U.S. RESEARCH ROUNDUP-Adobe Systems, Brookfield Business Partners, Synacor

Brookfield Business Partners LP

16/03/2018 06:57

March 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Adobe Systems, Brookfield Business Partners and
Synacor, on Friday. 
    
    HIGHLIGHTS
     * Adobe Systems Inc  ADBE.O : RBC raises target price to $242 from $235
     * Brookfield Business Partners LP  BBU.N : RBC raises to outperform from sector perform
     * Synacor Inc  SYNC.O : Canaccord Genuity cuts to hold from buy 
 Following is a summary of research actions on U.S. companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 

     * 8X8 Inc  EGHT.N : Dougherty raises target price to $23 from $20
     * Adobe Systems Inc  ADBE.O : Baird raises target price to $240 from $220; outperform
     * Adobe Systems Inc  ADBE.O : Canaccord Genuity raises target price to $245 from $220
     * Adobe Systems Inc  ADBE.O : Morgan Stanley raises target price to $235 from $193
     * Adobe Systems Inc  ADBE.O : Pivotal Research raises target price to $199 from $195
     * Adobe Systems Inc  ADBE.O : RBC raises target price to $242 from $235
     * Alcentra Capital Corp  ABDC.O : KBW cuts price target to $7 from $9.50‍​
     * Alexion Pharmaceuticals  ALXN.O : Credit Suisse raises target price to $149 from $147
     * American Campus Communities Inc  ACC.N : JP Morgan cuts target price to $41 from $45
     * Antero Midstream GP LP  AMGP.N : Morgan Stanley cuts target price to $24 from $26
     * Antero Midstream Partners LP  AM.N : Morgan Stanley cuts target price to $34 from $35
     * Archer Daniels Midland Co  ADM.N : Baird raises price target to $52 from $49‍​
     * Banc of California Inc  BANC.N : KBW cuts price target to $21 from $22‍​
     * Broadcom Ltd  AVGO.O : Canaccord Genuity raises target price to $340 from $325
     * Broadcom Ltd  AVGO.O : Jefferies raises target price to $332 from $320; rating buy
     * Brookfield Business Partners LP  BBU.N : RBC cuts target price to $41 from $42
     * Brookfield Business Partners LP  BBU.N : RBC raises to outperform from sector perform
     * Brookfield Infrastructure Partners LP  BIP.N : CIBC starts with outperformer rating
     * Brookfield Infrastructure Partners LP  BIP.N : CIBC starts with price target of $47
     * Cara Therapeutics Inc  CARA.O : Canaccord Genuity cuts target price to $22 from $25
     * Dollar General Corp  DG.N : RBC raises target price to $106 from $101
     * Dominion Energy Midstream Partners LP  DM.N : Morgan Stanley cuts target to $31 from $32
     * Enterprise Products Partners  EPD.N : Morgan Stanley cuts target price to $31 from $32
     * EQT GP Holdings LP  EQGP.N : Morgan Stanley cuts target price to $28 from $30
     * EQT Midstream Partners LP  EQM.N : Morgan Stanley cuts target price to $77 from $83
     * Genesco Inc  GCO.N : Susquehanna raises target price to $35 from $31
     * Jabil Inc  JBL.N : RBC raises target price to $33 from $31
     * Keyw Holding Corp  KEYW.O : RBC raises target price to $9 from $8
     * Magellan Midstream Partners LP  MMP.N : Morgan Stanley cuts target price to $69 from $73
     * Microsoft  MSFT.O : Cowen and Company raises target price to $105 from $100
     * Noodles & Co  NDLS.O : RBC raises target price to $6 from $5
     * Oracle Corp  ORCL.N : RBC raises target price to $55 from $51
     * RingCentral Inc  RNG.N : Dougherty raises target price to $78 from $66
     * Synacor Inc  SYNC.O : Canaccord Genuity cuts target price to $3 from $6
     * Synacor Inc  SYNC.O : Canaccord Genuity cuts to hold from buy
     * Timkensteel Corp  TMST.N : Keybanc raises price target to $19 from $17
     * TransCanada Corp  TRP.N : Morgan Stanley cuts target price to $50 from $51
     * Ulta Beauty Inc  ULTA.O : Credit Suisse cuts target price to $235 from $245
     * Ulta Beauty Inc  ULTA.O : Morgan Stanley cuts target price to $260 from $285
     * Ulta Beauty Inc  ULTA.O : RBC cuts target price to $205 from $225
     * Urogen pharma Ltd  URGN.O : Jefferies raises target price to $64 from $56; rating buy
     * Valero Energy Partners LP  VLP.N : Morgan Stanley cuts target price to $46 from $49
 

 (Compiled by Bengaluru Newsroom)
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