U.S. RESEARCH ROUNDUP- Goldman Sachs, IBM, JP Morgan

Apartment Income REIT

14/12/2023 07:32

Dec 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on
several U.S.-listed companies, including Goldman Sachs, IBM and JP Morgan on Thursday. 
    
  HIGHLIGHTS  
          
     * Adobe Inc  ADBE.O : Jefferies raises target price to $700 from $660
     * Goldman Sachs  GS.N : Wells Fargo raises target price to $393 from $390
     * IBM  IBM.N : HSBC initiates coverage with reduce rating and target price $124
     * JP Morgan  JPM.N : Wells Fargo raises target price to $200 from $185
     * Vertex Pharmaceuticals Inc  VRTX.O : Evercore ISI raises target price to $405 from $389
                
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday. Stock
entries are in alphabetical order.       
    
     * Adobe Inc  ADBE.O : Baird raises target price to $590 from $540
     * Adobe Inc  ADBE.O : D.A. Davidson raises target price to $685 from $640
     * Adobe Inc  ADBE.O : Jefferies raises target price to $700 from $660
     * Affiliated Managers Group Inc  AMG.N : KBW raises target price to $173 from $158
     * Agree Realty Corp  ADC.N : RBC raises target price to $66 from $63
     * Apartment Income REIT Corp  AIRC.N : Truist Securities cuts target price to $40 from $44
     * Apollo Global Management Inc  APO.N : KBW raises target price to $110 from $101
     * Ares Management Corp  ARES.N : KBW raises target price to $128 from $111
     * Arthur J. Gallagher & Co.  AJG.N : RBC raises target price to $270 from $262
     * Artisan Partners Asset Management Inc  APAM.N : KBW raises target price to $42 from $36
     * Ball Corp  BALL.N : Jefferies raises target price to $69 from $60
     * Bank of New York Mellon Corp  BK.N : Wells Fargo raises target price to $54 from $51
     * Camden Property Trust  CPT.N : RBC cuts target price to $103 from $109
     * Centene Corp  CNC.N : Stephens raises target price to $87 from $85
     * Chargepoint Holdings Inc  CHPT.N : D.A. Davidson cuts target price to $4 from $10
     * Cisco Systems Inc  CSCO.O : HSBC initiates coverage with hold rating and target $48
     * Citigroup Inc  C.N : Wells Fargo raises target price to $60 from $55
     * Comerica Inc  CMA.N : Wells Fargo raises target price to $52 from $45
     * Corning Inc  GLW.N : HSBC initiates coverage with hold rating and target price $29
     * Editas Medicine Inc  EDIT.O : Evercore ISI raises target price to $15 from $8
     * Editas Medicine Inc  EDIT.O : Leerink Partners raises target price to $9 from $7
     * Equity Lifestyle Properties Inc  ELS.N : RBC raises target price to $71 from $69
     * Essex Property Trust Inc  ESS.N : RBC raises target price to $237 from $235
     * Essex Property Trust Inc  ESS.N : Truist Securities cuts target price to $260 from $266
     * Etsy Inc  ETSY.O : Moffettnathanson cuts target price to $59 from $65
     * Etsy Inc  ETSY.O : Needham raises target price to $95 from $85
     * Fifth Third Bancorp  FITB.O : Wells Fargo raises target price to $39 from $34
     * Financial Institutions Inc  FISI.O : Stephens raises target price to $23 from $20
     * Franklin Resources Inc  BEN.N : KBW raises target price to $27 from $23.5
     * Goldman Sachs  GS.N : Wells Fargo raises target price to $393 from $390
     * Graphic Packaging Holding Co  GPK.N : Jefferies raises target price to $25 from $24
     * HP Inc  HPQ.N : HSBC initiates coverage with hold rating and target price $30
     * IBM  IBM.N : HSBC initiates coverage with reduce rating and target price $124
     * Illumina Inc  ILMN.O : Stephens initiates coverage with overweight rating; target $170
     * Independence Realty Trust Inc  IRT.N : RBC cuts target price to $16 from $17
     * International Paper Co  IP.N : Jefferies raises target price to $34 from $31
     * Invesco Ltd  IVZ.N : KBW raises target price to $20 from $15
     * Invesco Ltd  IVZ.N : KBW raises to outperform from market perform
     * JP Morgan  JPM.N : Wells Fargo raises target price to $200 from $185
     * Keycorp  KEY.N : Wells Fargo raises target price to $16 from $12
     * L3Harris Technologies Inc  LHX.N : JP Morgan raises target price to $240 from $213
     * M&T Bank Corp  MTB.N : Wells Fargo raises target price to $145 from $140
     * Mid-America Apartment Communities Inc  MAA.N : RBC cuts target price to $136 from $145
     * Morgan Stanley  MS.N : Wells Fargo raises target price to $85 from $77
     * Myers Industries Inc  MYE.N : Keybanc raises target price to $22 from $21
     * NNN REIT Inc  NNN.N : RBC raises target price to $43 from $42
     * Northern Trust Corp  NTRS.O : Wells Fargo raises target price to $82 from $71
     * Packaging Corp of America  PKG.N : Jefferies raises target price to $150 from $140
     * Pfizer Inc  PFE.N : Cantor Fitzgerald cuts target price to $45 from $75
     * Pfizer Inc  PFE.N : Jefferies cuts target price to $32 from $37
     * Photronics Inc  PLAB.O : D.A. Davidson raises target price to $32 from $28
     * PNC Financial Services Group Inc  PNC.N : Wells Fargo ups target price to $180 from $176
     * Realty Income Corp  O.N : RBC raises target price to $58 from $57
     * Regions Financial Corp  RF.N : Wells Fargo raises target price to $18 from $16
     * SL Green Realty Corp  SLG.N : Jefferies raises target price to $38 from $32
     * Spirit Realty Capital Inc  SRC.N : RBC raises target price to $44 from $43
     * State Street Corp  STT.N : Wells Fargo raises target price to $86 from $83
     * Sun Communities Inc  SUI.N : RBC raises target price to $142 from $136
     * TE Connectivity Ltd  TEL.N : HSBC initiates coverage with buy rating and target $161
     * Truist Financial Corp  TFC.N : Wells Fargo raises target price to $39 from $37
     * US Bancorp  USB.N : Wells Fargo raises target price to $50 from $43
     * Vertex Pharmaceuticals Inc  VRTX.O : Evercore ISI raises target price to $405 from $389
     * Vertex Pharmaceuticals Inc  VRTX.O : RBC raises target price to $379 from $347
     * Westrock Co  WRK.N : Jefferies raises target price to $39 from $38.51
     * Wp Carey Inc  WPC.N : RBC raises target price to $66 from $64
     * XPO Inc  XPO.N : Jefferies raises target price to $105 from $95
     * Zions Bancorporation Na  ZION.O : Evercore ISI raises target price to $48 from $35
     * Zions Bancorporation Na  ZION.O : Wells Fargo raises target price to $36 from $32
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))