U.S. RESEARCH ROUNDUP-Centennial Resource Development, Garmin, QEP Resources

Avid Technology

07/06/2019 08:19

June 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Centennial Resource Development, Garmin Ltd and QEP
Resources, on Friday. 
    
    HIGHLIGHTS
     * Centennial Resource Development  CDEV.O : JP Morgan cuts to neutral from overweight
     * Garmin Ltd  GRMN.O : JP Morgan assumes coverage with neutral vs underweight rating
     * QEP Resources Inc  QEP.N : JP Morgan cuts to underweight from neutral
    
Following is a summary of research actions on U.S. companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
     
     * Arista Networks Inc  ANET.N : Credit Suisse cuts target price to $340 from $344
     * Arista Networks Inc  ANET.N : Morgan Stanley cuts target price to $275 from $300
     * Avid Technology Inc  AVID.O : Jefferies raises target price to $8.50 from $6.50
     * Beyond Meat Inc  BYND.O : JP Morgan raises target price to $120 from $97
     * Callon Petroleum Co  CPE.N : JP Morgan cuts target price to $10 from $11
     * Centennial Resource Development  CDEV.O : JP Morgan cuts price target to $10 from $11
     * Centennial Resource Development  CDEV.O : JP Morgan cuts to neutral from overweight
     * Churchill Downs Inc  CHDN.O : Jefferies raises target price to $126 from $110
     * Ciena Corp  CIEN.N : Cowen and Company raises price target to $54 from $51
     * Ciena Corp  CIEN.N : Jefferies raises target price to $55 from $50
     * Ciena Corp  CIEN.N : Morgan Stanley raises target price to $41 from $35
     * Cincinnati Bell Inc  CBB.N : Morgan Stanley cuts target price to $8 from $10
     * Cloudera Inc  CLDR.N : Morgan Stanley cuts target price to $7 from $15
     * Docusign Inc  DOCU.O : Morgan Stanley cuts target price to $61 from $64
     * Garmin Ltd  GRMN.O : JP Morgan assumes coverage with neutral vs underweight rating
     * Garmin Ltd  GRMN.O : JP Morgan assumes coverage with price target $75 vs $77
     * J M Smucker Co  SJM.N : Morgan Stanley raises target price to $120 from $117
     * Matador Resources Co  MTDR.N : JP Morgan cuts price target to $26 from $28
     * Matador Resources Co  MTDR.N : JP Morgan raises to overweight from neutral
     * Micron Technology Inc  MU.O : Cowen and Company cuts price target to $38 from $45
     * Mongodb Inc  MDB.O : Morgan Stanley raises target price to $156 from $153
     * Monster Beverage Corp  MNST.O : JP Morgan raises price target to $69 from $66
     * Nevro Corp  NVRO.N : JP Morgan raises target price to $55 from $45
     * Pagerduty Inc  PD.N : JP Morgan raises target price to $60 from $55
     * Pagerduty Inc  PD.N : RBC raises price target to $49 from $47
     * QEP Resources Inc  QEP.N : JP Morgan cuts price target to $9 from $11
     * QEP Resources Inc  QEP.N : JP Morgan cuts to underweight from neutral
     * Realogy Holdings Corp  RLGY.N : Evercore ISI cuts target price to $8 from $11
     * Seagate Technology Plc  STX.O : Cowen and Company cuts price target to $47 from $50
     * Vail Resorts Inc  MTN.N : Jefferies raises target price to $246 from $233
     * Vail Resorts Inc  MTN.N : SunTrust Robinson raises target price to $247 from $242
     * Western Digital Corp  WDC.O : Cowen and Company cuts price target to $40 from $44
     * Zoom Video Communications Inc  ZM.O : Credit Suisse raises price target to $90 from $80
    

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