U.S. RESEARCH ROUNDUP-Arthur J. Gallagher & Co., Costco Wholesale, Idexx Laboratories

CDW

02/11/2023 07:48

Nov 2 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Arthur J. Gallagher & Co., Costco Wholesale,
and Idexx Laboratories on Thursday. 
    
  HIGHLIGHTS 
      
     * Arthur J. Gallagher & Co.  AJG.N : Citigroup raises price target to $269 from $264
     * Costco Wholesale Corp  COST.O : JP Morgan cuts target price to $605 from $620
     * Idexx Laboratories Inc  IDXX.O : JP Morgan cuts target price to $550 from $600
     * McKesson Corp  MCK.N : Evercore ISI raises target price to $510 from $490
     * Zebra Technologies Corp  ZBRA.O : TD Cowen cuts target price to $275 from $290
                
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.       
    
     * 8X8 Inc  EGHT.O : Barclays cuts target price to $2.50 from $4
     * Advanced Energy Industries Inc  AEIS.O : Citigroup cuts price target to $107 from $134
     * Adverum Biotechnologies Inc  ADVM.O : Mizuho initiates with buy rating; PT $2
     * Aflac Inc  AFL.N : Citigroup raises price target to $78 from $77
     * Aflac Inc  AFL.N : JP Morgan raises target price to $80 from $74
     * AGCO Corp  AGCO.N : Citigroup cuts price target to $140 from $150
     * AGNC Investment Corp  AGNC.O : KBW cuts target price to $8.50 from $10.50
     * AIG  AIG.N : Evercore ISI resumes coverage with in line rating, PT $66
     * Airbnb Inc  ABNB.O : Baird cuts target price to $130 from $140
     * Airbnb Inc  ABNB.O : Piper Sandler cuts target price to $123 from $142
     * Airbnb Inc  ABNB.O : TD Cowen cuts target price to $125 from $130
     * Aldeyra Therapeutics Inc  ALDX.O : Jefferies cuts target price to $7 from $15
     * Alkami Technology Inc  ALKT.O : JP Morgan raises target price to $21 from $19
     * Amazon.Com Inc  AMZN.O : HSBC initiates coverage with buy rating and $160 target price
     * Apellis Pharmaceuticals Inc  APLS.O : Baird raises target price to $86 from $70
     * Apellis Pharmaceuticals Inc  APLS.O : Raymond James raises PT to $93 from $92
     * Apellis Pharmaceuticals Inc  APLS.O : Stifel raises target price to $73 from $70
     * Apellis Pharmaceuticals  APLS.O : Needham raises PT to $63 from $60 
     * Apollo Global Management Inc  APO.N : KBW cuts target price to $101 from $105
     * Arthur J. Gallagher & Co.  AJG.N : Citigroup raises price target to $269 from $264
     * Artisan Partners Asset Management Inc  APAM.N : KBW cuts target price to $36 from $37
     * Ashland Inc  ASH.N : Jefferies cuts target price to $82 from $85
     * Assurant Inc  AIZ.N : Piper Sandler raises target price to $185 from $165
     * Aurora Innovation Inc  AUR.O : Canaccord Genuity cuts target price to $5.5 from $7
     * Axalta Coating Systems Ltd  AXTA.N : Baird cuts target price to $33 from $35
     * Axalta Coating Systems Ltd  AXTA.N : Citigroup raises price target to $34 from $33
     * Axalta Coating Systems Ltd  AXTA.N : Jefferies cuts target price to $30 from $32
     * Bally'S Corp  BALY.N : Truist Securities cuts target price to $13 from $16
     * Biomarin Pharmaceutical Inc  BMRN.O : Piper Sandler cuts PT to $115 from $125
     * Biomarin Pharmaceutical Inc  BMRN.O : TD Cowen cuts target price to $125 from $135
     * Bio-Techne Corp  TECH.O : Stephens cuts target price to $70 from $90
     * Blackbaud Inc  BLKB.O : Baird raises target price to $88 from $84
     * Bluelinx Holdings Inc  BXC.N : D.A. Davidson cuts target price to $100 from $105
     * Bright Horizons Family Solutions Inc  BFAM.N : JP Morgan cuts PT to $93 from $104
     * Brinker International Inc  EAT.N : Piper Sandler raises target price to $36 from $35
     * Brinker International Inc  EAT.N : Wedbush raises target price to $37 from $33
     * Bristol-Myers Squibb Co  BMY.N : Berenberg cuts target price to $60 from $76
     * Builders Firstsource Inc  BLDR.N : Truist Securities cuts PT to $145 from $175
     * C4 Therapeutics Inc  CCCC.O : Leerink Partners cuts target price to $14 from $25
     * Caterpillar Inc  CAT.N : Daiwa Capital Markets cuts target price to $240 from $280
     * CB Financial Services Inc  CBFV.O : D.A. Davidson cuts target price by $1 to $22
     * CDP Holdings Ltd  CDP.N : Raymond James cuts target price to $27 from $28
     * CDW Corp  CDW.O : Evercore ISI cuts target price to $240 from $250
     * Ceridian Hcm Holding Inc  CDAY.N : Citigroup raises price target to $82 from $80
     * Ceridian Hcm Holding Inc  CDAY.N : JP Morgan cuts target price to $62 from $65
     * Ceridian Hcm Holding Inc  CDAY.N : TD Cowen cuts target price to $62 from $69
     * CH Robinson Worldwide Inc  CHRW.O : JP Morgan cuts target price to $78 from $81
     * Cheesecake Factory Inc  CAKE.O : Citigroup raises price target to $34 from $33
     * Cheesecake Factory Inc  CAKE.O : Piper Sandler cuts target price to $33 from $36
     * Chefs' Warehouse Inc  CHEF.O : BTIG cuts target price to $44 from $48
     * Chesapeake Energy Corp  CHK.O : Truist Securities raises PT to $112 from $110
     * Claros Mortgage Trust Inc  CMTG.N : JP Morgan cuts target price to $11 from $11.5
     * Claros Mortgage Trust Inc  CMTG.N : KBW cuts target price to $9.75 from $10.25
     * Clorox Co  CLX.N : Citigroup raises price target to $150 from $135
     * Clorox Co  CLX.N : Citigroup raises to buy from neutral
     * CNA Financial Corp  CNA.N : KBW raises target price to $46 from $45
     * Community Healthcare Trust Inc  CHCT.N : Piper Sandler cuts PT to $40 from $50
     * Confluent Inc  CFLT.O : Barclays cuts target price to $26 from $39
     * Confluent Inc  CFLT.O : D.A Davidson cuts target price to $24 from $42
     * Confluent Inc  CFLT.O : Piper Sandler cuts target price to $30 from $40
     * Corcept Therapeutics Inc  CORT.O : Canaccord Genuity raises PT to $37 from $35
     * Corcept Therapeutics Inc  CORT.O : Leerink Partners raises PT to $27 from $26
     * Costco Wholesale Corp  COST.O : JP Morgan cuts target price to $605 from $620
     * Coupang Inc  CPNG.N : JP Morgan cuts target price to $24 from $27
     * Customers Bancorp Inc  CUBI.N : Piper Sandler raises target price to $47 from $40
     * CVS Health Corp  CVS.N : Evercore cuts target price to $80 from $83
     * CVS Health Corp  CVS.N : Mizuho cuts target price to $86 from $88
     * Dine Brands Global Inc  DIN.N : Piper Sandler cuts target price to $49 from $59
     * Donnelley Financial Solutions Inc  DFIN.N : D.A. Davidson raises PT to $54 from $50
     * Doordash Inc  DASH.O : JP Morgan raises target price to $96 from $95
     * Dorman Products Inc  DORM.O : Stephens cuts target price to $74 from $90
     * Driven Brands Holdings Inc  DRVN.O : Canaccord Genuity cuts PT to $22 from $24
     * Driven Brands Holdings Inc  DRVN.O : Piper Sandler cuts target price to $22 from $23
     * DTE Energy Co  DTE.N : Evercore ISI cuts target price to $108 from $120
     * Dun & Bradstreet Holdings Inc  DNB.N : JP Morgan cuts target price to $11 from $13
     * Dupont  DD.N : Jefferies cuts target price to $75 from $78
     * DXC Technology Co  DXC.N : TD Cowen cuts target price to $23 from $24
     * Electronic Arts Inc  EA.O : JP Morgan raises target price to $139 from $132
     * Envista Holdings Corp  NVST.N : Baird cuts target price to $25 from $33
     * Envista Holdings Corp  NVST.N : Evercore ISI cuts target price to $24 from $30
     * Envista Holdings Corp  NVST.N : JP Morgan cuts target price to $32 from $42
     * Equity Residential  EQR.N : CFRA cuts target price by $15 to $53
     * ESAB Corp  ESAB.N : JP Morgan raises target price to $76 from $75
     * Estee Lauder Companies Inc  EL.N : Citigroup cuts price target to $117 from $155
     * Estee Lauder Companies Inc  EL.N : Jefferies cuts target price to $100 from $125
     * Estee Lauder Companies Inc  EL.N : Piper Sandler cuts target price to $115 from $155
     * Estee Lauder Companies Inc  EL.N : TD Cowen cuts target price to $126 from $180
     * ETSY Inc  ETSY.O : Oppenheimer cuts target price to $70 from $90
     * Exact Sciences Corp  EXAS.O : Evercore ISI cuts target price to $80 from $85
     * Exact Sciences Corp  EXAS.O : Leerink Partners cuts target price to $115 from $125
     * Extreme Networks Inc  EXTR.O : Oppenheimer cuts to perform from outperform
     * First Watch Restaurant Group Inc  FWRG.O : TD Cowen cuts target price to $18 from $20
     * Flushing Financial Corp  FFIC.O : D.A. Davidson cuts target price by $1 to $13
     * Ford Motor  F.N : Barclays raises to overweight from equal-weight
     * Four Corners Property Trust Inc  FCPT.N : Evercore Is cuts PT to $25 from $26
     * Frontier Communications Parent Inc  FYBR.O : JP Morgan cuts PT to $29 from $33
     * Generac Holdings Inc  GNRC.N : JP Morgan raises target price to $166 from $164
     * General Motors  GM.N : Barclays raises to overweight from equal-weight
     * Generation Bio Co  GBIO.O : Jefferies cuts target price to $5 from $16
     * Glaukos Corp  GKOS.N : JP Morgan cuts target price to $66 from $71
     * Gulfport Energy Corp  GPOR.N : Evercore ISI raises target price to $140 from $135
     * Gulfport Energy Corp  GPOR.N : Gerdes Energy Research raises PT by $5 to $143
     * Gulfport Energy Corp  GPOR.N : Truist Securities raises target price to $160 from $156
     * Hartford Financial Services Group Inc  HIG.N : Citigroup raises PT to $86 from $85
     * Hayward Holdings Inc  HAYW.N : Goldman Sachs cuts target price to $12 from $13.5
     * Horizon Technology Finance Corp  HRZN.O : KBW cuts target price to $10 from $11
     * Humana Inc  HUM.N : Leerink Partners cuts target price to $585 from $600
     * Huntsman Corp  HUN.N : Citigroup cuts price target to $24 from $26
     * Huntsman Corp  HUN.N : Jefferies cuts target price to $30 from $34
     * Huntsman Corp  HUN.N : JP Morgan cuts target price to $22 from $25
     * Idexx Laboratories Inc  IDXX.O : JP Morgan cuts target price to $550 from $600
     * Inari Medical Inc  NARI.O : Piper Sandler cuts target price to $85 from $90
     * Intel Corp  INTC.O : Daiwa Capital Markets raises target price to $40 from $35
     * IQVIA Holdings Inc  IQV.N : Citigroup cuts price target to $190 from $225
     * IQVIA Holdings Inc  IQV.N : Evercore ISI cuts target price to $210 from $240
     * Kennedy-Wilson Holdings Inc  KW.N : JP Morgan cuts target price to $16 from $18
     * Kraft Heinz Co  KHC.O : CFRA raises target price by $2 to $40
     * Kraft Heinz Co  KHC.O : CFRA raises to buy from hold
     * Kraft Heinz Co  KHC.O : Jefferies raises target price to $35 from $32
     * Kraft Heinz Co  KHC.O : JP Morgan cuts target price to $36 from $40
     * Kraft Heinz Co  KHC.O : Piper Sandler raises target price to $35 from $34
     * Lendingtree Inc  TREE.O : Stephens cuts target price to $25 from $28
     * Lincoln National Corp  LNC.N : Citigroup cuts price target to $22 from $26
     * LXP Industrial Trust  LXP.N : Evercore ISI cuts target price to $9 from $10
     * Malibu Boats Inc  MBUU.O : D.A. Davidson cuts target price to $48 from $53
     * MasTec Inc  MTZ.N : Citigroup cuts price target to $60 from $91
     * MasTec Inc  MTZ.N : D.A. Davidson cuts target price to $70 from $120
     * MasTec Inc  MTZ.N : TD Cowen cuts target price to $65 from $120
     * Match Group Inc  MTCH.O : BTIG cuts target price to $50 from $60
     * Match Group Inc  MTCH.O : Evercore ISI cuts target price to $40 from $50
     * Match Group Inc  MTCH.O : Piper Sandler cuts target price to $40 from $60
     * Match Group Inc  MTCH.O : TD Cowen cuts target price to $48 from $57
     * Materion Corp  MTRN.N : Keybanc raises target price to $130 from $128
     * McKesson Corp  MCK.N : Baird raises target price to $510 from $498
     * McKesson Corp  MCK.N : Evercore ISI raises target price to $510 from $490
     * McKesson Corp  MCK.N : Mizuho raises target price to $450 from $427
     * MDC Holdings Inc  MDC.N : JP Morgan cuts target price to $39.50 from $41.50
     * Mediaalpha Inc  MAX.N : KBW cuts target price to $15 from $16
     * Meridianlink Inc  MLNK.N : Raymond James cuts target price to $21 from $26
     * Meritage Homes Corp  MTH.N : Evercore ISI cuts target price to $185 from $187
     * Metlife Inc  MET.N : Citigroup raises price target to $82 from $81
     * Microstrategy Inc  MSTR.O : Canaccord Genuity raises target price to $554 from $513
     * Mondelez  MDLZ.O : HSBC raises target price to $85 from $84
     * Mondelez  MDLZ.O : Piper Sandler raises target price to $73 from $71
     * Neurocrine Biosciences Inc  NBIX.O : Mizuho raises target price to $116 from $113
     * Neurocrine Biosciences Inc  NBIX.O : Oppenheimer raises target price to $170 from $165
     * Nevro Corp  NVRO.N : JP Morgan cuts target price to $18 from $23
     * Nevro Corp  NVRO.N : Piper Sandler cuts target price to $15 from $24
     * Nevro Corp  NVRO.N : Truist Securities cuts target price to $17 from $18.5
     * NiSource Inc  NI.N : Evercore ISI cuts target price to $28 from $31
     * NMI Holdings Inc  NMIH.O : JP Morgan raises target price to $33 from $32
     * Noble Corporation Plc  NE.N : Evercore ISI raises target price to $65 from $62
     * Norwegian Cruise Line Holdings Ltd  NCLH.N : JP Morgan cuts PT to $18 from $20
     * O-I Glass Inc  OI.N : Baird cuts target price to $28 from $30
     * Paycom Software Inc  PAYC.N : Citigroup cuts price target to $189 from $360
     * Paycom Software Inc  PAYC.N : Citigroup cuts to neutral from buy
     * PayPal Holdings Inc  PYPL.O : Canaccord Genuity cuts target price to $100 from $110
     * PayPal Holdings Inc  PYPL.O : KBW cuts target price to $72 from $75
     * PayPal Holdings Inc  PYPL.O : Piper Sandler cuts target price to $66 from $67
     * PayPal Holdings Inc  PYPL.O : TD Cowen cuts target price to $62 from $66
     * Pebblebrook Hotel Trust  PEB.N : Citigroup cuts price target to $13 from $15
     * Procore Technologies Inc  PCOR.N : Canaccord Genuity cuts target price to $70 from $85
     * Procore Technologies Inc  PCOR.N : JP Morgan cuts target price to $76 from $85
     * Procore Technologies Inc  PCOR.N : Piper Sandler cuts target price to $70 from $84
     * Progressive Corp  PGR.N : Jefferies raises target price to $182 from $167
     * Progressive Corp  PGR.N : KBW raises target price to $157 from $145
     * Propetro Holding Corp  PUMP.N : Atb Capital Markets raises PT to $14 from $13
     * Prudential Financial Inc  PRU.N : Citigroup raises price target to $95 from $84
     * PTC Inc  PTC.O : Baird raises target price to $182 from $173
     * PTC Inc  PTC.O : Piper Sandler raises target price to $155 from $150
     * Qorvo Inc  QRVO.O : JP Morgan cuts target price to $95 from $110
     * Qorvo Inc  QRVO.O : Wells Fargo cuts target price to $95 from $110
     * Qualcomm Inc  QCOM.O : Bernstein raises target price to $145 from $135
     * Qualcomm Inc  QCOM.O : JP Morgan raises target price to $140 from $135
     * Rani Therapeutics Holdings Inc  RANI.O : Stifel cuts target price to $10 from $24
     * Rayonier Inc  RYN.N : Seaport Research Partners raises to buy from neutral
     * Regional Management Corp  RM.N : KBW cuts target price to $26 from $29
     * Reinsurance Group of America Inc  RGA.N : Citigroup raises PT to $176 from $162
     * Repligen Corp  RGEN.O : Stephens cuts target price to $170 from $190
     * Revolve Group Inc  RVLV.N : Piper Sandler cuts target price to $16 from $20
     * Revolve Group Inc  RVLV.N : Wedbush cuts target price to $12 from $19
     * Roku Inc  ROKU.O : Oppenheimer cuts target price to $100 from $110
     * Roku Inc  ROKU.O : Wells Fargo raises target price to $77 from $70
     * Select Water Solutions Inc  WTTR.N : Citigroup cuts price target to $8.25 from $8.5
     * Silicon Laboratories Inc  SLAB.O : Wells Fargo cuts target price to $110 from $190
     * Sinclair Broadcast Group Inc  SBGI.O : Wells Fargo cuts target price to $12 from $13
     * Site Centers Corp  SITC.N : Evercore ISI raises target price to $14 from $13
     * Siteone Landscape Supply Inc  SITE.N : Jefferies cuts target price to $135 from $170
     * Siteone Landscape Supply Inc  SITE.N : Truist Securities cuts PT to $158 from $187
     * Skyline Champion Corp  SKY.N : Barclays cuts target price to $61 from $66
     * Sonoco Products Co  SON.N : Baird cuts target price to $58 from $65
     * Sotera Health Co  SHC.O : Citigroup cuts price target to $16 from $20
     * Sotera Health Co  SHC.O : JP Morgan cuts target price to $15 from $18
     * Southstate Corp  SSB.O : D.A. Davidson cuts target price by $3 to $77
     * Spirit Aerosystems Holdings Inc  SPR.N : CFRA raises target price by $3 to $28
     * Spirit Aerosystems Holdings Inc  SPR.N : JP Morgan raises target price to $38 from $34
     * Sprouts Farmers market Inc  SFM.O : Stephens raises target price to $43 from $40
     * SSR Mining Inc  SSRM.N : CIBC cuts target price to $22.50 from $25
     * Staar Surgical Co  STAA.O : Canaccord Genuity cuts target price to $39 from $43
     * Staar Surgical Co  STAA.O : Jefferies cuts target price to $55 from $60
     * Staar Surgical Co  STAA.O : Piper Sandler cuts target price to $40 from $45
     * Sunoco LP  SUN.N : Raymond James raises target price to $55 from $53
     * Sunpower Corp  SPWR.O : Evercore ISI cuts target price to $8 from $13
     * Sunpower Corp  SPWR.O : Raymond James cuts target price to $6 from $9
     * Sunpower Corp  SPWR.O : TD Cowen cuts target price to $5 from $7.5
     * Sunrun Inc  RUN.O : Evercore ISI cuts target price to $43 from $58
     * Sunrun Inc  RUN.O : JP Morgan cuts target price to $16 from $21
     * Tandem Diabetes Care Inc  TNDM.O : Baird cuts target price to $20 from $32
     * Tandem Diabetes Care Inc  TNDM.O : Citigroup cuts price target to $18 from $23
     * Tandem Diabetes Care Inc  TNDM.O : Piper Sandler cuts target price to $25 from $40
     * Taylor Morrison Home Corp  TMHC.N : JP Morgan cuts target price to $57 from $60
     * Tenable Holdings Inc  TENB.O : Piper Sandler cuts target price to $50 from $55
     * Tenable Holdings Inc  TENB.O : Wells Fargo cuts target price to $55 from $60
     * Terreno Realty Corp  TRNO.N : Colliers Securities cuts target price to $65
     * TPG Re Finance Trust Inc  TRTX.N : Citigroup cuts price target to $5 from $6.5
     * TPG Re Finance Trust Inc  TRTX.N : JP Morgan cuts target price to $6 from $6.5
     * Trimble Inc  TRMB.O : JP Morgan cuts target price to $48 from $56
     * Trimble Inc  TRMB.O : Piper Sandler cuts target price to $42 from $51
     * Triplepoint Venture Growth BDC Corp  TPVG.N : KBW cuts target price to $9.50 from $10
     * Triplepoint Venture Growth BDC Corp  TPVG.N : Piper Sandler cuts PT to $10 from $11
     * Two Harbors Investment Corp  TWO.N : Citigroup cuts price target to $13 from $14
     * under Armour Inc  UAA.N : Citigroup cuts price target to $7 from $9
     * United Therapeutics Corp  UTHR.O : JP Morgan raises target price to $294 from $290
     * Verisk Analytics Inc  VRSK.O : JP Morgan cuts target price to $255 from $260
     * Voya Financial Inc  VOYA.N : Piper Sandler cuts target price to $80 from $83
     * Wayfair Inc  W.N : Baird cuts target price to $53 from $89
     * Wayfair Inc  W.N : D.A. Davidson cuts target price to $80 from $100
     * Wayfair Inc  W.N : Jefferies cuts target price to $49 from $83
     * Wayfair Inc  W.N : Moffettnathanson cuts target price to $42 from $55
     * Wayfair Inc  W.N : Piper Sandler cuts target price to $73 from $114
     * Wayfair Inc  W.N : TD Cowen cuts target price to $52 from $58
     * Werner Enterprises Inc  WERN.O : JP Morgan cuts target price to $37 from $41
     * Wingstop Inc  WING.O : Citigroup raises price target to $211 from $198
     * Wingstop Inc  WING.O : Jefferies raises target price to $196 from $170
     * Wingstop Inc  WING.O : TD Cowen raises target price to $235 from $210
     * Wingstop Inc  WING.O : Wedbush raises target price to $220 from $200
     * Wk Kellogg Co  KLG.N : JP Morgan initiates coverage with neutral rating; PT $11
     * Yum Brands  YUM.N : Citigroup cuts price target to $155 from $163
     * Yum Brands  YUM.N : Piper Sandler cuts target price to $130 from $147
     * Zebra Technologies Corp  ZBRA.O : TD Cowen cuts target price to $275 from $290
     * Zillow Group Inc  ZG.O : Piper Sandler cuts target price to $58 from $68
     * Zimvie Inc  ZIMV.O : JP Morgan cuts target price to $10 from $15
     * Zurn Elkay Water Solutions Corp  ZWS.N : Stifel cuts target price to $31 from $32
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))