U.S. RESEARCH ROUNDUP-Adobe, ArcBest, Saia

ArcBest

12/06/2023 07:58

June 12 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Adobe, ArcBest and Saia, on Monday.
    
    HIGHLIGHTS
                 * Adobe Inc  ADBE.O : Jefferies raises target price to $530 from $440
 
                 * ArcBest Corp  ARCB.O : Jefferies initiates coverage with buy rating
 
                 * Saia Inc  SAIA.O : Jefferies initiates coverage with buy rating
 
    
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
                 * Adobe Inc  ADBE.O : Jefferies raises target price to $530 from $440 
 
                 * ArcBest Corp  ARCB.O : Jefferies initiates coverage with buy rating
 
                 * ArcBest Corp  ARCB.O : Jefferies initiates coverage with target price $110 
 
                 * Biogen Inc  BIIB.O : Canaccord Genuity raises target price to $350 from $330 
 
                 * Biogen Inc  BIIB.O : Oppenheimer raises target price to $360 from $350 
 
                 * Booz Allen Hamilton Holding Corp  BAH.N : Jefferies raises target price to $120 from
 $115 
 
                 * Braze Inc  BRZE.O : Goldman Sachs raises target price to $48 from $46 
 
                 * Disc Medicine Inc  IRON.O : SVB Securities raises target price to $58 from $36 
 
                 * Disc Medicine Inc  IRON.O : Wedbush raises target price to $58 from $41 
 
                 * Epam Systems Inc  EPAM.N : TD Cowen cuts target price to $219 from $290 
 
                 * Expedia Group Inc  EXPE.O : Ascendiant Capital Markets raises target to $142 from $134 
 
                 * NextGen Healthcare Inc  NXGN.O : RBC cuts target price to $17 from $19 
 
                 * Old Dominion Freight Line Inc  ODFL.O : Jefferies assumes coverage with hold rating
 
                 * Old Dominion Freight Line Inc  ODFL.O : Jefferies assumes coverage with target price
 $350 
 
                 * Onto Innovation Inc  ONTO.N : Jefferies raises target price to $130 from $123 
 
                 * Oracle Corp  ORCL.N : JP Morgan raises target price to $109 from $93 
 
                 * Saia Inc  SAIA.O : Jefferies initiates coverage with buy rating
 
                 * Saia Inc  SAIA.O : Jefferies initiates coverage with target price $350 
 
                 * Smart Sand Inc  SND.O : Piper Sandler cuts target price to $2 from $2.5 
 
                 * Valvoline Inc  VVV.N : Jefferies raises target price to $45 from $42 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))