Adobe Inc logo

ADBE - Adobe Inc News Story

$488.5 4.9  1.0%

Last Trade - 23/10/20

Sector
Technology
Size
Large Cap
Market Cap £179.71bn
Enterprise Value £178.83bn
Revenue £9.54bn
Position in Universe 28th / 6447

U.S. RESEARCH ROUNDUP- Apple, Cactus, Dow

Wed 16th September, 2020 9:02am
Sept 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Apple, Cactus and Dow on Wednesday. 
    
    HIGHLIGHTS
     * Apple Inc  AAPL.O : Piper Sandler raises target price to $130 from $113
     * Cactus Inc  WHD.N : Scotiabank initiates coverage with sector perform rating 
     * Dow Inc  DOW.N : HSBC cuts to reduce from hold
     * UTZ Brands Inc  UTZ.N : Piper Sandler initiates coverage with neutral rating 
        
Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order. 
    
     * Adobe Inc  ADBE.O : Credit Suisse raises target price to $560 from $425
     * Adobe Inc  ADBE.O : Piper Sandler raises target price to $570 from $430
     * AES Corp  AES.N : JP Morgan Establishes Dec-2021 PT of $20 vs Dec-2020 PT of $18
     * Alcoa Corp  AA.N : Credit Suisse raises target price to $18 from $17
     * Ally Financial Inc  ALLY.N : Stephens raises target price to $35 from $28
     * Apple Inc  AAPL.O : Piper Sandler raises target price to $130 from $113
     * Associated Banc-Corp  ASB.N : Piper Sandler raises target price to $14.50 from $13.50
     * Atlassian Corporation  TEAM.O : Piper Sandler initiates coverage with overweight rating
     * Atlassian Corporation  TEAM.O : Piper Sandler initiates coverage with $212 PT
     * Autozone Inc  AZO.N : JP Morgan Establishes Dec-2021 PT of $1,435 vs Dec-20 PT of $1,265
     * Avery Dennison Corp  AVY.N : JP Morgan raises target price to $128 from $115
     * BHP  BBL.N : Jefferies raises to buy from hold; raises price target to $55 from $44
     * Cactus Inc  WHD.N : Scotiabank initiates coverage with sector perform rating 
     * Cactus Inc  WHD.N : Scotiabank initiates coverage with price target of $22
     * Championx Corp  CHX.N : Scotiabank initiates coverage with sector outperform rating 
     * Championx Corp  CHX.N : Scotiabank initiates coverage with price target of $12
     * Cleveland-Cliffs Inc  CLF.N : Credit Suisse raises target price to $5.25 from $4.75
     * Consolidated Communications Holdings Inc  CNSL.O : Citigroup cuts PT to $7 from $7.75
     * Davita Inc  DVA.N : RBC raises target price to $91 from $85
     * Del Taco Restaurants Inc  TACO.O : Jefferies raises target price to $10 from $8.50
     * Dow Inc  DOW.N : HSBC cuts target price to $33 from $35
     * Dow Inc  DOW.N : HSBC cuts to reduce from hold
     * E*Trade Financial Corp  ETFC.O : Piper Sandler cuts target price to $53 from $55
     * Endava Plc  DAVA.N : Cowen and Company raises target price to $65 from $55
     * Endava Plc  DAVA.N : Credit Suisse raises target price to $60 from $49
     * Endava Plc  DAVA.N : Needham raises target price to $67 from $58
     * Fedex Corp  FDX.N : Cowen and Company raises target price to $290 from $264
     * Fedex Corp  FDX.N : JP Morgan raises target price to $298 from $265
     * Floor & Decor Holdings Inc  FND.N : Jefferies raises target price to $88 from $85
     * Kohls Corp  KSS.N : Credit Suisse raises target price to $23 from $19
     * Kraft Heinz Co  KHC.O : Jefferies cuts target price to $35 from $37
     * Landstar System Inc  LSTR.O : Cowen and Company raises target price to $123 from $118
     * Lennar Corp  LEN.N : BTIG raises price target to $99 from $94
     * Lennar Corp  LEN.N : Credit Suisse raises target price to $77 from $71
     * Lennar Corp  LEN.N : Wedbush raises target price to $86 from $81
     * Lyondellbasell Industries NV  LYB.N : HSBC cuts target price to $72 from $75
     * Lyondellbasell Industries NV  LYB.N : HSBC cuts to hold from buy
     * Masonite International Corp  DOOR.N : Stephens raises target price to $118 from $115
     * Mr. Cooper Group Inc  COOP.O : Piper Sandler raises target price to $26 from $25
     * National Retail Properties Inc  NNN.N : Citigroup raises price target to $39.5 from $35
     * Overstock.com Inc  OSTK.O : Wedbush initiates coverage with outperform rating 
     * Overstock.com Inc  OSTK.O : Wedbush initiates coverage with $92 price target
     * Pentair Plc  PNR.N : JP Morgan raises target price to $55 from $52
     * PNC Financial Services Group Inc  PNC.N : Piper Sandler raises PT to $125 from $118
     * Qualcomm Inc  QCOM.O : JP Morgan Establishes Dec-2021 PT of $135 vs Dec-20 PT of $120
     * Qurate Retail Inc  QRTEA.O : Citigroup raises price target to $9 from $6.9
     * Regions Financial Corp  RF.N : Truist Securities raises target price to $14 from $12
     * Rio Tinto  RIO.N : Jefferies raises target price to $72 from $69
     * Rio Tinto  RIO.N : Jefferies removes stock from its u.s. Franchise picks list
     * Tempur Sealy  TPX.N : Raymond James raises target price to $115 from $100
     * Texas Roadhouse  TXRH.O : MKM Partners initiates with neutral rating and $68 fair value
     * Trex Company Inc  TREX.N : Barclays cuts price target to reflect two-for-one stock split
     * Trex Company Inc  TREX.N : Barclays cuts target price to $74 from $147
     * UTZ Brands Inc  UTZ.N : Piper Sandler initiates coverage with neutral rating 
     * UTZ Brands Inc  UTZ.N : Piper Sandler initiates coverage with $18 target price
     * XPO Logistics Inc  XPO.N : Credit Suisse raises target price to $101 from $85
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.