U.S. RESEARCH ROUNDUP-Avalara, Citigroup, Rayonier Advanced Materials

Omnicell

18/07/2022 09:44

July 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Avalara, Citigroup and Rayonier Advanced Materials,
on Monday. 
    
    HIGHLIGHTS
     * Avalara Inc  AVLR.N : Piper Sandler cuts target price to $118 from $135
     * Citigroup Inc  C.N : Barclays cuts target price to $64 from $67
     * JP Morgan  JPM.N : Berenberg raises to hold from sell
     * Rayonier Advanced Materials  RYAM.N : RBC raises to outperform from sector perform
     * Western Midstream Partners LP  WES.N : JP Morgan raises target price to $31 from $29
    
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     * AECOM  ACM.N : Credit Suisse cuts target price to $76 from $79
     * AG Mortgage Investment Trust Inc  MITT.N : KBW cuts target price to $8.5 from $10
     * AG Mortgage Investment Trust Inc  MITT.N : KBW cuts to market perform from outperform
     * AGCO Corp  AGCO.N : Credit Suisse cuts target price to $128 from $167.68
     * AGNC Investment Corp  AGNC.O : KBW cuts target price to $12 from $13.25
     * Allison Transmission Holdings Inc  ALSN.N : Credit Suisse cuts target to $40 from $44
     * Ally Financial Inc  ALLY.N : Citigroup cuts price target to $39 from $62
     * Alteryx Inc  AYX.N : Piper Sandler cuts target price to $55 from $87
     * American Tower Corp  AMT.N : Citigroup cuts price target to $290 from $300
     * Annaly Capital Management Inc  NLY.N : KBW cuts target price to $6.25 from $6.75
     * Anywhere Real Estate Inc  HOUS.N : KBW cuts target price to $17 from $21
     * Asana Inc  ASAN.N : Piper Sandler cuts target price to $22 from $35
     * Ascendis pharma A/S  ASND.O : JP Morgan cuts target price to $150 from $155
     * Avalara Inc  AVLR.N : Piper Sandler cuts target price to $118 from $135
     * Avidxchange Holdings Inc  AVDX.O : Piper Sandler cuts target price to $11 from $13
     * Bank of New York Mellon Corp  BK.N : KBW raises target price to $47 from $45
     * Bank of New York Mellon Corp  BK.N : Barclays cuts target price to $61 from $68
     * Bath & Body Works Inc  BBWI.N : Evercore ISI raises target price to $28 from $27
     * Bill.Com Holdings Inc  BILL.N : Piper Sandler cuts target price to $170 from $212
     * Biogen Inc  BIIB.O : Oppenheimer raises target price to $230 from $225
     * BlackRock Inc  BLK.N : KBW cuts target price to $640 from $675
     * BlackRock Inc  BLK.N : JP Morgan cuts target price to $677 from $729
     * Block Inc  SQ.N : RBC cuts target price to $91 from $147
     * Cara Therapeutics Inc  CARA.O : JP Morgan raises target price to $20 from $19
     * Caterpillar Inc  CAT.N : Credit Suisse cuts target price to $226 from $262
     * Certara Inc  CERT.O : SVB Securities starts coverage with outperform rating; PT $29
     * Chimera Investment Corp  CIM.N : KBW cuts target price to $8 from $9.75
     * Cintas Corp  CTAS.O : Barclays cuts target price to $435 from $500
     * Cintas Corp  CTAS.O : Jefferies cuts target price to $471 from $500
     * Citigroup Inc  C.N : Berenberg cuts target price to $60 from $65
     * Citigroup Inc  C.N : Credit Suisse cuts target price to $56 from $58
     * Citigroup Inc  C.N : Barclays cuts target price to $64 from $67
     * Citigroup Inc  C.N : Evercore ISI raises target price to $54 from $52
     * Cloudflare Inc  NET.N : Wells Fargo cuts target price to $42 from $60
     * Constellation Brands Inc  STZ.N : Jefferies raises target price to $315 from $305
     * Core & Main Inc  CNM.N : Credit Suisse cuts target price to $29 from $32
     * Coupa Software Inc  COUP.O : Piper Sandler cuts target price to $65 from $85
     * Cummins Inc  CMI.N : Credit Suisse cuts target price to $249 from $270
     * DCP Midstream LP  DCP.N : JP Morgan cuts target price to $45 from $46
     * Deere & Co  DE.N : Credit Suisse cuts target price to $393 from $472
     * Domino's Pizza Inc  DPZ.N : Stifel raises target price to $400 from $345
     * Dynex Capital Inc  DX.N : KBW cuts target price to $17.25 from $18.75
     * Elanco Animal Health Inc  ELAN.N : JP Morgan cuts target price to $32 from $37
     * Ellington Financial Inc  EFC.N : KBW cuts target price to $14.75 from $17.75
     * Ellington Financial Inc  EFC.N : KBW cuts to market perform from outperform
     * Enact Holdings Inc  ACT.O : KBW cuts target price to $27 from $28
     * Enact Holdings Inc  ACT.O : KBW cuts to market perform from outperform
     * EVgo Inc  EVGO.O : Credit Suisse cuts target price to $13 from $14
     * Fidelity National Financial Inc  FNF.N : KBW cuts target price to $58 from $62
     * First American Financial Corp  FAF.N : KBW cuts target price to $65 from $75
     * Fluor Corp  FLR.N : Credit Suisse cuts target price to $26 from $29
     * Fortinet Inc  FTNT.O : Wells Fargo cuts target price to $70 from $80
     * Freshworks Inc  FRSH.O : Piper Sandler cuts target price to $20 from $28
     * Gates Industrial Corporation Plc  GTES.N : Credit Suisse cuts target to $13 from $16
     * Guardion Health Sciences  GHSI.O : Ascendiant Capital Markets initiates with buy rating; PT $0.75
     * Healthcare Realty Trust Inc  HR.N : Credit Suisse cuts target price to $29 from $34
     * Hubspot Inc  HUBS.N : Piper Sandler cuts target price to $350 from $600
     * Illinois Tool Works Inc  ITW.N : Credit Suisse cuts target price to $225 from $261
     * Iqvia Holdings  IQV.N : SVB Securities starts coverage with outperform rating; PT $256
     * Jacobs Engineering Group Inc  J.N : Credit Suisse cuts target price to $159 from $176
     * JP Morgan  JPM.N : Berenberg raises to hold from sell
     * JP Morgan  JPM.N : RBC cuts target price to $130 from $155
     * KBR Inc  KBR.N : Credit Suisse cuts target price to $66 from $67
     * Manitowoc Company Inc  MTW.N : Credit Suisse cuts target price to $12 from $15
     * Matterport Inc  MTTR.O : Piper Sandler cuts target price to $5 from $7
     * MFA Financial Inc  MFA.N : KBW cuts target price to $12.75 from $18.25
     * MFA Financial Inc  MFA.N : KBW cuts to market perform from outperform
     * Mgic Investment Corp  MTG.N : KBW cuts target price to $17.5 from $18
     * Mirum Pharmaceuticals Inc  MIRM.O : JP Morgan cuts target price to $31 from $32
     * Mongodb Inc  MDB.O : Piper Sandler cuts target price to $375 from $430
     * Navient Corp  NAVI.O : Citigroup cuts price target to $16 from $17
     * Ncino Inc  NCNO.O : Piper Sandler cuts target price to $40 from $50
     * New Residential Investment Corp  NRZ.N : KBW cuts target price to $11.5 from $14.25
     * New York Mortgage Trust Inc  NYMT.O : KBW cuts target price to $3 from $4
     * New York Mortgage Trust Inc  NYMT.O : KBW cuts to market perform from outperform
     * NMI Holdings Inc  NMIH.O : KBW cuts target price to $25 from $27.5
     * Olo Inc  OLO.N : Piper Sandler cuts target price to $13 from $14
     * Omnicell  OMCL.O : SVB Securities starts coverage with market perform rating; PT $124
     * Onemain Holdings Inc  OMF.N : Citigroup cuts price target to $43 from $54
     * Optimizerx  OPRX.O : SVB Securities starts coverage with outperform rating; PT $38
     * Oshkosh Corp  OSK.N : Credit Suisse cuts target price to $97 from $111
     * Paccar Inc  PCAR.O : Credit Suisse cuts target price to $102 from $113
     * Parker-Hannifin Corp  PH.N : Credit Suisse cuts target price to $330 from $382
     * Pennymac Mortgage Investment Trust  PMT.N : KBW cuts target price to $15 from $16
     * Ping Identity Holding Corp  PING.N : Wells Fargo cuts target price to $27 from $35
     * PNC Financial Services Group Inc  PNC.N : Piper Sandler cuts PT to $160 from $170
     * PNC Financial Services Group Inc  PNC.N : Barclays cuts target price to $222 from $250
     * PNC Financial Services Group Inc  PNC.N : Credit Suisse cuts PT to $170 from $172
     * PNC Financial Services Group Inc  PNC.N : RBC cuts target price to $205 from $220
     * Procore Technologies Inc  PCOR.N : Piper Sandler cuts target price to $62 from $90
     * Progressive Corp  PGR.N : KBW raises target price to $109 from $107
     * Progressive Corp  PGR.N : Evercore ISI raises target price to $129 from $127
     * Qualtrics International Inc  XM.O : Piper Sandler cuts target price to $20 from $40
     * Radian Group Inc  RDN.N : KBW cuts target price to $27 from $28
     * Radian Group Inc  RDN.N : KBW cuts to market perform from outperform
     * Rayonier Advanced Materials  RYAM.N : RBC cuts target price $5 from $6
     * Rayonier Advanced Materials  RYAM.N : RBC raises to outperform from sector perform
     * Re/Max Holdings Inc  RMAX.N : KBW cuts target price to $28 from $31
     * Redwood Trust Inc  RWT.N : KBW cuts target price to $10 from $12
     * Rev Group Inc  REVG.N : Credit Suisse cuts target price to $8 from $10
     * Riskified Ltd  RSKD.N : Piper Sandler cuts target price to $5 from $7
     * Rocket Companies Inc  RKT.N : KBW cuts target price to $6.5 from $7
     * Ross Stores Inc  ROST.O : Evercore ISI cuts target price to $70 from $135
     * Rush Enterprises Inc  RUSHA.O : Credit Suisse cuts target price to $59 from $65
     * Salesforce Inc  CRM.N : Piper Sandler cuts target price to $220 from $250
     * Sallie Mae  SLM.O : Citigroup cuts price target to $18 from $21
     * ServiceNow Inc  NOW.N : RBC cuts target price to $610 from $670
     * Shopify Inc  SHOP.N : Piper Sandler cuts target price to $38 from $60
     * Snap Inc  SNAP.N : Credit Suisse cuts target price to $45 from $59
     * Snowflake Inc.  SNOW.N : Piper Sandler cuts target price to $164 from $165
     * Starbucks Corp  SBUX.O : Piper Sandler raises target price to $84 from $80
     * State Street Corp  STT.N : KBW raises target price to $85 from $80
     * State Street Corp  STT.N : Evercore ISI raises target price to $78 from $75
     * Stewart Information Services Corp  STC.N : KBW cuts target price to $72 from $84
     * Sunlight Financial Holdings Inc  SUNL.N : Citigroup cuts price target to $4 from $6
     * Tenable Holdings Inc  TENB.O : Wells Fargo cuts target price to $57 from $70
     * Terex Corp  TEX.N : Credit Suisse cuts target price to $37 from $48
     * Tractor Supply Co  TSCO.O : Piper Sandler cuts target price to $253 from $261
     * Twilio Inc  TWLO.N : Piper Sandler cuts target price to $132 from $220
     * Two Harbors Investment Corp  TWO.N : KBW cuts target price to $5 from $5.5
     * Tyler Technologies Inc  TYL.N : Piper Sandler cuts target price to $405 from $540
     * UnitedHealth Group Inc  UNH.N : Credit Suisse raises target price to $579 from $575
     * UnitedHealth Group Inc  UNH.N : Jefferies raises target price to $513 from $487
     * UnitedHealth Group Inc  UNH.N : Oppenheimer raises target price to $610 from $600
     * Universal Health Services Inc  UHS.N : Stephens raises target price to $590 from $580
     * US Bancorp  USB.N : Piper Sandler cuts target price to $50 from $52
     * US Bancorp  USB.N : Wedbush raises target price to $50 from $49
     * Usertesting Inc  USER.N : Piper Sandler cuts target price to $9 from $14
     * UWM Holdings Corp  UWMC.N : KBW cuts target price to $3 from $3.5
     * Varonis Systems Inc  VRNS.O : Wells Fargo cuts target price to $40 from $60
     * Veeva Systems Inc  VEEV.N : Piper Sandler cuts target price to $275 from $290
     * Warner Music Group Corp  WMG.O : Jefferies cuts target price to $30 from $35
     * Weave Communications Inc  WEAV.N : Piper Sandler cuts target price to $4 from $8
     * Wells Fargo & Co  WFC.N : Credit Suisse cuts target price to $55 from $57
     * Wells Fargo & Co  WFC.N : KBW cuts target price to $60 from $62
     * Wells Fargo & Co  WFC.N : Barclays cuts target price to $58 from $64
     * Wells Fargo & Co  WFC.N : Raymond James raises target price to $52 from $50
     * Western Midstream Partners LP  WES.N : JP Morgan raises target price to $31 from $29
     * Workday Inc  WDAY.O : Piper Sandler cuts target price to $175 from $230
     * Yeti Holdings Inc  YETI.N : Jefferies cuts target price to $90 from $121
     * Zendesk Inc  ZEN.N : Piper Sandler cuts target price to $77.5 from $140
     * Zoominfo Technologies Inc  ZI.O : Piper Sandler cuts target price to $50 from $65
     

 (Compiled by Bengaluru Newsroom)
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