U.S. RESEARCH ROUNDUP-Adobe, Microsoft, ServiceNow
21/03/2024 17:44
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.
* Accenture Plc ACN.N : Evercore ISI raises target price to $390 from $365
* Acelyrin Inc SLRN.O : Jefferies raises target price to $15 from $14
* Adobe Inc ADBE.O : KeyBanc initiates coverage with underweight rating; PT $445
* Advance Auto Parts Inc AAP.N : Jefferies raises target price to $100 from $78
* Alight Inc ALIT.N : Canaccord Genuity raises target price to $13 from $12
* Alight Inc ALIT.N : Needham raises target price to $13 from $12
* Alight Inc ALIT.N : UBS raises target price to $13 from $12
* Alight Inc ALIT.N : Wedbush raises target price to $14 from $13
* American Water Works Company Inc AWK.N : Mizuho cuts target price to $131 from $140
* Ameriprise Financial Inc AMP.N : Raymond James initiates coverage with market perform rating
* Amneal pharma AMRX.O : Piper Sandler raises target price to $8 from $6
* Amplitude Inc AMPL.O : KeyBanc initiates coverage with sector weight rating
* Anheuser Busch Inbev SA BUD.N : Morgan Stanley raises target price to $69 from $67.5
* Asana Inc ASAN.N : KeyBanc assumes coverage with underweight rating; target price $14
* Boeing BA.N : BofA Global Research cuts price objective to $210 from $225
* Boeing BA.N : Deutsche Bank cuts target price to $240 from $285
* Boeing Co BA.N : UBS cuts target price to $250 from $275
* Boise Cascade Co BCC.N : Truist Securities raises target price to $175 from $156
* Braze Inc BRZE.O : UBS raises target price to $62 from $60
* Braze Inc BRZE.O : UBS raises to buy from neutral
* Bridgebio Pharma BBIO.O : Raymond James resumes coverage with outperform rating; PT $45
* Broadcom Inc AVGO.O : TD Cowen raises target price to $1,500 from $1,400
* Broadcom Inc AVGO.O : TD Cowen raises to outperform from market perform
* Calidi Biotherapeutics Inc CLDI.A : H.C. Wainwright cuts target price to $2 from $11
* Chewy Inc CHWY.N : BofA Global Research cuts price objective to $16.5 from $17
* Chewy Inc CHWY.N : Deutsche Bank cuts target price to $18 from $19
* Chewy Inc CHWY.N : Jefferies cuts target price to $25 from $27
* Chewy Inc CHWY.N : JP Morgan cuts target price to $22 from $25
* Chewy Inc CHWY.N : Moffettnathanson cuts target price to $18 from $21
* Chewy Inc CHWY.N : Piper Sandler cuts target price to $19 from $21
* Chipotle Mexican Grill Inc CMG.N : Guggenheim raises target price to $2725 from $1900
* Chipotle Mexican Grill Inc CMG.N : Raymond James raises PT to $3,200 from $2,800
* Choice Hotels International Inc CHH.N : Deutsche Bank raises PT to $128 from $123
* Coinbase Global Inc COIN.O : Needham raises target price to $275 from $220
* Core & Main Inc CNM.N : Citigroup raises target price to $63 from $48
* Coterra Energy Inc CTRA.N : Mizuho cuts target price to $34 from $35
* Crocs Inc CROX.O : KeyBanc raises target price to $149
* Curiositystream Inc CURI.O : Needham cuts target price to $1.25 from $1.5
* Diamedica Therapeutics Inc. DMAC.O : Oppenheimer cuts target price to $6 from $7
* Edwards Lifesciences EW.N : Morgan Stanley raises target price to $103.00 from $95.00
* Emerson Electric Co EMR.N : UBS raises target price to $120 from $95
* EOG Resources Inc EOG.N : Bernstein cuts target price to $139 from $146
* Eve Holding Inc EVEX.N : JP Morgan cuts target price to $12.5 from $13.5
* Fabrinet FN.N : Northland Capital raises to outperform; raises target price to $220
* Fedex Corp FDX.N : Stifel cuts target price to $290 from $305
* Fidelity National Financial Inc FNF.N : KBW raises target price to $56 from $54
* First American Financial Corp FAF.N : KBW raises target price to $69 from $66
* First American Financial Corp FAF.N : KBW raises to outperform from market perform
* Five Below Inc FIVE.O : Craig-Hallum cuts target price to $187 from $195
* Five Below Inc FIVE.O : Evercore ISI cuts target price to $230 from $240
* Five Below Inc FIVE.O : Jefferies cuts target price to $215 from $222
* Five Below Inc FIVE.O : JP Morgan cuts target price to $215 from $222
* Five Below Inc FIVE.O : Mizuho cuts target price to $215 from $225
* Five Below Inc FIVE.O : Morgan Stanley cuts target price to $210.00 from $225.00
* Five Below Inc FIVE.O : Telsey Advisory Group cuts target price to $220 from $230
* Five Below Inc FIVE.O : Truist Securities cuts target price to $204 from $214
* Five Below Inc FIVE.O : UBS cuts target price to $245 from $270
* Five Below Inc FIVE.O : Wells Fargo cuts target price to $180 from $200
* General Mills Inc GIS.N : BofA Global Research raises price objective to $72 from $68
* General Mills Inc GIS.N : Deutsche Bank raises target price to $70 from $68
* General Mills Inc GIS.N : Evercore ISI raises target price to $76 from $72
* 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 : Mizuho raises target price to $70 from $65
* General Mills Inc GIS.N : Stifel raises target price to $77 from $68
* General Mills Inc GIS.N : TD Cowen raises target price to $70 from $68
* General Mills Inc GIS.N : Wells Fargo raises target price to $70 from $65
* Hilton Worldwide Holdings Inc HLT.N : Raymond James raises PT to $230 from $215
* Host Hotels & Resorts, Inc. HST.O : Wells Fargo raises target price to $23 from $22
* 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
* Huntington Ingalls Industries Inc HII.N : Vertical Research raises PT to $317 from $293
* Hyatt Hotels Corp H.N : TD Cowen raises target price to $160 from $95
* Ideaya Biosciences Inc IDYA.O : Citigroup raises target price to $60 from $40
* Immatics NV IMTX.O : Leerink Partners cuts target price to $20 from $23
* International Flavors & Fragrances IFF.N : BofA Global Research ups price objective to $85 from $83
* Janux Therapeutics Inc JANX.O : BTIG initiates with buy rating; price target $62
* Jjill Inc JILL.N : B. Riley raises target price to $38 from $35
* KB Home KBH.N : Evercore ISI cuts target price to $78 from $82
* KB Home KBH.N : RBC raises target price to $69 from $63
* KB Home KBH.N : UBS raises target price to $87 from $82
* KB Home KBH.N : Wedbush raises target price to $64 from $60
* KB Home KBH.N : Wells Fargo raises target price to $70 from $65
* KBR Inc KBR.N : BofA Global Research raises price objective to $80 from $75
* Kemper Corp KMPR.N : Raymond James adds stock to its analyst current favorites list
* Klaviyo Inc KVYO.N : KeyBanc initiates coverage with current price $25
* Klaviyo Inc KVYO.N : KeyBanc initiates coverage with sector weight rating
* Lifeway Foods Inc LWAY.O : Noble Capital raises target price to $16 from $14
* Lincoln National Corp LNC.N : Evercore ISI raises target price to $33 from $32
* Micron Technology Inc MU.O : Argus raises to buy
* Micron Technology Inc MU.O : BofA Global Research raises price objective to $120 from $100
* Micron Technology Inc MU.O : JP Morgan raises target price to $130 from $105
* Micron Technology Inc MU.O : Mizuho raises target price to $124 from $105
* Micron Technology Inc MU.O : Morgan Stanley raises target price to $98.00 from $78.00
* Micron Technology Inc MU.O : Needham raises target price to $120 from $100
* Micron Technology Inc MU.O : Piper Sandler raises target price to $130 from $95
* Micron Technology Inc MU.O : Raymond James raises target price to $130 from $100
* Micron Technology Inc MU.O : Stifel raises target price to $140 from $120
* Micron Technology Inc MU.O : Susquehanna raises target price to $143 from $112
* Micron Technology Inc MU.O : TD Cowen raises target price to $150 from $120
* Micron Technology Inc MU.O : UBS raises target price to $125 from $120
* Micron Technology Inc MU.O : Wedbush raises target price to $130 from $103
* Micron Technology Inc MU.O : Wells Fargo raises target price to $135 from $125
* Micron Technology Inc MU.O : Wolfe Research raises target price to $150 from $120
* Microsoft MSFT.O : KeyBanc initiates coverage with overweight rating; target price $490
* Murphy Oil Corp MUR.N : Mizuho raises target price to $53 from $50
* 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
* Okta Inc OKTA.O : Guggenheim raises target price to $130 from $120
* Ollie'S Bargain Outlet Holdings Inc OLLI.O : Craig-Hallum raises PT to $100 from $98
* 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
* Ollie'S Bargain Outlet Holdings Inc OLLI.O : Truist Securities raises PT to $80 from $78
* Omniab Inc OABI.O : Leerink Partners raises target price to $11 from $10
* ONEOK Inc OKE.N : Truist Securities raises target price to $81 from $71
* Oracle Corp ORCL.N : KeyBanc initiates coverage with overweight rating; PT $150
* Oric Pharmaceuticals, Inc. ORIC.O : H.C. Wainwright raises target price to $21 from $15
* Ovintiv Inc OVV.N : TD Cowen raises target price to $64 from $55
* Park Hotels & Resorts, Inc. PK.N : Wells Fargo raises target price to $18 from $17
* Paycom Software Inc PAYC.N : Citigroup raises target price to $196 from $194
* Paycor Hcm Inc PYCR.O : Citigroup cuts target price to $23 from $24
* Paylocity Holding Corp PCTY.O : Citigroup raises target price to $176 from $174
* Payoneer Global Inc PAYO.O : Citigroup cuts target price to $6 from $7.5
* Permian Resources Corp PR.N : TD Cowen raises target price to $20 from $17
* Revolve Group Inc RVLV.N : TD Cowen raises target price to $25 from $23
* Revolve Group Inc RVLV.N : TD Cowen raises to outperform from market perform
* Ryman Hospitality Properties Inc RHP.N : Wells Fargo raises PT to $133 from $125
* Saia Inc SAIA.O : Benchmark raises target price to $625 from $575
* 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
* Service Properties Trust SVC.O : Wells Fargo cuts target price to $5.75 from $7.5
* ServiceNow Inc NOW.N : KeyBanc initiates coverage with overweight rating; PT $1,000
* Simply Good Foods Co SMPL.O : Deutsche Bank cuts target price to $39 from $42
* SM Energy Co SM.N : TD Cowen raises target price to $55 from $41
* Smartsheet Inc SMAR.N : KeyBanc assumes coverage with current price $39
* Smartsheet Inc SMAR.N : KeyBanc assumes coverage with sector weight rating
* 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
* Starbucks SBUX.O : BofA Global Research removes stock from its US 1 list
* Stewart Information Services Corp STC.N : KBW raises target price to $59 from $57
* Tarsus Pharmaceuticals Inc TARS.O : Jefferies raises target price to $46 from $44
* Tencent Music Entertainment Group TME.N : Goldman Sachs raises to buy rating
* The Timken Company TKR.N : Oppenheimer raises target price to $100 from $95
* Toll Brothers, Inc. TOL.N : Oppenheimer raises target price to $157 from $141
* Tourmaline Bio Inc TRML.O : Jefferies cuts target price to $64 from $72
* Tourmaline Bio Inc TRML.O : Truist Securities raises target price to $74 from $43
* Vera Therapeutics Inc VERA.O : Raymond James raises target price to $57 from $37
* Vera Therapeutics Inc VERA.O : Wedbush raises target price to $34 from $21
* Viridian Therapeutics Inc VRDN.O : Evercore ISI cuts target price to $43 from $46
* Vor Biopharma Inc VOR.O : Oppenheimer cuts target price to $15 from $18
* Vor Biopharma Inc VOR.O : Stifel cuts target price to $12 from $15
* Williams Companies Inc WMB.N : BofA Global Research raises price objective to $42 from $40
* Xenia Hotels & Resorts Inc XHR.N : Wells Fargo raises target price to $15.5 from $14
* Zoominfo Technologies Inc ZI.O : KeyBanc initiates coverage with overweight rating; PT $20
(Compiled by Bengaluru Newsroom)
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