U.S. RESEARCH ROUNDUP-Adobe, Oracle, Visa

Vulcan Materials Co

12/12/2023 06:49

Dec 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on
several U.S.-listed companies, including Adobe, Oracle and Visa on Tuesday. 
    
  HIGHLIGHTS        
    
     * Adobe Inc  ADBE.O : JP Morgan raises target price to $600 from $530
     * Costco Wholesale Corp  COST.O : Evercore ISI raises target price to $650 from $640
     * Martin Marietta Materials Inc  MLM.N : JP Morgan raises to overweight from neutral
     * Oracle Corp  ORCL.N : Barclays cuts target price to $140 from $147
     * Visa Inc  V.N : Jefferies raises target price to $295 from $280
                
Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order.         
    
     * Adobe Inc  ADBE.O : JP Morgan raises target price to $600 from $530
     * Adobe Inc  ADBE.O : TD Cowen raises target price to $665 from $625
     * Alexandria Real Estate Equities Inc  ARE.N : Baird cuts target price to $137 from $140
     * Bloom Energy Corp  BE.N : JP Morgan cuts target price to $19 from $20
     * Blueprint Medicines Corp  BPMC.O : Wedbush raises target price to $100 from $80
     * Caseys General Stores Inc  CASY.O : RBC raises target price to $296 from $291
     * Cogent Biosciences Inc  COGT.O : Wedbush cuts target price to $5 from $20
     * Cogent Biosciences Inc  COGT.O : Wedbush cuts to neutral from outperform
     * Costco Wholesale Corp  COST.O : Evercore ISI raises target price to $650 from $640
     * Eagle Materials Inc  EXP.N : JP Morgan raises to neutral from underweight
     * Editas Medicine Inc  EDIT.O : Truist Securities raises target price to $20 from $15
     * Elme Communities  ELME.N : Truist Securities cuts target price to $15 from $17
     * First Busey Corp  BUSE.O : Raymond James raises target price to $27 from $24
     * Hancock Whitney Corp  HWC.O : D.A. Davidson raises target price by $7.5 to $51
     * Henry Schein Inc  HSIC.O : JP Morgan raises target price to $82 from $71
     * Henry Schein Inc  HSIC.O : JP Morgan raises to overweight from neutral
     * Keros Therapeutics Inc  KROS.O : BTIG cuts target price to $80 from $105
     * Legend Biotech Corp  LEGN.O : Piper Sandler raises target price to $90 from $84
     * Martin Marietta Materials Inc  MLM.N : JP Morgan raises target price to $530 from $490
     * Martin Marietta Materials Inc  MLM.N : JP Morgan raises to overweight from neutral
     * Nucor Corp  NUE.N : JP Morgan raises target price to $158 from $151
     * Oracle Corp  ORCL.N : Barclays cuts target price to $140 from $147
     * Oracle Corp  ORCL.N : Piper Sandler cuts target price to $125 from $130
     * Oric Pharmaceuticals Inc  ORIC.O : Wedbush cuts target price to $12 from $14
     * Phreesia Inc  PHR.N : Piper Sandler cuts target price to $29 from $40
     * RingCentral Inc  RNG.N : Jefferies cuts target price to $35 from $40
     * RingCentral Inc  RNG.N : Jefferies cuts to hold from buy
     * Sempra  SRE.N : JP Morgan raises target price to $86 from $78
     * Sempra  SRE.N : JP Morgan raises to overweight from neutral
     * Skyward Specialty Insurance Group  SKWD.O : Jefferies initiates with buy rating; PT $40
     * Steel Dynamics Inc  STLD.O : JP Morgan raises target price to $98 from $95
     * TPI Composites Inc  TPIC.O : JP Morgan cuts target price to $7 from $8
     * Uranium Energy Corp  UEC.A : TD Securities raises target price to $8.5 from $7
     * Visa Inc  V.N : Jefferies raises target price to $295 from $280
     * Vulcan Materials Co  VMC.N : JP Morgan raises target price to $245 from $240
     * Vulcan Materials Co  VMC.N : JP Morgan raises to overweight from neutral
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))