U.S. RESEARCH ROUNDUP- Bank of America, JP Morgan, Morgan Stanley

LGI Homes

12/04/2023 08:16

April 12 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Bank of America, JP Morgan and Morgan
Stanley on Wednesday. 
        
  HIGHLIGHTS    
        
     * Bank of America Corp  BAC.N : Barclays cuts target price to $39 from $48
     * Dow Inc  DOW.N : Piper Sandler raises to overweight from neutral
     * JP Morgan  JPM.N : Barclays cuts target price to $179 from $189
     * Morgan Stanley  MS.N : Barclays cuts target price to $112 from $125
     * Westlake Corp  WLK.N : Piper Sandler raises to overweight from neutral
                
Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.   
 
     * Advansix Inc  ASIX.N : Piper Sandler raises target price to $54 from $52
     * Ally Financial Inc  ALLY.N : Barclays cuts target price to $34 from $35
     * Anaptysbio Inc  ANAB.O : JP Morgan cuts target price to $31 from $32
     * Archer-Daniels-Midland Co  ADM.N : JP Morgan cuts target price to $85 from $87
     * Bank of America Corp  BAC.N : Barclays cuts target price to $39 from $48
     * Bank of New York Mellon Corp  BK.N : Barclays cuts target price to $62 from $64
     * Block Inc  SQ.N : Jefferies cuts target price to $80 from $90
     * Bumble Inc  BMBL.O : Baird initiates coverage with outperform rating; PT $23
     * Celanese Corp  CE.N : Piper Sandler raises target price to $120 from $105
     * Celanese Corp  CE.N : Piper Sandler raises to neutral from underweight
     * Citigroup Inc  C.N : Barclays cuts target price to $59 from $61
     * Citizens Financial  CFG.N : Barclays cuts target price to $44 from $57
     * Cognizant Technology Solutions Corp  CTSH.O : Jefferies cuts PT to $63 from $64
     * Comcast Corp  CMCSA.O : Credit Suisse cuts target price to $50 from $51
     * Comerica Inc  CMA.N : Barclays cuts target price to $52 from $85
     * Dish Network Corp  DISH.O : Credit Suisse cuts target price to $30 from $35
     * Diversified Energy Company Plc  DEC.L : Jefferies cuts to hold from buy
     * Diversified Energy Company Plc  DEC.L : Jefferies cuts target price to 110p from 145p
     * Doubleverify Holdings Inc  DV.N : Piper Sandler initiates with overweight rating; PT $35
     * Dow Inc  DOW.N : Piper Sandler raises target price to $68 from $63
     * Dow Inc  DOW.N : Piper Sandler raises to overweight from neutral
     * Doximity Inc  DOCS.N : Baird initiates coverage with outperform rating; PT $37
     * Eastman Chemical Co  EMN.N : Piper Sandler raises target price to $99 from $96
     * Eastman Chemical Co  EMN.N : Piper Sandler raises to overweight from neutral
     * EOG Resources Inc  EOG.N : JP Morgan raises target price to $144 from $139
     * Epam Systems Inc  EPAM.N : Jefferies cuts target price to $383 from $460
     * Fifth Third Bancorp  FITB.O : Barclays cuts target price to $36 from $47
     * GoDaddy Inc  GDDY.N : Baird initiates coverage with outperform rating; PT $95
     * Goldman Sachs  GS.N : Barclays cuts target price to $437 from $495
     * Goodrx Holdings Inc  GDRX.O : Baird initiates coverage with neutral rating; PT $6
     * Hims & Hers Health Inc  HIMS.N : Baird initiates coverage with neutral rating; PT $10
     * Hormel Foods Corp  HRL.N : Piper Sandler cuts target price to $43 from $44
     * Huntington Bancshares Inc  HBAN.O : Barclays cuts target price to $14 from $17
     * JP Morgan  JPM.N : Barclays cuts target price to $179 from $189
     * Keycorp  KEY.N : Barclays cuts target price to $15 from $24
     * Lazydays Holdings Inc  LAZY.O : D.A. Davidson initiates with neutral rating; PT $12
     * LGI Homes Inc  LGIH.O : Wedbush cuts target price to $89 from $91
     * Lincoln National Corp  LNC.N : RBC cuts target price to $31 from $37
     * M&T Bank Corp  MTB.N : Barclays cuts target price to $153 from $194
     * Match Group Inc  MTCH.O : Baird initiates coverage with outperform rating; PT $50
     * MGM Resorts International  MGM.N : JP Morgan raises target price to $55 from $54
     * Moderna Inc  MRNA.O : JP Morgan cuts target price to $140 from $145
     * Morgan Stanley  MS.N : Barclays cuts target price to $112 from $125
     * Mosaic Co  MOS.N : CIBC cuts target price to $52 from $54
     * Netflix Inc  NFLX.O : Baird assumes coverage with neutral rating; PT $340 vs $325
     * Northern Trust Corp  NTRS.O : Barclays cuts target price to $113 from $118
     * Olin Corp  OLN.N : Piper Sandler raises target price to $83 from $82
     * PNC Financial Services Group Inc  PNC.N : Barclays cuts PT to $167 from $218
     * R1 RCM Holdco Inc  RCM.O : Baird initiates coverage with outperform rating; PT $18
     * Regions Financial Corp  RF.N : Barclays cuts target price to $23 from $29
     * Roku Inc  ROKU.O : Baird initiates coverage with neutral rating; target price $71
     * SpartanNash Co  SPTN.O : Jefferies cuts target price to $28 from $33
     * Squarespace Inc  SQSP.N : Baird initiates coverage with neutral rating; PT $34
     * Tilray Brands Inc  TLRY.O : Atb Capital Markets cuts target price to $2.5 from $3
     * Tilray Brands Inc  TLRY.O : CIBC cuts target price to $2.75 from $3.25
     * Tradeweb Markets Inc  TW.O : Credit Suisse raises target price to $85 from $79
     * Trevi Therapeutics Inc  TRVI.O : B. Riley initiates coverage with buy rating; PT $6
     * Tyson Foods Inc  TSN.N : Piper Sandler raises target price to $62 from $61
     * United Natural Foods Inc  UNFI.N : Jefferies cuts target price to $28 from $42
     * US Bancorp  USB.N : Barclays cuts target price to $52 from $68
     * Ventas Inc  VTR.N : Credit Suisse cuts target price to $50 from $51
     * Vera Therapeutics Inc  VERA.O : JP Morgan cuts target price to $22 from $38
     * Wells Fargo & Co  WFC.N : Barclays cuts target price to $54 from $64
     * Westlake Corp  WLK.N : Piper Sandler raises target price to $140 from $130
     * Westlake Corp  WLK.N : Piper Sandler raises to overweight from neutral
     * Zions Bancorporation Na  ZION.O : Barclays cuts target price to $37 from $59
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))