U.S. RESEARCH ROUNDUP-Adobe, Apple, Pinterest

Dennys

18/07/2023 08:28

July 18 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Adobe, Apple and Pinterest, on Tuesday. 

    HIGHLIGHTS
                 * Adobe Inc  ADBE.O : Melius Research initiates coverage with buy rating 
 
                 * Alphabet Inc  GOOGL.O : Melius Research initiates coverage with hold rating
 
                 * Apple  AAPL.O : Melius Research initiates coverage with buy rating; price
 target $240 
 
                 * Douglas Elliman Inc  DOUG.N : BTIG starts coverage with neutral rating 
 
                 * Pinterest Inc  PINS.N : Evercore ISI raises to outperform from in line
 
 
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 

                 * Adobe Inc  ADBE.O : Melius Research initiates coverage with buy rating 
 
                 * Adobe Inc  ADBE.O : Melius Research initiates coverage with price target $657 
 
                 * Advanced Micro Devices Inc  AMD.O : Melius Research initiates coverage with hold rating
 
                 * Advanced Micro Devices Inc  AMD.O : Melius Research initiates coverage with price
 target $132 
 
                 * Albertsons Companies Inc  ACI.N : Evercore ISI raises target price to $22 from $21 
 
                 * Alphabet Inc  GOOGL.O : Melius Research initiates coverage with hold rating
 
                 * Alphabet Inc  GOOGL.O : Melius Research initiates coverage with price target $147 
 
                 * Ameresco Inc  AMRC.N : Piper Sandler raises target price to $66 from $62 
 
                 * America'S Car-Mart Inc  CRMT.O : Stephens raises to overweight from equal-weight
 
                 * America'S Car-Mart Inc  CRMT.O : Stephens raises target price to $135 from $70 
 
                 * Amphastar Pharmaceuticals Inc  AMPH.O : Piper Sandler raises target price to $66 from
 $55 
 
                 * Anywhere Real Estate Inc  HOUS.N : BTIG starts coverage with neutral rating 
 
                 * Apple  AAPL.O : Jefferies raises target price to $225 from $210 
 
                 * Apple  AAPL.O : Melius Research initiates coverage with buy rating; price target $240 
 
                 * Ares Capital Corp  ARCC.O : KBW raises target price to $21 from $20 
 
                 * Arista Networks Inc  ANET.N : Melius Research initiates coverage with hold rating
 
                 * Arista Networks Inc  ANET.N : Melius Research initiates coverage with price target $190
 
                 * Autonation Inc  AN.N : Wells Fargo raises target price to $174 from $144 
 
                 * Autozone Inc  AZO.N : Evercore ISI raises target price to $2840 from $2770 
 
                 * Barings BDC Inc  BBDC.N : KBW raises target price to $9.5 from $9 
 
                 * BJ's Restaurants  BJRI.O : Piper Sandler initiates with neutral rating; price target
 $35 
 
                 * BJ's Wholesale Club Holdings Inc  BJ.N : Evercore ISI cuts target price to $70 from $71
 
                 * Bloomin' Brands  BLMN.O : Piper Sandler initiates with neutral rating; price target $28
 
                 * BridgeBio pharma Inc  BBIO.O : BTIG raises target price to $42 from $32 
 
                 * BridgeBio pharma Inc  BBIO.O : Jefferies cuts to hold from buy 
 
                 * BridgeBio pharma Inc  BBIO.O : Jefferies raises target price to $33 from $24 
 
                 * BridgeBio pharma Inc  BBIO.O : JP Morgan raises target price to $42 from $29 
 
                 * BridgeBio pharma Inc  BBIO.O : Mizuho raises target price to $50 from $29 
 
                 * Brinker International Inc  EAT.N : Piper Sandler initiates with neutral rating
 
                 * Brinker International Inc  EAT.N : Piper Sandler initiates with price target $40 
 
                 * Cadence Design Systems Inc  CDNS.O : Wells Fargo raises target price to $270 from $250 
 
                 * Caesars Entertainment Inc  CZR.O : JP Morgan raises target price to $71 from $70 
 
                 * Carrier Global Corp  CARR.N : Baird raises target price to $58 from $48 
 
                 * Carvana Co  CVNA.N : Evercore ISI raises target price to $24 from $23 
 
                 * Cheesecake Factory Inc  CAKE.O : Piper Sandler initiates with neutral rating; target
 $36 
 
                 * Chevron  CVX.N : HSBC cuts target price to $180 from $189 
 
                 * Chuy's Holdings Inc  CHUY.O : Piper Sandler initiates with neutral rating; target $43 
 
                 * Cisco  CSCO.O : Melius Research initiates coverage with buy rating; price target $63 
 
                 * Citigroup Inc  C.N : Goldman Sachs cuts target price to $48 from $50 
 
                 * Compass Inc  COMP.N : BTIG starts coverage with buy rating; target price $5 
 
                 * Costar Group Inc  CSGP.O : Baird raises target price to $100 from $90 
 
                 * Cracker Barrel Old Country Store  CBRL.O : Piper Sandler initiates with neutral rating
 
                 * Cracker Barrel Old Country Store  CBRL.O : Piper Sandler initiates with target $96 
 
                 * Darden Restaurants Inc  DRI.N : Piper Sandler initiates with neutral rating; target
 $167 
 
                 * Dave & Buster'S Entertainment  PLAY.O : Piper Sandler initiates with overweight rating
 
                 * Dave & Buster'S Entertainment  PLAY.O : Piper Sandler initiates with price target $56 
 
                 * Denny'S Corp  DENN.O : Piper Sandler initiates with neutral rating; price target $12 
 
                 * Dine Brands Global Inc  DIN.N : Piper Sandler initiates with neutral rating; target $63
 
                 * Dollar General Corp  DG.N : Evercore ISI raises target price to $205 from $200 
 
                 * Dollar Tree Inc  DLTR.O : Evercore ISI raises target price to $164 from $160 
 
                 * Douglas Elliman Inc  DOUG.N : BTIG starts coverage with neutral rating 
 
                 * Enanta Pharmaceuticals Inc  ENTA.O : Leerink Partners cuts target price to $27 from $37
 
                 * Enphase Energy Inc  ENPH.O : Piper Sandler cuts target price to $210 from $230 
 
                 * Equifax Inc  EFX.N : Baird raises target price to $260 from $237 
 
                 * Equity Lifestyle Properties Inc  ELS.N : Colliers Securities raises PT to $82 from $81 
 
                 * Exp World Holdings Inc  EXPI.O : BTIG starts with sell rating; target price $14 
 
                 * Exxon Mobil Corporation  XOM.N : HSBC cuts target price to $110 from $112.5 
 
                 * fair Isaac Corp  FICO.N : Baird raises target price to $850 from $775 
 
                 * First American Financial Corp  FAF.N : BTIG assumes coverage with neutral rating 
 
                 * First Watch Restaurant Group Inc  FWRG.O : Piper Sandler initiates with overweight
 rating
 
                 * First Watch Restaurant Group Inc  FWRG.O : Piper Sandler initiates with price target
 $22 
 
                 * Five Below Inc  FIVE.O : Evercore ISI raises target price to $215 from $205 
 
                 * Fleetcor Technologies Inc  FLT.N : Jefferies raises target price to $300 from $255 
 
                 * Floor & Decor Holdings Inc  FND.N : Evercore ISI raises target price to $115 from $100 
 
                 * Gartner Inc  IT.N : Baird raises target price to $425 from $381 
 
                 * Generac Holdings Inc  GNRC.N : Piper Sandler raises target price to $160 from $155 
 
                 * Genuine Parts Co  GPC.N : Evercore ISI raises target price to $170 from $165 
 
                 * Hershey Co  HSY.N : Jefferies cuts target price to $270 from $285 
 
                 * Home Depot Inc  HD.N : Evercore ISI raises target price to $360 from $350 
 
                 * IBM  IBM.N : Melius Research initiates coverage with buy rating; price target $172 
 
                 * Immunovant Inc  IMVT.O : Leerink Partners raises target price to $29 from $27 
 
                 * Intel Corp  INTC.O : Melius Research initiates coverage with buy rating; price target
 $43 
 
                 * Kroger Co  KR.N : Evercore ISI cuts target price to $53 from $54 
 
                 * Lennox International Inc  LII.N : Baird raises target price to $375 from $300 
 
                 * Lithia Motors Inc  LAD.N : Wells Fargo raises target price to $318 from $219 
 
                 * Lowe's Companies Inc  LOW.N : Evercore ISI raises target price to $230 from $220 
 
                 * Microsoft  MSFT.O : Melius Research initiates coverage with buy rating; price target
 $430 
 
                 * Mirum Pharmaceuticals Inc  MIRM.O : Raymond James raises target price to $82 from $81 
 
                 * Moelis & Co  MC.N : JP Morgan raises target price to $45 from $38 
 
                 * Moody's Corp  MCO.N : Baird raises target price to $383 from $350 
 
                 * Murphy USA Inc  MUSA.N : Raymond James raises target price to $350 from $315 
 
                 * Netflix Inc  NFLX.O : Jefferies raises target price to $520 from $440 
 
                 * Nvidia Corp  NVDA.O : Melius Research initiates coverage with buy rating; target $625 
 
                 * Oracle Corp  ORCL.N : Melius Research initiates coverage with hold rating; target $140 
 
                 * O'Reilly Automotive Inc  ORLY.O : Evercore ISI raises target price to $1020 from $1010 
 
                 * Pinterest Inc  PINS.N : Evercore ISI raises to outperform from in line
 
                 * Pinterest Inc  PINS.N : Evercore ISI raises target price to $41 from $30 
 
                 * Plug Power Inc  PLUG.O : Piper Sandler raises target price to $9 from $8 
 
                 * Progressive Corp  PGR.N : Jefferies cuts target price to $156 from $165 
 
                 * Re/Max Holdings Inc  RMAX.N : BTIG starts with neutral rating 
 
                 * S&P Global Inc  SPGI.N : Baird raises target price to $460 from $401 
 
                 * Sherwin-Williams Co  SHW.N : Evercore ISI raises target price to $280 from $270 
 
                 * Snowflake Inc.  SNOW.N : Melius Research initiates coverage with hold rating; PT $200 
 
                 * Sprouts Farmers market Inc  SFM.O : Evercore ISI raises target price to $34 from $31 
 
                 * Staar Surgical Co  STAA.O : Stephens cuts target price to $71 from $79 
 
                 * Stewart Information Services Corp  STC.N : BTIG assumes coverage with neutral rating 
 
                 * Sunnova Energy International  NOVA.N : Piper Sandler cuts target price to $26 from $27 
 
                 * Sunpower Corp  SPWR.O : Piper Sandler cuts target price to $9 from $12 
 
                 * Sunrun Inc  RUN.O : Piper Sandler cuts target price to $20 from $27 
 
                 * T Rowe price Group Inc  TROW.O : JP Morgan raises target price to $94 from $90 
 
                 * Tesla Inc  TSLA.O : Baird raises target price to $300 from $252 
 
                 * Texas Roadhouse Inc  TXRH.O : Piper Sandler initiates with overweight rating; PT $126 
 
                 * Tractor Supply Co  TSCO.O : Evercore ISI raises target price to $255 from $250 
 
                 * TransUnion  TRU.N : Baird raises target price to $91 from $83 
 
                 * Verisk Analytics Inc  VRSK.O : Baird raises target price to $250 from $225 
 
                 * Wayfair Inc  W.N : Evercore ISI raises target price to $70 from $64 
 
                 * WEX Inc  WEX.N : Jefferies raises target price to $195 from $180 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))