US RESEARCH ROUNDUP-Acuity, Dell Technologies, Nike

Baker Hughes

29/09/2026 08:58

Sept 29 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several US-listed companies, including Acuity, Dell Technologies, and Nike, on Tuesday.
     
HIGHLIGHTS     
* Acuity AYI.N: Oppenheimer cuts target price to $440 from $465
* Dell Technologies Inc DELL.N: TD Cowen raises PT to $550 from $500
* Nike NKE.N: RBC cuts target price to $40 from $45
* Pepsico PEP.O: JP Morgan cuts to neutral from overweight
* Spacex SPCX.O: TD Cowen initiates coverage with buy rating; PT $200

The following is a summary of research actions on US companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.

* 10X Genomics TXG.O: Leerink Partners raises target price to $90 from $40
* Acuity AYI.N: Oppenheimer cuts target price to $440 from $465
* Adicet Bio ACET.O: Wedbush raises target price to $28 from $25
* Alexandria Real Estate Equities ARE.N: Exane BNP Paribas cuts PT to $40 from $48
* Ameren Corp AEE.N: Scotiabank initiates coverage with price target $104
* Ameren Corp AEE.N: Scotiabank initiates coverage with sector perform rating
* American Eagle Outfitters AEO.N: BMO raises target price to $20 from $18
* Argan AGX.N: JP Morgan cuts target price to $785 from $800
* Array Technologies ARRY.O: Jefferies reinstates coverage with buy rating; PT $7
* Atlas Energy Solutions AESI.N: Scotiabank initiates coverage with price target $17
* Atlas Energy Solutions AESI.N: Scotiabank initiates coverage with sector outperform rating
* Axsome Therapeutics AXSM.O: Deutsche Bank cuts PT to $267 from $280
* Baker Hughes Company BKR.O: Jefferies cuts target price to $77 from $80
* Baker Hughes Company BKR.O: TD Cowen cuts target price to $76 from $78
* Bloom Energy Corporation BE.N: Jefferies raises PT to $264 from $229
* Bloomin' Brands Inc BLMN.O: JP Morgan raises target price to $13 from $6
* Bloomin' Brands Inc BLMN.O: JP Morgan raises to neutral from underweight
* Bruker Corporation BRKR.O: Leerink Partners raises PT to $80 from $60
* Butterfly Network BFLY.N: Evercore ISI initiates coverage with outperform rating
* Butterfly Network BFLY.N: Evercore ISI initiates coverage with PT $15
* Cable One Inc CABO.N: BNP Paribas cuts target price to $13 from $40
* Chewy Inc CHWY.N: Mizuho cuts target price to $28 from $32
* Cintas Corporation CTAS.O: Argus Research raises PT to $240 from $230
* Coinbase Global Inc COIN.O: KBW resumes coverage with outperform rating
* Coinbase Global Inc COIN.O: KBW resumes coverage with PT $237
* Dell Technologies Inc DELL.N: TD Cowen raises PT to $550 from $500
* Deluxe DLX.N: Barrington Research initiates coverage with outperform rating
* Deluxe DLX.N: Barrington Research initiates coverage with target price $31
* Dte Energy Company DTE.N: BMO cuts target price to $132 from $143
* Enphase Energy ENPH.O: Citigroup cuts target price to $37 from $40
* EQT Corporation EQT.N: Jefferies cuts target price to $73 from $75
* Fis FIS.N: Deutsche Bank cuts target price to $40 from $45
* Fortrea Holdings Inc FTRE.O: Baird raises target price to $24 from $23
* Fuelcell Energy FCEL.O: Oppenheimer starts coverage with outperform rating; PT $24
* Gemini Space Station Inc GEMI.O: KBW cuts target price to $5.5 from $27
* Generac Holdings GNRC.N: Citigroup cuts target price to $232 from $300
* Generac Holdings Inc GNRC.N: Jefferies cuts target price to $279 from $286
* H.B. Fuller FUL.N: Deutsche Bank cuts target price to $62 from $72
* Hinge Health Inc HNGE.N: BofA Global Research reinstates coverage with buy rating
* Hinge Health Inc HNGE.N: BofA Global Research reinstates coverage with PT $110
* Illumina Inc ILMN.O: Leerink Partners raises target price to $300 from $220
* Iovance Biotherapeutics Inc IOVA.O: H.C. Wainwright raises PT to $20 from $9
* Iovance Biotherapeutics Inc IOVA.O: TD Cowen raises PT to $16 from $10
* Iqvia Holdings IQV.N: Baird raises target price to $324 from $287
* Iqvia Holdings IQV.N: RBC raises target price to $319 from $247
* J&J JNJ.N: BofA Global Research raises price objective to $278 from $263
* J&J JNJ.N: JP Morgan raises target price to $285 from $270
* Jefferies Financial Group JEF.N: Oppenheimer cuts PT to $71 from $76
* Jefferies Financial Group Inc JEF.N: BMO cuts target price to $50 from $57
* Jefferies Financial Group Inc JEF.N: Morgan Stanley cuts PT to $49 from $50
* Kodiak Sciences KOD.O: Jefferies raises target price to $112 from $56
* Kodiak Sciences KOD.O: JP Morgan raises target price to $124 from $69
* Liberty Energy LBRT.N: Scotiabank initiates coverage with price target $19
* Liberty Energy LBRT.N: Scotiabank initiates coverage with sector perform rating
* Lifecore Biomedical LFCR.O: Barrington Research cuts to market perform from outperform
* Mach Natural Resources LP MNR.N: Raymond James cuts PT to $16 from $19
* Mastec Inc MTZ.N: Clear Street cuts target price to $470 from $545
* Medpace Holdings MEDP.O: Baird raises target price to $638 from $624
* Merck & Co Inc MRK.N: Scotiabank raises target price to $180 from $155
* Mirum Pharmaceuticals MIRM.O: Citigroup raises target price to $160 from $145
* National Energy Services Reunited Corp NESR.O: UBS cuts PT to $46 from $47
* National Fuel Gas Company NFG.N: JP Morgan ups PT to $91 from $89
* Netflix NFLX.O: Deutsche Bank ups to buy from hold; cuts PT to $95 from $100
* New Era Energy & Digital NUAI.O: B. Riley Securities ups PT to $13 from $10
* Nexpoint Residential Trust Inc NXRT.N: Truist Securities cuts PT to $18 from $26
* Nike NKE.N: RBC cuts target price to $40 from $45
* NiSource NI.N: Scotiabank initiates coverage with sector perform rating; PT $43
* Oge Energy OGE.N: Scotiabank initiates coverage with price target $49
* Oge Energy OGE.N: Scotiabank initiates coverage with sector outperform rating
* Okta OKTA.O: Morgan Stanley raises target price to $245 from $200
* One Gas OGS.N: Scotiabank initiates coverage with price target $86
* One Gas OGS.N: Scotiabank initiates coverage with sector outperform rating
* Optimizerx OPRX.O: B. Riley Securities ups PT to $11 from $10
* Paycom Software PAYC.N: BofA Global Research reinstates coverage with PT $200
* Paycom Software PAYC.N: BofA Global Research reinstates coverage with underperform rating
* Paylocity Holding PCTY.O: BofA Global Research reinstates coverage with buy rating
* Paylocity Holding PCTY.O: BofA Global Research reinstates coverage with PT $175
* Pepsico PEP.O: JP Morgan cuts target price to $138 from $170
* Pepsico PEP.O: JP Morgan cuts to neutral from overweight
* Perimeter Solutions Inc PRM.N: UBS cuts target price to $38 from $42
* Pershing Square Inc PS.N: Jonestrading cuts to hold from buy
* Pinnacle West Capital PNW.N: Scotiabank initiates coverage with PT $104
* Pinnacle West Capital PNW.N: Scotiabank initiates coverage with sector outperform rating
* Ppl Corp PPL.N: Scotiabank initiates coverage with price target $36
* Ppl Corp PPL.N: Scotiabank initiates coverage with sector outperform rating
* Propetro Holding PUMP.N: Scotiabank initiates coverage with PT $12
* Propetro Holding PUMP.N: Scotiabank initiates coverage with sector perform rating
* Q32 Bio QTTB.O: Clear Street initiates coverage with buy rating; PT $38
* Riot Platforms RIOT.O: B. Riley Securities raises target price to $33 from $28
* Robinhood Markets HOOD.O: BTIG raises target price to $135 from $125
* Robinhood Markets HOOD.O: Deutsche Bank cuts PT to $134 from $138
* Robinhood Markets HOOD.O: KBW raises target price to $115 from $100
* Rollins Inc ROL.N: Morgan Stanley cuts target price to $45 from $60
* Ryder System R.N: Baird cuts target price to $245 from $290
* Ryder System R.N: Baird cuts to neutral from outperform
* Scotts Miracle-Gro Co SMG.N: Stifel cuts target price to $75 from $76
* Sempra SRE.N: Scotiabank initiates coverage with sector perform rating; PT $83
* Southwest Gas Holdings SWX.N: Scotiabank initiates coverage with PT $95
* Southwest Gas Holdings SWX.N: Scotiabank initiates coverage with sector outperform rating
* Spacex SPCX.O: TD Cowen initiates coverage with buy rating; PT $200
* Spire Inc SR.N: Scotiabank initiates coverage with price target $79
* Spire Inc SR.N: Scotiabank initiates coverage with sector perform rating
* Staar Surgical Company STAA.O: Stifel ups to buy from hold; ups PT to $31 from $28
* Stitch Fix SFIX.O: Mizuho cuts target price to $2.5 from $3
* Stitch Fix SFIX.O: Mizuho raises to neutral from underperform
* Summit Therapeutics SMMT.O: Citigroup raises target price to $43 from $40
* Summit Therapeutics SMMT.O: Jefferies raises target price to $30 from $25
* Summit Therapeutics SMMT.O: Leerink Partners ups PT to $13 from $11
* Sweetgreen SG.N: RBC raises target price to $11 from $6.5
* Twist Bioscience TWST.O: Leerink Partners raises PT to $190 from $160
* UGI Corp UGI.N: Scotiabank initiates coverage with price target $46
* UGI Corp UGI.N: Scotiabank initiates coverage with sector outperform rating
* Unicycive Therapeutics, Inc. UNCY.O: H.C. Wainwright cuts target price to $13 from $15 
* Vail Resorts MTN.N: Deutsche Bank cuts target price to $132 from $138
* Vail Resorts MTN.N: Jefferies cuts target price to $162 from $165
* Vail Resorts MTN.N: JP Morgan raises target price to $150 from $126
* Vail Resorts MTN.N: Mizuho cuts target price to $156 from $160
* Vail Resorts MTN.N: Stifel cuts target price to $157 from $161
* Vail Resorts MTN.N: Truist Securities cuts target price to $191 from $195
* Veon Ltd VEON.O: Northland Capital raises target price to $85
* Walmart WMT.O: Mizuho cuts target price to $125 from $130
* Warner Bros. Discovery WBD.O: Argus Research cuts to sell rating
* Wayfair W.N: Mizuho raises target price to $110 from $90
* Xcel Energy XEL.O: Scotiabank initiates coverage with price target $77
* Xcel Energy XEL.O: Scotiabank initiates coverage with sector outperform rating
 

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