U.S. RESEARCH ROUNDUP-East West Bancorp, First Citizens Bancshares, UMB Financial
U.S. RESEARCH ROUNDUP-East West Bancorp, First Citizens Bancshares, UMB Financial July 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including East West, First Citizens Bancshares, and UMB Financial Corp, on Monday.
HIGHLIGHTS
* Cullen/Frost Bankers Inc CFR.N: TD Cowen raises target price to $169 from $160 |
* East West Bancorp Inc EWBC.O: TD Cowen raises target price to $148 from $143 |
* First Citizens Bancshares FCNCA.O: TD Cowen raises target price to $2,430 from $2,300 |
* Iqvia Holdings Inc IQV.N: HSBC raises target price to $240 from $210 |
* UMB Financial Corp UMBF.O: TD Cowen raises target price to $161 from $147 |
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* Abbvie Inc ABBV.N: HSBC raises target price to $300 from $275 |
* Abivax SA ABVX.O: Wedbush raises target price to $140 from $110 |
* Advanced Micro Devices AMD.O: Goldman Sachs raises target price to $640 from $450 |
* Alexandria Real Estate Equities, Inc ARE.N: Mizuho cuts target price to $60 from $70 |
* Allegiant Travel ALGT.O: Morgan Stanley raises target price to $115 from $100 |
* Allstate Corp ALL.N: Raymond James raises target price to $300 from $260 |
* Applied Materials Inc AMAT.O: Goldman Sachs raises target price to $645 from $520 |
* Arcbest Corp ARCB.O: Morgan Stanley raises target price to $180 from $150 |
* Automatic Data Processing Inc ADP.O: TD Cowen raises target price to $223 from $216 |
* Autonation Inc AN.N: Wells Fargo cuts target price to $202 from $208 |
* Avalo Therapeutics Inc AVTX.O: Leerink Partners initiates coverage with outperform rating |
* Avalo Therapeutics Inc AVTX.O: Leerink Partners initiates coverage with PT $38 |
* Avista Corp. AVA.N: Barclays raises target price to $40 from $39 |
* Axon Enterprise Inc AXON.O: Needham raises target price to $750 from $600 |
* Banc of California Inc BANC.N: Wells Fargo raises target price to $23 from $22 |
* Bank of America BAC.N: Goldman Sachs raises target price to $71 from $65 |
* Bank of America Corporation BAC.N: Wells Fargo raises target price to $67 from $65 |
* Bank Ozk OZK.O: TD Cowen cuts to hold from buy |
* Bank Ozk OZK.O: Wells Fargo raises target price to $52 from $50 |
* Biogen BIIB.O: HSBC raises target price to $157 from $150 |
* Bio-Techne Corp TECH.O: Evercore ISI cuts to in line from outperform |
* Bloom Energy Corp BE.N: Jefferies raises target price to $246 from $207 |
* Bok Financial Corp. BOKF.O: Wells Fargo raises target price to $138 from $130 |
* Celanese Corp CE.N: BMO cuts target price to $57 from $80 |
* CH Robinson Worldwide Inc CHRW.O: Morgan Stanley raises target price to $91 from $90 |
* Citigroup C.N: Goldman Sachs raises target price to $162 from $149 |
* Coastal Financial Corp (Everett) CCB.O: TD Cowen cuts target price to $110 from $120 |
* Columbia Banking System, Inc. COLB.O: Wells Fargo raises PT to $32 from $30 |
* Commerce Bancshares Inc CBSH.O: TD Cowen raises target price to $62 from $54 |
* Commerce Bancshares Inc CBSH.O: Wells Fargo raises target price to $57 from $53 |
* Commercial Metals Co CMC.N: Citigroup cuts target price to $75 from $85 |
* Constellation Brands STZ.N: Barclays cuts target price to $139 from $170 |
* Corning Inc. GLW.N: BofA Global Research ups price objective to $243 from $223 |
* Crowdstrike Holdings, Inc CRWD.O: Barclays cuts target price to $169 from $675 |
* Cullen/Frost Bankers Inc CFR.N: Jefferies ups to hold from underperform |
* Cullen/Frost Bankers Inc CFR.N: Jefferies ups PT to $160 from $135 |
* Cullen/Frost Bankers Inc CFR.N: TD Cowen raises target price to $169 from $160 |
* CVS Health Corp CVS.N: HSBC raises target price to $103 from $85 |
* Dana Incorporated DAN.N: Barclays cuts target price to $33 from $41 |
* Dana Incorporated DAN.N: Barclays cuts to equal-weight from overweight |
* Datadog Inc DDOG.O: Bernstein cuts target price to $226 from $180 |
* Datadog Inc DDOG.O: Bernstein cuts to market perform from outperform |
* Delta Air Lines Inc DAL.N: Raymond James cuts to outperform from strong buy |
* Delta Airlines Inc DAL.N: Morgan Stanley raises PT to $115 from $105 |
* Dollar Tree Inc DLTR.O: JP Morgan raises target price to $170 from $160 |
* Doordash, Inc. DASH.O: Wells Fargo cuts target price to $199 from $200 |
* Dow Inc DOW.N: BMO cuts target price to $33 from $46 |
* East West Bancorp Inc EWBC.O: TD Cowen raises target price to $148 from $143 |
* East West Bancorp Inc EWBC.O: Wells Fargo raises target price to $140 from $125 |
* Entegris Inc ENTG.O: BMO raises target price to $167 from $153 |
* Entegris Inc ENTG.O: Deutsche Bank raises target price to $155 from $145 |
* Erock EROC.N: BofA Global Research initiates coverage with neutral rating |
* Erock EROC.N: BofA Global Research initiates coverage with price objective $16 |
* Erock Inc EROC.N: JP Morgan initiates coverage with overweight rating; PT $24 |
* F.N.B. Corporation FNB.N: Wells Fargo raises target price to $21 from $20 |
* Factset Research Systems FDS.N: Barclays raises target price to $216 from $210 |
* Fastenal Co FAST.O: Barclays raises target price to $47 from $46 |
* Fifth Third Bancorp FITB.N: Wells Fargo raises target price to $67 from $58 |
* First Bancorp FBP.N: Wells Fargo raises target price to $28 from $26 |
* First Citizens Bancshares FCNCA.O: TD Cowen raises target price to $2,430 from $2,300 |
* First Hawaiian Inc FHB.O: Wells Fargo raises target price to $28 from $26 |
* First Horizon Corporation FHN.N: Wells Fargo raises target price to $26 from $25 |
* First Solar, Inc. FSLR.O: Wells Fargo raises target price to $320 from $255 |
* Flagstar Bank Na FLG.N: TD Cowen raises to buy from hold; raises PT to $18 from $15 |
* Forbright Inc FRBT.O: JP Morgan initiates coverage with neutral rating; PT $21 |
* Forbright Inc FRBT.O: Piper Sandler initiates coverage with neutral rating; PT |
* Forbright Inc FRBT.O: TD Cowen initiates coverage with buy rating; target price $23 |
* Forbright Inc FRBT.O: Wells Fargo initiates coverage with overweight rating and PT $21 |
* Forbright Inc. FRBT.O: Barclays initiates coverage with overweight rating and PT $23 |
* Formula One FWONA.O: BofA Global Research ups price objective to $115 from $105 |
* Fox Corporation FOXA.O: Wells Fargo cuts target price to $65 from $71 |
* General Dynamics GD.N: BofA Global Research ups price objective to $415 from $400 |
* Gilead GILD.O: HSBC raises to buy from hold; raises target price to $155 from $133 |
* Glaukos Corp GKOS.N: H.C. Wainwright initiates coverage with buy rating |
* Glaukos Corp GKOS.N: H.C. Wainwright initiates target price $168 |
* Grand Canyon Education Inc LOPE.O: BMO cuts target price to $185 from $198 |
* Guardant Health GH.O: BofA Global Research ups price objective to $190 from $135 |
* Heartland Express Inc HTLD.O: Morgan Stanley raises target price to $13 from $12 |
* Hexcel Corp HXL.N: Jefferies raises target price to $105 from $95 |
* Honeywell HON.O: JP Morgan cuts target price to $250 from $260 |
* Huntington Bancshares Inc HBAN.O: Jefferies cuts to hold from buy; cuts PT to $19 from $21 |
* International Business Machines Corp IBM.N: BofA Global Research raises PO to $330 from $315 |
* Iqvia Holdings Inc IQV.N: HSBC raises target price to $240 from $210 |
* J B Hunt Transport Services JBHT.O: Morgan Stanley cuts to underweight from equal weight |
* J B Hunt Transport Services Inc. JBHT.O: Morgan Stanley raises target price to $200 from $190 |
* J.P. Morgan Chase & Co JPM.N: Goldman Sachs raises target price to $411 from $375 |
* J.P. Morgan Chase & Co JPM.N: Wells Fargo raises target price to $360 from $350 |
* JetBlue Airways JBLU.O: Raymond James cuts to underperform from market perform |
* Johnson & Johnson JNJ.N: HSBC raises target price to $290 from $280 |
* Keycorp KEY.N: Wells Fargo raises target price to $27 from $24 |
* Kla Corp KLAC.O: Goldman Sachs raises target price to $230 from $155 |
* Knight-Swift Transportation Holdings KNX.N: Morgan Stanley raises PT to $100 from $70 |
* Lam Research LRCX.O: Goldman Sachs raises target price to $380 from $290 |
* Landstar System Inc LSTR.O: Morgan Stanley cuts to underweight from equal weight |
* Lithia Motors Inc LAD.N: Wells Fargo raises target price to $306 from $305 |
* M&T Bank Corporation MTB.N: Wells Fargo raises target price to $215 from $205 |
* Merck & Co Inc MRK.N: HSBC raises target price to $150 from $135 |
* Nanoviricides NNVC.A: Noble Capital initiates coverage with outperform rating; PT $6 |
* Newmont NEM.N: Jefferies cuts target price to $146 from $158 |
* NRG Energy Inc NRG.N: Siebert Williams initiates coverage with buy rating |
* NRG Energy Inc NRG.N: Siebert Williams initiates target price $184 |
* OFG Bancorp OFG.N: Wells Fargo raises target price to $49 from $45 |
* Okta Inc OKTA.O: Scotiabank raises to sector outperform rating |
* Old Dominion Freight Line Inc ODFL.O: Morgan Stanley cuts to equal weight from overweight |
* Old Dominion Freight Line Inc ODFL.O: Morgan Stanley raises PT to $245.00 from $235.00 |
* Onsemi ON.O: Goldman Sachs raises target price to $95 from $80 |
* Parabilis Medicines PBLS.O: BofA Global Research initiates coverage with buy rating and price objective $45 |
* Parabilis Medicines PBLS.O: Leerink Partners initiates coverage with outperform rating |
* Parabilis Medicines PBLS.O: Leerink Partners initiates coverage with target price $40 |
* Parabilis Medicines Inc PBLS.O: Evercore ISI initiates coverage with outperform rating |
* Parabilis Medicines Inc PBLS.O: Guggenheim initiates coverage with buy rating; PT $40 |
* Pepsico Inc. PEP.O: Barclays cuts target price to $144 from $158 |
* Pfizer PFE.N: HSBC cuts target price to $28 from $32 |
* Pfizer PFE.N: HSBC cuts to hold from buy |
* Pinnacle Financial Partners Inc PNFP.N: TD Cowen cuts target price to $116 from $121 |
* PNC Financial Services PNC.N: Goldman Sachs raises target price to $267 from $244 |
* PNC Financial Services Group, Inc. PNC.N: Wells Fargo raises PT to $270 from $264 |
* Pool Corp POOL.O: Stifel raises target price to $235 from $210 |
* Popular, Inc. BPOP.O: Wells Fargo raises target price to $180 from $165 |
* Procept Biorobotics Corp PRCT.O: Truist Securities cuts target price to $25 from $30 |
* Procept Biorobotics Corp PRCT.O: Truist Securities cuts to hold from buy |
* Proto Labs Inc PRLB.N: Benchmark raises target price to $91 from $70 |
* Pultegroup, Inc. PHM.N: Wells Fargo raises target price to $150 from $140 |
* Qualcomm QCOM.O: Goldman Sachs raises target price to $180 from $145 |
* Qualys Inc QLYS.O: Scotiabank raises to sector outperform rating |
* Regeneron Pharmaceuticals Inc REGN.O: HSBC cuts target price to $800 from $990 |
* Regions Financial RF.N: D.A. Davidson cuts to neutral from buy; cuts PT to $33 from $35 |
* Regions Financial Corporation RF.N: Wells Fargo raises PT to $30 from $28 |
* Revolution Medicines Inc RVMD.O: Mizuho raises target price to $215 from $185 |
* Royal Gold Inc RGLD.O: Jefferies cuts target price to $311 from $318 |
* Sable Offshore Corp SOC.N: Gerdes Energy Research raises to buy from neutral |
* Sable Offshore Corp SOC.N: Gerdes Energy Research cuts PT by $3 to $8 |
* Sable Offshore Corp SOC.N: Jefferies cuts target price to $11 from $24 |
* Sandisk Corp SNDK.O: Goldman Sachs raises target price to $2200 from $1200 |
* Schneider National Inc SNDR.N: Morgan Stanley raises target price to $45 from $38 |
* Schneider National Inc. SNDR.N: Morgan Stanley raises PT to $45.00 from $38.00 |
* Sentinelone Inc S.N: Scotiabank raises to sector outperform rating |
* Sherwin-Williams Co SHW.N: BMO raises target price to $400 from $355 |
* SM Energy Co SM.N: JP Morgan cuts target price to $36 from $43 |
* Southwest Airlines Co LUV.N: Morgan Stanley raises target price to $65 from $6 |
* Strategic Education Inc STRA.O: BMO raises target price to $91 from $86 |
* Tenable Holdings Inc TENB.O: Scotiabank raises to sector outperform rating |
* Teradyne Inc TER.O: Goldman Sachs raises target price to $465 from $350 |
* T-Mobile TMUS.O: BofA Global Research raises to buy from neutral |
* Travelers TRV.N: Raymond James raises target price to $400 from $350 |
* Truist Financial Corp TFC.N: Morgan Stanley cuts target price to $54 from $62 |
* Truist Financial Corp TFC.N: Morgan Stanley cuts to equal weight from overweight |
* Twist Bioscience Corp TWST.O: Evercore ISI cuts target price to $102 from $66 |
* Twist Bioscience Corp TWST.O: Evercore ISI cuts to in line from outperform |
* U.S. Bancorp USB.N: Wells Fargo raises target price to $66 from $62 |
* Uber Technologies, Inc. UBER.N: Wells Fargo cuts target price to $100 from $102 |
* UMB Financial Corp UMBF.O: TD Cowen raises target price to $161 from $147 |
* UMB Financial Corporation UMBF.O: Wells Fargo raises target price to $139 from $130 |
* United Airlines UAL.O: Morgan Stanley raises target price to $185.00 from $182.00 |
* UnitedHealth UNH.N: HSBC raises target price to $380 from $300 |
* UPS UPS.N: Morgan Stanley raises target price to $76 from $75 |
* US Bancorp USB.N: Jefferies raises to buy from hold; raises PT to $75 from $60 |
* Veracyte Inc VCYT.O: Jefferies raises target price to $70 from $48 |
* Wells Fargo WFC.N: Goldman Sachs raises target price to $101 from $93 |
* Werner Enterprises WERN.O: Morgan Stanley raises target price to $55 from $47 |
* Western Digital Corp WDC.O: Goldman Sachs raises target price to $650 from $400 |
* Westlake Corp WLK.N: BMO cuts target price to $96 from $133 |
* Whitehawk Minerals Corp WHK.N: JP Morgan initiates coverage with neutral rating |
* Whitehawk Minerals Corp WHK.N: JP Morgan initiates target price $28 |
* Whitehawk Minerals Corp WHK.N: Stifel initiates coverage with buy rating; target price $30 |
* Wintrust Financial Corp WTFC.O: TD Cowen raises target price to $184 from $176 |
* XPO Logistics Inc XPO.N: Morgan Stanley raises target price to $115 from $10 |
* Zions Bancorporation ZION.O: Wells Fargo raises target price to $66 from $63 |
* Zions Bancorporation Na ZION.O: TD Cowen raises target price to $71 from $64 |
* Zoetis Inc ZTS.N: HSBC cuts target price to $95 from $140 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
Recent news on UMB Financial
See all newsBrief: UMB Financial Corp - To Redeem All 2.75% Subordinated Notes Due 2031 On Sept 15, 2026 - SEC Filing
U.S. RESEARCH ROUNDUP-Dollar General, Palo Alto, Workday
Lawsuit against Bristol Myers over delayed cancer drug is revived (updated)
Lawsuit against Bristol Myers over delayed cancer drug is revived
UMB Financial Corp reports results for the quarter ended June 30 - Earnings Summary