U.S. RESEARCH ROUNDUP- Adobe, Nike, Watts Water Technologies

Adobe

02/07/2026 08:06

July 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adobe, Nike and Watts Water Technologies on Thursday. 

  HIGHLIGHTS        

* Alphabet Inc GOOGL.O: Wells Fargo cuts target price to $416 from $435
* Adobe Inc ADBE.O: HSBC raises to buy from hold; raises target price to $308 from $282
* Meta Platforms Inc META.O: Wells Fargo raises target price to $767 from $765
* Nike Inc NKE.N: Barclays cuts target price to $52 from $67
* Watts Water Technologies Inc WTS.N: TD Cowen raises target price to $320 from $275
                
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday. Stock entries are in alphabetical order.
   
* Abivax SA ABVX.O: Truist Securities raises target price to $155 from $135
* Acadian Asset Management Inc AAMI.N: RBC raises target price to $72 from $66
* Adobe Inc ADBE.O: HSBC raises to buy from hold; raises target price to $308 from $282
* Alphabet Inc GOOGL.O: Wells Fargo cuts target price to $416 from $435
* Amazon.com Inc AMZN.O: Wells Fargo raises target price to $313 from $312
* American Water AWK.N: UBS raises target price to $150 from $140
* Ch Robinson Worldwide Inc CHRW.O: Raymond James cuts PT to $203 from $210
* Clearwater Paper CLW.N: BofA Global Research initiates coverage with neutral rating
* Clearwater Paper CLW.N: BofA Global Research initiates coverage with PT $19
* Cognex Corp CGNX.O: Truist Securities raises target price to $71 from $61
* Coherent Corp COHR.N: Raymond James raises target price to $435 from $371
* Constellation Brands Inc STZ.N: BofA Global Research cuts PT to $145 from $152
* Constellation Brands Inc STZ.N: Jefferies cuts target price to $147 from $157
* Constellation Brands Inc STZ.N: Morgan Stanley cuts target price to $158 from $183
* Crinetics Pharmaceuticals Inc CRNX.O: UBS initiates coverage with buy rating; PT $55
* Darling Ingredients DAR.N: Barclays raises target price to $62 from $58
* Datadog Inc DDOG.O: Benchmark raises target price to $330 from $260
* Deere & Co DE.N: Truist Securities raises target price to $812 from $759
* Disney DIS.N: Raymond James cuts target price to $111 from $119
* Domino's Pizza Inc DPZ.O: UBS cuts target price to $375 from $425
* Eastman Chemical Co EMN.N: Morgan Stanley cuts target price to $79 from $83
* Elevance Health ELV.N: Bernstein raises (Not Cuts) target price to $482 from $424
* EOG Resources Inc EOG.N: Jefferies raises target price to $175 from $170
* EOG Resources Inc EOG.N: UBS cuts target price to $158 from $168
* Equifax Inc EFX.N: Mizuho cuts target price to $210 from $222
* Eversource Energy ES.N: Wells Fargo raises target price to $76 from $75
* Exelixis Inc EXEL.O: UBS raises target price to $52 from $43
* Factset FDS.N: UBS cuts target price to $340 from $380
* Factset Research Systems Inc. FDS.N: Wells Fargo raises PT to $210 from $200
* Fair Isaac Corp FICO.N: UBS raises target price to $1270 from $1250
* Fluor FLR.N: Truist Securities raises target price to $64 from $57
* Fortive Corp FTV.N: Truist Securities raises target price to $67 from $61
* GE Aerospace GE.N: Jefferies raises target price to $455 from $365
* General Mills GIS.N: BofA Global Research raises price objective to $39 from $36
* General Mills GIS.N: Jefferies raises target price to $36 from $33
* General Mills GIS.N: JP Morgan raises target price to $35 from $31
* General Mills GIS.N: TD Cowen raises target price to $32 from $31
* General Mills GIS.N: Wells Fargo raises target price to $33 from $30
* Guardant Health Inc GH.O: Bernstein raises target price to $200 from $175
* Halliburton Co HAL.N: UBS raises target price to $40 from $39
* Infleqtion Inc INFQ.N: Canaccord Genuity initiates coverage with buy rating; PT $22
* Intel INTC.O: HSBC raises target price to $200 from $100
* Jfrog Ltd FROG.O: UBS raises target price to $110 from $92
* Kimball Electronics Inc KE.O: Keybanc initiates coverage with sector weight rating
* Knight-Swift Transportation Holdings KNX.N: Raymond James ups PT to $91 from $76
* Meta Platforms Inc META.O: Wells Fargo raises target price to $767 from $765
* Mirum Pharmaceuticals Inc MIRM.O: JP Morgan raises target price to $125 from $115
* MSC Industrial Direct Co., Inc MSM.N: Stephens raises target price to $130 from $90
* Netflix Inc NFLX.O: HSBC cuts target price to $104 from $113
* Nike Inc NKE.N: Barclays cuts target price to $52 from $67
* ON Holding AG ONON.N: JP Morgan resumes coverage with overweight rating; PT $51
* Pepsico PEP.O: UBS cuts target price to $172 from $186
* Philip Morris PM.N: UBS raises target price to $182 from $168
* PSEG PEG.N: RBC initiates coverage with sector perform rating; target price $81
* Robinhood Markets Inc HOOD.O: Mizuho raises target price to $130 from $115
* TD Synnex SNX.N: Barclays raises target price to $278 from $237
* Tyson Foods Inc TSN.N: Bernstein cuts target price to $63 from $72
* Valero Energy Corp VLO.N: JP Morgan cuts target price to $294 from $299
* Voya Financial Inc VOYA.N: RBC raises target price to $100 from $91
* Watts Water Technologies Inc WTS.N: TD Cowen raises target price to $320 from $275
* Wayfair Inc W.N: Jefferies raises target price to $87 from $70
* Waystar Holding WAY.O: Keybanc initiates with overweight rating and target price $30
* Westlake Corp WLK.N: Morgan Stanley cuts target price to $92 from $106

 (Compiled by Bengaluru Newsroom)
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