U.S. RESEARCH ROUNDUP-Amgen, Analog Devices, Moderna

Workday

20/08/2026 08:47

Aug 20 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Amgen, Analog Devices and Moderna, on Thursday. 

HIGHLIGHTS
* Amgen Inc AMGN.O: Piper Sandler raises target price to $457 from $427
* Analog Devices, Inc. ADI.O: JP Morgan raises target price to $500 from $450
* Crowdstrike CRWD.O: JP Morgan raises target price to $235 from $200
* Moderna MRNA.O: BofA Global Research raises to neutral from underperform
* Target Corp TGT.N: D.A. Davidson raises target price to $185 from $170
          
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday. Stock entries are in alphabetical order. 

* Abbvie ABBV.N: Piper Sandler raises target price to $303 from $298
* Alight Inc ALIT.N: Citigroup cuts target price to $16 from $20
* Allstate Corp ALL.N: KBW cuts target price to $250 from $255
* Allstate Corp ALL.N: KBW cuts to underperform from market perform
* Alpha Metallurgical Resources, Inc. AMR.N: B. Riley cuts target price to $185 from $189
* Alphabet Inc. GOOGL.O: Rosenblatt Securities assumes coverage with buy rating; PT $410
* Amazon AMZN.O: Rosenblatt Securities assumes coverage with buy rating; PT $335
* Amgen Inc AMGN.O: Piper Sandler raises target price to $457 from $427
* Analog Devices, Inc. ADI.O: JP Morgan raises target price to $500 from $450
* Analog Devices, Inc. ADI.O: Needham raises target price to $450 from $440
* Analog Devices, Inc. ADI.O: Seaport Research Partners raises to buy from neutral
* Apa Corporation APA.O: Citigroup raises target price to $44 from $38
* Apa Corporation APA.O: RBC raises target price to $47 from $45
* Autodesk, Inc. ADSK.O: Citigroup raises target price to $269 from $252
* Bill Holdings, Inc. BILL.N: BMO raises target price to $55 from $46
* Bill Holdings, Inc. BILL.N: Jefferies raises target price to $56 from $50
* Bill Holdings, Inc. BILL.N: UBS raises target price to $60 from $55
* Cactus, Inc. WHD.N: Citigroup cuts to neutral from buy; raises target to $75 from $67
* California Resources Corporation CRC.N: RBC cuts target price to $77 from $87
* Campbell'S Co CPB.O: UBS raises target price to $18 from $17
* Capital One Financial COF.N: Deutsche Bank cuts target price to $245 from $250
* Chewy Inc CHWY.N: Rosenblatt Securities initiates coverage with neutral rating; PT $25
* Chord Energy Corporation CHRD.O: RBC cuts target price to $175 from $180
* Cingulate Inc CING.O: Ascendiant Capital Markets cuts target price to $44 from $52
* Coty Inc COTY.N: RBC cuts to sector perform from outperform; cuts target to $3 from $8
* Crowdstrike CRWD.O: JP Morgan raises target price to $235 from $200
* Devon Energy Corporation DVN.N: RBC cuts target price to $58 from $59
* Doordash DASH.O: Wedbush raises target price to $220 from $205
* Duolingo, Inc. DUOL.O: Wedbush raises target price to $150 from $139
* eBay EBAY.O: Rosenblatt Securities initiates coverage with buy rating; PT $120
* eBay EBAY.O: Wedbush raises target price to $137 from $135
* Energy Vault Holdings, Inc. NRGV.N: Citigroup raises target price to $6 from $5
* EPR Properties EPR.N: Keybanc raises to overweight from sector weight
* EQT Corporation EQT.N: RBC cuts target price to $63 from $69
* Equipmentshare.Com Inc EQPT.O: UBS cuts target price to $22 from $24
* Estée Lauder EL.N: B. Riley raises target price to $100 from $85
* Estée Lauder EL.N: Canaccord Genuity raises target price to $90 from $85
* Estée Lauder EL.N: Citigroup raises target price to $115 from $110
* Estee Lauder EL.N: Deutsche Bank raises target price to $117 from $108
* Estée Lauder EL.N: Jefferies raises target price to $100 from $88
* Estée Lauder EL.N: JP Morgan raises target price to $112 from $94
* Estée Lauder EL.N: Piper Sandler raises target price to $115 from $95
* Estée Lauder EL.N: Raymond James raises target price to $115 from $110
* Estée Lauder EL.N: RBC raises target price to $120 from $111
* Estée Lauder EL.N: TD Cowen raises target price to $100 from $90
* Estée Lauder EL.N: Telsey Advisory Group raises target price to $108 from $90
* Estee Lauder Companies Inc EL.N: UBS raises target price to $106 from $86
* Etsy, Inc. ETSY.N: Rosenblatt Securities initiates coverage with buy rating; PT $95
* Everpure Inc P.N: Oppenheimer raises target price to $140 from $100
* Expand Energy Corporation EXE.O: RBC cuts target price to $131 from $145
* Expedia Group, Inc. EXPE.O: Wedbush raises target price to $417 from $334
* Fiserv Inc FISV.O: Truist Securities raises target price to $53 from $52
    * Fluence Energy Inc FLNC.O: Exane BNP Paribas cuts target price to $8 from $12
* Fluence Energy Inc FLNC.O: GLJ Research cuts target price to $12.89 from $26
* Fluence Energy Inc FLNC.O: GLJ Research cuts to hold from buy
* Freenome, Inc. FRNM.O: Guggenheim initiates coverage with buy rating; price target $21
    * GE Vernova Inc GEV.N: Exane BNP Paribas cuts target price to $1090 from $1190
* Gitlab Inc. GTLB.O: Truist Securities raises target price to $40 from $30
* Glaukos Corporation GKOS.N: BTIG raises target price to $202 from $193
* Ha Sustainable Infrastructure Capital HASI.N: Exane BNP Paribas cuts PT to $52 from $57
* HCA Healthcare, Inc HCA.N: JP Morgan cuts target price to $425 from $490
* Huntsman HUN.N: Deutsche Bank cuts target price to $11 from $15
* Incyte INCY.O: Canaccord Genuity initiates coverage with buy rating; price target $152
* Infinity Natural Resources Inc INR.N: RBC cuts target price to $22 from $27
* Iovance Biotherapeutics Inc IOVA.O: UBS raises target price to $7 from $4
* Jack Henry & Associates Inc JKHY.O: UBS raises target price to $170 from $165
* Kimbell Royalty Partners, LP KRP.N: RBC cuts target price to $19 from $20
* Lensar Inc LNSR.O: BTIG raises target price to $10 from $9
* Lifeway Foods Inc LWAY.O: BTIG initiates coverage with buy rating; price target $32
* Lowe's Companies Inc LOW.N: Citigroup cuts target price to $260 from $267
* Lowe's Companies Inc LOW.N: Exane BNP Paribas cuts target price to $191 from $202
* Lowe's Companies Inc LOW.N: Jefferies cuts target price to $260 from $268
* Lowe's Companies Inc LOW.N: Mizuho cuts target price to $250 from $280
* Lowe's Companies Inc LOW.N: Piper Sandler cuts target price to $265 from $274
* Lowe's Companies Inc LOW.N: Telsey Advisory Group cuts target price to $260 from $280
* Lowe's Companies Inc LOW.N: Truist Securities cuts target price to $254 from $255
* Lowe's Companies Inc LOW.N: UBS cuts target price to $275 from $285
* Madison Square Garden Entertainment MSGE.N: Piper Sandler initiates with neutral rating
* Madison Square Garden Entertainment MSGE.N: Piper Sandler initiates with PT $86
* Marriott International, Inc. MAR.O: UBS cuts target price to $395 from $412
* Marvell Technology, Inc. MRVL.O: Melius Research raises target price to $325 from $250
* Marvell Technology, Inc. MRVL.O: UBS raises target price to $310 from $300
* Matador Resources Company MTDR.N: RBC cuts target price to $69 from $77
* Merck & Co Inc MRK.N: BMO raises target price to $170 from $142
* Merck & Co Inc MRK.N: Jefferies raises target price to $175 from $152
* Merck & Co Inc MRK.N: Morgan Stanley raises target price to $179 from $116
* Merck & Co Inc MRK.N: Morgan Stanley raises to overweight from equal-weight
* Merck & Co Inc MRK.N: RBC cuts to sector perform from outperform
* Merck & Co Inc MRK.N: RBC raises target price to $150 from $142
* Merck & Co Inc MRK.N: UBS raises target price to $175 from $145
* Mercury Systems Inc MRCY.O: Truist Securities raises target price to $120 from $109
* Moderna MRNA.O: BofA Global Research raises price objective to $170 from $40
* Moderna MRNA.O: BofA Global Research raises to neutral from underperform
* Moderna MRNA.O: Jefferies raises target price to $150 from $60
* Moderna MRNA.O: Morgan Stanley raises target price to $89 from $39
* Moderna MRNA.O: Piper Sandler raises target price to $167 from $77
* Moderna Inc MRNA.O: UBS raises target price to $150 from $50
* Moelis MC.N: Deutsche Bank raises target price to $75 from $70
* Mongodb, Inc. MDB.O: BMO raises target price to $500 from $375
* Mongodb, Inc. MDB.O: Truist Securities raises target price to $475 from $400
* Niq Global Intelligence Plc NIQ.N: Needham raises target price to $21 from $18
* Northern Oil and Gas, Inc. NOG.N: RBC cuts target price to $30 from $35
* Nutanix, Inc. NTNX.O: Oppenheimer raises target price to $80 from $65
* Okta, Inc. OKTA.O: BMO raises target price to $168 from $120
* Okta, Inc. OKTA.O: Truist Securities raises target price to $165 from $120
* Orthopediatrics Corp KIDS.O: BTIG raises target price to $29 from $24
* Pagerduty, Inc. PD.N: Truist Securities raises target price to $13 from $11
* Palo Alto Networks, Inc. PANW.O: BMO raises target price to $415 from $335
* Paylocity Holding Corp PCTY.O: TD Cowen raises target price to $177 from $168
* PayPal PYPL.O: Truist Securities raises target price to $62 from $59
* Progressive Corp PGR.N: KBW raises target price to $250 from $226
* Progressive Corp PGR.N: KBW raises to outperform from market perform
* Range Resources Corporation RRC.N: RBC cuts target price to $48 from $50
* Relay Therapeutics, Inc. RLAY.O: H.C. Wainwright raises target price to $29 from $28
* Rubrik, Inc. RBRK.N: Oppenheimer raises target price to $120 from $90
* Sailpoint, Inc. SAIL.O: Truist Securities raises target price to $23 from $18
* Salesforce, Inc. CRM.N: BMO raises target price to $230 from $215
* Sitime Corporation SITM.O: Benchmark initiates coverage with buy rating; PT $850
* Snowflake SNOW.N: Deutsche Bank raises target price to $350 from $300
* Snowflake Inc. SNOW.N: TD Cowen raises target price to $370 from $300
* Snowflake Inc. SNOW.N: Truist Securities raises target price to $375 from $300
* Sphere Entertainment Co SPHR.N: Piper Sandler initiates coverage with overweight rating
* Sphere Entertainment Co SPHR.N: Piper Sandler initiates coverage with target price $185
* Sunrun Inc RUN.O: Exane BNP Paribas cuts target price to $19 from $24
* Target TGT.N: Deutsche Bank raises target price to $150 from $140
* Target Corp TGT.N: BMO raises target price to $160 from $150
* Target Corp TGT.N: Citigroup raises target price to $160 from $148
* Target Corp TGT.N: D.A. Davidson raises target price to $185 from $170
* Target Corp TGT.N: Jefferies raises target price to $185 from $177
* Target Corp TGT.N: Mizuho raises target price to $150 from $122
* Target Corp TGT.N: Piper Sandler raises target price to $153 from $146
* Target Corp TGT.N: RBC raises target price to $178 from $166
* Target Corp TGT.N: Roth MKM raises target price to $142 from $114
* Target Corp TGT.N: TD Cowen raises target price to $160 from $155
* Target Corp TGT.N: Telsey Advisory Group raises target price to $182 from $170
* Target Corp TGT.N: Truist Securities raises target price to $167 from $147
* Target Corp TGT.N: UBS raises target price to $185 from $166
* Target Hospitality Corp. TH.O: Deutsche Bank raises to buy from hold
* the J. M. Smucker Company SJM.N: UBS raises target price to $142 from $130
* The TJX Companies, Inc. TJX.N: Barclays cuts target price to $188 from $190
* The TJX Companies, Inc. TJX.N: Citigroup cuts target price to $154 from $182
* The TJX Companies, Inc. TJX.N: Citigroup cuts to neutral from buy
* The TJX Companies, Inc. TJX.N: Jefferies cuts target price to $180 from $185
* The TJX Companies, Inc. TJX.N: JP Morgan raises target price to $171 from $168
* The TJX Companies, Inc. TJX.N: UBS raises target price to $198 from $197
* Toll Brothers Inc TOL.N: Truist Securities raises target price to $170 from $165
* Toll Brothers Inc TOL.N: UBS raises target price to $195 from $187
* Trupanion, Inc. TRUP.O: Stifel raises target price to $29 from $28
* Ultragenyx Pharmaceutical Inc. RARE.O: Citigroup raises target price to $58 from $45
* Unicycive Therapeutics Inc UNCY.O: Benchmark raises target price to $15 from $13
* Valvoline Inc VVV.N: Benchmark initiates coverage with buy rating; target price $48
* Viper Energy Inc VNOM.O: RBC cuts target price to $55 from $58
* Wayfair Inc. W.N: Rosenblatt Securities initiates coverage with buy rating; PT $125
* Wolfspeed Inc WOLF.N: TD Cowen reinstates coverage with hold rating; target price $25
* Workday, Inc. WDAY.O: TD Cowen raises target price to $220 from $155
* Xometry, Inc. XMTR.O: Rosenblatt Securities initiates coverage with buy rating; PT $110
* York Space Systems Inc YSS.N: Truist Securities cuts target price to $14 from $26
* Zoetis Inc ZTS.N: Stifel cuts target price to $80 from $85
* Zoom Communications, Inc. ZM.O: UBS raises target price to $115 from $105


 (Compiled by Bengaluru Newsroom)
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