U.S. RESEARCH ROUNDUP-Honeywell International, Stericycle, Target Corp

Gates Industrial

04/06/2024 16:37

June 4 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.listed companies, including Honeywell International, Stericycle and
Target Corp on Tuesday. 
    
    HIGHLIGHTS
    
     * Brixmor Property Group Inc  BRX.N : Goldman Sachs adds stock to its US conviction list 
     * Honeywell International Inc  HON.O : RBC cuts target price to $218 from $222 
     * Simon Property Group  SPG.N : Goldman Sachs removes stock from its US conviction list 
     * Stericycle Inc  SRCL.O : RBC cuts to sector perform from outperform 
     * Target Corp  TGT.N : Goldman Sachs removes stock from its US conviction list 
 
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
     * Agios Pharmaceuticals Inc  AGIO.O : Leerink Partners raises PT to $61 from $59 
     * Agios Pharmaceuticals Inc  AGIO.O : RBC raises target price to $53 from $44 
     * American Express Co  AXP.N : Wells Fargo raises target price to $275 from $265
     * Arcturus Therapeutics Holdings Inc  ARCT.O : Guggenheim raises PT to $71 from $51
     * Arrowhead Pharmaceuticals Inc  ARWR.O : Leerink Partners raises PT to $29 from $27 
     * Autodesk Inc  ADSK.O : Mizuho cuts target price to $230 from $270
     * Black Hills Corp  BKH.N : Mizuho raises target price to $57 from $53
     * Boeing  BA.N : Baird cuts target price to $240 from $300 
     * Bowman Consulting Group  BWMN.O : Baird initiates coverage with outperform rating; PT $37
     * Brixmor Property Group Inc  BRX.N : Goldman Sachs adds stock to its US conviction list 
     * BrownForman Corp  BFb.N : JP Morgan cuts target price to $52 from $56 
     * Caribou Biosciences Inc  CRBU.O : H.C. Wainwright cuts target price to $9 from $24
     * Cartesian Therapeutics  RNAC.O : Oppenheimer initiates coverage with outperform rating; PT $50
     * Caseys General Stores Inc  CASY.O : Deutsche Bank raises PT to $375 from $337
     * Cleanspark Inc  CLSK.O : JP Morgan cuts target price to $12.5 from $15 
     * Columbus Mckinnon Corp  CMCO.O : JP Morgan initiates at overweight rating; PT $53 
     * Crinetics Pharmaceuticals  CRNX.O : Oppenheimer raises PT to $74 from $55
     * Cytokinetics Inc  CYTK.O : B. Riley cuts target price to $92 from $122
     * Draftkings Inc  DKNG.O : BofA Global Research adds stock to its US 1 list
     * DT Midstream Inc  DTM.N : Wells Fargo raises target price to $77 from $62
     * DT Midstream Inc  DTM.N : Wells Fargo raises to overweight from equal weight
     * Edwards Lifesciences Corp  EW.N : Goldman Sachs adds stock to its US conviction list 
     * Elevance Health Inc  ELV.N : BofA Global Research raises PT to $646 from $621
     * Elf Beauty Inc  ELF.N : TD Cowen raises target price to $235 from $190 
     * Enphase Energy Inc  ENPH.O : Goldman Sachs adds stock to its US conviction list 
     * EQT Corp  EQT.N : Jefferies raises target price to $48 from $43 
     * FedEx Corp  FDX.N : BofA Global Research removes stock from its US 1 list
     * First Solar Inc  FSLR.O : Goldman Sachs removes stock from its US conviction list 
     * First Solar Inc  FSLR.O : Morgan Stanley raises target price to $331 from $248
                 * Gap Inc  GPS.N : UBS raises target price to $13 from $9
 
     * Gates Industrial Corp Plc  GTES.N : Barclays cuts target price to $16 from $17
     * Genmab A/S  GMAB.O : Truist Securities raises target price to $53 from $50 
     * Gitlab Inc  GTLB.O : Barclays cuts target price to $50 from $55
     * Gitlab Inc  GTLB.O : Barclays cuts target price to $50 from $55 
     * Gitlab Inc  GTLB.O : Bernstein cuts target price to $70 from $74 
     * Gitlab Inc  GTLB.O : BofA Global Research cuts price objective to $80 from $85
     * Gitlab Inc  GTLB.O : BTIG cuts target price to $58 from $71 
                 * Gitlab Inc  GTLB.O : Canaccord Genuity cuts target price to $65 from $74
 
     * Gitlab Inc  GTLB.O : D.A. Davidson cuts target price to $50 from $65 
     * Gitlab Inc  GTLB.O : Mizuho cuts target price to $62 from $70
     * Gitlab Inc  GTLB.O : Scotiabank cuts target price to $59 from $75
                 * Gitlab Inc  GTLB.O : UBS cuts target price to $68 from $75
 
     * Healthequity Inc  HQY.O : BofA Global Research raises PT to $105 from $97
     * Healthequity Inc  HQY.O : Wells Fargo raises target price to $107 from $105
     * Heico Corp  HEI.N : Morgan Stanley raises target price to $225 from $178
     * Heico Corp  HEI.N : Morgan Stanley raises target price to $225.00 from $178.00
     * Heico Corp  HEI.N : Morgan Stanley raises to equal-weight from underweight 
     * Honeywell International Inc  HON.O : Deutsche Bank raises PT to $224 from $219
                 * Honeywell International Inc  HON.O : Jefferies raises PT to $220 from $215
 
     * Honeywell International Inc  HON.O : JP Morgan raises PT to $225 from $220
     * Honeywell International Inc  HON.O : RBC cuts target price to $218 from $222 
     * Howard Hughes Holdings Inc  HHH.N : Jefferies cuts target price to $80 from $89 
     * Humana Inc  HUM.N : Stephens raises target price to $400 from $350 
     * Ideaya Biosciences Inc  IDYA.O : Stifel raises target price to $63 from $55
     * Illinois Tool Works Inc  ITW.N : Barclays cuts target price to $217 from $229
     * Kinder Morgan Inc  KMI.N : Wells Fargo raises target price to $22 from $18
     * Kinder Morgan Inc  KMI.N : Wells Fargo raises to overweight from equal weight
     * Kirby Corp  KEX.N : BofA Global Research adds stock to its US 1 list
     * Lavoro Ltd  LVRO.O : Oppenheimer cuts target price to $9 from $11
     * Liberty Media Corp  FWONK.O : Evercore ISI raises target price to $90 from $85 
     * Marathon Digital Holdings Inc  MARA.O : JP Morgan cuts target price to $14 from $16.5 
     * Marvell Technology Inc  MRVL.O : BofA Global Research removes stock from its US 1 list
                 * Mondelez  MDLZ.O : Evercore ISI cuts target price to $79 from $80
 
                 * Neurocrine Biosciences Inc  NBIX.O : Jefferies cuts PT to $175 from $182
 
     * Nvidia Corp  NVDA.O : BofA Global Research adds stock to its US 1 list
     * Nvidia Corp  NVDA.O : Mizuho raises target price to $1275 from $1180
     * Oklo Inc  OKLO.N : Citigroup initiates with neutral rating; price target $11
     * Omega Healthcare Investors Inc  OHI.N : Deutsche Bank raises PT to $38 from $36
     * Parker-Hannifin Corp  PH.N : Barclays cuts target price to $610 from $618
     * Procore Technologies Inc  PCOR.N : Mizuho cuts target price to $70 from $75
     * Procore Technologies Inc  PCOR.N : Mizuho cuts to neutral from buy
     * PTC Inc  PTC.O : Mizuho cuts target price to $190 from $200
     * PTC Inc  PTC.O : Mizuho cuts to neutral from buy
     * Qualcomm Inc  QCOM.O : TD Cowen raises target price to $235 from $200 
     * Regal Rexnord Corporation  RRX.N : Barclays cuts target price to $181 from $199
     * Regeneron Pharmaceuticals Inc  REGN.O : RBC raises target price to $1,200 from $1,185 
     * Rezolute Inc  RZLT.O : Craig-Hallum initiates coverage with buy rating; PT $14
     * Riot Platforms Inc  RIOT.O : JP Morgan cuts target price to $12 from $15.5 
     * Rockwell Automation Inc  ROK.N : Barclays cuts target price to $250 from $260
     * Sallie Mae  SLM.O : TD Cowen raises target price to $27 from $25 
     * Science Applications International Corp  SAIC.O : Truist Securities cuts PT to $125 from $130
     * Sempra  SRE.N : Goldman Sachs adds stock to its US conviction list 
     * Sentinelone Inc  S.N : Canaccord Genuity cuts target price to $23 from $28 
     * Sentinelone Inc  S.N : Canaccord Genuity raises to buy from hold 
     * Silvaco Group Inc  SVCO.O : Craig-Hallum initiates coverage with buy rating; PT $25
     * Simon Property Group Inc  SPG.N : Goldman Sachs removes stock from its US conviction list 
     * Skywest Inc  SKYW.O : TD Cowen raises target price to $95 from $85 
     * Southern Co  SO.N : Goldman Sachs removes stock from its US conviction list 
     * Stanley Black & Decker Inc  SWK.N : Barclays cuts target price to $86 from $100
     * Stanley Black & Decker Inc  SWK.N : Barclays cuts to equal-weight from overweight
     * Stericycle Inc  SRCL.O : RBC cuts target price to $62 from $69 
     * Stericycle Inc  SRCL.O : RBC cuts to sector perform from outperform 
     * Stericycle Inc  SRCL.O : Truist Securities raises target price to $62 from $50
     * Structure Therapeutics Inc  GPCR.O : Leerink Partners raises PT $93 from $58 
     * Sunoco LP  SUN.N : Mizuho cuts target price to $59 from $60
     * Sunoco LP  SUN.N : Mizuho raises to buy from neutral
     * Superior Group of Companies Inc  SGC.O : D.A. Davidson initiates coverage with buy rating; PT $24
     * Target Corp  TGT.N : Goldman Sachs removes stock from its US conviction list 
     * Teradyne Inc  TER.O : Goldman Sachs adds stock to its US conviction list 
     * Toll Brothers Inc  TOL.N : KBW raises target price to $142 from $135 
     * Transmedics Group Inc  TMDX.O : Stephens initiates with overweight rating; PT $151
     * Vail Resorts Inc  MTN.N : Deutsche Bank cuts target price to $226 from $244
     * Waste Management Inc  WM.N : Deutsche Bank cuts target price to $233 from $241
     * Wendy's Co  WEN.O : Guggenheim cuts target price to $22 from $23
                 * Westlake Corp  WLK.N : UBS raises target price to $172 from $168
 
     * Williams Companies Inc  WMB.N : Wells Fargo raises target price to $46 from $38
     * Williams Companies Inc  WMB.N : Wells Fargo raises to overweight from equal weight
     * Zscaler Inc  ZS.O : Canaccord Genuity cuts target price to $220 from $260 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))