U.S. RESEARCH ROUNDUP-Biogen, Crown Castle, Eastgroup Properties

Federal Realty Investment Trust

02/01/2025 14:57

Jan 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed
companies, including Biogen, Crown Castle and Eastgroup Properties on Thursday. 
    
    HIGHLIGHTS
     * Biogen  BIIB.O : Piper Sandler cuts to neutral from overweight
     * Crown Castle Inc  CCI.N : Jefferies cuts to hold from buy
     * Eastgroup Properties Inc  EGP.N : Jefferies raises to buy from hold
     * Simon Property Group Inc  SPG.N : Jefferies raises to buy from hold
     * UDR Inc  UDR.N : Jefferies cuts target price to $45 from $50
 
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday. Stock entries are in
alphabetical order. 
  
     * Alexandria Real Estate Equities Inc  ARE.N : Jefferies cuts PT to $105 from $110
     * Alexandria Real Estate Equities Inc  ARE.N : Wedbush cuts target price to $104 from $110
     * American Homes 4 Rent  AMH.N : Jefferies cuts target price to $43 from $44
     * American Tower Corp  AMT.N : Jefferies cuts target price to $210 from $253
     * Amgen Inc  AMGN.O : Piper Sandler cuts target price to $310 from $344
                 * Apollo Global Management  APO.N : Deutsche Bank raises target price to $175 from $163
 
                 * Apple Hospitality REIT Inc  APLE.N : Wedbush cuts target price to $16 from $17
 
                 * Ardelyx Inc  ARDX.O : Jefferies cuts target price to $8 from $11
 
     * Biogen  BIIB.O : Piper Sandler cuts target price to $138 from $315
     * Biogen  BIIB.O : Piper Sandler cuts to neutral from overweight
     * Brixmor Property Group Inc  BRX.N : Jefferies raises target price to $30 from $29
                 * Broadstone Net Lease Inc  BNL.N : Wedbush cuts target price to $18 from $20
 
     * BXP Inc  BXP.N : Wedbush cuts to underperform from neutral; cuts PT to $70 from $81
                 * CACI International Inc  CACI.N : Raymond James raises to outperform from market perform
 
     * Camden Property Trust  CPT.N : Jefferies cuts target price to $117 from $123
     * Caretrust REIT Inc  CTRE.N : Jefferies cuts target price to $32 from $36
     * Caretrust REIT Inc  CTRE.N : Wedbush cuts target price to $26 from $34
     * Caretrust REIT Inc  CTRE.N : Wedbush cuts to underperform from neutral
                 * Carnival Corp  CCL.N : Deutsche Bank raises target price to $29 from $28
 
                 * Conagra Brands  CAG.N : Deutsche Bank cuts target price to $28 from $29
 
     * Core Scientific Inc  CORZ.O : Jefferies raises target price to $20 from $19
                 * Corvus Pharmaceuticals Inc  CRVS.O : H.C. Wainwright initiates coverage with buy rating 
 
                 * Corvus Pharmaceuticals Inc  CRVS.O : H.C. Wainwright initiates coverage with target price $11
 
     * Crown Castle Inc  CCI.N : Jefferies cuts target price to $84 from $127
     * Crown Castle Inc  CCI.N : Jefferies cuts to hold from buy
     * CubeSmart  CUBE.N : Jefferies cuts target price to $46 from $57
     * CubeSmart  CUBE.N : Jefferies cuts to hold from buy
                 * Darden Restaurants  DRI.N : Deutsche Bank raises target price to $205 from $197
 
     * Digital Realty Trust Inc  DLR.N : Jefferies raises target price to $226 from $205
     * Douglas Emmett Inc  DEI.N : Wedbush raises target price to $21 from $19
     * Douglas Emmett Inc  DEI.N : Wedbush raises to outperform from neutral
     * Eastgroup Properties Inc  EGP.N : Jefferies raises target price to $194 from $174
     * Eastgroup Properties Inc  EGP.N : Jefferies raises to buy from hold
     * Eastgroup Properties Inc  EGP.N : Wedbush cuts target price to $190 from $209
     * Ecolab Inc  ECL.N : Jefferies cuts target price to $300 from $310
     * Equinix Inc  EQIX.O : Jefferies raises target price to $1200 from $1040
     * Equity Lifestyle Properties Inc  ELS.N : Jefferies raises target price to $80 from $72
     * Equity Lifestyle Properties Inc  ELS.N : Jefferies raises to buy from hold
     * Equity Residential  EQR.N : Jefferies cuts target price to $72 from $74
     * Equity Residential  EQR.N : Wedbush raises target price to $76 from $75
                 * Essential Properties Realty Trust Inc  EPRT.N : Wedbush cuts target price to $35 from $37
 
     * Essex Property Trust Inc  ESS.N : Jefferies cuts target price to $322 from $343
     * Extra Space Storage Inc  EXR.N : Jefferies cuts target price to $175 from $198
                 * Factset  FDS.N : Deutsche Bank raises target price to $516 from $483
 
     * Federal Realty Investment Trust  FRT.N : Jefferies cuts target price to $119 from $121
     * First Industrial Realty Trust Inc  FR.N : Wedbush cuts target price to $53 from $58
     * FMC Corp  FMC.N : Jefferies cuts target price to $61 from $70
                 * Gaming and Leisure Properties Inc  GLPI.O : Wedbush cuts target price to $55 from $58
 
     * Halliburton Co  HAL.N : JP Morgan cuts target price to $33 from $35
     * Healthcare Realty Trust Inc  HR.N : Jefferies cuts target price to $17 from $19
     * Healthcare Realty Trust Inc  HR.N : Jefferies cuts to hold from buy
     * Healthcare Realty Trust Inc  HR.N : Wedbush cuts target price to $16 from $18
     * Healthcare Realty Trust Inc  HR.N : Wedbush cuts to underperform from neutral
     * Healthpeak Properties Inc  DOC.N : Jefferies cuts target price to $23 from $26
                 * Hillman Solutions Corp  HLMN.O : William Blair cuts to market perform rating
 
                 * Host Hotels & Resorts Inc  HST.O : Wedbush cuts target price to $20 from $21
 
     * Hudson Pacific Properties Inc  HPP.N : Wedbush cuts target price to $3 from $4.50
                 * Intest Corp  INTT.A : Northland Capital raises to outperform from market perform
 
     * Inventrust Properties Corp  IVT.N : Jefferies raises target price to $34 from $33
     * Inventrust Properties Corp  IVT.N : Jefferies raises to buy from hold
     * Invitation Homes Inc  INVH.N : Jefferies cuts target price to $33 from $39
     * Invitation Homes Inc  INVH.N : Jefferies cuts to hold from buy
                 * Karat Packaging Inc  KRT.O : William Blair cuts to market perform rating
 
     * Kimco Realty Corp  KIM.N : Jefferies cuts target price to $25 from $28
     * Kimco Realty Corp  KIM.N : Jefferies cuts to hold from buy
     * Kite Realty Group Trust  KRG.N : Jefferies cuts target price to $27 from $31
     * Kite Realty Group Trust  KRG.N : Jefferies cuts to hold from buy
                 * Kopin Corp  KOPN.O : Canaccord Genuity initiates coverage with buy rating; target price $2
 
                 * L3Harris Technologies Inc  LHX.N : Raymond James cuts to market perform from outperform
 
                 * Lamb Weston Holdings Inc  LW.N : Deutsche Bank cuts target price to $63 from $81
 
     * Linde Plc  LIN.O : Jefferies cuts target price to $522 from $550
     * LTC Properties Inc  LTC.N : Jefferies cuts target price to $34 from $35
     * Ltc Properties Inc  LTC.N : Wedbush cuts target price to $39 from $42
     * LXP Industrial Trust  LXP.N : Jefferies cuts target price to $11 from $12
     * Macerich Co  MAC.N : Jefferies raises target price to $23 from $19
     * Macerich Co  MAC.N : Jefferies raises to buy from hold
                 * Maximus Inc  MMS.N : Raymond James raises to outperform from market perform
 
     * Mid-America Apartment Communities Inc  MAA.N : Jefferies cuts PT to $148 from $154
     * National Health Investors Inc  NHI.N : Jefferies cuts target price to $66 from $77
     * National Health Investors Inc  NHI.N : Wedbush cuts target price to $77 from $87
     * National Storage Affiliates Trust  NSA.N : Jefferies cuts target price to $43 from $49
     * Netstreit Corp  NTST.N : Jefferies cuts target price to $17 from $18
                 * Netstreit Corp  NTST.N : Wedbush cuts target price to $15 from $17
 
     * Nexpoint Residential Trust Inc  NXRT.N : Jefferies cuts target price to $41 from $43
                 * Nike Inc  NKE.N : Deutsche Bank raises target price to $84 from $82
 
     * NNN REIT Inc  NNN.N : Jefferies cuts target price to $43 from $52
     * NNN REIT Inc  NNN.N : Jefferies cuts to hold from buy
     * Omega Healthcare Investors Inc  OHI.N : Wedbush cuts target price to $40 from $43
                 * Park Hotels & Resorts Inc  PK.N : Wedbush cuts target price to $15 from $16
 
                 * Parsons Corp  PSN.N : Raymond James cuts to market perform from outperform
 
                 * Pebblebrook Hotel Trust  PEB.N : Wedbush cuts to underperform from neutral
 
     * Plymouth Industrial REIT Inc  PLYM.N : Wedbush cuts target price to $19 from $22
     * Prologis Inc  PLD.N : Jefferies cuts target price to $124 from $132
     * Public Storage  PSA.N : Jefferies cuts target price to $340 from $388
     * Realty Income Corp  O.N : Jefferies cuts target price to $64 from $68
                 * Realty Income Corp  O.N : Wedbush cuts target price to $57 from $62
 
     * Rexford Industrial Realty Inc  REXR.N : Jefferies cuts target price to $47 from $52
     * Rexford Industrial Realty Inc  REXR.N : Wedbush cuts target price to $40 from $47
                 * Ryman Hospitality Properties Inc  RHP.N : Wedbush cuts target price to $120 from $128
 
     * Sabra Health Care REIT Inc  SBRA.O : Jefferies cuts target price to $20 from $21
     * Sabra Health Care REIT Inc  SBRA.O : Wedbush cuts target price to $20 from $21
                 * Safehold Inc  SAFE.N : Wedbush cuts target price to $20 from $23
 
     * SBA Communications Corp  SBAC.O : Jefferies cuts target price to $205 from $225
     * Sherwin-Williams Co  SHW.N : Jefferies cuts target price to $423 from $439
     * Simon Property Group Inc  SPG.N : Jefferies raises target price to $198 from $179
     * Simon Property Group Inc  SPG.N : Jefferies raises to buy from hold
     * SLB  SLB.N : JP Morgan cuts target price to $48 from $55
     * Sofi Technologies Inc  SOFI.O : KBW cuts to underperform from market perform 
     * Sofi Technologies Inc  SOFI.O : KBW raises target price to $8 from $7
     * Stag Industrial Inc  STAG.N : Jefferies cuts target price to $45 from $48
     * Stag Industrial Inc  STAG.N : Wedbush cuts target price to $39 from $45
     * Sun Communities Inc  SUI.N : Jefferies cuts target price to $142 from $145
     * Terreno Realty Corp  TRNO.N : Jefferies cuts target price to $73 from $87
     * Terreno Realty Corp  TRNO.N : Wedbush cuts target price to $62 from $65
     * Topgolf Callaway Brands Corp  MODG.N : Jefferies raises target price to $13 from $11
     * Topgolf Callaway Brands Corp  MODG.N : Jefferies raises to buy from hold
     * UDR Inc  UDR.N : Jefferies cuts target price to $45 from $50
     * UDR Inc  UDR.N : Jefferies cuts to hold from buy
     * UDR Inc  UDR.N : Wedbush raises target price to $51 from $50
     * UnitedHealth  UNH.N : Piper Sandler cuts target price to $600 from $605
                 * Universal Display Corp.  OLED.O : Oppenheimer cuts target price to $200 from $220
 
                 * US Bancorp  USB.N : D.A. Davidson raises to buy from neutral; raises PT to $60 from $58
 
                 * V2X Inc  VVX.N : Raymond James cuts to outperform from strong buy
 
     * Ventas Inc  VTR.N : Wedbush cuts target price to $69 from $75
                 * Verizon  VZ.N : Deutsche Bank raises target price to $44 from $42
 
                 * VICI Properties Inc  VICI.N : Wedbush raises to outperform from neutral
 
                 * VICI Properties Inc  VICI.N : Wedbush cuts target price to $33 from $34
 
     * Welltower Inc  WELL.N : Jefferies raises to buy from hold; raises PT to $147 from $132
     * Welltower Inc  WELL.N : Wedbush cuts target price to $132 from $135
 
 (Compiled by Bengaluru Newsroom)
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