U.S. RESEARCH ROUNDUP-Albemarle, Celanese, Paycom Software

Cyren

26/03/2020 07:35

March 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Albemarle, Celanese and Paycom Software, on
Thursday. 
    
    HIGHLIGHTS
     * Albemarle Corp  ALB.N : Keybanc initiates coverage with sector weight rating
     * Celanese Corp  CE.N : Keybanc initiates coverage with sector weight rating
     * Eastman Chemical Co  EMN.N : Keybanc initiates coverage with overweight rating 
     * KKR Real Estate Finance Trust Inc  KREF.N : Citigroup raises to buy from neutral
     * Paycom Software Inc  PAYC.N : RBC cuts to sector perform from outperform
    
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order. 
     
     * Albemarle Corp  ALB.N : Keybanc initiates coverage with sector weight rating
     * Applied Optoelectronics Inc  AAOI.O : Piper Sandler cuts target price to $7.50 from $10
     * Avery Dennison Corp  AVY.N : Credit Suisse cuts target price to $105 from $129
     * Axalta Coating Systems  AXTA.N : Keybanc initiates coverage with overweight rating 
     * Axalta Coating Systems  AXTA.N : Keybanc initiates coverage with $23 price target
     * Blackstone Mortgage Trust Inc  BXMT.N : Citigroup cuts price target to $13 from $39
     * Bottomline Technologies (De) Inc  EPAY.O : Citigroup cuts price target to $43 from $65
     * Celanese Corp  CE.N : Keybanc initiates coverage with sector weight rating
     * Celyad SA  CYAD.O : H.C. Wainwright cuts target price to $37 from $43
     * Celyad SA  CYAD.O : Jonestrading cuts target price to $25 from $40
     * Ceridian Hcm Holding  CDAY.N : RBC cuts to sector perform from outperform
     * Ceridian Hcm Holding  CDAY.N : RBC cuts target price to $51 from $75
     * Chevron Corp  CVX.N : BofA Global Research raises price objective to $70 from $65
     * Corteva Inc  CTVA.N : Keybanc initiates coverage with sector weight rating
     * Cyren Ltd  CYRN.O : Craig-Hallum cuts target price to $2 from $2.50
     * Dte Energy Co  DTE.N : JP Morgan cuts target price to $115 from $140
     * Dupont  DD.N : Keybanc initiates coverage with overweight rating and $44 price target
     * Eastman Chemical Co  EMN.N : Keybanc initiates coverage with overweight rating 
     * Eastman Chemical Co  EMN.N : Keybanc initiates coverage with $58 price target
     * Elbit Systems Ltd  ESLT.O : Jefferies cuts target price to $145 from $185
     * Evo Payments Inc  EVOP.O : Citigroup cuts price target to $14 from $28
     * First Horizon National Corp  FHN.N : Stephens raises to overweight from equal-weight
     * Flowserve Corp  FLS.N : Cowen and Company cuts target price to $30 from $55
     * FMC Corp  FMC.N : Keybanc initiates coverage with overweight rating and $93 price target
     * Granite Point Mortgage Trust Inc  GPMT.N : Citigroup cuts price target to $2.5 from $16
     * Green Dot Corp  GDOT.N : BTIG raises to buy from neutral
     * Green Dot Corp  GDOT.N : Citigroup cuts price target to $22 from $36
     * Green Dot Corp  GDOT.N : Needham raises target price to $30 from $25
     * Himax Technologies  HIMX.O : Baird reinitiates coverage with outperform rating and $6 PT
     * Huntsman Corp  HUN.N : Keybanc initiates coverage with overweight rating
     * Inovalon Holdings Inc  INOV.O : Keybanc cuts target price to $20 from $25
     * Intuit Inc  INTU.O : JP Morgan cuts target price to $249 from $268
     * KKR Real Estate Finance Trust Inc  KREF.N : Citigroup raises to buy from neutral
     * KKR Real Estate Finance Trust Inc  KREF.N : Citigroup cuts price target to $14 from $21
     * Liberty Broadband Corp  LBRDK.O : Citigroup cuts price target to $118 from $161
     * Livent Corp  LTHM.N : Keybanc initiates coverage with sector weight rating
     * Lyondellbasell Industries NV  LYB.N : Keybanc initiates coverage with sector weight rating
     * Magellan Midstream Partners LP  MMP.N : Jonestrading cuts target price to $64 from $73
     * Mednax Inc  MD.N : Credit Suisse cuts target price to $22 from $29
     * Methanex Corp  MEOH.O : Scotiabank cuts target price to $19 from $24
     * Micron Technology Inc  MU.O : Piper Sandler cuts target price to $48 from $56
     * Occidental Petroleum Corp  OXY.N : Credit Suisse cuts target price to $8 from $10
     * Olin Corp  OLN.N : Keybanc initiates coverage with sector weight rating
     * Paychex Inc  PAYX.O : Evercore ISI cuts target price to $58 from $77
     * Paycom Software Inc  PAYC.N : RBC cuts to sector perform from outperform
     * Paycom Software Inc  PAYC.N : RBC cuts target price to $240 from $345
     * Primo Water Corp  PRMW.N : Scotiabank cuts target price to $13.50 from $18
     * Q2 Holdings Inc  QTWO.N : Citigroup cuts price target to $68 from $101
     * Sage Therapeutics Inc  SAGE.O : SunTrust Robinson cuts target price to $40 from $50
     * Shoe Carnival Inc  SCVL.O : Susquehanna raises target price to $26 from $18
     * SL Green Realty Corp  SLG.N : Piper Sandler cuts target price to $60 from $100
     * Square Inc  SQ.N : Stephens cuts target price to $58 from $59
     * SS&C Technologies Holdings Inc  SSNC.O : Citigroup cuts price target to $50 from $75
     * Stemline Therapeutics Inc  STML.O : JP Morgan cuts target price to $8 from $9
     * T2 Biosystems Inc  TTOO.O : Alliance Global Partners cuts target price to $1.10 from $1.80
     * Take-Two Interactive Software Inc  TTWO.O : CFRA cuts target price by $2 to $130
     * target Corp  TGT.N : Telsey Advisory Group cuts target price to $125 from $137
     * TPG Re Finance Trust Inc  TRTX.N : Citigroup cuts price target to $4 from $21
     * Tremont Mortgage Trust  TRMT.O : Citigroup cuts price target to $2.5 from $6
     * Valmont Industries Inc  VMI.N : Stifel cuts target price to $114 from $137
     * Waste Connections Inc  WCN.N : Scotiabank cuts target price to $95 from $110
     * Waste Management Inc  WM.N : Scotiabank cuts target price to $125 from $140
     * Western Union Co  WU.N : Citigroup cuts price target to $18 from $23
     * Westlake Chemical Corp  WLK.N : Keybanc initiates coverage with sector weight rating
     * Wingstop Inc  WING.O : Stifel cuts target price to $90 from $110
     * X4 Pharmaceuticals Inc  XFOR.O : Citigroup cuts price target to $15 from $16
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))