U.S. RESEARCH ROUNDUP-Advanced Energy Industries, Entegris, Steel Dynamics

Bank of NT Butterfield & Son

24/03/2020 07:57

March 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Advanced Energy Industries, Entegris and Steel
Dynamics, on Tuesday. 
    
  HIGHLIGHTS
    
     * Advanced Energy Industries Inc  AEIS.O : Citigroup cuts to neutral from buy
     * Commercial Metals Co  CMC.N : Citigroup raises to buy from neutral
     * Entegris Inc  ENTG.O : Citigroup raises to buy from neutral
     * Magna International Inc  MGA.N : Keybanc raises to overweight from sector weight
     * Steel Dynamics Inc  STLD.O : Keybanc raises to overweight from sector weight
 
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
    
     * Advanced Energy Industries Inc  AEIS.O : Citigroup cuts to neutral from buy
     * Advanced Energy Industries Inc  AEIS.O : Citigroup cuts price target to $40 from $87
     * American Electric Power Company Inc  AEP.N : JP Morgan cuts target price to $90 from $102
     * Applied Materials Inc  AMAT.O : Citigroup cuts price target to $58 from $76
     * Applied Materials Inc  AMAT.O : Cowen and Company cuts target price to $60 from $78
     * ArcelorMittal  MT.N : Keybanc cuts target price to $13 from $23
     * Asgn Inc  ASGN.N : Credit Suisse cuts target price to $36.5 from $48
     * Ashland Global Holdings Inc  ASH.N : Credit Suisse cuts target price to $72 from $88
     * Avianca Holdings  AVH.N : Citigroup cuts price target to $0.95 from $4.6
     * Azul SA  AZUL.N : Citigroup cuts price target to $13 from $48
     * Bank of N.T. Butterfield & Son Ltd  NTB.N : Citigroup cuts price target to $15 from $37
     * Bank Ozk  OZK.O : Citigroup cuts price target to $24 from $34
     * CIT Group Inc  CIT.N : Citigroup cuts price target to $27 from $57
     * Cleveland-Cliffs Inc  CLF.N : Citigroup cuts price target to $3.5 from $6
     * Commercial Metals Co  CMC.N : Citigroup raises to buy from neutral
     * Commercial Metals Co  CMC.N : Citigroup cuts price target to $22 from $24
     * Cummins Inc  CMI.N : Citigroup cuts price target to $150 from $160
     * Cummins Inc  CMI.N : Jefferies cuts target price to $117 from $170
     * Dana Inc  DAN.N : Keybanc cuts target price to $13 from $18
     * Entegris Inc  ENTG.O : Citigroup raises to buy from neutral
     * Entegris Inc  ENTG.O : Citigroup cuts price target to $50 from $61
     * Euronet Worldwide Inc  EEFT.O : Citigroup cuts price target to $100 from $120
     * Everbridge Inc  EVBG.O : Canaccord Genuity raises target price to $125 from $105
     * First Bancorp  FBP.N : Citigroup cuts price target to $4.5 from $11
     * First Republic Bank  FRC.N : Citigroup cuts price target to $88 from $125
     * Gildan Activewear Inc  GIL.N : CIBC cuts target price to $16 from $31
     * Gol Linhas Aereas Inteligentes SA  GOL.N : Citigroup cuts price target to $5 from $13
     * Home Bancshares Inc  HOMB.O : Citigroup cuts price target to $12 from $21
     * Irobot Corp  IRBT.O : JP Morgan cuts target price to $43 from $48
     * Kla Corp  KLAC.O : Citigroup cuts price target to $158 from $196
     * Lam Research Corp  LRCX.O : Citigroup cuts price target to $275 from $363
     * Latam Airlines Group  LTM.N : Citigroup cuts price target to $4 from $14
     * Lear Corp  LEA.N : Keybanc cuts target price to $115 from $130
     * Magna International Inc  MGA.N : Keybanc raises to overweight from sector weight
     * Manpowergroup Inc  MAN.N : Credit Suisse cuts target price to $45.5 from $60
     * Meritor Inc  MTOR.N : Keybanc cuts target price to $21 from $28
     * Micron Technology Inc  MU.O : Keybanc cuts target price to $48 from $63
     * Milestone Pharmaceuticals Inc  MIST.O : Piper Sandler cuts to neutral from overweight
     * Milestone Pharmaceuticals Inc  MIST.O : Piper Sandler cuts target price to $3 from $26.50
     * Millendo Therapeutics Inc  MLND.O : Citigroup cuts price target to $20 from $23
     * MKS Instruments  MKSI.O : Citigroup cuts to neutral from buy; cuts TP to $85 from $130
     * Navistar International Corp  NAV.N : Jefferies cuts target price to $30 from $45
     * Newmont  NEM.N : CIBC cuts target price to $57 from $58
     * Nucor Corp  NUE.N : Citigroup cuts price target to $54 from $61
     * Nucor Corp  NUE.N : Keybanc cuts target price to $43 from $60
     * Paccar Inc  PCAR.O : Jefferies cuts target price to $65 from $88
     * Passage Bio  PASG.O : JP Morgan initiates with overweight rating and price target of $25
     * Perrigo Company Plc  PRGO.N : JP Morgan raises to overweight from neutral
     * Popular Inc  BPOP.O : Citigroup cuts price target to $37 from $66
     * Reliance Steel & Aluminum Co  RS.N : Keybanc cuts target price to $88 from $121
     * Robert Half International Inc  RHI.N : Credit Suisse cuts target price to $32 from $42
     * Steel Dynamics Inc  STLD.O : Citigroup cuts price target to $35 from $42
     * Steel Dynamics Inc  STLD.O : Keybanc raises to overweight from sector weight
     * Sterling Bancorp  STL.N : Citigroup cuts price target to $9 from $23
     * Twitter Inc  TWTR.N : Baird cuts target price to $27 from $30
     * Twitter Inc  TWTR.N : JP Morgan cuts target price to $29 from $35
     * Ulta Beauty Inc  ULTA.O : Oppenheimer cuts target price to $220 from $275
     * United States Steel Corp  X.N : Citigroup cuts price target to $5.5 from $11
     * Valley National Bancorp  VLY.O : Citigroup cuts price target to $7 from $11
     * Western Alliance Bancorp  WAL.N : Citigroup cuts price target to $41 from $68
     * Zillow Group Inc  ZG.O : Jefferies raises target price to $30 from $28
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))