U.S. RESEARCH ROUNDUP-Albemarle, Celanese, International Flavors & Fragrances

Brookline Bancorp

27/06/2022 08:21

June 27 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Albemarle, Celanese and International Flavors &
Fragrances, on Monday. 

    HIGHLIGHTS
     * Albemarle Corp  ALB.N : Credit Suisse initiates with underperform rating 
     * Celanese Corp  CE.N : Credit Suisse initiates with underperform rating 
     * International Flavors & Fragrances  IFF.N : Credit Suisse starts with outperform rating 
     * RPM International Inc  RPM.N : Credit Suisse initiates with outperform rating 
     * United Fire Group Inc  UFCS.O : Piper Sandler cuts to neutral from overweight 
 
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
     * Albemarle Corp  ALB.N : Credit Suisse initiates with underperform rating 
     * Albemarle Corp  ALB.N : Credit Suisse initiates with $185 target price 
     * Amalgamated Bank  AMAL.O : Piper Sandler cuts target price to $23 from $24 
     * Baker Hughes Co  BKR.O : Cowen and Company cuts target price to $36 from $42 
     * Bank of America Corp  BAC.N : Credit Suisse cuts target price to $45 from $46 
     * Bank of Princeton  BPRN.O : Piper Sandler cuts target price to $31 from $34 
     * Bar Harbor Bankshares  BHB.A : Piper Sandler cuts target price to $33 from $35 
     * BCB Bancorp Inc  BCBP.O : Piper Sandler cuts target price to $18 from $19.50 
     * BD  BDX.N : Jefferies cuts target price to $280 from $310 
     * Berkshire Hills Bancorp Inc  BHLB.N : Piper Sandler cuts target price to $28 from $31 
     * Brookline Bancorp Inc  BRKL.O : Piper Sandler cuts target price to $16 from $18 
     * Carmax Inc  KMX.N : RBC raises target price to $108 from $104 
     * Carnival Corp  CCL.N : Jefferies cuts target price to $12 from $19 
     * Celanese Corp  CE.N : Credit Suisse initiates with underperform rating 
     * Celanese Corp  CE.N : Credit Suisse initiates with $105 target price 
     * Chemung Financial Corp  CHMG.O : Piper Sandler cuts target price to $47 from $51 
     * Citigroup Inc  C.N : RBC cuts target price to $60 from $65 
     * Community Bank System Inc  CBU.N : Piper Sandler cuts target price to $64 from $66 
     * Connectone Bancorp Inc  CNOB.O : Piper Sandler cuts target price to $33 from $37 
     * Customers Bancorp Inc  CUBI.N : Piper Sandler cuts target price to $49 from $57 
     * Esquire Financial Holdings Inc  ESQ.O : Piper Sandler cuts target price to $38 from $43 
     * Essa Bancorp Inc  ESSA.O : Piper Sandler cuts target price to $18 from $19 
     * Essex Property Trust Inc  ESS.N : Piper Sandler cuts target price to $340 from $400 
     * Estee Lauder Companies Inc  EL.N : Jefferies raises target price to $310 from $305 
     * Evans Bancorp Inc  EVBN.A : Piper Sandler cuts target price to $41 from $43 
     * Financial Institutions Inc  FISI.O : Piper Sandler cuts target price to $34 from $36 
     * First Commonwealth Financial Corp  FCF.N : Piper Sandler cuts PT to $16 from $17 
     * First of Long Island Corp  FLIC.O : Piper Sandler cuts target price to $19 from $20 
     * Flushing Financial Corp  FFIC.O : Piper Sandler cuts target price to $27 from $28 
     * International Flavors & Fragrances  IFF.N : Credit Suisse starts with outperform rating 
     * International Flavors & Fragrances  IFF.N : Credit Suisse starts with $145 target price 
     * Lakeland Bancorp Inc  LBAI.O : Piper Sandler cuts target price to $19 from $20 
     * M&T Bank Corp  MTB.N : Piper Sandler cuts target price to $206 from $210 
     * Marketaxess Holdings Inc  MKTX.O : Jefferies cuts target price to $300 from $315 
     * Merck & Co Inc  MRK.N : Cowen and Company raises target price to $102 from $95 
     * Meridian Corp  MRBK.O : Piper Sandler cuts target price to $42 from $45 
     * NBT Bancorp Inc  NBTB.O : Piper Sandler raises target price to $43 from $40 
     * Orange County Bancorp Inc  OBT.O : Piper Sandler cuts target price to $48 from $49 
     * PNC Financial Services Group  PNC.N : Piper Sandler cuts target price to $170 from $189 
     * Provident Financial Services  PFS.N : Piper Sandler cuts target price to $26 from $27 
     * RPM International Inc  RPM.N : Credit Suisse initiates with outperform rating 
     * RPM International Inc  RPM.N : Credit Suisse initiates with $95 target price 
     * Signature Bank  SBNY.O : Piper Sandler cuts target price to $300 from $325 
     * Tompkins Financial Corp  TMP.A : Piper Sandler cuts target price to $75 from $78 
     * Trustco Bank Corp N Y  TRST.O : Piper Sandler cuts target price to $33 from $35 
     * United Fire Group Inc  UFCS.O : Piper Sandler cuts to neutral from overweight 
     * Unity Bancorp Inc  UNTY.O : Piper Sandler cuts target price to $31 from $33 
     * USA Truck Inc  USAK.O : Cowen and Company raises target price to $31.72 from $24 
     * USA Truck Inc  USAK.O : Stephens raises target price to $31.72 from $27 
     * Valley National Bancorp  VLY.O : Piper Sandler cuts target price to $14 from $15 
     * Webster Financial Corp  WBS.N : Piper Sandler cuts target price to $58 from $62 
     * Western New England Bancorp  WNEB.O : Piper Sandler cuts target price to $10 from $10.5 
     * William Penn Bancorp  WMPN.O : Piper Sandler cuts target price to $14 from $14.50 
     * Zendesk Inc  ZEN.N : Credit Suisse cuts target price to $77.50 from $125 
     * Zendesk Inc  ZEN.N : Jefferies cuts target price to $77.5 from $110 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))