U.S. RESEARCH ROUNDUP-Adobe, Microsoft, ServiceNow
21/03/2024 06:59
March 21 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Adobe, Microsoft and ServiceNow, on
Thursday.
HIGHLIGHTS
* Adobe Inc ADBE.O : KeyBanc initiates coverage with underweight rating; PT $445
* Hubspot Inc HUBS.N : KeyBanc initiates coverage with underweight rating; PT $520
* Microsoft MSFT.O : KeyBanc initiates coverage with overweight rating; target price $490
* Norfolk Southern Corp NSC.N : TD Cowen raises target price to $253 from $236
* ServiceNow Inc NOW.N : KeyBanc initiates coverage with overweight rating; PT $1,000
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.
* Acelyrin Inc SLRN.O : Jefferies raises target price to $15 from $14
* Adobe Inc ADBE.O : KeyBanc initiates coverage with underweight rating; PT $445
* Amneal pharma AMRX.O : Piper Sandler raises target price to $8 from $6
* Amplitude Inc AMPL.O : KeyBanc initiates coverage with sector weight rating
* Asana Inc ASAN.N : KeyBanc assumes coverage with underweight rating; target price $14
* Chewy Inc CHWY.N : Piper Sandler cuts target price to $19 from $21
* Chipotle Mexican Grill Inc CMG.N : Raymond James raises PT to $3,200 from $2,800
* Crocs Inc CROX.O : KeyBanc raises target price to $149
* Eve Holding Inc EVEX.N : JP Morgan cuts target price to $12.5 from $13.5
* General Mills Inc GIS.N : Jefferies raises target price to $71 from $67
* General Mills Inc GIS.N : JP Morgan raises target price to $72 from $68
* General Mills Inc GIS.N : TD Cowen raises target price to $70 from $68
* Hubspot Inc HUBS.N : KeyBanc initiates coverage with underweight rating; PT $520
* Huntington Ingalls Industries Inc HII.N : JP Morgan raises target price to $295 from $288
* Hyatt Hotels Corp H.N : TD Cowen raises target price to $160 from $95
* Janux Therapeutics Inc JANX.O : BTIG initiates with buy rating; price target $62
* KB Home KBH.N : Wedbush raises target price to $64 from $60
* Micron Technology Inc MU.O : Piper Sandler raises target price to $130 from $95
* Microsoft MSFT.O : KeyBanc initiates coverage with overweight rating; target price $490
* Norfolk Southern Corp NSC.N : TD Cowen raises target price to $253 from $236
* Northern Oil and Gas Inc NOG.N : Jefferies raises target price to $51 from $45
* Nvidia Corp NVDA.O : TD Cowen raises target price to $1100 from $900
* Ollie'S Bargain Outlet Holdings Inc OLLI.O : JP Morgan cuts target price to $85 from $88
* Ollie'S Bargain Outlet Holdings Inc OLLI.O : Piper Sandler cuts PT to $92 from $93
* Omniab Inc OABI.O : Leerink Partners raises target price to $11 from $10
* Oracle Corp ORCL.N : KeyBanc initiates coverage with overweight rating; PT $150
* Ovintiv Inc OVV.N : TD Cowen raises target price to $64 from $55
* Permian Resources Corp PR.N : TD Cowen raises target price to $20 from $17
* Salesforce Inc CRM.N : KeyBanc initiates coverage with sector weight rating; PT $301
* Semrush Holdings Inc SEMR.N : KeyBanc initiates coverage with overweight rating; PT $17
* ServiceNow Inc NOW.N : KeyBanc initiates coverage with overweight rating; PT $1,000
* SM Energy Co SM.N : TD Cowen raises target price to $55 from $41
* Smith Douglas Homes Corp SDHC.N : Wedbush cuts target price to $21 from $23
* Sprinklr Inc CXM.N : KeyBanc initiates coverage with overweight rating; PT $19
* Sprout Social Inc SPT.O : KeyBanc initiates coverage with overweight rating; PT $83
* Tourmaline Bio Inc TRML.O : Truist Securities raises target price to $74 from $43
* Zoominfo Technologies Inc ZI.O : KeyBanc initiates coverage with overweight rating; PT $20
(Compiled by Bengaluru Newsroom)
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