U.S. RESEARCH ROUNDUP-Liberty Property, Covanta Holding, Flagstar Bancorp

Pennantpark Floating Rate Capital

13/02/2017 12:25

Feb 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets 
on several U.S.-listed companies, including Liberty Property Trust, Valvoline and Good Times 
Restaurants, on Monday.  
     
     
  HIGHLIGHTS 
     
     * Liberty Property Trust  LPT.N : Capital One Securities cuts to equal weight 
     * Covanta Holding Corp  CVA.N : Stifel cuts to hold from buy - Trader 
     * Fifth Street Senior Floating  FSFR.O : Deutsche Bank cuts to hold from buy 
     * J C Penney Company Inc  JCP.N : Morgan Stanley raises to equal weight 
     * Flagstar Bancorp Inc  FBC.N : Piper Jaffray raises to overweight from neutral - Trader 
         
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. 
Stock entries are in alphabetical order. 
 
     
     
     * Activision Blizzard Inc  ATVI.O : Ascediant Capital raises target price to $57 from $48 
     * Advisory Board Co  ABCO.O : Barclays raises target price to $56 from $38; overweight 
     * Agilent Technologies Inc  A.N : Janney raises fair value to $60 from $55 
     * Air Products and Chemicals Inc  APD.N : Barclays resumes with overweight; target $160 
     * AK Steel Holding Corp  AKS.N : Morgan Stanley cuts to equal weight from overweight 
     * Apple Inc  AAPL.O : Goldman Sachs raises target price to $150 from $133 
     * Applied Materials Inc  AMAT.O : Cowen and Company raises target price to $40 from $33 
     * Applied Optoelectronics  AAOI.O : Piper Jaffray raises target to $45 from $35;overweight 
     * Aptargroup Inc  ATR.N : Jefferies cuts price target to $77 from $79; rating hold 
     * Blackhawk Network Holdings  HAWK.O : Goldman Sachs raises target price to $39 from $37 
     * Blackhawk Network Holdings  HAWK.O : Goldman Sachs raises target to $39 from $37;neutral 
     * Brookfield Infrastructure  BIP.N : Credit Suisse cuts to neutral from outperform -Trader 
     * Buckeye Partners LP  BPL.N : Barclays raises target price to $75 from $72; equal weight 
     * Buckeye Partners LP  BPL.N : Mizuho raises target price to $73 from $70 
     * Buckeye Partners LP  BPL.N : Stifel cuts to hold from buy - Trader 
     * Caterpillar Inc  CAT.N : Evercore ISI raises to buy from hold - Trader 
     * CBRE Group Inc  CBG.N : KBW raises target price to $34 from $31 
     * CBS Corp  CBS.N : Instinet raises target price to $70 from $66; rating buy 
     * Changyou  CYOU.O : HSBC cuts target price to $29 from $30 
     * Corporate Office Properties Trust  OFC.N : Mizuho raises target price to $38 from $34 
     * Costamare Inc  CMRE.N : Stifel raises to hold from sell 
     * Covanta Holding Corp  CVA.N : Stifel cuts to hold from buy - Trader 
     * Eastern Virginia Bankshares Inc  EVBS.O : KBW raises target price to $10.5 from $10 
     * Emerge Energy Services LP  EMES.N : Goldman Sachs raises target to $22.50 from $20; buy 
     * Energen Corp  EGN.N : Barclays raises target price to $63 from $62; rating equal weight 
     * Evercore Partners Inc  EVR.N : Instient cuts to neutral from buy 
     * Evercore Partners Inc  EVR.N : Instient raises target price to $85 from $83 
     * Exar Corp  EXAR.N : Cowen and Company raises target price to $13 from $11 
     * Fairmount Santrol Holdings  FMSA.N : Goldman Sachs ups target to $12.50 from $11;neutral 
     * Fifth Street Finance  FSC.O : Barclays cuts target price to $5 from $6 
     * Fifth Street Finance  FSC.O : Deutsche Bank cuts target price to $5.50 from $6.50; buy 
     * Fifth Street Finance  FSC.O : KBW cuts target price to $5 from $6 
     * Fifth Street Senior Floating  FSFR.O : Deutsche Bank cuts target to $9.25 from $10; hold 
     * Fifth Street Senior Floating  FSFR.O : Deutsche Bank cuts to hold from buy 
     * Firstservice Corp  FSV.O : CIBC raises target price to $56 from $46 
     * Flagstar Bancorp Inc  FBC.N : Piper Jaffray raises to overweight from neutral - Trader 
     * Forum Energy Technologies  FET.N : Jefferies raises price target to $22 from $18; hold 
     * GlaxoSmithKline Plc  GSK.L : JP Morgan raises target price to 1670p from 1600p 
     * GNC Holdings Inc  GNC.N : Deutsche Bank cuts price target to $10 from $16; rating hold 
     * Good Times Restaurants Inc  GTIM.O : Dougherty & Company cuts target to $4.50 from $5.50 
     * Halliburton Co  HAL.N : Goldman Sachs raises price target to $71 from $70; rating buy 
     * IBM  IBM.N : Goldman Sachs raises price target to $160 from $145; rating neutral 
     * Ingersoll-Rand Plc  IR.N : Evercore ISI cuts to hold from buy - Trader 
     * Interpublic Group of Companies  IPG.N : Goldman Sachs ups target to $25 from $24;neutral 
     * Interpublic Group of Companies  IPG.N : Wedbush raises target to $29 from $28;outperform 
     * J C Penney Company Inc  JCP.N : Morgan Stanley raises to equal weight 
     * Lazard Ltd  LAZ.N : INSTIENT raises target price to $46 from $43 
     * Liberty Property Trust  LPT.N : Capital One Securities cuts target price by $3 to $40 
     * Liberty Property Trust  LPT.N : Capital One Securities cuts to equal weight 
     * LPL Financial Holdings Inc  LPLA.O : KBW raises target price to $42 from $41 
     * Masimo Corp  MASI.O : Raymond James cuts to market perform from outperform 
     * Masimo Corp  MASI.O : Wedbush raises target price to $85 from $75; rating outperform 
     * Melco Crown Entertainment  MPEL.O : Morgan Stanley raises target to $19 from $18.90 
     * Melco Crown Entertainment  MPEL.O :Morgan Stanley raises to overweight from equal-weight 
     * Mosaic Co  MOS.N : Barclays raises target price to $25 from $22; rating underweight 
     * National Oilwell Varco  NOV.N :Goldman Sachs raises target to $38.50 from $37.50;neutral 
     * Nucor Corp  NUE.N : Morgan Stanley raises to overweight from equal weight 
     * Occidental Petroleum Corp  OXY.N : Mizuho cuts target price to $70 from $87 
     * Occidental Petroleum Corp  OXY.N : Mizuho cuts to neutral from buy 
     * Oceaneering International Inc  OII.N : Deutsche Bank cuts target to $31 from $33; buy 
     * Omnova Solutions Inc  OMN.N : Deutsche Bank raises target price to $10 from $9.50; buy 
     * Park Hotels & Resorts Inc  PK.N : Barclays starts with overweight; target price $30 
     * Parsley Energy Inc  PE.N : Deutsche Bank cuts price target to $46 from $49 
     * Patterson-UTI Energy Inc  PTEN.O : Goldman Sachs raises target to $34 from $32; neutral 
     * Pennantpark Floating Rate Capital Ltd  PFLT.O : KBW raises target to $15 from $14.5 
     * Pioneer Natural Resources Co  PXD.N : Jefferies raises target to $245 from $224; buy 
     * Portola Pharmaceuticals  PTLA.O : Goldman Sachs raises target to $31 from $27; neutral 
     * Reynolds American Inc  RAI.N : Barclays raises target price to $60 from $52; overweight 
     * RPC Inc  RES.N : Goldman Sachs raises price target to $23.50 from $20.50; rating neutral 
     * Sierra Wireless Inc  SWIR.O : CIBC raises target price to $19 from $13 
     * T-Mobile US Inc  TMUS.O : Morgan Stanley raises target price to $72 from $64 
     * Travelers Companies Inc  TRV.N : FBR cuts to market perform from outperform - Trader 
     * U.S. Silica Holdings  SLCA.N : Goldman Sachs raises price target to $71.50 from $67;buy 
     * United States Steel Corp  X.N : Morgan Stanley raises target price to $48 from $46 
     * Valvoline Inc  VVV.N : Morgan Stanley raises target price to $25 from $24; equal weight 
     * Ventas Inc  VTR.N : Barclays cuts target price to $67 from $68; rating equal weight 
     * Vista Outdoor Inc  VSTO.N : Forward View cuts to hold from buy - Trader 
     * Weatherford International  WFT.N : Goldman Sachs raises target to $7.25 from $7; buy 
     * Williams-Sonoma  WSM.N :Telsey Advisory Group cuts target to $51 from $61;market perform 
     * Zynga Inc  ZNGA.O : Mizuho cuts target price to $3.20 from $3.50 
  
 
 (Compiled by Bengaluru Newsroom) 
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Keywords: RESEARCH US/