U.S. RESEARCH ROUNDUP-Apollo, Phillips 66, Valero Energy

Cadence Design Systems

26/05/2026 08:31

May 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Apollo, Phillips 66 and Valero Energy, on Tuesday. 

  HIGHLIGHTS 
           
* Allient Inc ALNT.O: JP Morgan raises to overweight from neutral
* Apollo APO.N: Piper Sandler raises target price to $157 from $146
* Phillips 66 PSX.N: Jefferies raises target price to $191 from $173
* Servicetitan Inc TTAN.O: TD Cowen cuts target price to $110 from $135
* Valero Energy Corp VLO.N: Jefferies cuts target price to $284 from $290
                
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. Stock entries are in alphabetical order. 

* Advance Auto Parts Inc AAP.N: Mizuho raises target price to $58 from $54
* Advanced Drainage Systems WMS.N: Oppenheimer cuts target price to $190 from $195
* Aflac Inc AFL.N: Piper Sandler raises target price to $130 from $125
* Alaska Air Group Inc ALK.N: UBS raises target price to $56 from $54
* Albemarle ALB.N: RBC raises target price to $257 from $253
* Allient Inc ALNT.O: JP Morgan raises target price to $80 from $65
* Allient Inc ALNT.O: JP Morgan raises to overweight from neutral
* Alphabet Inc GOOGL.O: Moffettnathanson raises target price by $5 to $395
* American Airlines Group Inc AAL.O: UBS raises target price to $18 from $16
* American Financial Group Inc AFG.N: Piper Sandler raises target price to $140 from $135
* Analog Devices Inc ADI.O: Argus Research raises target price to $460 from $400
* APA Corporation APA.O: Raymond James raises target price to $57 from $45
* Apollo APO.N: Piper Sandler raises target price to $157 from $146
* Apple Inc AAPL.O: BofA Global Research raises price objective to $380.00 from $330.00
* Apple Inc AAPL.O: Melius Research raises target price to $385 from $355
* Array Digital Infrastructure Inc AD.N: JP Morgan cuts target price to $54 from $60
* Assurant Inc AIZ.N: Piper Sandler raises target price to $290 from $268
* Astera Labs, Inc ALAB.O: Northland Capital cuts to market perform rating
* Autodesk ADSK.O: Morgan Stanley cuts target price to $315.00 from $350.00
* Avalyn Pharma AVLN.O: Morgan Stanley initiates coverage with overweight rating; PT $53
* Baycom Corp BCML.O: D.A. Davidson cuts to neutral from buy
* Belite Bio Inc BLTE.O: Mizuho cuts target price to $215 from $223
* BJ's Wholesale Club Holdings Inc BJ.N: JP Morgan raises target price to $98 from $90
* Booz Allen Hamilton Holding Corp BAH.N: JP Morgan cuts target price to $85 from $97
* Booz Allen Hamilton Holding Corp BAH.N: Stifel raises to buy from hold; cuts PT to $110 from $115
* Bowhead Specialty Holdings Inc BOW.N: Piper Sandler raises target price to $32 from $28
* BridgeBio pharma Inc BBIO.O: Raymond James cuts to market perform from outperform
* Brixmor Property Group Inc BRX.N: Wells Fargo raises target price to $33 from $32
* Cabot CBT.N: Deutsche Bank raises target price to $85 from $80
* Cadence Design Systems Inc CDNS.O: Wells Fargo raises target price to $425 from $400
* Casey'S General Stores Inc CASY.O: Wells Fargo raises target price to $910 from $745
* Chewy Inc CHWY.N: Barclays cuts target price to $40 from $48
* Chewy Inc CHWY.N: Morgan Stanley cuts target price to $43.00 from $49.00
* Ciena CIEN.N: BofA Global Research raises price objective to $660 from $550
* Cincinnati Financial Corp CINF.O: Piper Sandler raises target price to $175 from $161
* Circle Internet Group Inc CRCL.N: Keybanc initiates coverage with sector weight rating
* Cisco Systems CSCO.O: BofA Global Research raises price objective to $135 from $114
* Cognex Corp CGNX.O: JP Morgan raises to overweight from neutral; raises PT to $75 from $65
* Corbus Pharmaceuticals Holdings Inc CRBP.O: Mizuho raises target price to $44 from $40
* Coreweave Inc CRWV.O: Moffettnathanson raises target price to $106 from $92
* Cummins CMI.N: Raymond James raises target price to $745 from $675
* Dave Inc DAVE.O: UBS initiates coverage with buy rating and target price $300
* Deckers Outdoor Corp DECK.N: Barclays cuts target price to $141 from $143
* Dell Technologies Inc DELL.N: Melius Research raises target price to $380 from $245
* Delta Air Lines Inc DAL.N: UBS raises target price to $98 from $95
* Dollar Tree Inc DLTR.O: Piper Sandler cuts target price to $101 from $116
* Dominion Energy D.N: Mizuho raises target price to $72 from $66
* Ducommun Inc DCO.N: Truist Securities raises target price to $150 from $136
* Elf Beauty Inc ELF.N: B. Riley cuts target price to $70 from $130
* Eli Lilly LLY.N: BofA Global Research raises price objective to $1,251.00 from $1,133.00
* F5 Inc FFIV.O: BofA Global Research raises price objective to $300.00 from $250.00
* Federal Realty Investment Trust FRT.N: BMO raises target price to $140 from $120
* Federal Realty Investment Trust FRT.N: Wells Fargo raises target price to $129 from $120
* Flowers Foods FLO.N: Deutsche Bank raises target price to $8 from $7
* Ford F.N: Jefferies raises target price to $14.50 from $13.50
* Globe Life Inc GL.N: Piper Sandler raises target price to $175 from $167
* Goosehead Insurance Inc GSHD.O: Piper Sandler cuts target price to $52 from $60
* Guardant Health Inc GH.O: BTIG raises target price to $155 from $145
* Hanover Insurance Group Inc THG.N: Piper Sandler raises target price to $220 from $212
* Helios Technologies Inc HLIO.N: JP Morgan raises target price to $100 from $90
* Hemab Therapeutics Holdings COAG.O: Jefferies initiates coverage with buy rating; PT $39
* Hemab Therapeutics Holdings COAG.O: Wedbush initiates coverage with outperform rating; PT $42
* Hims & Hers HIMS.N: BofA Global Research cuts price objective to $25.00 from $28.00
* Hyatt Hotels Corp H.N: Truist Securities raises target price to $187 from $181
* Intel INTC.O: Northland Capital cuts to market perform rating
* Intuit Inc INTU.O: Mizuho cuts target price to $500 from $600
* Inventrust Properties IVT.N: Wells Fargo raises target price to $36 from $34
* JetBlue Airways Corp JBLU.O: UBS raises target price to $4 from $3.50
* Jfrog Ltd FROG.O: Stifel raises target price to $85 from $75
* Kite Realty Group Trust KRG.N: Wells Fargo raises target price to $29 from $28
* Lear Corp LEA.N: TD Cowen raises to buy from hold; raises target price to $165 from $138
* Marathon Petroleum Corp MPC.N: Jefferies raises target price to $296 from $279
* Marriott MAR.O: Truist Securities raises target price to $356 from $350
* Marsh & McLennan Companies Inc MRSH.N: Piper Sandler cuts target price to $182 from $190
* Marvell Technology Inc MRVL.O: Susquehanna raises target price to $230 from $100
* Metlife Inc MET.N: Piper Sandler raises target price to $86 from $81
* Micron Technology Inc MU.O: UBS raises target price to $1,625 from $535
* Modine Manufacturing Co MOD.N: B. Riley raises target price to $264 from $250
* Nextera Energy Inc NEE.N: Barclays raises target price to $90 from $89
* Northrop Grumman NOC.N: Jefferies cuts target price to $620 from $660
* Onsemi ON.O: BofA Global Research raises price objective to $138 from $115
* Palomar Holdings Inc PLMR.O: JP Morgan cuts target price to $150 from $160
* Parker-Hannifin Corporation PH.N: Wells Fargo cuts target price to $950 from $980
* Perpetua Resources Corp. PPTA.O: H.C. Wainwright raises target price to $43.50 from $41
* Pershing Square PS.N: Citigroup initiates coverage with buy rating; price target $50
* Pershing Square PS.N: RBC initiates coverage with sector perform rating; PT $40
* Pershing Square PS.N: Wells Fargo initiates coverage with equal weight rating and PT $37
* Pershing Square PS.N: BofA Global Research initiates coverage with neutral rating; PT $42
* Pershing Square PS.N: UBS initiates coverage with neutral rating and target price $39
* Phillips 66 PSX.N: Jefferies raises target price to $191 from $173
* Phillips Edison & Company PECO.O: Wells Fargo raises target price to $42 from $40
* Regal Rexnord Corp RRX.N: JP Morgan raises target price to $240 from $230
* Regency Centers Corporation REG.O: Wells Fargo raises target price to $88 from $85
* Relay Therapeutics Inc RLAY.O: H.C. Wainwright raises target price to $28 from $25
* Ross Stores Inc ROST.O: Barclays raises target price to $260 from $242
* Ryman Hospitality Properties Inc RHP.N: Truist Securities raises PT to $132 from $129
* Seaport Therapeutics SPTX.O: Citigroup initiates coverage with buy rating; price target $35
* Seaport Therapeutics SPTX.O: JP Morgan initiates coverage with overweight rating; PT $42
* Seaport Therapeutics SPTX.O: Leerink Partners initiates coverage with outperform rating; PT $35
* Seaport Therapeutics SPTX.O: Stifel initiates coverage with buy rating; target price $30
* Selective Insurance Group Inc SIGI.O: Piper Sandler raises target price to $93 from $82
* Semtech Corp SMTC.O: Northland Capital cuts to market perform rating
* Sentinelone Inc S.N: Jefferies raises target price to $24 from $20
* Servicetitan Inc TTAN.O: TD Cowen cuts target price to $110 from $135
* Southwest Airlines Co LUV.N: UBS raises target price to $53 from $49
* State Street Corporation STT.N: Wells Fargo raises target price to $171 from $162
* Synopsys Inc SNPS.O: Rosenblatt Securities raises target price to $575 from $530
* Telos Corp TLS.O: Needham reinstates coverage with buy rating; target price $6
* Tenable Holdings Inc TENB.O: Stephens raises target price to $29 from $24
* Texas Instruments Inc TXN.O: BofA Global Research raises price objective to $370 from $320
* Timken Co TKR.N: JP Morgan raises to overweight from neutral; raises PT to $150 from $130
* Transmedics Group Inc TMDX.O: Stifel cuts target price to $75 from $85
* Travelers TRV.N: JP Morgan raises to neutral from underweight; raises PT to $322 from $316
* Travelers TRV.N: Piper Sandler raises target price to $340 from $329
* United Airlines Holdings Inc UAL.O: UBS raises target price to $148 from $139
* Valero Energy Corp VLO.N: Jefferies cuts target price to $284 from $290
* Varonis Systems Inc VRNS.O: Keybanc initiates coverage with sector weight rating
* Verrica Pharmaceuticals VRCA.O: H.C. Wainwright assumes coverage with buy rating; PT $12
* Vontier Corp VNT.N: Argus Research cuts to hold from buy

 (Compiled by Bengaluru Newsroom)
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