U.S. RESEARCH ROUNDUP-Connectone Bancorp, Hormel Foods, UMB Financial

Boston Beer

31/05/2024 08:04

May 31 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Connectone Bancorp, Hormel Foods and UMB
Financial, on Friday.
    
  HIGHLIGHTS        
    
                 * Connectone Bancorp Inc  CNOB.O : KBW cuts to market perform from outperform 
 
                 * Hancock Whitney Corp  HWC.O : KBW raises to outperform from market perform 
 
                 * Hormel Foods Corp  HRL.N : JP Morgan raises to neutral from underweight 
 
                 * NetApp Inc  NTAP.O : JP Morgan raises to neutral from underweight 
 
                 * UMB Financial Corp  UMBF.O : KBW raises to outperform from market perform 
 
                
Following is a summary of research actions on U.S. companies reported by Reuters on Friday.
Stock entries are in alphabetical order.    
  
                 * Best buy Co Inc  BBY.N : D.A. Davidson raises target price to $95 from $90 
 
                 * Boston Beer Company Inc  SAM.N : Jefferies cuts target price to $355 from $360 
 
                 * Burlington Stores Inc  BURL.N : Barclays raises target price to $274 from $252 
 
                 * Burlington Stores Inc  BURL.N : Jefferies raises target price to $275 from $260 
 
                 * Burlington Stores Inc  BURL.N : TD Cowen raises target price to $257 from $209 
 
                 * Celsius Holdings Inc  CELH.O : Jefferies cuts target price to $104 from $105 
 
                 * Connectone Bancorp Inc  CNOB.O : KBW cuts target price to $22 from $24 
 
                 * Connectone Bancorp Inc  CNOB.O : KBW cuts to market perform from outperform 
 
                 * Constellation Brands Inc  STZ.N : Jefferies cuts target price to $310 from $311 
 
                 * Costco Wholesale Corp  COST.O : Roth MKM raises target price to $676 from $650 
 
                 * Dell Technologies Inc  DELL.N : Melius Research raises target price to $186 from $152 
 
                 * Destination Xl Group Inc  DXLG.O : D.A. Davidson cuts target price to $6 from $7 
 
                 * Dollar General Corp  DG.N : Jefferies cuts target price to $160 from $175 
 
                 * Dollar General Corp  DG.N : JP Morgan cuts target price to $137 from $161 
 
                 * Dollar General Corp  DG.N : Telsey Advisory Group cuts target price to $168 from $170 
 
                 * Draftkings Inc  DKNG.O : Berenberg cuts target price to $41.5 from $43 
 
                 * Foot Locker Inc  FL.N : Barclays raises target price to $27 from $22 
 
                 * Foot Locker Inc  FL.N : Telsey Advisory Group raises target price to $27 from $26 
 
                 * Hancock Whitney Corp  HWC.O : KBW raises target price to $55 from $50 
 
                 * Hancock Whitney Corp  HWC.O : KBW raises to outperform from market perform 
 
                 * Heartland Financial USA Inc  HTLF.O : KBW raises target price to $54 from $51 
 
                 * Heartland Financial USA Inc  HTLF.O : KBW raises to outperform from market perform 
 
                 * Hormel Foods Corp  HRL.N : JP Morgan raises target price to $29 from $28 
 
                 * Hormel Foods Corp  HRL.N : JP Morgan raises to neutral from underweight 
 
                 * Keurig DR Pepper Inc  KDP.O : Jefferies raises target price to $40 from $39 
 
                 * Kohls Corp  KSS.N : Jefferies cuts target price to $19 from $23 
 
                 * Kohls Corp  KSS.N : JP Morgan cuts target price to $20 from $25 
 
                 * Kohls Corp  KSS.N : TD Cowen cuts target price to $25 from $31 -
 
                 * Magnolia Oil & Gas Corp  MGY.N : Truist Securities raises target price to $35 from $33 
 
                 * Mbia Inc  MBI.N : KBW cuts target price to $6.5 from $7.5 
 
                 * Molson Coors Beverage Co  TAP.N : Jefferies cuts target price to $61.00 from $62.00 
 
                 * Mongodb Inc  MDB.O : Barclays cuts target price to $290 from $458 
 
                 * Monster Beverage Corp  MNST.O : Jefferies cuts target price to $68 from $69 
 
                 * NetApp Inc  NTAP.O : JP Morgan raises target price to $125 from $95 
 
                 * NetApp Inc  NTAP.O : JP Morgan raises to neutral from underweight 
 
                 * Nordstrom Inc  JWN.N : Barclays raises target price to $18 from $15 
 
                 * Oceanfirst Financial Corp  OCFC.O : KBW cuts target price to $18 from $19 
 
                 * Oceanfirst Financial Corp  OCFC.O : KBW cuts to market perform from outperform 
 
                 * Pepsico Inc  PEP.O : Jefferies cuts target price to $210 from $211 
 
                 * Seacoast Banking Corporation of Florida  SBCF.O : KBW raises PT to $27 from $26 
 
                 * Seacoast Banking Corporation of Florida  SBCF.O : KBW ups to outperform from market
 perform 
 
                 * Sentinelone Inc  S.N : D.A. Davidson cuts target price to $17 from $24 
 
                 * Sentinelone Inc  S.N : Raymond James cuts target price to $30 from $35 
 
                 * Solid Biosciences Inc  SLDB.O : JP Morgan cuts target price to $10 from $12 
 
                 * Ulta Beauty Inc  ULTA.O : JP Morgan raises target price to $544 from $530 
 
                 * Ultragenyx Pharmaceutical Inc  RARE.O : Baird raises target price to $72 from $68 
 
                 * UMB Financial Corp  UMBF.O : KBW raises target price to $98 from $93 
 
                 * UMB Financial Corp  UMBF.O : KBW raises to outperform from market perform 
 
                 * Valley National Bancorp  VLY.O : KBW cuts target price to $8 from $12 
 
                 * Veeva Systems Inc  VEEV.N : Oppenheimer cuts target price to $230 
 
                 * Veeva Systems Inc  VEEV.N : Raymond James cuts target price to $230 from $260 
 
                 * Vera Therapeutics Inc  VERA.O : JP Morgan raises target price to $65 from $60 
 
                 * Viasat Inc  VSAT.O : JP Morgan cuts target price to $23 from $30 
 
                 * Xylem Inc  XYL.N : Stifel raises target price to $157 from $150 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))