U.S. RESEARCH ROUNDUP- Ares Management, BlackRock, Verisign
11/07/2023 08:50
July 11 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Ares Management, BlackRock and Verisign on
Tuesday.
HIGHLIGHTS
* Ares Management Corp ARES.N : KBW cuts to market perform from
outperform
* BlackRock Inc BLK.N : KBW raises to outperform from market perform
* Verisign Inc VRSN.O : Baird cuts to neutral
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Affiliated Managers Group Inc AMG.N : KBW raises target price to $183 from $180
* Aflac Inc AFL.N : JP Morgan raises target price to $72 from $68
* AIG AIG.N : KBW cuts target price to $71 from $73
* Ally Financial Inc ALLY.N : JP Morgan raises target price to $30 from $28
* American Equity Investment Life Holding Co AEL.N : KBW raises PT to $55 from
$47
* American Express Co AXP.N : JP Morgan raises target price to $195 from $170
* American Financial Group Inc AFG.N : KBW cuts target price to $151 from $182
* America'S Car-Mart Inc CRMT.O : Jefferies raises target price to $95 from $84
* Ameriprise Financial Inc AMP.N : KBW raises target price to $355 from $350
* Apollo Global Management Inc APO.N : KBW raises target price to $89 from $85
* Archer-Daniels-Midland Co ADM.N : JP Morgan cuts target price to $80 from $84
* Ares Management Corp ARES.N : KBW cuts target price to $98 from $99
* Ares Management Corp ARES.N : KBW cuts to market perform from outperform
* Artisan Partners Asset Management Inc APAM.N : KBW raises target price to $40
from $37
* Asbury Automotive Group Inc ABG.N : JP Morgan raises target price to $240 from
$210
* Associated Banc-Corp ASB.N : Jefferies cuts target price to $17 from $18
* Autonation Inc AN.N : JP Morgan raises target price to $150 from $135
* Autozone Inc AZO.N : Evercore ISI cuts target price to $2,770 from $2,800
* Ball Corp BALL.N : Citigroup cuts price target to $60 from $61
* Bank of America Corp BAC.N : Jefferies cuts target price to $30 from $33
* Bank of Hawaii Corp BOH.N : Jefferies cuts target price to $40 from $52
* Berry Global Group Inc BERY.N : Citigroup raises price target to $79 from $72
* BJ'S Wholesale Club Holdings Inc BJ.N : Evercore ISI cuts target price to $71
from $72
* BlackRock Inc BLK.N : KBW raises target price to $835 from $770
* BlackRock Inc BLK.N : KBW raises to outperform from market perform
* Brighthouse Financial Inc BHF.O : JP Morgan raises target price to $56 from $50
* Brown & Brown Inc BRO.N : KBW raises target price to $73 from $71
* Cadence Bank CADE.N : Jefferies cuts target price to $21 from $22
* Calamp Corp CAMP.O : Jefferies cuts target price to $1.25 from $2
* Capital One Financial Corp COF.N : Jefferies raises target price to $110 from
$100
* Capital One Financial Corp COF.N : JP Morgan raises target price to $131 from
$112
* Cava Group Inc CAVA.N : Baird initiates coverage with outperform rating; price
target $50
* CH Robinson Worldwide Inc CHRW.O : JP Morgan cuts target price to $80 from $84
* Chesapeake Energy Corp CHK.O : Citigroup raises price target to $90 from $82
* Chevron Corp CVX.N : Citigroup cuts price target to $170 from $180
* Cincinnati Financial Corp CINF.O : KBW cuts target price to $115 from $120
* Citigroup Inc C.N : Jefferies cuts target price to $46 from $51
* Citizens Financial CFG.N : Jefferies cuts target price to $24 from $28
* CME Group Inc CME.O : Jefferies raises target price to $220 from $217
* CNA Financial Corp CNA.N : KBW cuts target price to $45 from $52
* Commerce Bancshares Inc CBSH.O : Jefferies cuts target price to $52 from $59
* Conocophillips COP.N : JP Morgan raises target price to $126 from $124
* Corebridge Financial Inc CRBG.N : JP Morgan raises target price to $26 from $25
* Corteva Inc CTVA.N : Jefferies cuts target price to $75 from $80
* Crown Holdings Inc CCK.N : Citigroup cuts price target to $102 from $104
* Cullen/Frost Bankers Inc CFR.N : Jefferies cuts target price to $100 from $108
* Customers Bancorp Inc CUBI.N : Jefferies raises target price to $39 from $25
* Discover Financial Services DFS.N : Jefferies raises target price to $135 from
$125
* Discover Financial Services DFS.N : JP Morgan raises target price to $135 from
$109
* Dollar Tree Inc DLTR.O : Evercore ISI cuts target price to $160 from $164
* Donegal Group Inc DGICA.O : KBW cuts target price to $14 from $15
* East West Bancorp Inc EWBC.O : Jefferies cuts target price to $67 from $71
* Enact Holdings Inc ACT.O : JP Morgan raises target price to $29 from $25
* Enviva Inc EVA.N : Citigroup cuts price target to $20 from $32
* Equitable Holdings Inc EQH.N : JP Morgan raises target price to $36 from $34
* Equitable Holdings Inc EQH.N : KBW raises target price to $36 from $35
* Federated Hermes Inc FHI.N : KBW cuts target price to $44 from $48
* Fifth Third Bancorp FITB.O : Jefferies cuts target price to $30 from $32
* First Horizon Corp FHN.N : Jefferies raises target price to $14 from $13
* Five Below Inc FIVE.O : Evercore ISI cuts target price to $205 from $210
* FMC Corp FMC.N : Jefferies cuts target price to $120 from $150
* FMC Corp FMC.N : RBC cuts target price to $105 from $136
* Fnb Corp FNB.N : Jefferies raises target price to $12 from $11
* Genworth Financial Inc GNW.N : KBW raises target price to $6 from $5.5
* Globe Life Inc GL.N : JP Morgan raises target price to $131 from $126
* Goldman Sachs GS.N : Jefferies cuts target price to $387 from $420
* Graphic Packaging Holding Co GPK.N : Citigroup cuts price target to $28 from
$30
* Group 1 Automotive Inc GPI.N : JP Morgan raises target price to $275 from $240
* Guild Holdings Co GHLD.N : JP Morgan raises target price to $14 from $12.5
* Gxo Logistics Inc GXO.N : JP Morgan raises target price to $71 from $61
* Hamilton Lane Inc HLNE.O : KBW raises target price to $84 from $80
* Hancock Whitney Corp HWC.O : Jefferies cuts to hold; cuts target price to $42
from $45
* Hanover Insurance Group Inc THG.N : KBW cuts target price to $127 from $141
* Hartford Financial Services Group Inc HIG.N : KBW cuts target price to $98 from
$99
* Haverty Furniture Companies Inc HVT.N : Benchmark initiates coverage with buy
rating
* Haverty Furniture Companies Inc HVT.N : Benchmark initiates coverage with PT
$41
* Heartland Express Inc HTLD.O : JP Morgan raises target price to $17 from $16
* Hess Corp HES.N : Citigroup cuts price target to $152 from $159
* Home Depot Inc HD.N : Evercore ISI cuts target price to $350 from $355
* Horace Mann Educators Corp HMN.N : KBW cuts target price to $33 from $37
* Huntington Bancshares Inc HBAN.O : Jefferies cuts target price to $10 rfom $11
* I3 Verticals Inc IIIV.O : Berenberg initiates coverage with buy rating and $30
PT
* Intercontinental Exchange Inc ICE.N : Jefferies raises target price to $129
from $127
* International Paper Co IP.N : Citigroup cuts price target to $30 from $32
* J B Hunt Transport Services Inc JBHT.O : JP Morgan raises target price to $208
from $204
* JP Morgan JPM.N : Jefferies raises to buy; raises target price to $165 from
$149
* Keycorp KEY.N : Jefferies cuts target price to $10 from $12
* KKR & Co Inc KKR.N : KBW raises target price to $71 from $70
* Knight-Swift Transportation Holdings Inc KNX.N : JP Morgan cuts PT to $54 from
$55
* Kroger Co KR.N : Evercore ISI cuts target price to $54 from $55
* Lincoln National Corp LNC.N : JP Morgan raises target price to $26 from $24
* Lithia Motors Inc LAD.N : JP Morgan raises target price to $335 from $275
* Lowe's Companies Inc LOW.N : Evercore ISI cuts target price to $220 from $225
* Marketaxess Holdings Inc MKTX.O : Jefferies cuts target price to $278 from $356
* Marsh & Mclennan MMC.N : KBW raises target price to $188 from $181
* Metlife Inc MET.N : JP Morgan raises target price to $85 from $80
* Mondelez MDLZ.O : Piper Sandler cuts target price to $82 from $83
* Morgan Stanley MS.N : Jefferies cuts target price to $106 from $112
* Mr Cooper Group Inc COOP.O : KBW raises target price to $52 from $50
* Nasdaq Inc NDAQ.O : JP Morgan cuts target price to $61 from $65
* Navient Corp NAVI.O : JP Morgan raises target price to $19.5 from $17
* New York Community Bancorp Inc NYCB.N : Jefferies raises target price to $13
from $12
* NMI Holdings Inc NMIH.O : JP Morgan raises target price to $31 from $25
* Norfolk Southern Corp NSC.N : JP Morgan raises target price to $258 from $250
* Northern Oil and Gas Inc NOG.N : RBC cuts target price to $42 from $45
* O-I Glass Inc OI.N : Citigroup cuts price target to $27 from $28
* Onemain Holdings Inc OMF.N : JP Morgan raises target price to $48 from $43
* Oportun Financial Corp OPRT.O : JP Morgan raises target price to $7 from $6.5
* O'Reilly Automotive Inc ORLY.O : Evercore ISI cuts target price to $1010 from
$1020
* Owens Corning OC.N : RBC raises target price to $135 from $111
* Packaging Corp of America PKG.N : Citigroup cuts price target to $128 from $131
* Payoneer Global Inc PAYO.O : Berenberg initiates coverage with buy rating; PT
$7
* Pennymac Financial Services Inc PFSI.N : KBW raises target price to $74 from
$66
* Penske Automotive Group Inc PAG.N : JP Morgan raises target price to $150 from
$135
* Pinnacle Financial Partners Inc PNFP.O : Jefferies raises target price to $50
from $47
* PNC Financial Services Group Inc PNC.N : Jefferies cuts target price to $115
from $118
* Primerica Inc PRI.N : KBW raises target price to $208 from $202
* Principal Financial Group Inc PFG.O : JP Morgan raises target price to $87 from
$83
* Principal Financial Group Inc PFG.O : KBW raises target price to $76 from $75
* Progressive Corp PGR.N : KBW cuts target price to $134 from $136
* Prudential Financial Inc PRU.N : JP Morgan raises target price to $121 from
$114
* Regions Financial Corp RF.N : Jefferies cuts target price to $19 from $20
* Reinsurance Group of America Inc RGA.N : JP Morgan raises target price to $168
from $141
* Rli Corp RLI.N : KBW cuts target price to $161 from $162
* Rocket Companies Inc RKT.N : JP Morgan raises target price to $11 from $9.5
* Rocket Companies Inc RKT.N : KBW raises target price to $7.5 from $7
* Sallie Mae SLM.O : JP Morgan raises target price to $19.5 from $17
* Sealed Air Corp SEE.N : Citigroup cuts price target to $43 from $48
* Selective Insurance Group Inc SIGI.O : KBW cuts target price to $103 from $106
* Sherwin-Williams Co SHW.N : Evercore ISI cuts target price to $270 from $275
* Silgan Holdings Inc SLGN.N : Citigroup cuts price target to $55 from $56
* Sonic Automotive Inc SAH.N : JP Morgan raises target price to $55 from $52
* Sonoco Products Co SON.N : Citigroup cuts price target to $68 from $70
* Spirit Airlines Inc SAVE.N : Citigroup raises price target to $19.5 from $19
* Stonex Group Inc SNEX.O : Jefferies cuts target price to $105 from $113
* Synchrony Financial SYF.N : JP Morgan raises target price to $38 from $32
* T Rowe price Group Inc TROW.O : KBW raises target price to $102 from $95
* Target Corp TGT.N : Evercore ISI cuts target price to $150 from $153
* Toast Inc TOST.N : Jefferies initiates coverage with buy rating and $28 target
price
* Tradeweb Markets Inc TW.O : JP Morgan cuts target price to $72 from $80
* Travelers Companies Inc TRV.N : KBW cuts target price to $191 from $195
* Truist Financial Corp TFC.N : Jefferies cuts to hold; cuts target price to $32
from $37
* Unum Group UNM.N : JP Morgan raises target price to $53 from $48
* Unum Group UNM.N : KBW raises target price to $58 from $57
* UPS UPS.N : JP Morgan cuts target price to $181 from $184
* US Bancorp USB.N : Jefferies cuts target price to $35 from $37
* UWM Holdings Corp UWMC.N : KBW raises target price to $5 from $4.5
* Verastem Inc VSTM.O : Truist Securities cuts target price to $39 from $60
* Verisign Inc VRSN.O : Baird cuts target price to $245 from $265
* Verisign Inc VRSN.O : Baird cuts to neutral
* Voya Financial Inc VOYA.N : JP Morgan adds stock to US focus list
* Voya Financial Inc VOYA.N : JP Morgan raises target price to $96 from $83
* W R Berkley Corp WRB.N : KBW cuts target price to $72 from $75
* Wayfair Inc W.N : Evercore ISI cuts target price to $64 from $65
* Wd-40 Co WDFC.O : Jefferies raises target price to $190 from $175
* Webster Financial Corp WBS.N : Jefferies cuts target price to $48 from $51
* Wells Fargo & Co WFC.N : Jefferies raises target price to $45 from $43
* Werner Enterprises Inc WERN.O : JP Morgan raises target price to $44 from $41
* Western Alliance Bancorp WAL.N : Jefferies cuts target price to $47 from $48
* Wintrust Financial Corp WTFC.O : Jefferies raises target price to $87 from $85
* Wisdomtree Inc WT.N : KBW cuts target price to $7.5 from $8
* Wynn Resorts Ltd WYNN.O : Citigroup cuts price target to $126 from $138
* XPO Inc XPO.N : JP Morgan raises target price to $68 from $55
* Zions Bancorporation Na ZION.O : Jefferies cuts to hold; cuts PT to $30 from
$37
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))