U.S. RESEARCH ROUNDUP-Bank of America, FedEx, JPMorgan
U.S. RESEARCH ROUNDUP-Bank of America, FedEx, JPMorgan June 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Bank of America, FedEx and JP Morgan on Wednesday.
HIGHLIGHTS
* Apogee Therapeutics APGE.O: Mizuho cuts to neutral from outperform |
* Bank of America BAC.N: Jefferies raises target price to $70 from $65 |
* FedEx FDX.N: Jefferies cuts target price to $360 from $450 |
* JPMorgan JPM.N: Jefferies raises target price to $340 from $325 |
* Principal Financial PFG.O: BofA Global Research cuts to underperform from neutral rating |
Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* 10X Genomics TXG.O: Barclays raises target price to $40 from $30 |
* Advanced Micro Devices Inc AMD.O: UBS raises target price to $670 from $455 |
* Agilent A.N: Barclays raises target price to $150 from $145 |
* Alpha and Omega Semiconductor Ltd AOSL.O: Stifel raises target price to $42 from $36 |
* American Airlines AAL.O: Jefferies raises target price to $16 from $15 |
* American Express Co AXP.N: Truist Securities raises target price to $375 from $360 |
* Analog Devices Inc ADI.O: Stifel raises target price to $498 from $450 |
* Antero Resources AR.N: Barclays raises target price to $45 from $43 |
* Apogee Therapeutics APGE.O: Mizuho cuts to neutral from outperform; raises PT to $135 from $110 |
* Apogee Therapeutics Inc APGE.O: TD Cowen cuts to hold from buy |
* Astera Labs, Inc ALAB.O: Stifel raises target price to $460 from $260 |
* Atlantic Union Bankshares Corp AUB.N: Jefferies raises target price to $50 from $45 |
* Avantor AVTR.N: Barclays raises target price to $8 from $7 |
* Axos Financial Inc AX.N: Jefferies raises target price to $110 from $105 |
* Backblaze Inc BLZE.O: William Blair raises to market perform from underperform |
* Banc of California Inc BANC.N: Jefferies raises target price to $25 from $23 |
* Bank of America BAC.N: Jefferies raises target price to $70 from $65 |
* Bok Financial Corp BOKF.O: Jefferies cuts target price to $160 from $165 |
* Boston Scientific Corp BSX.N: Jefferies cuts target price to $67 from $100 |
* Bruker BRKR.O: Barclays raises target price to $60 from $53 |
* California Resources Corp CRC.N: Gerdes Energy Research raises PT by $1 to $67 |
* California Resources Corp CRC.N: Gerdes Energy Research raises to buy from neutral |
* Carnival Corp CCL.N: HSBC raises target price to $31 from $30.5 |
* Carnival Corp. CCL.N: Barclays cuts target price to $35 from $36 |
* Carnival Corp. CCL.N: Deutsche Bank raises target price to $34 from $32 |
* Cathay General Bancorp CATY.O: Jefferies raises target price to $75 from $70 |
* Cbiz Inc CBZ.N: Barrington Research initiates coverage with outperform rating; PT $45 |
* Celanese Corp CE.N: Citigroup cuts target price to $68 from $80 |
* Celsius Holdings Inc CELH.O: BofA Global Research cuts PO to $45.00 from $55.00 |
* Celsius Holdings Inc CELH.O: Piper Sandler cuts target price to $49 from $67 |
* Cerebras Systems Inc CBRS.O: Morgan Stanley raises target price to $273 from $250 |
* Cerebras Systems Inc CBRS.O: Wedbush raises target price to $280 from $270 |
* Citigroup C.N: Jefferies raises target price to $180 from $160 |
* Citizens Financial CFG.N: Jefferies raises target price to $85 from $80 |
* Clearway Energy Inc CWEN.N: UBS raises target price to $45 from $44 |
* Costar Group Inc CSGP.O: Wells Fargo cuts target price to $26 from $33 |
* Cullen/Frost Bankers Inc CFR.N: Jefferies raises target price to $135 from $130 |
* Delta Air Lines Inc DAL.N: Jefferies raises target price to $100 from $81 |
* Digital Realty Trust Inc DLR.N: Truist Securities raises PT to $225 from $208 |
* Dow Inc DOW.N: Citigroup cuts target price to $35 from $41 |
* East West Bancorp Inc EWBC.O: Jefferies raises target price to $160 from $155 |
* Eastman Chemical Co EMN.N: Citigroup cuts target price to $85 from $88 |
* Ecolab Inc ECL.N: Citigroup raises target price to $330 from $325 |
* EQT Corp EQT.N: Truist Securities cuts target price to $65 from $74 |
* Evercore Inc EVR.N: BMO raises target price to $390 from $333 |
* Fedex FDX.N: Bernstein cuts target price to $397 from $424 |
* FedEx FDX.N: BofA Global Research raises PO to $378 from $376 |
* FedEx FDX.N: Citigroup raises target price to $359 from $356.73 |
* FedEx FDX.N: Jefferies cuts target price to $360 from $450 |
* Fedex FDX.N: Raymond James cuts target price to $330 from $415 |
* FedEx FDX.N: Stifel cuts target price to $326 from $442 |
* Fedex FDX.N: TD Cowen cuts target price to $354 from $426 |
* Fedex FDX.N: UBS cuts target price to $350 from $445 |
* Fervo Energy FRVO.O: Barclays raises target price to $48 from $47 |
* Fifth Third Bancorp FITB.N: Truist Securities raises target price to $60 from $57 |
* Flowserve Corp FLS.N: TD Cowen cuts to hold from buy; cuts PT to $70 from $85 |
* Gartner Inc IT.N: Wells Fargo cuts target price to $120 from $140 |
* Guardant Health GH.O: Barclays raises target price to $150 from $120 |
* Hinge Health Inc HNGE.N: Wells Fargo raises target price to $90 from $80 |
* Humana Inc HUM.N: BofA Global Research raises price objective to $380 from $340 |
* Huntington Bancshares Inc HBAN.O: Jefferies raises target price to $21 from $20 |
* Illumina ILMN.O: Barclays raises target price to $145 from $122 |
* International Flavors & Fragrances Inc IFF.N: Citigroup cuts PT to $88 from $96 |
* Invitation Homes, Inc. INVH.N: Wells Fargo raises target price to $33 from $31 |
* Jfrog Ltd FROG.O: UBS raises target price to $92 from $80 |
* JPMorgan JPM.N: Jefferies raises target price to $340 from $325 |
* KB Home KBH.N: UBS raises target price to $66 from $63 |
* KB Home KBH.N: Wells Fargo raises target price to $52 from $50 |
* Korn Ferry KFY.N: UBS raises target price to $75 from $70 |
* M&T Bank Corp MTB.N: Jefferies raises target price to $275 from $265 |
* Macerich Co MAC.N: Citigroup raises to buy from neutral; raises PT to $28 from $24 |
* Macom Technology Solutions Holdings Inc MTSI.O: Stifel raises PT to $450 from $385 |
* Marvell Technology Inc MRVL.O: Stifel raises target price to $350 from $321 |
* Morgan Stanley MS.N: Wells Fargo raises target price to $225 from $200 |
* Natera NTRA.O: Barclays cuts target price to $260 from $280 |
* Norfolk Southern Corp NSC.N: RBC cuts target price to $320 from $360 |
* Northern Trust Corporation NTRS.O: Wells Fargo raises target price to $189 from $175 |
* Nucor Corp NUE.N: Keybanc raises to overweight from sector weight |
* Nuvalent Inc NUVL.O: Bernstein cuts to market-perform from outperform |
* Nuvalent Inc NUVL.O: Bernstein cuts target price to $124 from $172 |
* Odysight.Ai Inc ODYS.O: Benchmark reinstates coverage with buy rating; PT $6 |
* Okta Inc OKTA.O: Needham raises target price to $140 from $120 |
* Onsemi ON.O: Stifel raises target price to $107 from $90 |
* PNC Financial Services PNC.N: Jefferies raises target price to $290 from $280 |
* Power Integrations Inc POWI.O: Stifel raises target price to $95 from $82 |
* PPG Industries Inc PPG.N: Citigroup raises target price to $125 from $114 |
* Principal Financial PFG.O: BofA Global Research cuts PO to $95.00 from $98.00 |
* Principal Financial PFG.O: BofA Global Research cuts to underperform from neutral rating |
* Principal Financial Inc PFG.O: Piper Sandler raises target price to $125 from $113 |
* Procept Biorobotics PRCT.O: Evercore ISI initiates coverage with outperform rating |
* Procept Biorobotics PRCT.O: Evercore ISI initiates coverage with PT $30 |
* Prosperity Bancshares, Inc PB.N: Jefferies raises target price to $90 from $85 |
* Quince Therapeutics QNCX.O: Leerink Partners initiates coverage with outperform rating |
* Quince Therapeutics QNCX.O: Leerink Partners initiates coverage with PT $4 |
* Rapport Therapeutics RAPP.O: Leerink Partners initiates coverage with outperform rating |
* Rapport Therapeutics RAPP.O: Leerink Partners initiates coverage with PT $52 |
* Sherwin-Williams Co SHW.N: Citigroup raises target price to $380 from $355 |
* Simon Property Group Inc SPG.N: Truist Securities raises PT to $215 from $196 |
* SL Green Realty Corp SLG.N: Deutsche Bank raises target price to $55 from $46 |
* Sotera Health Company SHC.O: Barclays raises target price to $19 from $18 |
* State Street Corporation STT.N: Wells Fargo raises target price to $196 from $171 |
* Sunbelt Rentals Holdings Inc SUNB.N: Citigroup cuts target price to $90 from $95 |
* Suncrete Inc RMIX.O: B. Riley initiates coverage with buy rating; target price $26 |
* Sunstone Hotel Investors Inc SHO.N: Wells Fargo raises target price to $13 from $12 |
* Take-Two Interactive Software TTWO.O: BTIG initiates coverage with buy rating; PT $290 |
* Texas Capital Bancshares Inc TCBI.O: Jefferies cuts target price to $105 from $110 |
* Texas Instruments Inc TXN.O: Stifel raises target price to $360 from $340 |
* the Bank of New York Mellon Corp BNY.N: Wells Fargo raises PT to $152 from $137 |
* the Goldman Sachs Group, Inc. GS.N: Wells Fargo raises PT to $1195 from $1000 |
* the New York Times Company NYT.N: BofA Global Research cuts PO to $80.00 from $87.00 |
* Twist Bioscience TWST.O: Barclays raises target price to $95 from $65 |
* UnitedHealth UNH.N: BofA Global Research raises price objective to $475 from $450 |
* Varonis Systems Inc VRNS.O: Stephens raises to overweight from equal-weight |
* Varonis Systems Inc VRNS.O: Stephensraises target price to $45 from $33 |
* Westlake Corp WLK.N: Citigroup cuts target price to $85 from $95 |
* Wingstop Inc WING.O: BofA Global Research cuts PO to $234.00 from $264.00 |
* Wintrust Financial Corp WTFC.O: Jefferies raises target price to $190 from $185 |
* X-Energy Inc XE.O: Jefferies cuts target price to $22 from $30 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
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