U.S. RESEARCH ROUNDUP-Adobe, Dell Technologies, Zscaler
U.S. RESEARCH ROUNDUP-Adobe, Dell Technologies, Zscaler Sept 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adobe, Dell Technologies and Zscaler, on Wednesday.
HIGHLIGHTS
* Adobe Inc ADBE.O: RBC raises target price to $315 from $285 |
* Dell Technologies (Pre-Reincorporation) DELL.N: JP Morgan raises PT to $635 from $565 |
* Oracle Corporation ORCL.N: Jefferies cuts target price to $290 from $320 |
* Palo Alto Networks, Inc. PANW.O: RBC raises target price to $475 from $434 |
* Zscaler, Inc. ZS.O: Jefferies raises target price to $220 from $200 |
Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* Academy Sports and Outdoors, Inc. ASO.O: JP Morgan cuts target price to $51 from $59 |
* Academy Sports and Outdoors, Inc. ASO.O: Telsey Advisory Group cuts PT to $60 from $65 |
* Adobe Inc ADBE.O: RBC raises target price to $315 from $285 |
* Aevex Corp AVEX.N: Piper Sandler initiates coverage with neutral rating; target $20 |
* Almonty Industries Inc. ALM.O: Jefferies initiates with buy rating; target price $26.25 |
* Alumis Inc. ALMS.O: H.C. Wainwright cuts to buy from neutral |
* Alumis Inc. ALMS.O: Leerink Partners cuts target price to $26 from $34 |
* Alumis Inc. ALMS.O: Morgan Stanley cuts target price to $29.00 from $39.00 |
* Alumis Inc. ALMS.O: Oppenheimer cuts target price to $37 from $55 |
* Alumis Inc. ALMS.O: Wells Fargo cuts target price to $25 from $51 |
* American Healthcare Reit, Inc. AHR.N: Scotiabank raises target price to $62 from $56 |
* Amrize AMRZ.N: BofA Global Research cuts price objective to $40 from $50 |
* Amrize AMRZ.N: BofA Global Research cuts price objective to $40.00 from $50.00 |
* Amrize AMRZ.N: BofA Global Research cuts to underperform from neutral rating |
* Amrize AMRZ.N: JP Morgan cuts target price to $52 from $57 |
* Amrize AMRZ.N: JP Morgan cuts to neutral from overweight |
* AST Spacemobile, Inc. ASTS.O: Berenberg initiates coverage with buy rating; target $92 |
* Atricure, Inc. ATRC.O: Needham raises target price to $64 from $45 |
* BILLIONTOONE, INC BLLN.O: Canaccord Genuity initiates coverage with buy rating; PT $120 |
* Braze Inc. BRZE.O: Barclays raises target price to $38 from $31 |
* Braze, Inc. BRZE.O: Barclays raises target price to $38 from $31 |
* Caredx, Inc. CDNA.O: Canaccord Genuity initiates coverage with buy rating; PT $65 |
* Calumet, Inc. CLMT.O: H.C. Wainwright raises target price to $75 from $60 |
* Chord Energy Corporation CHRD.O: Wells Fargo raises target price to $175 from $163 |
* Comstock Resources, Inc. CRK.N: BMO raises target price to $17 from $13 |
* Comstock Resources, Inc. CRK.N: Gerdes Energy Research cuts to neutral from buy |
* Crescent Energy Company CRGY.N: Wells Fargo cuts target price to $19 from $24 |
* Curtiss-Wright Corporation CW.N: Piper Sandler initiates with neutral rating; PT $665 |
* Dell Technologies (Pre-Reincorporation) DELL.N: Citigroup raises PT to $600 from $515 |
* Dell Technologies (Pre-Reincorporation) DELL.N: JP Morgan raises PT to $635 from $565 |
* Dell Technologies (Pre-Reincorporation) DELL.N: Melius Research ups PT to $735 from $650 |
* Dell Technologies (Pre-Reincorporation) DELL.N: Mizuho ups target to $600 from $500 |
* Dell Technologies (Pre-Reincorporation) DELL.N: Truist Securities ups PT to $505 from $360 |
* Dell Technologies Inc DELL.N: BofA Global Research raises price objective to $600 from $505 |
* Dell Technologies Inc DELL.N: Piper Sandler raises target price to $588 from $497 |
* Dell Technologies Inc DELL.N: UBS raises target price to $500 from $455 |
* Dell Technologies Inc. DELL.N: Barclays raises target price to $603 from $550 |
* Dell Technologies Inc. DELL.N: Morgan Stanley raises target price to $499.00 from $434.00 |
* Disc Medicine, Inc. IRON.O: Wedbush raises target price to $100 from $88 |
* Docusign, Inc. DOCU.O: BTIG raises target price to $75 from $60 |
* Domino's Pizza, Inc. DPZ.O: UBS raises target price to $385 from $375 |
* Eagle Nuclear Energy Corp. NUCL.O: H.C. Wainwright initiates with buy rating; PT $11.5 |
* Edison International EIX.N: JP Morgan cuts target price to $61 from $82 |
* Element Solutions Inc ESI.N: Jefferies initiates coverage with buy rating; target $55 |
* Enovis Corporation ENOV.N: BTIG cuts target price to $36 from $40 |
* Enovis Corporation ENOV.N: JP Morgan cuts target price to $24 from $28 |
* Enovis Corporation ENOV.N: Wells Fargo cuts target price to $33 from $39 |
* Extra Space Storage Inc. EXR.N: Mizuho cuts target price to $152 from $155 |
* Eyepoint Inc EYPT.O: TD Cowen cuts to hold from buy; cuts target price to $4 from $20 |
* Gaming and Leisure Properties, Inc. GLPI.O: Mizuho cuts target price to $48 from $53 |
* Gitlab Inc. GTLB.O: Barclays raises target price to $47 from $25 |
* Gitlab Inc. GTLB.O: BofA Global Research raises price objective to $54.00 from $45.00 |
* Gitlab Inc. GTLB.O: D.A. Davidson raises target price to $55 from $45 |
* Gitlab Inc. GTLB.O: Mizuho raises target price to $47 from $34 |
* Gitlab Inc. GTLB.O: Morgan Stanley raises target price to $57.00 from $30.00 |
* Gitlab Inc. GTLB.O: Needham raises target price to $65 from $38 |
* Gitlab Inc. GTLB.O: Piper Sandler raises target price to $52 from $28 |
* Gitlab Inc. GTLB.O: RBC raises target price to $60 from $46 |
* Gitlab Inc. GTLB.O: Rosenblatt Securities raises target price to $55 from $43 |
* Gitlab Inc. GTLB.O: TD Cowen raises target price to $55 from $42 |
* Gitlab Inc. GTLB.O: Truist Securities raises target price to $48 from $40 |
* Gitlab Inc. GTLB.O: UBS raises target price to $50 from $40 |
* Gitlab Inc. GTLB.O: Wells Fargo raises target price to $50 from $40 |
* Gitlab Inc. GTLB.O: William Blair raises to market perform from underperform |
* Globalfoundries Inc. GFS.O: Stifel initiates coverage with buy rating; target $60 |
* Guidewire Software, Inc. GWRE.N: BTIG raises target price to $230 from $175 |
* Harley-Davidson, Inc. HOG.N: UBS raises target price to $28 from $26 |
* Hawkeye 360 Inc HAWK.N: Berenberg initiates coverage with buy rating; target price $24 |
* Iperionx Limited IPX.O: Jefferies initiates coverage with buy rating; target price $26 |
* Johnson & Johnson JNJ.N: UBS raises target price to $320 from $280 |
* Knife River Corp KNF.N: JP Morgan cuts target price to $73 from $80 |
* Knife River Corp KNF.N: JP Morgan cuts to underweight from neutral |
* Kymera Therapeutics, Inc. KYMR.O: JP Morgan raises target price to $140 from $121 |
* Maplebear Inc. CART.O: Argus Research raises target price to $58 from $50 |
* Martin Marietta Materials, Inc. MLM.N: JP Morgan raises to overweight from neutral |
* Matador Resources Company MTDR.N: Wells Fargo cuts target price to $77 from $79 |
* Matador Resources Company MTDR.N: Wells Fargo raises to overweight from equal weight |
* Materion Corporation MTRN.N: Jefferies initiates coverage with buy rating; target $314 |
* Minimed Group Inc MMED.O: BTIG raises target price to $28 from $25 |
* Minimed Group Inc MMED.O: Citigroup raises target price to $26 from $23 |
* Minimed Group Inc MMED.O: Mizuho raises target price to $26 from $21 |
* Minimed Group Inc MMED.O: UBS raises target price to $28 from $25 |
* MongoDB, Inc. MDB.O: Barclays raises target price to $480 from $460 |
* MongoDB, Inc. MDB.O: Bernstein raises target price to $484 from $449 |
* MongoDB, Inc. MDB.O: BMO cuts target price to $450 from $500 |
* MongoDB, Inc. MDB.O: Citigroup raises target price to $565 from $545 |
* MongoDB, Inc. MDB.O: Mizuho raises target price to $460 from $400 |
* MongoDB, Inc. MDB.O: Monness Crespi Hardt raises target price to $500 from $460 |
* MongoDB, Inc. MDB.O: Morgan Stanley raises target price to $430.00 from $380.00 |
* MongoDB, Inc. MDB.O: Piper Sandler raises target price to $470 from $400 |
* MongoDB, Inc. MDB.O: RBC cuts target price to $465 from $515 |
* MongoDB, INC. MDB.O: Canaccord Genuity raises target price to $480 from $400 |
* MongoDB, Inc. MDB.O: Rosenblatt Securities raises target price to $445 from $395 |
* MongoDB, Inc. MDB.O: Scotiabank raises target price to $440 from $395 |
* MongoDB, Inc. MDB.O: Stifel cuts target price to $465 from $475 |
* MongoDB, Inc. MDB.O: UBS cuts target price to $410 from $460 |
* Murphy Oil Corporation MUR.N: Wells Fargo cuts target price to $41 from $45 |
* Niocorp Developments Ltd. NB.O: Jefferies initiates coverage with hold rating; PT $4.7 |
* OGE Energy Corp. OGE.N: RBC raises target price to $54 from $50 |
* OGE Energy Corp. OGE.N: RBC raises to outperform from sector perform |
* Oneok, Inc. OKE.N: Wells Fargo raises target price to $106 from $98 |
* Oracle Corporation ORCL.N: Jefferies cuts target price to $290 from $320 |
* Ovintiv Inc. OVV.N: Wells Fargo raises target price to $79 from $78 |
* Palo Alto Networks Inc PANW.O: Morgan Stanley raises target price to $394.00 from $387.00 |
* Palo Alto Networks, Inc. PANW.O: Barclays raises target price to $375 from $370 |
* Palo Alto Networks, Inc. PANW.O: BTIG raises target price to $404 from $380 |
* Palo Alto Networks, Inc. PANW.O: Citigroup raises target price to $410 from $400 |
* Palo Alto Networks, Inc. PANW.O: D.A. Davidson raises target price to $420 from $345 |
* Palo Alto Networks, Inc. PANW.O: Oppenheimer raises target price to $450 from $400 |
* Palo Alto Networks, Inc. PANW.O: RBC raises target price to $475 from $434 |
* Palo Alto Networks, Inc. PANW.O: Rosenblatt Securities raises target price to $415 from $355 |
* Palo Alto Networks, Inc. PANW.O: Stephens raises target price to $400 from $370 |
* Planet Labs PBC PL.N: Berenberg initiates coverage with buy rating; target price $25 |
* Public Storage PSA.N: Mizuho raises target price to $319 from $316 |
* Public Storage PSA.N: Scotiabank cuts target price to $343 from $346 |
* Rare Earths Americas Inc REA.A: Jefferies initiates with hold rating; target $12.3 |
* Red Cat Holdings RCAT.O: Piper Sandler initiates coverage with neutral rating; PT $9 |
* Ring Energy Inc REI.A: Mizuho initiates coverage with neutral rating; target price $2 |
* Robinhood Markets, Inc. HOOD.O: Piper Sandler raises target price to $145 from $135 |
* Rocket Lab Corp RKLB.O: Berenberg initiates coverage with buy rating; target price $83 |
* Science Applications International SAIC.O: TD Cowen raises target to $140 from $125 |
* Sempra SRE.N: JP Morgan cuts target price to $102 from $113 |
* Sirius XM Holdings Inc. SIRI.O: Deutsche Bank raises to buy from hold |
* Sirius XM Holdings Inc. SIRI.O: Deutsche Bank raises target price to $45 from $31 |
* Spacex SPCX.O: Oppenheimer raises target price to $280 from $250 |
* Stitch Fix, Inc. SFIX.O: UBS cuts target price to $4 from $4.5 |
* Sunbelt Rentals Holdings Inc SUNB.N: JP Morgan cuts target price to $71 from $74 |
* Taiwan Semiconductor Manufacturing Company TSM.N: Stifel initiates with buy rating; PT $515 |
* Targa Resources Corp. TRGP.N: Wells Fargo raises target price to $324 from $282 |
* Tower Semiconductor Ltd. TSEM.O: Stifel initiates coverage with buy rating; target $270 |
* TScan Therapeutics Inc TCRX.O: Wedbush cuts to neutral from outperform |
* TScan Therapeutics Inc TCRX.O: Wedbush cuts target price to $1 from $5 |
* USA Rare Earth, Inc. USAR.O: Jefferies initiates coverage with buy rating; target $21 |
* Vertex Pharmaceuticals VRTX.O: Morgan Stanley resumes with overweight rating; PT $665 |
* VICI Properties Inc VICI.N: Mizuho cuts target price to $27 from $30 |
* Vivmark Residential VMRK.N: Barclays cuts target price to $75 from $76 |
* Welltower Inc. WELL.N: JP Morgan raises target price to $260 from $230 |
* Welltower Inc. WELL.N: Scotiabank raises target price to $251 from $244 |
* Williams-Sonoma Inc WSM.N: Argus Research raises target price to $250 from $230 |
* Zscaler, Inc. ZS.O: Jefferies raises target price to $220 from $200 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
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