First Hawaiian Inc FHB.O: Wells Fargo raises target price to $28 from $26
* First Horizon Corporation FHN.N: Wells Fargo raises target price to $26 from $25
* First Solar, Inc. FSLR.O: Wells Fargo raises target price to $320 from $255
* Flagstar Bank Na FLG.N: TD Cowen raises to buy from hold; raises PT to $18 from $15
* Forbright Inc FRBT.O: JP Morgan initiates coverage with neutral rating; PT $21
* Forbright Inc FRBT.O: Piper Sandler initiates coverage with neutral rating; PT 
* Forbright Inc FRBT.O: TD Cowen initiates coverage with buy rating; target price $23
* Forbright Inc FRBT.O: Wells Fargo initiates coverage with overweight rating and PT $21
* Forbright Inc. FRBT.O: Barclays initiates coverage with overweight rating and PT $23
* Formula One FWONA.O: BofA Global Research ups price objective to $115 from $105
* Fox Corporation FOXA.O: Wells Fargo cuts target price to $65 from $71
* General Dynamics GD.N: BofA Global Research ups price objective to $415 from $400
* Gilead GILD.O: HSBC raises to buy from hold; raises target price to $155 from $133
* Glaukos Corp GKOS.N: H.C. Wainwright initiates coverage with buy rating
* Glaukos Corp GKOS.N: H.C. Wainwright initiates target price $168
* Grand Canyon Education Inc LOPE.O: BMO cuts target price to $185 from $198
* Guardant Health GH.O: BofA Global Research ups price objective to $190 from $135 
* Heartland Express Inc HTLD.O: Morgan Stanley raises target price to $13 from $12
* Hexcel Corp HXL.N: Jefferies raises target price to $105 from $95
* Honeywell HON.O: JP Morgan cuts target price to $250 from $260
* Huntington Bancshares Inc HBAN.O: Jefferies cuts to hold from buy; cuts PT to $19 from $21
* International Business Machines Corp IBM.N: BofA Global Research raises PO to $330 from $315
* Iqvia Holdings Inc IQV.N: HSBC raises target price to $240 from $210
* J B Hunt Transport Services JBHT.O: Morgan Stanley cuts to underweight from equal weight
* J B Hunt Transport Services Inc. JBHT.O: Morgan Stanley raises target price to $200 from $190
* J.P. Morgan Chase & Co JPM.N: Goldman Sachs raises target price to $411 from $375
* J.P. Morgan Chase & Co JPM.N: Wells Fargo raises target price to $360 from $350
* JetBlue Airways JBLU.O: Raymond James cuts to underperform from market perform
* Johnson & Johnson JNJ.N: HSBC raises target price to $290 from $280
* Keycorp KEY.N: Wells Fargo raises target price to $27 from $24
* Kla Corp KLAC.O: Goldman Sachs raises target price to $230 from $155
* Knight-Swift Transportation Holdings KNX.N: Morgan Stanley raises PT to $100 from $70
* Lam Research LRCX.O: Goldman Sachs raises target price to $380 from $290
* Landstar System Inc LSTR.O: Morgan Stanley cuts to underweight from equal weight
* Lithia Motors Inc LAD.N: Wells Fargo raises target price to $306 from $305
* M&T Bank Corporation MTB.N: Wells Fargo raises target price to $215 from $205
* Merck & Co Inc MRK.N: HSBC raises target price to $150 from $135
* Nanoviricides NNVC.A: Noble Capital initiates coverage with outperform rating; PT $6
* Newmont NEM.N: Jefferies cuts target price to $146 from $158
* NRG Energy Inc NRG.N: Siebert Williams initiates coverage with buy rating
* NRG Energy Inc NRG.N: Siebert Williams initiates target price $184
* OFG Bancorp OFG.N: Wells Fargo raises target price to $49 from $45
* Okta Inc OKTA.O: Scotiabank raises to sector outperform rating
* Old Dominion Freight Line Inc ODFL.O: Morgan Stanley cuts to equal weight from overweight
* Old Dominion Freight Line Inc ODFL.O: Morgan Stanley raises PT to $245.00 from $235.00
* Onsemi ON.O: Goldman Sachs raises target price to $95 from $80
* Parabilis Medicines PBLS.O: BofA Global Research initiates coverage with buy rating and price objective $45
* Parabilis Medicines PBLS.O: Leerink Partners initiates coverage with outperform rating
* Parabilis Medicines PBLS.O: Leerink Partners initiates coverage with target price $40
* Parabilis Medicines Inc PBLS.O: Evercore ISI initiates coverage with outperform rating
* Parabilis Medicines Inc PBLS.O: Guggenheim initiates coverage with buy rating; PT $40
* Pepsico Inc. PEP.O: Barclays cuts target price to $144 from $158
* Pfizer PFE.N: HSBC cuts target price to $28 from $32
* Pfizer PFE.N: HSBC cuts to hold from buy
* Pinnacle Financial Partners Inc PNFP.N: TD Cowen cuts target price to $116 from $121
* PNC Financial Services PNC.N: Goldman Sachs raises target price to $267 from $244
* PNC Financial Services Group, Inc. PNC.N: Wells Fargo raises PT to $270 from $264
* Pool Corp POOL.O: Stifel raises target price to $235 from $210
* Popular, Inc. BPOP.O: Wells Fargo raises target price to $180 from $165
* Procept Biorobotics Corp PRCT.O: Truist Securities cuts target price to $25 from $30
* Procept Biorobotics Corp PRCT.O: Truist Securities cuts to hold from buy
* Proto Labs Inc PRLB.N: Benchmark raises target price to $91 from $70
* Pultegroup, Inc. PHM.N: Wells Fargo raises target price to $150 from $140
* Qualcomm QCOM.O: Goldman Sachs raises target price to $180 from $145
* Qualys Inc QLYS.O: Scotiabank raises to sector outperform rating
* Regeneron Pharmaceuticals Inc REGN.O: HSBC cuts target price to $800 from $990
* Regions Financial RF.N: D.A. Davidson cuts to neutral from buy; cuts PT to $33 from $35
* Regions Financial Corporation RF.N: Wells Fargo raises PT to $30 from $28
* Revolution Medicines Inc RVMD.O: Mizuho raises target price to $215 from $185
* Royal Gold Inc RGLD.O: Jefferies cuts target price to $311 from $318
* Sable Offshore Corp SOC.N: Gerdes Energy Research raises to buy from neutral
* Sable Offshore Corp SOC.N: Gerdes Energy Research cuts PT by $3 to $8
* Sable Offshore Corp SOC.N: Jefferies cuts target price to $11 from $24
* Sandisk Corp SNDK.O: Goldman Sachs raises target price to $2200 from $1200
* Schneider National Inc SNDR.N: Morgan Stanley raises target price to $45 from $38
* Schneider National Inc. SNDR.N: Morgan Stanley raises PT to $45.00 from $38.00
* Sentinelone Inc S.N: Scotiabank raises to sector outperform rating
* Sherwin-Williams Co SHW.N: BMO raises target price to $400 from $355
* SM Energy Co SM.N: JP Morgan cuts target price to $36 from $43
* Southwest Airlines Co LUV.N: Morgan Stanley raises target price to $65 from $6
* Strategic Education Inc STRA.O: BMO raises target price to $91 from $86
* Tenable Holdings Inc TENB.O: Scotiabank raises to sector outperform rating
* Teradyne Inc TER.O: Goldman Sachs raises target price to $465 from $350
* T-Mobile TMUS.O: BofA Global Research raises to buy from neutral
* Travelers TRV.N: Raymond James raises target price to $400 from $350
* Truist Financial Corp TFC.N: Morgan Stanley cuts target price to $54 from $62
* Truist Financial Corp TFC.N: Morgan Stanley cuts to equal weight from overweight
* Twist Bioscience Corp TWST.O: Evercore ISI cuts target price to $102 from $66
* Twist Bioscience Corp TWST.O: Evercore ISI cuts to in line from outperform
* U.S. Bancorp USB.N: Wells Fargo raises target price to $66 from $62
* Uber Technologies, Inc. UBER.N: Wells Fargo cuts target price to $100 from $102
* UMB Financial Corp UMBF.O: TD Cowen raises target price to $161 from $147
* UMB Financial Corporation UMBF.O: Wells Fargo raises target price to $139 from $130
* United Airlines UAL.O: Morgan Stanley raises target price to $185.00 from $182.00
* UnitedHealth UNH.N: HSBC raises target price to $380 from $300
* UPS UPS.N: Morgan Stanley raises target price to $76 from $75
* US Bancorp USB.N: Jefferies raises to buy from hold; raises PT to $75 from $60
* Veracyte Inc VCYT.O: Jefferies raises target price to $70 from $48
* Wells Fargo WFC.N: Goldman Sachs raises target price to $101 from $93
* Werner Enterprises WERN.O: Morgan Stanley raises target price to $55 from $47
* Western Digital Corp WDC.O: Goldman Sachs raises target price to $650 from $400
* Westlake Corp WLK.N: BMO cuts target price to $96 from $133
* Whitehawk Minerals Corp WHK.N: JP Morgan initiates coverage with neutral rating
* Whitehawk Minerals Corp WHK.N: JP Morgan initiates target price $28
* Whitehawk Minerals Corp WHK.N: Stifel initiates coverage with buy rating; target price $30
* Wintrust Financial Corp WTFC.O: TD Cowen raises target price to $184 from $176
* XPO Logistics Inc XPO.N: Morgan Stanley raises target price to $115 from $10
* Zions Bancorporation ZION.O: Wells Fargo raises target price to $66 from $63
* Zions Bancorporation Na ZION.O: TD Cowen raises target price to $71 from $64
* Zoetis Inc ZTS.N: HSBC cuts target price to $95 from $140

 (Compiled by Bengaluru Newsroom)
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