U.S. RESEARCH ROUNDUP-Adobe, Par Technology, Toast

United Natural Foods

16/06/2023 07:50

June 16 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Adobe, Par Technology and Toast, on Friday.
    
    HIGHLIGHTS
                 * Adobe Inc  ADBE.O : D.A. Davidson raises target price to $500 from $350 
 
                 * Par Technology Corp  PAR.N : BTIG assumes coverage with neutral rating 
 
                 * Toast Inc  TOST.N : BTIG initiates coverage with neutral 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 : D.A. Davidson raises target price to $500 from $350 
 
                 * Adobe Inc  ADBE.O : RBC raises target price to $555 from $460 
 
                 * American Homes 4 Rent  AMH.N : Jefferies raises target price to $35 from $32 
 
                 * Arthur J. Gallagher & Co.  AJG.N : Evercore ISI raises target price to $233 from $231 
 
                 * Arthur J. Gallagher & Co.  AJG.N : Jefferies raises target price to $245 from $238 
 
                 * Arthur J. Gallagher & Co.  AJG.N : RBC raises target price to $240 from $230 
 
                 * Aveanna Healthcare Holdings Inc  AVAH.O : Stephens raises target price to $1.50 from $1.25 
 
                 * Bruker Corp  BRKR.O : JP Morgan raises target price to $80 from $75 
 
                 * Cabot Corp  CBT.N : JP Morgan cuts target price to $68 from $80 
 
                 * Cousins Properties Inc  CUZ.N : JP Morgan cuts target price to $28 from $29 
 
                 * CTO Realty Growth Inc  CTO.N : Raymond James cuts target price to $21 from $22 
 
                 * Darden Restaurants Inc  DRI.N : RBC raises target price to $185 from $165 
 
                 * Federal Realty Investment Trust  FRT.N : Raymond James cuts target price to $115 from $120 
 
                 * Inuvo Inc  INUV.A : Alliance Global Partners cuts target price to $0.50 from $1 
 
                 * Invitation Homes Inc  INVH.N : Jefferies raises target price to $34 from $31 
 
                 * Kite Realty Group Trust  KRG.N : Raymond James cuts target price to $25 from $26 
 
                 * Kroger Co  KR.N : Jefferies cuts target price to $51 from $52 
 
                 * Lennar Corp  LEN.N : BTIG raises target price to $148 from $120 
 
                 * Lennar Corp  LEN.N : Evercore ISI raises target price to $161 from $153 
 
                 * Mersana Therapeutics Inc  MRSN.O : Baird cuts target price to $7 from $20 
 
                 * Mersana Therapeutics Inc  MRSN.O : BTIG cuts target price to $10 from $16 
 
                 * Par Technology Corp  PAR.N : BTIG assumes coverage with neutral rating 
 
                 * Patterson-UTI Energy Inc  PTEN.O : RBC raises target price to $19 from $18 
 
                 * Progressive Corp  PGR.N : Jefferies cuts target price to $157 from $159 
 
                 * SpartanNash Co  SPTN.O : Jefferies cuts target price to $24 from $28 
 
                 * Toast Inc  TOST.N : BTIG initiates coverage with neutral rating 
 
                 * United Natural Foods Inc  UNFI.N : Jefferies cuts target price to $23 from $28 
 
                 * Zscaler Inc  ZS.O : Wells Fargo raises target price to $200 from $175 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))