U.S. RESEARCH ROUNDUP- Life Storage, Novavax, Ritchie Bros Auctioneers

Apartment Income REIT

22/02/2022 07:37

Feb 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on
several U.S.-listed companies, including Life Storage, Novavax and Ritchie Bros Auctioneers on
Tuesday. 
    
    HIGHLIGHTS
     * Life Storage Inc  LSI.N : JP Morgan initiates coverage with neutral rating and $142 PT
     * Novavax Inc  NVAX.O : Jefferies assumes coverage with buy rating; $198 vs $250 PT
     * Ritchie Bros Auctioneers Inc  RBA.N : RBC raises to outperform from sector perform
        
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order.     

     * Advanced Micro Devices Inc  AMD.O : Bernstein raises to outperform from market-perform
     * American Woodmark Corp  AMWD.O : Jefferies cuts target price to $58 from $75
     * Apartment Income REIT Corp  AIRC.N : Jefferies cuts target price to $60 from $63
     * ArcelorMittal SA  MT.N : Credit Suisse raises target price to $50 from $42
     * Avalonbay Communities Inc  AVB.N : Jefferies cuts target price to $250 from $256
     * Collegium Pharmaceutical Inc  COLL.O : Piper Sandler raises target price to $42 from $36
     * Cronos Group Inc  CRON.O : CIBC cuts target price to $4.50 from $5
     * Crown Crafts Inc  CRWS.O : D.A. Davidson cuts target price to $7.5 from $8.5
     * Equinix Inc  EQIX.O : RBC cuts target price to $840 from $850
     * Equity Residential  EQR.N : Jefferies raises target price to $92 from $90
     * Essex Property Trust Inc  ESS.N : Jefferies cuts target price to $353 from $378
     * Farfetch Ltd  FTCH.N : Credit Suisse cuts target price to $55 from $71
     * Homology Medicines Inc  FIXX.O : BTIG cuts target price to $29 from $35
     * Life Storage Inc  LSI.N : JP Morgan initiates coverage with neutral rating and $142 PT
     * MercadoLibre Inc  MELI.O : Credit Suisse cuts target price to $1675 from $2200
     * Mercer International Inc  MERC.O : CIBC raises target price to $16 from $15
     * Meta Platforms Inc  FB.O : HSBC cuts target price to $225 from $300
     * Mid-America Apartment Communities Inc  MAA.N : Jefferies cuts PT to $245 from $275
     * Nexpoint Residential Trust Inc  NXRT.N : Jefferies cuts target price to $102 from $103
     * Nexpoint Residential Trust Inc  NXRT.N : Raymond James raises PT to $95 from $67
     * Novavax Inc  NVAX.O : Jefferies assumes coverage with buy rating; $198 vs $250 PT
     * Papa John's International Inc  PZZA.O : KeyBanc cuts target price to $140 from $155
     * Quantumscape  QS.N : JP Morgan cuts target price to $27 from $40
     * Realogy Holdings Corp  RLGY.N : Barclays raises target price to $19 from $17
     * Reliance Steel & Aluminum Co  RS.N : KeyBanc raises target price to $200 from $180
     * Ribbon Communications Inc  RBBN.O : Cowen and Company cuts target price to $4 from $8
     * Ritchie Bros Auctioneers Inc  RBA.N : RBC raises to outperform from sector perform
     * Ritchie Bros Auctioneers Inc  RBA.N : RBC cuts price target to $60 from $69
     * Zuora Inc  ZUO.N : Jefferies cuts target price to $16 from $19
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))