U.S. RESEARCH ROUNDUP-Adobe, Benefitfocus, Fedex

Omnicell

16/09/2022 08:26

Sept 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Adobe, Benefitfocus and Fedex, on Friday. 
    
    HIGHLIGHTS
     * Adobe Inc  ADBE.O : Oppenheimer cuts to perform from outperform 
     * Benefitfocus Inc  BNFT.O : KeyBanc initiates coverage with overweight rating     
     * Doximity Inc  DOCS.N : KeyBanc initiates coverage with sector weight rating     
     * Fedex Corp  FDX.N : JP Morgan cuts to neutral from overweight 
     * Teladoc Health Inc  TDOC.N : KeyBanc initiates coverage with sector weight rating
     
Following is a summary of research actions on U.S. companies reported by Reuters on Friday.
Stock entries are in alphabetical order. 
    
     * Adobe Inc  ADBE.O : Credit Suisse cuts target price to $350 from $425 
     * Adobe Inc  ADBE.O : Oppenheimer cuts to perform from outperform 
     * Adobe Inc  ADBE.O : Piper Sandler cuts target price to $358 from $430 
     * Alight Inc  ALIT.N : KeyBanc initiates coverage with overweight rating 
     * Allscripts Healthcare Solutions Inc  MDRX.O : KeyBanc initiates with sector weight rating 
     * Autozone Inc  AZO.N : Stephens raises target price to $2400 from $2285 
     * Beauty Health Co  SKIN.O : JP Morgan raises target price to $22 from $18 
     * Beauty Health Co  SKIN.O : Piper Sandler raises target price to $23 from $20 
     * Benefitfocus Inc  BNFT.O : KeyBanc initiates coverage with overweight rating 
     * Bowlero Corp  BOWL.N : JP Morgan raises target price to $18 from $17 
     * Choice Hotels International Inc  CHH.N : Baird raises target price to $133 from $129 
     * Cross Country Healthcare Inc  CCRN.O : Barrington Research raises target to $41 from $40 
     * CSX Corp  CSX.O : Credit Suisse cuts target price to $39 from $41 
     * Doximity Inc  DOCS.N : KeyBanc initiates coverage with sector weight rating 
     * Fedex Corp  FDX.N : Baird cuts target price to $240 from $300 
     * Fedex Corp  FDX.N : JP Morgan cuts target price to $214 from $258 
     * Fedex Corp  FDX.N : JP Morgan cuts to neutral from overweight 
     * Goodrx Holdings Inc  GDRX.O : KeyBanc initiates coverage with sector weight rating 
     * Health Catalyst Inc  HCAT.O : KeyBanc initiates coverage with sector weight rating 
     * Healthequity Inc  HQY.O : KeyBanc initiates with overweight rating and $85 target price 
     * Humana Inc  HUM.N : Oppenheimer raises target price to $550 from $520 
     * Myt Netherlands Parent BV  MYTE.N : Cowen and Company cuts target price to $17 from $22 
     * National Instruments Corp  NATI.O : JP Morgan raises target price to $43 from $40 
     * Nucor Corp  NUE.N : Credit Suisse cuts target price to $140 from $165 
     * Omnicell Inc  OMCL.O : KeyBanc initiates with overweight rating and $130 target price 
     * Phreesia Inc  PHR.N : KeyBanc initiates coverage with overweight rating and PT of $40 
     * Point Biopharma Global Inc  PNT.O : Truist Securities initiates coverage with buy rating
     * Point Biopharma Global Inc  PNT.O : Truist Securities initiates coverage with PT $22 
     * Progyny Inc  PGNY.O : KeyBanc initiates coverage with overweight rating and PT of $55 
     * R1 Rcm Holdco Inc  RCM.O : KeyBanc initiates coverage with overweight rating 
     * R1 Rcm Holdco Inc  RCM.O : KeyBanc initiates coverage with target price of $30 
     * Recursion Pharmaceuticals Inc  RXRX.O : KeyBanc initiates coverage with overweight rating 
     * Recursion Pharmaceuticals Inc  RXRX.O : KeyBanc initiates coverage with target of $20 
     * Starbucks Corp  SBUX.O : Piper Sandler raises target price to $92 from $84 
     * Stitch Fix Inc  SFIX.O : JP Morgan cuts target price to $6 from $8 
     * Stratasys Ltd  SSYS.O : JP Morgan cuts target price to $20 from $23 
     * Syneos Health Inc  SYNH.O : Baird cuts target price to $80 from $89 
     * Teladoc Health Inc  TDOC.N : KeyBanc initiates coverage with sector weight rating 
     * United States Steel Corp  X.N : Credit Suisse cuts target price to $37 from $44 
     * Veeva Systems Inc  VEEV.N : KeyBanc initiates coverage with overweight rating 
     * Veeva Systems Inc  VEEV.N : KeyBanc initiates coverage with target price of $220 
     * Verisk Analytics Inc  VRSK.O : JP Morgan raises target price to $220 from $215 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))