U.S. RESEARCH ROUNDUP-Altair Engineering, Coinbase Global, GitLab
28/06/2022 07:55
June 28 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Altair Engineering, Coinbase Global and GitLab, on
Tuesday.
HIGHLIGHTS
* Altair Engineering Inc ALTR.O : Goldman Sachs cuts to sell from neutral
* Coinbase Global Inc COIN.O : Goldman Sachs cuts to sell from neutral
* GitLab Inc GTLB.O : Goldman Sachs raises to buy from neutral
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Alerus Financial Corp ALRS.O : Piper Sandler cuts target price to $27 from $28.5
* Altair Engineering Inc ALTR.O : Goldman Sachs cuts target price to $41 from $62
* Altair Engineering Inc ALTR.O : Goldman Sachs cuts to sell from neutral
* Annaly Capital Management Inc NLY.N : Piper Sandler cuts target price to $6 from $6.5
* Arbor Realty Trust Inc ABR.N : Piper Sandler cuts target price to $17 from $20
* Aspen Technology Inc AZPN.O : Piper Sandler raises target price to $189 from $159
* Associated Banc-Corp ASB.N : Piper Sandler cuts target price to $20 from $24
* Bank First Corp BFC.O : Piper Sandler raises target price to $86.5 from $84
* Bridgewater Bancshares Inc BWB.O : Piper Sandler cuts target price to $18.5 from $19
* Capitol Federal Financial Inc CFFN.O : Piper Sandler cuts target price to $10 from $11
* Carmax Inc KMX.N : Stephens raises target price to $113 from $101
* CF Bankshares Inc CFBK.O : Piper Sandler cuts target price to $23 from $24
* Chevron Corp CVX.N : Truist Securities cuts target price to $170 from $181
* Civista Bancshares Inc CIVB.O : Piper Sandler cuts target price to $25 from $25.5
* Coinbase Global Inc COIN.O : Goldman Sachs cuts to sell from neutral
* Coinbase Global Inc COIN.O : Goldman Sachs cuts price target to $45 from $70
* Commerce Bancshares Inc CBSH.O : Piper Sandler cuts target price to $70 from $74
* Ellington Residential Mortgage REIT EARN.N : Piper Sandler cuts PT to $9 from $10.5
* Enterprise Financial Services Corp EFSC.O : Piper Sandler cuts target to $50 from $58
* Expedia Group Inc EXPE.O : Piper Sandler cuts target price to $155 from $225
* Farmers & Merchants Bancorp Inc FMAO.O : Piper Sandler cuts target price to $36 from $41
* Farmers National Banc Corp FMNB.O : Piper Sandler cuts target price to $20 from $22
* First Financial Bancorp FFBC.O : Piper Sandler cuts target price to $21 from $24
* First Merchants Corp FRME.O : Piper Sandler cuts target price to $45 from $50
* German American Bancorp Inc GABC.O : Piper Sandler cuts target price to $38 from $39
* GitLab Inc GTLB.O : Goldman Sachs raises target price to $80 from $69
* GitLab Inc GTLB.O : Goldman Sachs raises to buy from neutral
* Global Blood Therapeutics Inc GBT.O : JP Morgan cuts target price to $36 from $39
* Great Southern Bancorp Inc GSBC.O : Piper Sandler cuts target price to $62 from $63
* Heartland Financial USA Inc HTLF.O : Piper Sandler cuts target price to $50 from $58
* Hercules Capital Inc HTGC.N : Piper Sandler cuts target price to $15.5 from $18.5
* Holley Inc HLLY.N : JP Morgan initiates with overweight rating and $14 target price
* Huntington Bancshares Inc HBAN.O : Piper Sandler cuts target price to $14 from $15
* Independent Bank Corp (Michigan) IBCP.O : Piper Sandler cuts target to $22 from $24
* Informatica Inc INFA.N : Goldman Sachs cuts target price to $28 from $40
* Informatica Inc INFA.N : Goldman Sachs cuts to neutral from buy
* Keycorp KEY.N : Piper Sandler cuts target price to $18 from $19
* Loandepot Inc LDI.N : Piper Sandler cuts target price to $3 from $3.5
* McCormick & Company Inc MKC.N : Credit Suisse cuts target price to $95 from $100
* Mercantile Bank Corp MBWM.O : Piper Sandler cuts target price to $35 from $38
* Merchants Bancorp MBIN.O : Piper Sandler cuts target price to $30 from $35
* Micron Technology Inc MU.O : JP Morgan cuts target price to $96 from $120
* Moelis & Co MC.N : JP Morgan cuts target price to $51 from $54
* Nicolet Bankshares Inc NIC.N : Piper Sandler cuts target price to $90 from $106
* Nike Inc NKE.N : Cowen and Company cuts target price to $127 from $133
* Old National Bancorp ONB.O : Piper Sandler cuts target price to $20 from $21
* Oracle Corp ORCL.N : Goldman Sachs reinstates with sell rating and target price $75
* Pennymac Financial Services Inc PFSI.N : Piper Sandler cuts target price to $79 from $82
* Pennymac Mortgage Investment Trust PMT.N : Piper Sandler cuts PT to $17 from $18
* Peoples Bancorp Inc PEBO.O : Piper Sandler cuts target price to $31 from $37
* Premier Financial Corp (Ohio) PFC.O : Piper Sandler cuts target price to $29 from $30
* Ready Capital Corp RC.N : Piper Sandler cuts target price to $14 from $16
* Redwood Trust Inc RWT.N : Piper Sandler cuts target price to $11 from $12
* Robinhood Markets Inc HOOD.O : Goldman Sachs raises to neutral from sell
* Robinhood Markets Inc HOOD.O : Goldman Sachs cuts price target to $9.50 from $11.50
* Sterling Bancorp Inc SBT.O : Piper Sandler cuts target price to $6.25 from $7.25
* Triplepoint Venture Growth BDC Corp TPVG.N : Piper Sandler cuts PT to $16 from $19
* US Bancorp USB.N : Piper Sandler cuts target price to $52 from $58
* Waterstone Financial Inc WSBF.O : Piper Sandler cuts target price to $18 from $19
* West Bancorporation Inc WTBA.O : Piper Sandler cuts target price to $26.5 from $28
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))