U.S. RESEARCH ROUNDUP- Alnylam Pharmaceuticals, Labcorp, Vertex Pharmaceuticals

ArcBest

30/10/2023 07:10

Oct 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Alnylam Pharmaceuticals, Labcorp and Vertex
Pharmaceuticals on Monday. 
    
  HIGHLIGHTS        
    
     * Alnylam Pharmaceuticals Inc  ALNY.O : JP Morgan reinstates coverage with neutral PT $150
     * Eastman Chemical Co  EMN.N : JP Morgan raises to overweight from neutral
     * Labcorp  LH.N : Mizuho cuts target price to $230 from $257
     * Newell Brands Inc  NWL.O : JP Morgan cuts to neutral from overweight
     * Vertex Pharmaceuticals Inc  VRTX.O : JP Morgan reinstates with overweight rating; PT $390
                
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock
entries are in alphabetical order.       
    
     * Abbvie Inc  ABBV.N : Leerink Partners cuts target price to $152 from $155
     * AES Corp  AES.N : Susquehanna cuts target price to $24 from $30
     * Alerus Financial Corp  ALRS.O : Piper Sandler cuts target price to $19 from $20
     * Alliancebernstein Holding LP  AB.N : CFRA cuts target price by $3 to $33
     * Alnylam Pharmaceuticals Inc  ALNY.O : JP Morgan reinstates coverage with neutral PT $150
     * Arbor Realty Trust Inc  ABR.N : JP Morgan cuts target price to $12.50 from $14
     * Arbor Realty Trust Inc  ABR.N : Wedbush cuts target price to $17 from $19
     * Arcbest Corp  ARCB.O : TD Cowen cuts target price to $141 from $145
     * Bancorp Inc  TBBK.O : Piper Sandler raises target price to $49 from $46
     * Bank7 Corp  BSVN.O : Piper Sandler cuts target price to $27 from $32
     * Barnes Group Inc  B.N : Oppenheimer cuts target price to $30 from $48
     * Biomarin Pharmaceutical  BMRN.O : JP Morgan reinstates with overweight rating, PT $111
     * Biontech SE  BNTX.O : JP Morgan reinstates coverage with neutral rating, target $106
     * BJ's Restaurants Inc  BJRI.O : Piper Sandler cuts target price to $28 from $37
     * Brunswick Corp  BC.N : D.A. Davidson cuts target price to $77 from $94
     * Carrier Global Corp  CARR.N : JP Morgan cuts target price to $48 from $53
     * Carter's Inc  CRI.N : Wedbush cuts target price to $67 from $72
     * Chart Industries Inc  GTLS.N : BTIG cuts target price to $160 from $200
     * Charter Communications Inc  CHTR.O : Wells Fargo cuts target price to $460 from $550
     * Chevron Corp  CVX.N : Truist Securities cuts target price to $166 from $169
     * Cincinnati Financial Corp  CINF.O : Piper Sandler raises target price to $110 from $105
     * City Holding Co  CHCO.O : Piper Sandler raises target price to $97 from $96
     * Colgate-Palmolive Co  CL.N : JP Morgan raises target price to $83 from $81
     * Comcast Corp  CMCSA.O : Macquarie cuts target price to $43 from $46
     * CTO Realty Growth Inc  CTO.N : Jonestrading cuts target price to $21 from $25
     * Dana Inc  DAN.N : Wells Fargo cuts target price to $14 from $16
     * Eastman Chemical Co  EMN.N : JP Morgan raises to overweight from neutral
     * Exxon Mobil  XOM.N : Truist Securities raises target price to $135 from $133
     * First Financial Northwest Inc  FFNW.O : D.A. Davidson cuts target price to $13 from $15
     * First Internet Bancorp  INBK.O : Piper Sandler cuts target price to $18 from $19
     * First Interstate Bancsystem Inc  FIBK.O : Piper Sandler cuts target price to $32 from $35
     * First Merchants Corp  FRME.O : Piper Sandler cuts target price to $36 from $38
     * Harley-Davidson Inc  HOG.N : D.A. Davidson cuts target price to $41 from $43
     * Hartford Financial Services Group Inc  HIG.N : Piper Sandler raises PT to $97 from $93
     * Heritage Commerce Corp  HTBK.O : Raymond James cuts target price to $9.50 from $10.50
     * Honeywell International Inc  HON.O : Daiwa Capital Markets cuts PT to $187 from $197
     * Horizon Bancorp Inc  HBNC.O : Piper Sandler cuts target price to $10 from $12
     * Incyte Corp  INCY.O : JP Morgan reinstates coverage with neutral rating, target price $59
     * Labcorp  LH.N : Mizuho cuts target price to $230 from $257
     * Lincoln Electric Holdings Inc  LECO.O : Jefferies cuts target price to $215 from $230
     * Lincoln Electric Holdings Inc  LECO.O : Stifel cuts target price to $192 from $210
     * Marine Products Corp  MPX.N : D.A. Davidson cuts target price to $11 from $16
     * Moderna Inc  MRNA.O : JP Morgan reinstates coverage with neutral rating, target price $93
     * MVB Financial Corp  MVBF.O : JP Morgan cuts target price to $28 from $30
     * Newell Brands Inc  NWL.O : JP Morgan cuts target price to $7 from $11
     * Newell Brands Inc  NWL.O : JP Morgan cuts to neutral from overweight
     * Olin Corp  OLN.N : JP Morgan cuts target price to $48 from $75
     * Olin Corp  OLN.N : JP Morgan cuts to neutral from overweight
     * Pegasystems Inc  PEGA.O : Barclays raises target price to $45 from $44
     * Pilgrims Pride Corp  PPC.O : CFRA raises target price by $3 to $29
     * Principal Financial Group Inc  PFG.O : Piper Sandler cuts target price to $74 from $80
     * Republic Services Inc  RSG.N : JP Morgan cuts target price to $160 from $164
     * Saia Inc  SAIA.O : TD Cowen cuts target price to $416 from $424
     * Sandy Spring Bancorp Inc  SASR.O : Piper Sandler cuts target price to $22 from $24
     * Seacoast Banking Corporation of Florida  SBCF.O : Piper Sandler cuts PT to $23 from $24
     * Seacoast Banking Corporation of Florida  SBCF.O : Raymond James cuts PT to $23 from $27
     * Southstate Corp  SSB.O : Raymond James cuts target price to $80 from $85
     * Stellar Bancorp Inc  STEL.N : Piper Sandler cuts target price to $27 from $28
     * Stellar Bancorp Inc  STEL.N : Raymond James cuts target price to $24 from $27
     * Terex Corp  TEX.N : JP Morgan cuts target price to $56 from $63
     * Trico Bancshares  TCBK.O : Piper Sandler cuts target price to $41 from $43
     * Universal Insurance Holdings Inc  UVE.N : Piper Sandler raises PT to $21 from $20
     * Valero Energy Corp  VLO.N : JP Morgan cuts target price to $171 from $176
     * Valley National Bancorp  VLY.O : JP Morgan cuts target price $10 from $11
     * Valley National Bancorp  VLY.O : JP Morgan cuts target price to neutral from overweight
     * Valley National Bancorp  VLY.O : Piper Sandler cuts target price to $8 from $9
     * Vertex Pharmaceuticals Inc  VRTX.O : JP Morgan reinstates with overweight rating; PT $390
     * Wesbanco Inc  WSBC.O : Piper Sandler cuts target price to $26 from $27
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))