U.S. RESEARCH ROUNDUP-Adobe, GoDaddy, Shopify

Informatica

18/01/2023 07:13

Jan 18 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Adobe, GoDaddy and Shopify on Wednesday. 
  HIGHLIGHTS
                 * Adobe Inc  ADBE.O : D.A. Davidson initiates coverage with neutral rating 
 
                 * Crowdstrike Holdings Inc  CRWD.O : Scotiabank starts with sector outperform
 rating
 
                 * Fortune Brands Innovations  FBIN.N : Barclays reinstates coverage with
 overweight rating
 
                 * GoDaddy Inc  GDDY.N : Evercore ISI raises to outperform from in line
 
                 * Shopify Inc  SHOP.N : D.A. Davidson initiates coverage with neutral rating 
 
 Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.
                 * Adobe Inc  ADBE.O : D.A. Davidson initiates coverage with neutral rating 
 
                 * Adobe Inc  ADBE.O : D.A. Davidson initiates coverage with $350 target price 
 
                 * Adt Inc  ADT.N : RBC raises target price to $10 from $9 
 
                 * Aflac Inc  AFL.N : Jefferies raises target price to $72 from $70 
 
                 * Altimmune Inc  ALT.O : Evercore ISI raises target price to $25 from $14 
 
                 * American Equity Investment Life Holding Co  AEL.N : Jefferies raises PT to $47 from
 $42 
 
                 * Amicus Therapeutics Inc  FOLD.O : BTIG raises target price to $16 from $14 
 
                 * Api Group Corp  APG.N : RBC raises target price to $22 from $20 
 
                 * Apple Inc  AAPL.O : Canaccord Genuity cuts target price to $170 from $200 
 
                 * Barrick Gold Corp  GOLD.N : Jefferies raises target price to $18.5 from $15 
 
                 * CDW Corp  CDW.O : Credit Suisse raises target price to $220 from $202 
 
                 * Cerus Corp  CERS.O : Stephens cuts to equal weight from overweight
 
                 * Cerus Corp  CERS.O : Stephens cuts target price to $3.75 from $6 
 
                 * Citizens Financial Group Inc  CFG.N : Evercore ISI raises target price to $47 from $46
 
                 * Citizens Financial Group Inc  CFG.N : Jefferies raises target price to $43 from $42 
 
                 * Citizens Financial Group Inc  CFG.N : Wedbush cuts target price to $41 from $45 
 
                 * CMS Energy Corp  CMS.N : BofA Global Research raises price objective to $68 from $67 
 
                 * Corning Inc  GLW.N : Credit Suisse raises target price to $41 from $36 
 
                 * Crowdstrike Holdings Inc  CRWD.O : Scotiabank starts with sector outperform rating
 
                 * Crowdstrike Holdings Inc  CRWD.O : Scotiabank starts with target price $132 
 
                 * CSX Corp  CSX.O : Raymond James raises target price to $36 from $33 
 
                 * Darling Ingredients Inc  DAR.N : Stephens cuts to equal weight from overweight
 
                 * Darling Ingredients Inc  DAR.N : Stephens cuts target price to $75 from $90 
 
                 * Delek US Holdings Inc  DK.N : RBC cuts target price to $32 from $33 
 
                 * Dorian Lpg Ltd  LPG.N : Evercore ISI raises target price to $20 from $19 
 
                 * Equinix Inc  EQIX.O : Credit Suisse raises target price to $672 from $591 
 
                 * FB Financial Corp  FBK.N : D.A. Davidson cuts target price by $3.5 to $42.5 
 
                 * FB Financial Corp  FBK.N : Piper Sandler cuts target price to $38 from $43 
 
                 * FB Financial Corp  FBK.N : Stephens cuts target price to $40 from $42 
 
                 * FB Financial Corp  FBK.N : Truist Securities cuts target price to $41 from $43 
 
                 * First Advantage Corp  FA.O : BofA Global Research cuts to neutral from buy 
 
                 * Fortinet Inc  FTNT.O : Scotiabank starts with sector outperform rating; target price
 $65 
 
                 * Fortune Brands Innovations  FBIN.N : Barclays reinstates coverage with overweight
 rating
 
                 * Fortune Brands Innovations  FBIN.N : Barclays reinstates coverage with target price
 $75 
 
                 * Globe Life Inc  GL.N : Jefferies raises target price to $125 from $122 
 
                 * GoDaddy Inc  GDDY.N : Evercore ISI raises to outperform from in line
 
                 * GoDaddy Inc  GDDY.N : Evercore ISI raises target price to $103 from $86 
 
                 * Guaranty Bancshares Inc  GNTY.O : Piper Sandler cuts target price to $36 from $38 
 
                 * Hancock Whitney Corp  HWC.O : D.A. Davidson cuts target price by $2 to $58 
 
                 * Hancock Whitney Corp  HWC.O : Jefferies cuts target price to $59 from $62 
 
                 * Hancock Whitney Corp  HWC.O : Piper Sandler cuts target price to $60 from $63 
 
                 * Hancock Whitney Corp  HWC.O : Raymond James cuts target price to $58 from $61 
 
                 * Hancock Whitney Corp  HWC.O : Truist Securities cuts target price to $56 from $60 
 
                 * Informatica Inc  INFA.N : Scotiabank starts with sector perform rating; target price
 $15 
 
                 * Jabil Inc  JBL.N : Credit Suisse raises target price to $90 from $81 
 
                 * Kinross Gold Corp  KGC.N : Jefferies raises target price to $4.25 from $4 
 
                 * Lam Research Corp  LRCX.O : Cowen and Company raises target price to $550 from $430 
 
                 * Leap Therapeutics Inc  LPTX.O : Piper Sandler cuts target price to $3 from $4 
 
                 * Marathon Oil Corp  MRO.N : RBC cuts target price to $37 from $38 
 
                 * Mercantile Bank Corp  MBWM.O : Piper Sandler raises target price to $38 from $35 
 
                 * Metlife Inc  MET.N : Jefferies cuts target price to $78 from $82 
 
                 * Moderna Inc  MRNA.O : SVB Securities raises target price to $111 from $102 
 
                 * Mohawk Industries Inc  MHK.N : Evercore ISI cuts target price to $120 from $124 
 
                 * Mohawk Industries Inc  MHK.N : JP Morgan raises target price to $108 from $100 
 
                 * Monster Beverage Corp  MNST.O : Evercore ISI raises target price to $115 from $105 
 
                 * Morgan Stanley  MS.N : Jefferies raises target price to $112 from $100 
 
                 * Morgan Stanley  MS.N : RBC raises target price to $90 from $80 
 
                 * Newmont  NEM.N : Jefferies raises target price to $50 from $45 
 
                 * Okta Inc  OKTA.O : Scotiabank starts with sector outperform rating; target price $90 
 
                 * Oracle Corp  ORCL.N : D.A. Davidson initiates coverage with neutral rating 
 
                 * Oracle Corp  ORCL.N : D.A. Davidson initiates coverage with $85 target price 
 
                 * Pacira Biosciences Inc  PCRX.O : Truist Securities cuts target price to $63 from $68 
 
                 * Palo Alto Networks Inc  PANW.O : Scotiabank starts with sector outperform rating
 
                 * Palo Alto Networks Inc  PANW.O : Scotiabank starts with target price $155 
 
                 * PayPal Holdings Inc  PYPL.O : Jefferies cuts target price to $85 from $90 
 
                 * Principal Financial Group Inc  PFG.O : Jefferies raises target price to $70 from $68 
 
                 * Prudential Financial Inc  PRU.N : Jefferies cuts target price to $85 from $90 
 
                 * Reinsurance Group of America Inc  RGA.N : Jefferies raises target price to $166 from
 $162 
 
                 * Republic Services Inc  RSG.N : CIBC cuts target price to $140 from $155 
 
                 * Roblox Corp  RBLX.N : Wedbush raises target price to $32 from $30 
 
                 * Salesforce Inc  CRM.N : D.A. Davidson initiates coverage with neutral rating 
 
                 * Salesforce Inc  CRM.N : D.A. Davidson initiates coverage with $150 target price 
 
                 * Sentinelone Inc  S.N : Scotiabank starts with sector perform rating; target price $13 
 
                 * Shopify Inc  SHOP.N : D.A. Davidson initiates coverage with neutral rating 
 
                 * Shopify Inc  SHOP.N : D.A. Davidson initiates coverage with $34 target price 
 
                 * Signature Bank  SBNY.O : Jefferies cuts target price to $113 from $124 
 
                 * Silvergate Capital Corp  SI.N : Wedbush cuts target price to $15 from $25 
 
                 * Snowflake Inc.  SNOW.N : Scotiabank starts with sector perform rating; target price
 $125 
 
                 * Tabula Rasa Healthcare Inc  TRHC.O : RBC raises target price to $7 from $6 
 
                 * Tesla Inc  TSLA.O : BofA Global Research cuts price objective to $130 from $135 
 
                 * Tesla Inc  TSLA.O : Daiwa Capital Markets raises target price to $145 from $130 
 
                 * Tradeweb Markets Inc  TW.O : JP Morgan raises target price to $81 from $71 
 
                 * Travelers Companies Inc  TRV.N : Evercore ISI cuts target price to $216 from $220 
 
                 * Union Pacific Corp  UNP.N : Raymond James raises target price to $244 from $220 
 
                 * Unum Group  UNM.N : Jefferies cuts target price to $41 from $42 
 
                 * Virtu Financial Inc  VIRT.O : JP Morgan cuts target price to $24 from $26 
 
                 * Voya Financial Inc  VOYA.N : Jefferies raises target price to $74 from $72 
 
                 * Waste Management Inc  WM.N : CIBC cuts target price to $158 from $173 
 
                 * Whirlpool Corp  WHR.N : JP Morgan raises target price to $150 from $137 
 
                 * Zscaler Inc  ZS.O : Scotiabank starts with sector outperform rating; target price $115
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))