U.S. RESEARCH ROUNDUP-Acv Auctions, Asbury Automotive Group, Walmart

ACV Auctions

10/06/2024 08:48

June 10 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.listed companies, including Acv Auctions, Asbury Automotive Group and
Walmart, on Monday. 
    
    HIGHLIGHTS
                 * Acv Auctions Inc  ACVA.O : JP Morgan raises to overweight from neutral 
 
     * Asbury Automotive Group Inc  ABG.N : JP Morgan cuts to neutral from overweight 
                 * Lithia Motors Inc  LAD.N : JP Morgan raises to overweight from neutral 
 
     * Sonic Automotive Inc  SAH.N : JP Morgan raises to neutral from underweight 
     * Walmart  WMT.N : Jefferies raises target price to $77 from $75 
               
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
                 * Acv Auctions Inc  ACVA.O : JP Morgan raises to overweight from neutral 
 
                 * Air Products and Chemicals Inc  APD.N : JP Morgan raises target price to $300 from $260 
 
                 * Asbury Automotive Group Inc  ABG.N : JP Morgan cuts to neutral from overweight 
 
                 * Campbell Soup Co  CPB.N : D.A. Davidson raises target price to $49 from $47 
 
                 * Carvana Co  CVNA.N : JP Morgan raises target price to $150 from $130 
 
                 * Concrete Pumping Holdings Inc  BBCP.O : D.A. Davidson cuts PT to $9 from $11 
 
                 * Docusign Inc  DOCU.O : Baird cuts target price to $55 from $65 
 
                 * Galecto Inc  GLTO.O : Oppenheimer cuts target price to $9 from $10 
 
                 * Geron Corp  GERN.O : Wedbush raises target price to $8 from $7 
 
                 * Hecla Mining Co  HL.N : National Bank of Canada raises target price to $7.5 from $7.25 
 
                 * J M Smucker Co  SJM.N : D.A. Davidson cuts target price to $126 from $132 
 
                 * Lithia Motors Inc  LAD.N : JP Morgan raises target price to $280 from $270 
 
                 * Lithia Motors Inc  LAD.N : JP Morgan raises to overweight from neutral 
 
                 * Nvidia Corp  NVDA.O : TD Cowen adjusts PT to $140 from $1200 to reflect 10for1 stock split 
 
                 * Old Dominion Freight Line Inc  ODFL.O : JP Morgan cuts PT to $204 from $219 
 
                 * Ovintiv Inc  OVV.N : TD Cowen raises target price to $66 from $64 
 
                 * Pediatrix Medical Group Inc  MD.N : Jefferies cuts target price to $8 from $9 
 
                 * PG&E Corp  PCG.N : JP Morgan raises target price to $22 from $19 
 
                 * PG&E Corp  PCG.N : JP Morgan raises to overweight from neutral 
 
                 * Planet Fitness Inc  PLNT.N : Jefferies raises target price to $100 from $62 
 
                 * Planet Fitness Inc  PLNT.N : Jefferies raises to buy from hold 
 
                 * Powerschool Holdings Inc  PWSC.N : Jefferies cuts target price to $22.8 from $30 
 
                 * Powerschool Holdings Inc  PWSC.N : Jefferies cuts to hold from buy 
 
                 * Powerschool Holdings Inc  PWSC.N : RBC cuts to sector perform from outperform; ups PT to $22.8
 from $22 
 
                 * Saia Inc  SAIA.O : JP Morgan cuts target price to $578 from $580 
 
                 * Snowflake Inc  SNOW.N : Jefferies cuts target price to $160 from $210 
 
                 * Sonic Automotive Inc  SAH.N : JP Morgan raises target price to $58 from $53 
 
                 * Sonic Automotive Inc  SAH.N : JP Morgan raises to neutral from underweight 
 
                 * Sprouts Farmers market Inc  SFM.O : JP Morgan raises target price to $77 from $70 
 
                 * Virco Mfg Corp  VIRC.O : Wedbush raises target price to $19 from $16 
 
                 * Walmart  WMT.N : Jefferies raises target price to $77 from $75 
 
                 * Walmart  WMT.N : JP Morgan raises to overweight from neutral; raises PT to $81 from $66 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))