U.S. RESEARCH ROUNDUP-Commercial Metals, M&T Bank, Simon Property

Ameriprise Financial

03/09/2024 09:02

Sept 3 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies including Commercial Metals, M&T Bank Corp and Simon
Property Group, on Tuesday. 
    
      HIGHLIGHTS 
  

                 * Commercial Metals Co  CMC.N : Jefferies initiates with buy rating; price target $65
 
                 * M&T Bank Corp  MTB.N : JP Morgan raises to overweight from neutral 
 
                 * Simon Property Group Inc  SPG.N : Piper Sandler cuts to neutral from overweight 
 
       
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.    
    
                 * Abercrombie & Fitch Co  ANF.N : Jefferies raises target price to $220 from $215
 
                 * Aflac Inc  AFL.N : Jefferies raises target price to $97 from $88
 
                 * Allstate Corp  ALL.N : TD Cowen raises target price to $224 from $193
 
                 * Ameriprise Financial Inc  AMP.N : Jefferies raises target price to $511 from $506
 
                 * Brown-Forman Corp  BFb.N : Roth MKM cuts target price to $48 from $49
 
                 * BXP Inc  BXP.N : Piper Sandler raises target price to $78 from $70
 
                 * CNO Financial Group Inc  CNO.N : Jefferies raises target price to $31 from $29
 
                 * Commercial Metals Co  CMC.N : Jefferies initiates with buy rating; price target $65
 
                 * Core & Main Inc  CNM.N : JP Morgan cuts target price to $52 from $54
 
                 * Corebridge Financial Inc  CRBG.N : Jefferies raises target price to $39 from $37
 
                 * Envoy Medical Inc  COCH.O : Ascendiant Capital Markets raises PT to $8.75 from $8.5
 
                 * Foghorn Therapeutics Inc.  FHTX.O : Jefferies initiates coverage with buy rating; PT $18
 
                 * Globe Life Inc  GL.N : Jefferies raises target price to $95 from $90
 
                 * Hannon Armstrong  HASI.N : RBC initiates coverage with outperform rating
 
                 * Hannon Armstrong  HASI.N : RBC initiates coverage with PT $41
 
                 * Jabil Inc  JBL.N : JP Morgan cuts target price to $133 from $137
 
                 * Jackson Financial Inc  JXN.N : Jefferies raises target price to $78 from $74
 
                 * Kite Realty Group Trust  KRG.N : Piper Sandler raises target price to $33 from $30
 
                 * Lincoln National Corp  LNC.N : Jefferies raises target price to $40 from $38
 
                 * M&T Bank Corp  MTB.N : JP Morgan raises target price to $215 from $183
 
                 * M&T Bank Corp  MTB.N : JP Morgan raises to overweight from neutral
 
                 * Macerich Co  MAC.N : Piper Sandler raises target price to $14 from $11
 
                 * Metlife Inc  MET.N : Jefferies raises target price to $89 from $81
 
                 * nCino Inc  NCNO.O : Raymond James raises to outperform from market perform
 
                 * Newmark Group Inc  NMRK.O : Piper Sandler raises target price to $17 from $13
 
                 * Progressive Corp  PGR.N : KBW raises target price to $275 from $255
 
                 * Prudential Financial Inc  PRU.N : Jefferies raises target price to $140 from $132
 
                 * Reinsurance Group of America Inc  RGA.N : Jefferies raises PT to $268 from $253
 
                 * Simon Property Group Inc  SPG.N : Piper Sandler cuts to neutral from overweight
 
                 * Simon Property Group Inc  SPG.N : Piper Sandler cuts target price to $175 from $190
 
                 * Sotherly Hotels Inc  SOHO.O : Piper Sandler cuts target price to $1.5 from $2
 
                 * Unum Group  UNM.N : Jefferies raises target price to $67 from $64
 
                 * Vera Therapeutics Inc  VERA.O : JP Morgan raises target price to $72 from $62
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))