U.S. RESEARCH ROUNDUP-Ciena Corp, Docusign, Snowflake

Ciena

04/09/2026 08:08

Sept 4 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ciena Corporation, Docusign and Snowflake, on Friday. 
     
HIGHLIGHTS

* Ciena Corporation CIEN.N: TD Cowen cuts target price to $400 from $575
* Docusign, Inc. DOCU.O: Jefferies raises target price to $75 from $50
* Dianthus Therapeutics Inc DNTH.O: Citigroup initiates coverage with buy rating
* Snowflake Inc SNOW.N: HSBC raises target price to $470 from $289
* W. P. Carey Inc WPC.N: Barclays raises to equal-weight from underweight
        
Following is a summary of research actions on U.S. companies reported by Reuters on Friday. Stock entries are in alphabetical order. 

* Akamai Technologies Inc AKAM.O: Citigroup cuts target price to $122 from $160
* Aligos Therapeutics Inc ALGS.O: Jefferies cuts target price to $28 from $48
* Ambarella AMBA.O: BofA Global Research cuts price objective to $70.00 from $96.00
* Ambarella Inc AMBA.O: Stifel cuts target price to $90 from $106
* Asana Inc ASAN.N: Jefferies raises target price to $9 from $8
* Asana Inc ASAN.N: UBS raises target price to $10 from $8
* Belite Bio, Inc BLTE.O: Canaccord Genuity initiates coverage with buy rating
* Belite Bio, Inc BLTE.O: Canaccord Genuity initiates coverage with target price $303
* BP BP.N: Morgan Stanley raises target price to $48.1 from $41.7
* Cal-Maine Foods, Inc. CALM.O: Stonex cuts to hold from buy
* Campbell'S Co CPB.O: UBS raises target price to $19 from $18
* Capital Bancorp Inc CBNK.O: Raymond James initiates coverage with market perform rating
* Casey'S General Stores CASY.O: Deutsche Bank cuts target price to $927 from $1000
* Centuri Holdings Inc CTRI.N: BofA Global Research cuts PT to $21.00 from $33.50
* Chewy Inc CHWY.N: Mizuho cuts target price to $32 from $40
* Ciena Corporation CIEN.N: B. Riley cuts target price to $347 from $413
* Ciena Corporation CIEN.N: Barclays cuts target price to $475 from $607
* Ciena Corporation CIEN.N: JP Morgan cuts target price to $605 from $635
* Ciena Corporation CIEN.N: Needham cuts target price to $520 from $600
* Ciena Corporation CIEN.N: Rosenblatt Securities cuts target price to $525 from $720
* Ciena Corporation CIEN.N: TD Cowen cuts target price to $400 from $575
* Ciena Corporation CIEN.N: UBS cuts target price to $394 from $508
* Clearway Energy Inc CWEN.N: Jefferies cuts target price to $38 from $45
* Climb Bio Inc CLYM.O: B. Riley raises target price to $30 from $26
* Climb Bio Inc CLYM.O: BTIG raises target price to $32 from $20
* Costco Wholesale COST.O: Deutsche Bank cuts target price to $1091 from $1120
* Costco Wholesale Corp COST.O: Bernstein cuts target price to $1144 from $1194
* Dianthus Therapeutics Inc DNTH.O: Citigroup initiates coverage with buy rating
* Dianthus Therapeutics Inc DNTH.O: Citigroup initiates coverage with target price $156
* Docusign Inc DOCU.O: Jefferies raises target price to $75 from $50
* Docusign Inc DOCU.O: Morgan Stanley raises target price to $75.00 from $69.00
* Docusign Inc DOCU.O: RBC raises target price to $70 from $55
* Docusign Inc DOCU.O: UBS raises target price to $70 from $54
* Docusign Inc DOCU.O: Wells Fargo raises target price to $60 from $55
* Dollar General Corp DG.N: Argus Research raises target price to $170 from $165
* Ferguson Enterprises Inc FERG.N: Jefferies resumes coverage with buy rating
* Ferguson Enterprises Inc FERG.N: Jefferies resumes coverage with target price $295
* Fluence Energy FLNC.O: Barclays cuts target price to $10 from $16
* Fluence Energy FLNC.O: Barclays cuts to underweight from equal-weight
* Four Corners Property Trust Inc. FCPT.N: Barclays raises target price to $30 from $29
    * Guidewire Software Inc. GWRE.N: Oppenheimer raises target price to $210 from $200
* Guidewire Software, Inc. GWRE.N: Raymond James raises target price to $215 from $180
* Guidewire Software, Inc. GWRE.N: Wells Fargo raises target price to $195 from $190
* HA Sustainable Infrastructure Capital Inc HASI.N: UBS cuts target to $44 from $51
* HA Sustainable Infrastructure Capital Inc HASI.N: UBS cuts to neutral from buy
* Helmerich & Payne, Inc. HP.N: Citigroup raises target price to $48 from $36
    * Infleqtion Inc INFQ.N: B. Riley initiates coverage with buy rating; target price $23
* Intel INTC.O: Mizuho cuts target price to $92 from $109
* Ionis Pharmaceuticals Inc IONS.O: BMO raises target price to $61 from $60
* Ionis Pharmaceuticals Inc IONS.O: Jefferies cuts target price to $88 from $90
* Jade Biosciences Inc JBIO.O: Clear Street raises target price to $48 from $25
* Lennar Corporation LEN.N: Stonex initiates coverage with hold rating
* Merck & Co Inc MRK.N: Wells Fargo raises target price to $170 from $150
* Microsoft MSFT.O: Stifel raises target price to $530 from $450
* National Beverage Corp. FIZZ.O: UBS cuts target price to $32 from $33
* NNN REIT Inc. NNN.N: Barclays raises target price to $47 from $45
* Norwegian Cruise Line Holdings Ltd. NCLH.N: Wells Fargo cuts target to $20 from $22
* Nutex Health Inc NUTX.O: B. Riley raises target price to $325 from $290
* Oracle Corporation ORCL.N: Morgan Stanley raises target price to $210 from $207
* Orange County Bancorp Inc OBT.O: Piper Sandler assumes coverage with overweight rating
* Orange County Bancorp Inc OBT.O: Piper Sandler assumes coverage with target price $44
* Ormat Technologies Inc ORA.N: Bernstein raises to market perform from underperform
    * Ormat Technologies Inc ORA.N: Jefferies cuts target price to $117 from $122
* Oxford Industries Inc OXM.N: Truist Securities cuts target price to $33 from $40
* Paccar Inc PCAR.O: Morgan Stanley raises target price to $125 from $119
* Patterson-UTI Energy Inc PTEN.O: Citigroup raises target price to $13.5 from $10.5
* PG&E Corp PCG.N: BofA Global Research raises price objective to $14.00 from $13.00
* PG&E Corporation PCG.N: Barclays cuts target price to $18 from $23
* Planet Labs Pbc PL.N: Needham cuts target price to $40 from $53
* Pultegroup Inc PHM.N: Stonex initiates coverage with buy rating; target price $148
* Robinhood Markets, Inc. HOOD.O: Deutsche Bank raises target price to $136 from $115
* Saia Inc SAIA.O: JP Morgan cuts target price to $490 from $498
* Samsara Inc (Pre-Reincorporation) IOT.N: BMO raises target price to $54 from $44
* Samsara Inc. IOT.N: Wells Fargo raises target price to $58 from $50
* Simmons First National Corporation SFNC.O: Piper Sandler raises PT to $27.5 from $26
* Simmons First National Corporation SFNC.O: Piper Sandler raises to overweight from neutral 
* Snowflake Inc SNOW.N: HSBC raises target price to $470 from $289
* Snowflake Inc. SNOW.N: Argus Research raises target price to $450 from $300
* Torrid Holdings Inc. CURV.N: BofA Global Research raises PT to $2.70 from $2.25
* Tyson Foods Inc TSN.N: Barclays cuts target price to $75 from $78
* Tyson Foods Inc TSN.N: BMO cuts target price to $65 from $75
* Uipath PATH.N: BofA Global Research raises price objective to $15.00 from $13.00
* Uipath Inc PATH.N: BMO raises target price to $18 from $13
* Uipath Inc PATH.N: Wells Fargo raises target price to $15 from $13
* Victoria'S Secret & Co. VSXY.N: Barclays cuts target price to $106 from $108
    * Victoria'S Secret & Co. VSXY.N: Morgan Stanley raises target price to $101 from $99
* Victoria'S Secret & Co. VSXY.N: UBS cuts target price to $87 from $95
* W. P. Carey Inc WPC.N: Barclays raises to equal-weight from underweight
* Zscaler Inc ZS.O: Barclays raises target price to $200 from $192
* Zscaler Inc ZS.O: BMO raises target price to $200 from $178
* Zscaler Inc ZS.O: Deutsche Bank raises target price to $215 from $175
* Zscaler Inc ZS.O: Needham raises target price to $215 from $180
* Zscaler Inc ZS.O: RBC raises target price to $210 from $200
* Zscaler Inc ZS.O: Scotiabank raises target price to $200 from $175
* Zscaler Inc ZS.O: Stephens raises target price to $225 from $200
* Zscaler Inc ZS.O: Wells Fargo raises target price to $215 from $210
* Docusign Inc DOCU.O: JP Morgan raises target price to $75 from $65
* Realty Income Corp. O.N: Barclays cuts target price to $65 from $67
* Samsara IOT.N: BofA Global Research raises price objective to $55.00 from $47.00


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