U.S. RESEARCH ROUNDUP- Cognizant Technology Solutions, Fedex, Tesla

Groupon

15/12/2022 07:13

Dec 15 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Cognizant Technology Solutions, Fedex and
Tesla on Thursday. 
  HIGHLIGHTS        
     * Cognizant Technology Solutions Corp  CTSH.O : JP Morgan cuts to underweight from neutral
     * Fedex Corp  FDX.N : Baird cuts target price to $230 from $240
     * Nike Inc  NKE.N : Baird raises target price to $120 from $100
     * Tesla Inc  TSLA.O : RBC cuts target price to $225 from $325
     * Zoom Video Communications  ZM.O : Wedbush initiates coverage with neutral rating and $80 PT
 Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.      
     * 8X8 Inc  EGHT.O : Wedbush initiates coverage with neutral rating and $7 target price
     * Academy Sports and Outdoors Inc  ASO.O : JP Morgan raises target price to $64 from $60
     * Affirm Holdings Inc  AFRM.O : JP Morgan cuts target price to $19 from $23
     * Alaska Air Group Inc  ALK.N : JP Morgan cuts target price to $90 from $95
     * Alteryx Inc  AYX.N : Wedbush initiates coverage with neutral rating and $50 target price
     * Alzamend Neuro Inc  ALZN.O : Ascendiant Capital cuts target price to $7 from $7.25
     * Avidity Biosciences Inc  RNA.O : Credit Suisse raises target price to $35 from $33
     * Avidity Biosciences Inc  RNA.O : Raymond James raises target price to $71 from $30
     * Bioxcel Therapeutics Inc  BTAI.O : Mizuho raises target price to $24 from $18
     * Blackberry Ltd  BB.N : TD Securities cuts target price to $4.25 from $4.75
     * Braze Inc  BRZE.O : Goldman Sachs cuts target price to $48 from $57
     * Bread Financial Holdings Inc  BFH.N : JP Morgan cuts target price to $52 from $55
     * Cognizant Technology Solutions Corp  CTSH.O : JP Morgan cuts to underweight from neutral
     * Cognizant Technology Solutions Corp  CTSH.O : JP Morgan raises target to $62 from $61
     * Core & Main Inc  CNM.N : Credit Suisse cuts target price to $31 from $32
     * Couchbase Inc  BASE.O : Wedbush initiates coverage with neutral rating and $16 target price
     * Crowdstrike Holdings Inc  CRWD.O : Wedbush initiates coverage with outperform rating and $135 PT
     * Datadog Inc  DDOG.O : Wedbush initiates coverage with outperform rating and $101 target price
     * Delta Air Lines Inc  DAL.N : JP Morgan raises target price to $81 from $74
     * DXC Technology Co  DXC.N : JP Morgan raises target price to $33 from $31
     * DXC Technology Co  DXC.N : JP Morgan raises to neutral from underweight
     * Dynatrace Inc  DT.N : Wedbush initiates coverage with neutral rating and $35 target price
     * Elastic NV  ESTC.N : Wedbush initiates coverage with neutral rating and $67 target price
     * Epam Systems Inc  EPAM.N : JP Morgan raises target price to $405 from $365
     * Exlservice Holdings Inc  EXLS.O : JP Morgan raises target price to $195 from $190
     * Federal Realty Investment Trust  FRT.N : Piper Sandler cuts to neutral from overweight
     * Federal Realty Investment Trust  FRT.N : Piper Sandler cuts target to $112 from $115
     * Fedex Corp  FDX.N : Baird cuts target price to $230 from $240
     * Fluence Energy Inc  FLNC.O : Goldman Sachs raises target price to $19 from $17
     * Fluence Energy Inc  FLNC.O : Siebert Williams cuts target price to $31 from $39
     * General Mills Inc  GIS.N : Piper Sandler raises target price to $95 from $88
     * Grid Dynamics Holdings Inc  GDYN.O : JP Morgan cuts target price to $17 from $18
     * Groupon Inc  GRPN.O : Ascendiant Capital cuts target price to $10 from $18
     * J M Smucker Co  SJM.N : Jefferies raises target price to $170 from $140
     * Kymera Therapeutics Inc  KYMR.O : Piper Sandler raises target price to $58 from $43
     * Kymera Therapeutics Inc  KYMR.O : SVB Securities raises target price to $31 from $26
     * Kyndryl Holdings Inc  KD.N : JP Morgan raises target price to $13 from $11
     * Merck & Co Inc  MRK.N : Mizuho raises target price to $130 from $100
     * MKS Instruments Inc  MKSI.O : Wells Fargo raises target price to $80 from $70
     * Mondelez  MDLZ.O : Piper Sandler raises target price to $77 from $72
     * MongoDB Inc  MDB.O : Wedbush initiates coverage with outperform rating and $240 PT
     * Murphy USA Inc  MUSA.N : RBC starts with sector perform rating and $360 target price
     * Neogen Corp  NEOG.O : Piper Sandler raises target price to $17 from $14
     * New Relic  NEWR.N : Wedbush initiates coverage with neutral rating and $68 target price
     * Nike Inc  NKE.N : Baird raises target price to $120 from $100
     * Okta Inc  OKTA.O : Wedbush initiates coverage with outperform rating and $86 target price
     * Olin Corp  OLN.N : Credit Suisse raises target price to $49 from $45
     * Passage Bio Inc  PASG.O : Chardan Capital Markets cuts target price to $11 from $18
     * Perficient Inc  PRFT.O : JP Morgan raises target price to $84 from $80
     * Pubmatic Inc  PUBM.O : Jefferies cuts target price to $15 from $16
     * RingCentral Inc  RNG.N : Wedbush initiates coverage with neutral rating and $40 PT
     * Sentinelone Inc  S.N : Wedbush initiates coverage with outperform rating and $19 PT
     * Snap Inc  SNAP.N : Jefferies cuts to hold from buy; cuts target price to $10 from $12
     * Snowflake Inc.  SNOW.N : Wedbush initiates coverage with neutral rating and $144 PT
     * Sociedad Quimica y Minera de Chile SA  SQM.N : JP Morgan cuts PT to $134 from $141
     * Splunk Inc  SPLK.O : Wedbush initiates coverage with neutral rating and $86 target price
     * Taskus Inc  TASK.O : JP Morgan raises target price to $25 from $24
     * Tesla Inc  TSLA.O : RBC cuts target price to $225 from $325
     * Trade Desk Inc  TTD.O : Jefferies cuts to hold from buy; cuts target price to $55 from $65
     * Vita Coco Company Inc  COCO.O : Piper Sandler raises target price to $17 from $13
     * Wendys Co  WEN.O : Jefferies initiates coverage with hold rating; target price $25
     * Westlake Corp  WLK.N : Credit Suisse raises target price to $118 from $108
     * Willis Towers Watson Plc  WTW.O : Credit Suisse raises target price to $302 from $288
     * Wisa Technologies Inc  WISA.O : Ascendiant Capital cuts target price to $1.75 from $4.50
     * Yum Brands  YUM.N : Stifel raises target price to $145 from $130
     * Zoom Video Communications Inc  ZM.O : Wedbush initiates coverage with neutral rating and $80 PT
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))