U.S. RESEARCH ROUNDUP-Agree Realty, Douglas Emmett, Realty Income

Veradigm

03/06/2021 08:26

June 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Agree Realty, Douglas Emmett and Realty Income, on
Thursday. 
    
    HIGHLIGHTS
     * Agree Realty Corp  ADC.N : Mizuho cuts to neutral from buy 
     * Apartment Income REIT Corp  AIRC.N : Mizuho raises to buy from neutral 
     * Avalonbay Communities Inc  AVB.N : Mizuho raises to buy from neutral 
     * Douglas Emmett Inc  DEI.N : Mizuho raises to buy from neutral 
     * Realty Income Corp  O.N : Mizuho raises to buy from neutral 
        
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order. See bottom of the table for sector changes.
    
     * Advance Auto Parts Inc  AAP.N : BofA Global Research ups price objective to $223 from $216 
     * Advance Auto Parts Inc  AAP.N : Citigroup raises price target to $232 from $228 
     * Advance Auto Parts Inc  AAP.N : D.A. Davidson raises target price to $210 from $208 
     * Advance Auto Parts Inc  AAP.N : RBC raises target price to $240 from $227 
     * Agree Realty Corp  ADC.N : Mizuho cuts to neutral from buy 
     * Air Products and Chemicals Inc  APD.N : HSBC cuts target price to $269 from $275 
     * Alexandria Real Estate Equities Inc  ARE.N : Mizuho raises target price to $200 from $185 
     * Allscripts Healthcare Solutions Inc  MDRX.O : Truist Securities raises PT to $19 from $16 
     * Allstate Corp  ALL.N : Citigroup cuts to neutral from buy; raises PT to $142 from $135 
     * Allstate Corp  ALL.N : Piper Sandler raises target price to $150 from $145 
     * Amerant Bancorp  AMTB.O : Stephens initiates coverage with equal-weight rating; PT $25.5 
     * American Assets Trust Inc  AAT.N : Mizuho raises target price to $41 from $31 
     * American Homes 4 Rent  AMH.N : Mizuho raises target price to $42 from $33 
     * American Tower Corp  AMT.N : Morgan Stanley raises target price to $270 from $262 
     * Amerisourcebergen Corp  ABC.N : CFRA raises target price by $3 to $128 
     * Amerisourcebergen Corp  ABC.N : Credit Suisse raises target price to $132 from $127 
     * Apartment Income REIT Corp  AIRC.N : Mizuho raises target price to $53 from $45 
     * Apartment Income REIT Corp  AIRC.N : Mizuho raises to buy from neutral 
     * Aramark  ARMK.N : Berenberg raises target price to $36 from $33 
     * Associated Banc-Corp  ASB.N : Piper Sandler raises target price to $23 from $21.50 
     * Associated Banc-Corp  ASB.N : RBC raises target price to $24 from $22 
     * Atea Pharmaceuticals Inc  AVIR.O : Morgan Stanley cuts target price to $35 from $82 
     * Avalonbay Communities Inc  AVB.N : BTIG raises target price to $251 from $206 
     * Avalonbay Communities Inc  AVB.N : Mizuho raises target price to $231 from $189 
     * Avalonbay Communities Inc  AVB.N : Mizuho raises to buy from neutral 
     * Beigene Ltd  BGNE.O : Morgan Stanley raises target price to $409 from $357 
     * Bolt Biotherapeutics Inc  BOLT.O : SVB Leerink raises target price to $34 from $33 
     * Boston Properties Inc  BXP.N : Mizuho raises target price to $115 from $107 
     * Brandywine Realty Trust  BDN.N : Mizuho raises target price to $14 from $13 
     * Brixmor Property Group Inc  BRX.N : Mizuho raises target price to $24 from $20 
     * Broadstone Net Lease Inc  BNL.N : Morgan Stanley raises target price to $22 from $19 
     * C3Ai Inc  AI.N : Deutsche Bank cuts price target to $63 from $98 
     * C3Ai Inc  AI.N : Morgan Stanley raises target price to $62 from $60 
     * C3Ai Inc  AI.N : Needham cuts target price to $146 from $195 
     * C3Ai Inc  AI.N : Piper Sandler cuts target price to $98 from $141 
     * C3Ai Inc  AI.N : Wedbush cuts target price to $100 from $175 
     * Cable One Inc  CABO.N : Moffettnathanson raises target price to $1,700 from $1,640 
     * Caci International Inc  CACI.N : Jefferies cuts target price to $290 from $295 
     * Camden Property Trust  CPT.N : Mizuho raises target price to $137 from $112 
     * Caretrust REIT Inc  CTRE.O : Mizuho raises target price to $23 from $22 
     * Charter Communications Inc  CHTR.O : Moffettnathanson raises target to $786 from $761 
     * Chatham Lodging Trust  CLDT.N : Stifel raises price target to $15 from $14.5 
     * Chico'S Fas Inc  CHS.N : Telsey Advisory Group raises price target to $5 from $2 
     * Cigna Corp  CI.N : Morgan Stanley raises target price to $321 from $254 
     * Comcast Corp  CMCSA.O : Moffettnathanson cuts target price to $65 from $68 
     * Consolidated Communications Holdings Inc  CNSL.O : Citigroup cuts to sell from neutral
     * Consolidated Communications Holdings Inc  CNSL.O : Citigroup raises PT to $8 from $7.5 
     * Constellation Pharmaceuticals  CNST.O : Cowen and Company cuts to market perform from outperform 
     * Constellation Pharmaceuticals Inc  CNST.O : BMO cuts price target to $34 from $48 
     * Continental Resources Inc  CLR.N : MKM Partners cuts to neutral from buy
     * Continental Resources Inc  CLR.N : MKM Partners raises fair value to $36 from $35 
     * Credicorp Ltd  BAP.N : Credit Suisse cuts target price to $151 from $160
     * Criteo SA  CRTO.O : Stifel raises price target to $47 from $40 
     * Crown Castle International Corp  CCI.N : Morgan Stanley raises target to $204 from $200 
     * CubeSmart  CUBE.N : Jefferies raises target price to $49 from $45 
     * CyrusOne Inc  CONE.O : Mizuho cuts target price to $70 from $72 
     * Descartes Systems Group Inc  DSGX.O : Canaccord Genuity raises target to $74 from $70 
     * Descartes Systems Group Inc  DSGX.O : CIBC raises target price to $68.50 from $63.50 
     * Descartes Systems Group Inc  DSGX.O : Scotiabank raises target price to $69 from $64 
     * Descartes Systems Group Inc  DSGX.O : Stephens raises target price to $74 from $72 
     * Devon Energy Corp  DVN.N : CFRA raises target price by $5 to $35 
     * Digital Realty Trust Inc  DLR.N : Mizuho raises target price to $172 from $163 
     * Donaldson Company Inc  DCI.N : Morgan Stanley raises target price to $75 from $73 
     * Donaldson Company Inc  DCI.N : Stifel raises target price to $67 from $61 
     * Douglas Emmett Inc  DEI.N : Mizuho raises target price to $40 from $32 
     * Douglas Emmett Inc  DEI.N : Mizuho raises to buy from neutral 
     * Duke Realty Corp  DRE.N : Mizuho raises target price to $50 from $49 
     * Eastgroup Properties Inc  EGP.N : Mizuho raises target price to $160 from $150 
     * Elastic NV  ESTC.N : Canaccord Genuity cuts target price to $155 from $175 
     * Elastic NV  ESTC.N : Citigroup raises price target to $175 from $161 
     * Elastic NV  ESTC.N : Jefferies raises target price to $150 from $135 
     * Elastic NV  ESTC.N : RBC raises target price to $194 from $183 
     * Elastic NV  ESTC.N : Rosenblatt Securities raises target price to $180 from $175 
     * Endeavor Group Holdings Inc  EDR.N : Jefferies raises target price to $41 from $40 
     * Endeavor Group Holdings Inc  EDR.N : Morgan Stanley raises target price to $31 from $30 
     * Energizer Holdings Inc  ENR.N : JP Morgan cuts target price to $49 from $55 
     * Equinix Inc  EQIX.O : Mizuho raises target price to $825 from $800 
     * Equity Residential  EQR.N : BTIG raises target price to $85 from $78 
     * Equity Residential  EQR.N : Mizuho cuts to neutral from buy 
     * Equity Residential  EQR.N : Mizuho raises target price to $86 from $79 
     * Essential Properties Realty Trust Inc  EPRT.N : Mizuho raises target to $29 from $28 
     * Essex Property Trust Inc  ESS.N : JP Morgan raises target price to $327 from $287 
     * Essex Property Trust Inc  ESS.N : Mizuho cuts to neutral from buy 
     * Essex Property Trust Inc  ESS.N : Mizuho raises target price to $333 from $305 
     * Extra Space Storage Inc  EXR.N : Jefferies raises target price to $173 from $163 
     * Federal Realty Investment Trust  FRT.N : Mizuho raises target price to $129 from $102 
     * Federal Realty Investment Trust  FRT.N : Mizuho raises to buy from neutral 
     * Fedex Corp  FDX.N : Morgan Stanley raises target price to $265 from $250 
     * Fennec Pharmaceuticals Inc  FENC.O : H.C. Wainwright cuts target price to $14 from $15 
     * FireEye Inc  FEYE.O : Piper Sandler raises target price to $23 from $22 
     * Floor & Decor Holdings Inc  FND.N : Jefferies raises target price to $136 from $133 
     * Goodrx Holdings Inc  GDRX.O : BofA Global Research raises price objective to $43 from $37 
     * Guidewire Software Inc  GWRE.N : BTIG cuts target price to $130 from $140 
     * Guidewire Software Inc  GWRE.N : JP Morgan cuts target price to $140 from $150 
     * Guidewire Software Inc  GWRE.N : Needham cuts target price to $120 from $125 
     * Guidewire Software Inc  GWRE.N : Stifel cuts price target to $110 from $130 
     * Halliburton Co  HAL.N : Susquehanna raises target price to $32 from $29 
     * Healthcare Realty Trust Inc  HR.N : Mizuho raises target price to $32 from $29 
     * Healthcare Trust of America Inc  HTA.N : Mizuho raises target price to $30 from $28 
     * Highwoods Properties Inc  HIW.N : Mizuho cuts to neutral from buy 
     * Highwoods Properties Inc  HIW.N : Mizuho raises target price to $45 from $43 
     * Hilton Worldwide Holdings Inc  HLT.N : Berenberg raises target price to $110 from $100 
     * Hudson Pacific Properties Inc  HPP.N : Mizuho raises target price to $29 from $28 
     * IAC/InterActiveCorp  IAC.O : Citigroup cuts price target to $185 from $189.61 
     * IHS Markit Ltd  INFO.N : Morgan Stanley raises target price to $127 from $123 
     * Ingevity Corp  NGVT.N : BMO raises price target to $112 from $110 
     * Investors Real Estate Trust  CSR.N : BTIG raises to buy from neutral 
     * Invitation Homes Inc  INVH.N : Mizuho raises target price to $41 from $32 
     * IRhythm Technologies Inc  IRTC.O : Morgan Stanley cuts target price to $85 from $94 
     * Kilroy Realty Corp  KRC.N : Mizuho raises target price to $71 from $70 
     * Kimco Realty Corp  KIM.N : Citigroup raises price target to $25 from $22 
     * Kimco Realty Corp  KIM.N : Mizuho raises target price to $24 from $22 
     * Lands End Inc  LE.O : Craig-Hallum raises target price to $50 from $45 
     * Life Storage Inc  LSI.N : Jefferies raises target price to $113 from $101 
     * Limestone Bancorp Inc  LMST.O : Raymond James raises price target to $19 from $18 
     * Linde Plc  LIN.N : HSBC raises target price to $333 from $272 
     * Live Nation Entertainment Inc  LYV.N : Guggenheim raises price target to $105 from $96 
     * LTC Properties Inc  LTC.N : Mizuho cuts target price to $35 from $38 
     * LTC Properties Inc  LTC.N : Mizuho cuts to underperform from neutral 
     * Macerich Co  MAC.N : Compass Point raises target price to $22 
     * Macerich Co  MAC.N : Mizuho raises target price to $18 from $12.5 
     * Marketaxess Holdings Inc  MKTX.O : Compass Point cuts target price to $475 from $525 
     * Marketaxess Holdings Inc  MKTX.O : Piper Sandler cuts target price to $483 from $513 
     * Medallia Inc  MDLA.N : BTIG cuts target price to $42 from $49 
     * Medical Properties Trust Inc  MPW.N : Deutsche Bank raises price target to $27 from $25 
     * Medical Properties Trust Inc  MPW.N : Mizuho cuts target price to $23 from $24 
     * Merck & Co Inc  MRK.N : SVB Leerink cuts target price to $99 from $102 
     * Mid-America Apartment Communities Inc  MAA.N : Mizuho raises target to $175 from $143 
     * Molina Healthcare Inc  MOH.N : Morgan Stanley raises target price to $297 from $244 
     * National Health Investors Inc  NHI.N : Mizuho raises target price to $56 from $55 
     * National Retail Properties Inc  NNN.N : Morgan Stanley raises target price to $55 from $53 
     * National Storage Affiliates Trust  NSA.N : Jefferies raises target price to $52 from $47 
     * Ncino Inc  NCNO.O : Needham cuts target price to $80 from $85 
     * NetApp Inc  NTAP.O : BofA Global Research raises price objective to $90 from $85 
     * NetApp Inc  NTAP.O : Cowen and Company raises target price to $76 from $68 
     * NetApp Inc  NTAP.O : Credit Suisse raises target price to $90 from $80 
     * NetApp Inc  NTAP.O : Deutsche Bank raises price target to $77 from $64 
     * NetApp Inc  NTAP.O : Evercore ISI raises price target to $81 from $75 
     * NetApp Inc  NTAP.O : JP Morgan establishes Dec 22 PT of $87 vs Dec 21 PT of $65 
     * NetApp Inc  NTAP.O : Morgan Stanley raises target price to $94 from $92 
     * NetApp Inc  NTAP.O : Stifel raises price target to $80 from $78 
     * NetApp Inc  NTAP.O : Wedbush raises price target to $76 from $70 
     * Nexa Resources SA  NEXA.N : Citigroup raises price target to $12 from $11 
     * Nlight Inc  LASR.O : Berenberg cuts target price to $33 from $42 
     * Office Properties Income Trust  OPI.O : Mizuho raises target price to $27 from $26 
     * Omega Healthcare Investors Inc  OHI.N : Mizuho raises target price to $39 from $36 
     * Oric Pharmaceuticals Inc  ORIC.O : Jefferies cuts target price to $34 from $41 
     * Pagseguro Digital Ltd  PAGS.N : Evercore ISI raises price target to $80 from $76 
     * Pagseguro Digital Ltd  PAGS.N : Guggenheim raises price target to $75 from $66 
     * Pagseguro Digital Ltd  PAGS.N : Susquehanna raises target price to $65 from $60 
     * Progenity Inc  PROG.O : Piper Sandler cuts target price to $3 from $8 
     * Progenity Inc  PROG.O : Raymond James cuts to market perform from outperform 
     * Public Storage  PSA.N : Jefferies raises target price to $284 from $260 
     * PVH Corp  PVH.N : BMO raises price target to $100 from $95 
     * PVH Corp  PVH.N : Guggenheim raises price target to $125 from $120 
     * PVH Corp  PVH.N : JP Morgan raises target price to $109 from $102 
     * PVH Corp  PVH.N : Piper Sandler raises target price to $128 from $109 
     * QTS Realty Trust Inc  QTS.N : Mizuho raises target price to $72 from $67 
     * R1 Rcm Inc  RCM.O : Baird initiates with outperform rating and $30 price target 
     * Raytheon Technologies Corp  RTX.N : Jefferies raises target price to $105 from $95 
     * Realty Income Corp  O.N : Mizuho raises target price to $77 from $73 
     * Realty Income Corp  O.N : Mizuho raises to buy from neutral 
     * Realty Income Corp  O.N : Morgan Stanley raises target price to $81 from $74 
     * Root Inc  ROOT.O : Truist Securities cuts target price to $18 from $24 
     * S&P Global Inc  SPGI.N : Morgan Stanley raises target price to $446 from $435 
     * SBA Communications Corp  SBAC.O : Morgan Stanley raises target price to $337 from $321 
     * SBA Communications Corp  SBAC.O : Morgan Stanley raises to overweight from equal-weight 
     * Schlumberger NV  SLB.N : Atb Capital Markets raises target price to $40 from $33 
     * Schlumberger NV  SLB.N : Susquehanna raises target price to $41 from $36 
     * Scorpio Tankers Inc  STNG.N : BofA Global Research raises price objective to $27 from $25 
     * Scotts Miracle-Gro Co  SMG.N : CFRA cuts target price by $38 to $234 
     * Scynexis Inc  SCYX.O : Guggenheim raises price target to $25 from $23 
     * Semtech Corp  SMTC.O : Stifel raises price target to $96 from $94 
     * Semtech Corp  SMTC.O : Susquehanna cuts target price to $71 from $78 
     * Shell  RDSb.N : MKM Partners cuts target price to $63 from $66 
     * Site Centers Corp  SITC.N : Mizuho raises target price to $16 from $15 
     * Smartsheet Inc  SMAR.N : BMO cuts price target to $78 from $83 
     * Smartsheet Inc  SMAR.N : Citigroup raises price target to $77 from $76 
     * Smartsheet Inc  SMAR.N : Jefferies raises target price to $65 from $60 
     * Southwestern Energy Co  SWN.N : MKM Partners raises target price to $7 from $6 
     * Southwestern Energy Co  SWN.N : Susquehanna raises target price to $5.50 from $4.50 
     * Spire Inc  SR.N : JP Morgan cuts target price to $80 from $82 
     * Spirit Realty Capital Inc  SRC.N : Mizuho raises target price to $50 from $45 
     * Spirit Realty Capital Inc  SRC.N : Morgan Stanley raises target price to $49 from $45 
     * Splunk Inc  SPLK.O : Baird cuts target price to $150 from $200 
     * Splunk Inc  SPLK.O : Barclays cuts target price to $170 from $206 
     * Splunk Inc  SPLK.O : Berenberg cuts price target to $175 from $196 
     * Splunk Inc  SPLK.O : BMO cuts price target to $144 from $150 
     * Splunk Inc  SPLK.O : D.A. Davidson cuts target price to $150 from $156 
     * Splunk Inc  SPLK.O : JP Morgan cuts target price to $150 from $165 
     * Splunk Inc  SPLK.O : Morgan Stanley cuts target price to $150 from $160 
     * Splunk Inc  SPLK.O : Needham cuts price target to $198 from $265 
     * Splunk Inc  SPLK.O : Piper Sandler cuts target price to $175 from $200 
     * Splunk Inc  SPLK.O : Raymond James cuts target price to $150 from $195 
     * Splunk Inc  SPLK.O : Stifel cuts price target to $140 from $160 
     * Sportsmans Warehouse Holdings Inc  SPWH.O : Piper Sandler cuts to neutral from overweight 
     * Store Capital Corp  STOR.N : Morgan Stanley raises target price to $37 from $36 
     * Synovus Financial Corp  SNV.N : Piper Sandler raises target price to $59 from $54.50 
     * Tabula Rasa Healthcare Inc  TRHC.O : Truist Securities raises target to $47 from $42 
     * Take-Two Interactive Software Inc  TTWO.O : Jefferies raises target to $231 from $185 
     * Take-Two Interactive Software Inc  TTWO.O : Jefferies raises to buy from hold
     * UDR Inc  UDR.N : Mizuho raises target price to $54 from $49 
     * United Rentals Inc  URI.N : Stifel raises price target to $400 from $375 
     * Ventas Inc  VTR.N : Deutsche Bank raises price target to $61 from $50 
     * Vereit Inc  VER.N : Morgan Stanley raises target price to $48 from $41 
     * Vimeo Inc  VMEO.O : Piper Sandler initiates coverage with overweight rating; PT $52 
     * Vistra Corp  VST.N : Credit Suisse cuts price target to $23 from $26 
     * Webster Financial Corp  WBS.N : Raymond James raises price target to $64 from $59 
     * Welltower Inc  WELL.N : Deutsche Bank raises price target to $80 from $76 
     * Welltower Inc  WELL.N : Mizuho cuts target price to $68 from $70 
     * Wideopenwest Inc  WOW.N : Benchmark initiates coverage with buy rating and $25 PT 
     * Zoom Video Communications Inc  ZM.O : Guggenheim cuts price target to $390 from $450 
 
Sector change:
     * Mizuho downgrades Healthcare sector to underweight from equal-weight
     * Mizuho downgrades Industrial sector to equal-weight from overweight
     * Mizuho upgrades Malls sector to equal-weight from underweight
     * Mizuho upgrades Office sector to neutral from underweight
     * Mizuho upgrades Triple Net sector to overweight from equal-weight
               

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