U.S. RESEARCH ROUNDUP- Cadence Design Systems, Equity Bancshares, S&P Global

Moodys

15/10/2024 08:19

Oct 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed
companies, including Cadence Design Systems, Equity Bancshares and S&P Global, on Tuesday.
    
    HIGHLIGHTS
                 * APA Corporation  APA.O : Piper Sandler cuts target price to $28 from $29
 
                 * Cadence Design Systems Inc  CDNS.O : Berenberg initiates coverage with buy
 rating 
 
                 * Equity Bancshares Inc  EQBK.N : Stephens raises to overweight from equal-weight
 
                 * S&P Global Inc  SPGI.N : JP Morgan raises target price to $600 from $565
 
                 * Vital Energy Inc  VTLE.N : Piper Sandler cuts target price to $37 from $38
 
       
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. Stock entries are in
alphabetical order. 
    
                 * American Financial Group Inc  AFG.N : KBW cuts target price to $151 from $153
 
                 * APA Corporation  APA.O : Piper Sandler cuts target price to $28 from $29
 
                 * Benitec Biopharma Inc  BNTC.O : Leerink Partners raises target price to $20 from $13
 
                 * Blackstone  BX.N : JP Morgan raises target price to $125 from $109
 
                 * Cadence Design Systems Inc  CDNS.O : Berenberg initiates coverage with buy rating 
 
                 * Cadence Design Systems Inc  CDNS.O : Berenberg initiates coverage with price target $320
 
                 * Chord Energy Corp  CHRD.O : Piper Sandler raises target price to $211 from $206
 
                 * Devon Energy Corp  DVN.N : Piper Sandler cuts target price to $56 from $57
 
                 * Diamondback Energy Inc  FANG.O : Piper Sandler raises target price to $252 from $240
 
                 * Enphase Energy Inc  ENPH.O : RBC cuts target price to $100 from $125
 
                 * Enphase Energy Inc  ENPH.O : RBC cuts to sector perform from outperform
 
                 * Equity Bancshares Inc  EQBK.N : Stephens raises target price to $46 from $42
 
                 * Equity Bancshares Inc  EQBK.N : Stephens raises to overweight from equal-weight
 
                 * Exxon Mobil  XOM.N : JP Morgan raises target price to $128 from $127
 
                 * First Busey Corp  BUSE.O : Stephens cuts target price to $27 from $28
 
                 * First Busey Corp  BUSE.O : Stephens cuts to equal-weight from overweight
 
                 * Freeport-Mcmoran Inc  FCX.N : JP Morgan raises target price to $55 from $53
 
                 * Keycorp  KEY.N : Baird cuts to neutral from outperform
 
                 * Las Vegas Sands Corp  LVS.N : JP Morgan raises target price to $60 from $53
 
                 * Longboard Pharmaceuticals Inc  LBPH.O : Truist Securities cuts to hold from buy
 
                 * Moderna  MRNA.O : Jefferies cuts target price to $55 from $65
 
                 * Moody's Corp  MCO.N : JP Morgan raises target price to $525 from $500
 
                 * MSCI Inc  MSCI.N : JP Morgan raises target price to $680 from $620
 
                 * Murphy Oil Corp  MUR.N : Piper Sandler cuts target price to $43 from $44
 
                 * Permian Resources Corp  PR.N : Piper Sandler cuts target price to $20 from $21
 
                 * Quanta Services Inc  PWR.N : TD Cowen raises target price to $335 from $280
 
                 * S&P Global Inc  SPGI.N : JP Morgan raises target price to $600 from $565
 
                 * Sitio Royalties Corp  STR.N : Piper Sandler cuts target price to $27 from $29
 
                 * Spyre Therapeutics Inc  SYRE.O : Jefferies raises target price to $37 from $31
 
                 * Synopsys Inc  SNPS.O : Berenberg initiates coverage with buy rating; price target $660
 
                 * Viper Energy Inc  VNOM.O : Piper Sandler raises target price to $61 from $57
 
                 * Vital Energy Inc  VTLE.N : Piper Sandler cuts target price to $37 from $38
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))