U.S. RESEARCH ROUNDUP-American Express, Caterpillar, Western Digital
23/09/2020 16:26
Sept 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including American Express, Caterpillar and ZoomInfo
Technologies, on Wednesday.
HIGHLIGHTS
* American Express Co AXP.N : BofA Global Research cuts to underperform from neutral
* Caterpillar Inc CAT.N : Bernstein initiates coverage with market perform rating
* Cummins Inc CMI.N : Bernstein initiates coverage with outperform rating
* Oshkosh Corp OSK.N : Bernstein initiates coverage with market perform rating
* Western Digital WDC.O : Craig-Hallum raises to buy from hold; raises PT to $62 from $44
Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.
* Agco Corp AGCO.N : Bernstein initiates coverage with outperform rating
* Alaska Air Group Inc ALK.N : Credit Suisse cuts target price to $45 from $51
* Alerus Financial Corp ALRS.O : Piper Sandler cuts price target to $21 from $22
* Ally Financial Inc ALLY.N : Piper Sandler raises price target to $31 from $27
* American Express Co AXP.N : BofA Global Research cuts price objective to $95 from $106
* American Express Co AXP.N : BofA Global Research cuts to underperform from neutral
* Ameris Bancorp ABCB.O : Raymond James raises to strong buy from outperform
* Apple AAPL.O : UBS assumes coverage with neutral vs buy rating; $115 vs $106 PT
* Arconic Corp (Pittsburgh) ARNC.N : Credit Suisse raises target price to $30 from $25
* Arista Networks Inc ANET.N : Evercore ISI cuts target price to $205 from $260
* Arista Networks Inc ANET.N : UBS starts with buy rating; target price $260
* Asbury Automotive Group Inc ABG.N : Stephens raises target price to $137 from $128
* Autozone Inc AZO.N : D.A. Davidson raises target price to $1,400 from $1,380
* Autozone Inc AZO.N : Jefferies raises target price to $1,230 from $1,166
* Autozone Inc AZO.N : RBC raises target price to $1,329 from $1,323
* Autozone Inc AZO.N : Wedbush raises price target to $1320 from $1300
* Bankunited Inc BKU.N : Compass Point raises to buy from neutral; raises PT by $2 to $24
* Beazer Homes USA Inc BZH.N : Wedbush raises target price to $13 from $11
* Bed Bath & Beyond Inc BBBY.O : Raymond James raises price target to $16 from $12
* Blueprint Medicines Corp BPMC.O : BMO raises target price to $113 from $105
* Blueprint Medicines Corp BPMC.O : Guggenheim raises target price to $106 from $94
* Blueprint Medicines Corp BPMC.O : SVB Leerink raises target price to $121 from $107
* Carmax Inc KMX.N : BofA Global Research raises price objective to $135 from $130
* Carvana Co CVNA.N : B.Riley FBR cuts to neutral from buy
* Carvana Co CVNA.N : B.Riley FBR raises price target to $230 from $190
* Carvana Co CVNA.N : Cowen and Company raises target price to $250 from $185
* Carvana Co CVNA.N : Needham raises target price to $265 from $200
* Caterpillar Inc CAT.N : Bernstein initiates coverage with market perform rating
* Cavco Industries Inc CVCO.O : Craig-Hallum raises rating to buy
* Charter Communications Inc CHTR.O : Credit Suisse raises target price to $724 from $640
* Cisco CSCO.O : UBS assumes coverage with neutral vs buy rating; $41 vs $51 price target
* CME Group CME.O : Atlantic Equities raises price target to $195 from $176
* CME Group CME.O : Atlantic Equities raises to overweight from neutral
* CNX Resources CNX.N : Capital One Securities starts with overweight rating; PT $16
* Comcast Corp CMCSA.O : Credit Suisse raises target price by $10 to $60
* Computer Programs and Systems Inc CPSI.O : Colliers Securities raises PT to $33 from $32
* Corelogic Inc CLGX.N : Deutsche Bank raises target price to $66 from $65
* Cornerstone Ondemand CSOD.O : BMO starts with market perform rating; $39 target price
* Costar Group Inc CSGP.O : Citigroup raises price target to $1000 from $815
* CSX Corp CSX.O : Atlantic Equities raises to overweight rating
* Cummins Inc CMI.N : Bernstein initiates coverage with outperform rating
* Deere & Co DE.N : Bernstein initiates coverage with market perform rating
* Deere & Co DE.N : BofA Global Research raises price objective to $241 from $234
* Dell Technologies DELL.N :UBS assumes coverage with buy vs neutral rating; $80 vs $48 PT
* Delta Air Lines Inc DAL.N : Credit Suisse cuts target price to $37 from $42
* Eastgroup Properties Inc EGP.N : Baird starts with neutral rating; price target $140
* Entergy Corp ETR.N : Mizuho cuts target price to $100 from $113
* Freeport-Mcmoran Inc FCX.N : Jefferies raises price target to $24 from $23
* FS KKR Capital Corp FSK.N : Truist Securities initiates with hold rating and $16 PT
* FS KKR Capital Corp Ii FSKR.N : Truist Securities initiates with buy rating and $16 PT
* Global Medical REIT Inc GMRE.N : Berenberg raises target price to $17 from $16
* Greif GEF.N : BMO raises to market perform from underperform; raises PT to $38 from $32
* Hasbro Inc HAS.O : BMO raises price target to $90 from $69
* Hasbro Inc HAS.O : BMO raises to outperform from market perform
* Hewlett Packard Enterprise Co HPE.N : UBS assumes coverage with neutral rating; $10 PT
* Horizon Therapeutics Plc HZNP.O : Jefferies raises target price to $100 from $90
* HP Inc HPQ.N : UBS assumes coverage with buy vs neutral rating; $25 vs $18 price target
* Hubspot Inc HUBS.N : Canaccord Genuity raises target price to $325 from $285
* Hubspot Inc HUBS.N : Cowen and Company raises target price to $265 from $240
* Hubspot Inc HUBS.N : Evercore ISI raises target price to $275 from $254
* Hubspot Inc HUBS.N : JP Morgan raises target price to $300 from $240
* Hubspot Inc HUBS.N : Needham raises target price to $325 from $275
* Hubspot Inc HUBS.N : Raymond James raises target price to $320 from $265
* Hubspot Inc HUBS.N : RBC raises target price to $328 from $280
* Hubspot Inc HUBS.N : Stifel raises target price to $305 from $275
* Hubspot Inc HUBS.N : UBS raises target price to $295 from $250
* I3 Verticals Inc IIIV.O : Raymond James raises to strong buy from outperform
* IBM IBM.N : UBS assumes coverage with neutral rating; $125 price target
* Idex Corp IEX.N : Cowen and Company raises target price to $200 from $160
* Insmed Inc INSM.O : Credit Suisse raises target price to $50 from $42
* Intercontinental Exchange ICE.N : Atlantic Equities ups target price to $113 from $110
* Jacobs Engineering Group Inc J.N : Bernstein initiates coverage with outperform rating
* JetBlue Airways Corp JBLU.O : Credit Suisse raises target price to $11 from $10
* Juniper Networks Inc JNPR.N : UBS starts with neutral rating; target price $24
* KB Home KBH.N : Barclays raises target price to $45 from $42
* KB Home KBH.N : Credit Suisse raises target price to $48 from $44
* KB Home KBH.N : Keybanc cuts to sector weight from overweight
* KB Home KBH.N : RBC raises target price to $42 from $36
* KB Home KBH.N : Truist Securities raises target price to $44 from $40
* KB Home KBH.N : Wedbush raises target price to $44 from $38
* Marinus Pharmaceuticals MRNS.O : Oppenheimer adjusts PT to $28 from $7 to reflect reverse stock split
* Mediwound Ltd MDWD.O : BTIG initiates with buy rating and $6 target price
* Mondelez MDLZ.O : Piper Sandler raises target price to $66 from $60
* Mosaic Co MOS.N : UBS raises target price to $22 from $19
* Nasdaq Inc NDAQ.O : Atlantic Equities raises target price to $150 from $140
* Neoleukin Therapeutics Inc NLTX.O : Baird initiates with outperform, $25 price target
* Newmont NEM.N : Jefferies raises price target to $70 from $68
* Nextera Energy Inc NEE.N : BofA Global Research cuts price objective to $301 from $303
* Nextera Energy Partners LP NEP.N : JP Morgan raises target price to $59 from $53
* NGL Energy Partners LP NGL.N : Simmons Energy cuts target price to $4 from $6
* Nike Inc NKE.N : Bernstein raises target price to $142 from $115
* Nike Inc NKE.N : BMO raises target price to $134 from $100
* Nike Inc NKE.N : BofA Global Research raises price objective to $150 from $130
* Nike Inc NKE.N : BTIG raises target price to $152 from $140
* Nike Inc NKE.N : Citigroup raises price target to $137 from $115
* Nike Inc NKE.N : Cowen and Company raises target price to $145 from $134
* Nike Inc NKE.N : Credit Suisse raises target price to $154 from $136
* Nike Inc NKE.N : Deutsche Bank raises to buy from hold; raises PT to $151 from $107
* Nike Inc NKE.N : Evercore ISI raises target price to $185 from $125
* Nike Inc NKE.N : Guggenheim raises target price to $165 from $150
* Nike Inc NKE.N : Jefferies raises target price to $117 from $95
* Nike Inc NKE.N : JP Morgan raises target price to $140 from $136
* Nike Inc NKE.N : Morgan Stanley raises target price to $152 from $142
* Nike Inc NKE.N : Needham raises target price to $149 from $132
* Nike Inc NKE.N : Piper Sandler raises target price to $148 from $130
* Nike Inc NKE.N : Stifel raises target price to $154 from $140
* Nike Inc NKE.N : Telsey Advisory Group raises target price to $155 from $135
* Nike Inc NKE.N : UBS raises target price to $152 from $127
* Nike Inc NKE.N : Wedbush raises target price to $142 from $127
* NiSource NI.N : Jefferies raises to buy from hold; cuts target price to $25 from $26
* Novocure NVCR.O : Northland Capital Markets starts with outperform rating; PT $200
* Novocure NVCR.O : Northland Capital initiates with outperform rating and $200 PT
* Nuance Communications Inc NUAN.O : Wedbush raises target price to $40 from $33
* Old Second Bancorp Inc OSBC.O : Raymond James raises to strong buy from outperform
* Oshkosh Corp OSK.N : Bernstein initiates coverage with market perform rating
* Paccar Inc PCAR.O : Bernstein initiates coverage with market perform rating
* Pentair Plc PNR.N : Oppenheimer raises target price to $52 from $47
* Pfizer Inc PFE.N : Independent Research cuts PT to $37.00 from $40.00; rating hold
* Pinnacle West Capital Corp PNW.N : Credit Suisse cuts target price to $81 from $88
* Plymouth Industrial REIT PLYM.N : Baird starts with outperform rating; price target $16
* Professional Holding PFHD.O : Piper Sandler initiates with overweight rating; PT $16
* Purple Innovation Inc PRPL.O : Craig-Hallum raises target price to $32 from $31
* Quanta Services Inc PWR.N : Bernstein initiates coverage with outperform rating
* Quanta Services Inc PWR.N : Stifel raises target price to $59 from $50
* Ralph Lauren Corp RL.N : Piper Sandler raises target price to $78 from $71
* Republic Services Inc RSG.N : JP Morgan cuts to neutral from overweight
* Rexford Industrial Realty REXR.N :Baird starts with outperform rating; price target $50
* Southwest Airlines Co LUV.N : Credit Suisse raises target price to $46 from $45
* Southwest Gas Holdings SWX.N : BofA Global Research cuts price objective to $63 from $68
* Stag Industrial Inc STAG.N : Baird cuts to neutral from outperform
* Stanley Black & Decker Inc SWK.N : Citigroup raises price target to $203 from $190
* Stitch Fix Inc SFIX.O : JP Morgan cuts target price to $27 from $28
* Stitch Fix Inc SFIX.O : Keybanc raises target price to $32 from $28
* Stitch Fix Inc SFIX.O : Needham cuts target price to $34 from $36
* Stitch Fix Inc SFIX.O : RBC cuts target price to $34 from $35
* Stitch Fix Inc SFIX.O : Truist Securities raises target price to $34 from $28
* Stock Yards Bancorp Inc SYBT.O : Raymond James cuts to market perform from outperform
* Terreno Realty Corp TRNO.N : Baird raises price target to $60 from $57
* Terreno Realty Corp TRNO.N : Baird raises to outperform from neutral
* Tesla Inc TSLA.O : Baird raises price target to $360 from $332
* Tesla Inc TSLA.O : Canaccord Genuity cuts target price to $377 from $442
* Tesla Inc TSLA.O : Deutsche Bank raises price target to $500 from $400
* Tesla Inc TSLA.O : Deutsche Bank raises to buy from hold
* Trimble Inc TRMB.O : Bernstein initiates coverage with outperform rating
* Twitter Inc TWTR.N : Pivotal Research raises to buy from hold
* United Airlines Holdings Inc UAL.O : Credit Suisse cuts target price to $37 from $41
* United Insurance Holdings Corp UIHC.O : Wells Fargo cuts target price to $7 from $9
* United Rentals Inc URI.N : Bernstein initiates coverage with market perform rating
* UPS UPS.N : BofA Global Research raises price objective to $183 from $176
* Valvoline VVV.N : JP Morgan raises target price to $27 from $26
* Vericel Corp VCEL.O : BTIG raises target price to $23 from $21
* Viacomcbs VIACA.O : JP Morgan establishes Dec 2021 PT of $35 vs Dec 2020 PT of $30
* Waste Management Inc WM.N : JP Morgan cuts to underweight from neutral
* Western Digital WDC.O : Craig-Hallum raises to buy from hold; raises PT to $62 from $44
* Yandex YNDX.O : VTB Capital Places under review from buy
* Zillow Group Inc Z.O : Needham raises target price to $125 from $110
* ZoomInfo Technologies Inc ZI.O : Wells Fargo raises rating to overweight
(Compiled by Bengaluru Newsroom)
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