U.S. RESEARCH ROUNDUP-Darden Restaurants, Fedex, Nike

Ball

22/03/2024 06:50

March 22 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Darden Restaurants, Fedex and Nike, on
Friday.
    
  HIGHLIGHTS        
     * Darden Restaurants  DRI.N : JP Morgan cuts PT to $176 from $180 
     * Fedex Corp  FDX.N : Baird raises target price to $325 from $315 
     * Nike  NKE.N : Jefferies cuts target price to $100 from $110 
     * Penumbra  PEN.N : Truist Securities cuts target price to $280 from $290 
     * Roper Technologies  ROP.O : Oppenheimer raises PT to $650 from $580 
 
Following is a summary of research actions on U.S. companies reported by Reuters on Friday.
Stock entries are in alphabetical order.  
     
     * Academy Sports and Outdoors  ASO.O : TD Cowen cuts PT to $82 from $86 
     * AGNC Investment Corp  AGNC.O : Jonestrading initiates coverage with buy rating; PT $10.75 
     * ARS Pharmaceuticals  SPRY.O : Leerink Partners raises PT to $19 from $18 
     * Ball Corp  BALL.N : Jefferies raises target price to $78 from $69 
     * Best buy Co  BBY.N : JP Morgan raises target price to $101 from $89 
     * Best buy Co  BBY.N : JP Morgan raises to overweight from neutral 
     * Cargo Therapeutics  CRGX.O : Jefferies raises PT to $32 from $28 
     * Centerspace  CSR.N : Piper Sandler raises target price to $63 from $62 
     * Community Healthcare Trust  CHCT.N : Piper Sandler cuts PT to $36 from $40 
     * Darden Restaurants  DRI.N : JP Morgan cuts PT to $176 from $180 
     * Dianthus Therapeutics  DNTH.O : Jefferies raises PT to $39 from $22 
     * Douglas Emmett  DEI.N : Piper Sandler cuts PT to $15 from $17 
     * Dupont  DD.N : JP Morgan raises target price to $85 from $76 
     * Exxon Mobil  XOM.N : Gerdes Energy Research cuts to neutral from buy 
     * Fedex Corp  FDX.N : Baird raises target price to $325 from $315 
     * Fedex Corp  FDX.N : Jefferies raises target price to $300 from $265 
     * Hirequest  HQI.O : D.A. Davidson cuts target price to $23 from $25 
     * Hudson Pacific Properties  HPP.N : Piper Sandler cuts PT to $9 from $11 
     * Inari Medical  NARI.O : Truist Securities cuts PT to $52 from $61 
     * KB Home  KBH.N : Barclays raises target price to $77 from $75 
     * Legalzoom.Com  LZ.O : JP Morgan raises PT to $16 from $14 
     * Matador Resources Co  MTDR.N : Gerdes Energy Research cuts to neutral from buy 
     * Myers Industries  MYE.N : KeyBanc raises PT to $30 from $22 
     * Nike  NKE.N : Jefferies cuts target price to $100 from $110 
     * Nike  NKE.N : Piper Sandler cuts target price to $98 from $107 
     * Nike  NKE.N : TD Cowen cuts target price to $91 from $104 
     * Nkarta  NKTX.O : Mizuho cuts target price to $25 from $31 
     * Ovintiv  OVV.N : CIBC raises target price to $58 from $50 
     * Penumbra  PEN.N : Truist Securities cuts target price to $280 from $290 
     * Roper Technologies  ROP.O : Oppenheimer raises PT to $650 from $580 
     * Smith Micro Software  SMSI.O : Benchmark cuts PT to $2.5 from $3.5 
     * Tela Bio  TELA.O : Piper Sandler cuts target price to $12 from $15 
     * Terreno Realty Corp  TRNO.N : Piper Sandler raises PT to $73 from $70 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))