U.S. RESEARCH ROUNDUP- Adobe, Allstate, Teleflex
U.S. RESEARCH ROUNDUP- Adobe, Allstate, Teleflex June 8 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adobe, Allstate and Teleflex on Monday.
HIGHLIGHTS
* Adobe Inc ADBE.O: TD Cowen cuts target price to $285 from $310 |
* Allstate Corp ALL.N: KBW cuts target price to $242 from $266 |
* Fervo Energy Co FRVO.O: Piper Sandler initiates with overweight rating; target $51 |
* Insmed Inc INSM.O: Leerink Partners cuts target price to $205 from $215 |
* Teleflex Inc TFX.N: Piper Sandler raises to overweight from neutral |
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* Adobe Inc ADBE.O: Stifel cuts target price to $350 from $400 |
* Adobe Inc ADBE.O: TD Cowen cuts target price to $285 from $310 |
* Alcoa Corp AA.N: Jefferies raises target price to $100 from $82 |
* Alcoa Corporation AA.N: Wells Fargo raises target price to $82 from $70 |
* Allstate Corp ALL.N: KBW cuts target price to $242 from $266 |
* Allstate Corp ALL.N: KBW cuts to market perform from outperform |
* Amphenol Corp APH.N: Barclays raises target price to $198 from $180 |
* Apogee Therapeutics Inc APGE.O: RBC raises target price to $97 from $82 |
* Arista Networks ANET.N: BofA Global Research raises price objective to $200 from $185 |
* AST Spacemobile Inc ASTS.O: Barclays cuts target price to $60 from $65 |
* Avalonbay Communities Inc AVB.N: BMO raises target price to $210 from $187 |
* Avient Corp AVNT.N: Truist Securities initiates coverage with buy rating; target price $44 |
* BAT BTI.N: Morgan Stanley raises target price to $66.7 from $66.2 |
* Biogen BIIB.O: Needham raises to buy from hold |
* Black Rock Coffee Bar Inc BRCB.O: Piper Sandler initiates with neutral rating; PT $9 |
* Blackstone Digital Infrastructure Trust BXDC.N: Barclays initiates coverage with overweight rating |
* Blackstone Digital Infrastructure Trust BXDC.N: Barclays initiates coverage with target price $24 |
* Blackstone Digital Infrastructure Trust BXDC.N: Bernstein initiates coverage with outperform rating; PT $26 |
* Blackstone Digital Infrastructure Trust BXDC.N: Citigroup initiates coverage with neutral rating |
* Blackstone Digital Infrastructure Trust BXDC.N: Citigroup initiates coverage with target price $23 |
* Blackstone Digital Infrastructure Trust BXDC.N: Moffettnathanson initiates coverage with neutral rating |
* Blackstone Digital Infrastructure Trust BXDC.N: Moffettnathanson initiates coverage with target price $21 |
* Blackstone Digital Infrastructure Trust BXDC.N: RBC initiates with outperform rating; PT $24 |
* Blackstone Digital Infrastructure Trust BXDC.N: Wells Fargo initiates coverage with overweight rating |
* Blackstone Digital Infrastructure Trust BXDC.N: Wells Fargo initiates coverage with target price $26 |
* Blackstone Digital Infrastructure Trust Inc BXDC.N: BMO initiates coverage with market perform rating |
* Blackstone Digital Infrastructure Trust Inc BXDC.N: BMO initiates coverage with target price $23 |
* Blackstone Digital Infrastructure Trust Inc BXDC.N: Deutsche Bank initiates coverage with buy rating |
* Blackstone Digital Infrastructure Trust Inc BXDC.N: Deutsche Bank initiates coverage with target price $24 |
* Blackstone Secured Lending Fund BXSL.N: KBW cuts target price to $24 from $25 |
* Blackstone Secured Lending Fund BXSL.N: KBW cuts to market perform from outperform |
* Brown-Forman Corporation BFb.N: Barclays cuts target price to $27 from $28 |
* Brown-Forman Corporation BFb.N: BofA Global Research raises price objective to $28.00 from $26.50 |
* Brown-Forman Corporation BFB.N: BofA Global Research raises to neutral from underperform rating |
* Cabot Corp CBT.N: Truist Securities initiates coverage with buy rating; target price $98 |
* Camden Property Trust CPT.N: BMO raises target price to $122 from $115 |
* Centene Corp CNC.N: Mizuho raises target price to $63 from $58 |
* Centerspace CSR.N: Piper Sandler cuts target price to $64 from $72 |
* Centerspace CSR.N: Piper Sandler cuts to neutral from overweight |
* Century Aluminum Company CENX.O: Wells Fargo raises target price to $83 from $79 |
* Cerebras Systems Inc CBRS.O: Barclays initiates coverage with overweight rating and PT $280 |
* Cerebras Systems Inc CBRS.O: Citigroup initiates coverage with buy rating; PT $340 |
* Cerebras Systems Inc CBRS.O: Mizuho initiates coverage with outperform rating; target price $300 |
* Cerebras Systems Inc CBRS.O: Morgan Stanley initiates coverage with overweight rating |
* Cerebras Systems Inc CBRS.O: Morgan Stanley initiates coverage with target price $250 |
* Cerebras Systems Inc CBRS.O: Needham initiates coverage with buy rating; target price $300 |
* Cerebras Systems Inc CBRS.O: Rosenblatt Securities initiates coverage with buy rating |
* Cerebras Systems Inc CBRS.O: Rosenblatt Securities initiates coverage with target price $300 |
* Cerebras Systems Inc CBRS.O: TD Cowen initiates coverage with buy rating; PT $275 |
* Cerebras Systems Inc CBRS.O: UBS initiates coverage with buy rating and price $300 |
* Cerebras Systems Inc CBRS.O: Wedbush initiates coverage with outperform rating; PT $270 |
* Cheniere Energy Partners LP CQP.N: UBS cuts target price to $67 from $75 |
* Ciena Corp CIEN.N: Barclays raises target price to $607 from $372 |
* Cigna CI.N: Mizuho raises target price to $340 from $330 |
* Cisco Systems CSCO.O: BofA Global Research raises price objective to $150 from $135 |
* Cognizant CTSH.O: Wedbush raises target price to $70 from $56 |
* Cognizant CTSH.O: Wedbush raises to outperform from neutral |
* Comfort Systems USA Inc FIX.N: UBS raises target price to $2125 from $1992 |
* Cummins Inc CMI.N: UBS raises target price to $850 from $565 |
* Cummins Inc CMI.N: UBS raises to buy from neutral |
* CVS Health Corp CVS.N: Mizuho raises target price to $115 from $110 |
* CVS Health Corp CVS.N: UBS raises target price to $115 from $100 |
* Damora Therapeutics Inc DMRA.O: TD Cowen initiates coverage with buy rating |
* Datadog Inc (Pre-Reincorporation) DDOG.O: BofA Global Research raises price objective to $280 from $260 |
* Eaglerock Land Llc EROK.N: Barclays initiates coverage with overweight rating and target price $25 |
* Eaglerock Land Llc EROK.N: JP Morgan initiates coverage with overweight rating; target price $25 |
* Eaglerock Land Llc EROK.N: Piper Sandler initiates with overweight rating; target $28 |
* Eaglerock Land Llc EROK.N: Raymond James initiates coverage with outperform rating; PT $25 |
* Eaglerock Land Llc EROK.N: Texas Capital Securities initiates coverage with buy rating; PT $29 |
* Elevance Health ELV.N: Mizuho raises target price to $465 from $435 |
* Entergy Corp ETR.N: Wells Fargo raises target price to $131 from $128 |
* Equity Residential EQR.N: BMO raises target price to $75 from $68 |
* Essex Property Trust Inc ESS.N: BMO raises target price to $300 from $280 |
* Extreme Networks Inc EXTR.O: BofA Global Research raises price objective to $33 from $28 |
* Federal Realty Investment Trust FRT.N: Truist Securities ups price to $118 from $112 |
* Fervo Energy Co FRVO.O: Barclays initiates coverage with overweight rating and target price $47 |
* Fervo Energy Co FRVO.O: Bernstein initiates coverage with outperform rating; PT $47 |
* Fervo Energy Co FRVO.O: JP Morgan initiates with overweight rating; target price $47 |
* Fervo Energy Co FRVO.O: Piper Sandler initiates with overweight rating; target $51 |
* Fervo Energy Co FRVO.O: RBC initiates coverage with outperform rating; target price $46 |
* First Tracks Biotherapeutics Inc. TRAX.O: Wells Fargo initiates coverage with overweight rating |
* First Tracks Biotherapeutics Inc. TRAX.O: Wells Fargo initiates coverage with target price $30 |
* Fortinet Inc FTNT.O: BofA Global Research raises price objective to $180 from $130 |
* Fortinet Inc FTNT.O: TD Cowen raises target price to $160 from $125 |
* Freeport-Mcmoran Inc FCX.N: Jefferies raises target price to $85 from $75 |
* G-III Apparel Group Ltd GIII.O: Telsey Advisory Group raises target price to $38 from $29 |
* GMR Solutions Inc GMRS.N: Citigroup initiates coverage with buy rating; price $17 |
* Guardant Health Inc GH.O: Mizuho raises target price to $175 from $135 |
* Humana HUM.N: Mizuho raises target price to $390 from $335 |
* iBio Inc IBIO.O: Raymond James initiates coverage with outperform rating; target price $5 |
* Innovex International Inc INVX.N: Jefferies initiates coverage with buy rating; target price $34 |
* Insmed Inc INSM.O: JP Morgan cuts target price to $179 from $180 |
* Insmed Inc INSM.O: Leerink Partners cuts target price to $205 from $215 |
* IQVIA Holdings Inc IQV.N: TD Cowen raises target price to $233 from $213 |
* Jefferies Financial Group Inc JEF.N: BMO raises target price to $60 from $42 |
* Jfrog Ltd FROG.O: BofA Global Research raises price objective to $100 from $85 |
* Kontoor Brands Inc KTB.N: JP Morgan initiates coverage with overweight rating; PT $90 |
* Lennar Corp LEN.N: BTIG cuts target price to $73 from $77 |
* Micron Technology Inc MU.O: Wells Fargo raises target price to $1,220 from $550 |
* Moderna MRNA.O: BofA Global Research raises price objective to $34 from $32 |
* Molina Healthcare Inc MOH.N: Mizuho raises target price to $215 from $200 |
* MongoDB Inc MDB.O: BofA Global Research raises price objective to $450 from $390 |
* Navan Inc NAVN.O: Rosenblatt Securities raises target price to $24 from $20 |
* Nextpower Inc NXT.O: Mizuho raises target price to $142 from $130 |
* Nurix Therapeutics Inc NRIX.O: Needham raises target price to $34 from $26 |
* Oracle Corporation ORCL.N: Oppenheimer raises target price to $275 from $235 |
* Park Hotels & Resorts Inc PK.N: UBS raises target price to $14 from $11 |
* Plus Therapeutics Inc PSTV.O: Ascendiant Capital Markets cuts target to $57 from $65 |
* Quaker Houghton KWR.N: Truist Securities initiates coverage with buy rating; PT $172 |
* Sandisk Corp SNDK.O: BofA Global Research raises price objective to $2,100 from $1,550 |
* Sandisk Corp SNDK.O: Mizuho raises target price to $2,200 from $1,825 |
* Scotts Miracle-Gro Co SMG.N: Stifel cuts target price to $75 from $76 |
* Septerna Inc SEPN.O: Raymond James raises target price to $53 from $47 |
* Snowflake Inc SNOW.N: Scotiabank raises target price to $320 from $285 |
* Solstice Advanced Materials Inc SOLS.O: Truist Securities initiates coverage with hold rating |
* Solstice Advanced Materials Inc SOLS.O: Truist Securities initiates coverage with target price $90 |
* Sportradar Group AG SRAD.O: Needham raises target price to $23 from $19 |
* Teleflex Inc TFX.N: Piper Sandler raises target price to $160 from $140 |
* Teleflex Inc TFX.N: Piper Sandler raises to overweight from neutral |
* Tvardi Therapeutics Inc TVRD.O: H.C. Wainwright initiates coverage with buy rating |
* Tvardi Therapeutics Inc TVRD.O: H.C. Wainwright initiates coverage with price $9 |
* UnitedHealth UNH.N: Mizuho raises target price to $460 from $440 |
* Vail Resorts Inc MTN.N: Mizuho cuts target price to $191 from $200 |
* Victoria's Secret & Co VSXY.N: JP Morgan raises target price to $88 from $77 |
* Voya Financial Inc VOYA.N: Raymond James raises to strong buy from market perform |
* W.R. Berkley Corporation WRB.N: Wells Fargo cuts target price to $58 from $64 |
* W.R. Berkley Corporation WRB.N: Wells Fargo cuts to underweight from equal weight |
* Western Digital Corp WDC.O: Mizuho raises target price to $685 from $550 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
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