U.S. RESEARCH ROUNDUP-Biomea Fusion, Enphase Energy, Perion Network

Skye Bioscience

11/06/2024 08:20

June 11 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several US-listed companies, including Biomea Fusion, Enphase Energy and Perion
Network, on Tuesday. 
    
    HIGHLIGHTS
                 * Biomea Fusion Inc  BMEA.O : Truist Securities cuts to hold from buy
 
                 * Cleveland-Cliffs Inc  CLF.N : JP Morgan cuts to neutral from overweight
 
                 * Enphase Energy Inc  ENPH.O : HSBC raises to buy from hold
 
                 * Perion Network Ltd  PERI.O : Needham cuts to hold from buy
 
                 * TD Synnex Corp  SNX.N : RBC raises target price to $135 from $118
 
               
Following is a summary of research actions on US companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order. 
    
                 * Alphabet Inc  GOOGL.O : Evercore ISI raises target price to $225 from $220
 
                 * Bat  BTI.N : Morgan Stanley cuts target price to $34 from $35.5
 
                 * Biomea Fusion Inc  BMEA.O : Truist Securities cuts to hold from buy
 
                 * Cleveland-Cliffs Inc  CLF.N : JP Morgan cuts to neutral from overweight
 
                 * Cleveland-Cliffs Inc  CLF.N : JP Morgan cuts to target price to $17 from $23
 
                 * Comstock Resources Inc  CRK.N : Gerdes Energy Research cuts to neutral from buy
 
                 * Confluent Inc  CFLT.O : Evercore ISI initiates coverage with outperform rating; PT $35
 
                 * Eli Lilly  LLY.N : Jefferies raises target price to $994 from $957
 
                 * Enliven Therapeutics Inc  ELVN.O : Baird initiates coverage with outperform rating; PT $32
 
                 * Enphase Energy Inc  ENPH.O : HSBC raises target price to $166 from $104
 
                 * Enphase Energy Inc  ENPH.O : HSBC raises to buy from hold
 
                 * Ford Motor Co  F.N : HSBC raises target price to $13 from $11.3
 
                 * Fuelcell Energy Inc  FCEL.O : Jefferies cuts target price to $1.11 from $1.25
 
                 * General Motors Co  GM.N : HSBC raises target price to $56 from $48
 
                 * Longboard Pharmaceuticals Inc  LBPH.O : B. Riley raises target price to $36 from $30
 
                 * Micron Technology Inc  MU.O : Bernstein raises target price to $140 from $105
 
                 * Nucor Corp  NUE.N : JP Morgan cuts target price to $180 from $190
 
                 * Nvidia Corp  NVDA.O : Evercore ISI adjusts PT to $131 from $1310 to reflect 10-for-1 stock split
 
                 * Nvidia Corp  NVDA.O : Oppenheimer adjusts PT to $150 from $110 to reflect 10-for-1 stock split
 
                 * Perion Network Ltd  PERI.O : Needham cuts to hold from buy
 
                 * Prokidney Corp  PROK.O : Jefferies cuts target price to $6 from $15
 
                 * RLJ Lodging Trust  RLJ.N : Baird cuts target price to $12 from $13
 
                 * Skye Bioscience Inc  SKYE.O : Oppenheimer cuts target price to $21 from $25
 
                 * TD Synnex Corp  SNX.N : RBC raises target price to $135 from $118
 
                 * Walmart  WMT.N : HSBC raises target price to $81 from $70
 
                 * Western Digital Corp  WDC.O : Susquehanna raises target price to $88 from $80
 
    
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))