U.S. RESEARCH ROUNDUP-Ciena, Quest Diagnostics, Yirendai

Yiren Digital

25/06/2018 08:33

June 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Ciena, Quest Diagnostics and Yirendai, on Monday. 
    
    HIGHLIGHTS
     * Ciena Corp  CIEN.N : Morgan Stanley raises to overweight from equal-weight
     * Quest Diagnostics Inc  DGX.N : Barclays raises to overweight from equal weight
     * Yirendai Ltd  YRD.N : Morgan Stanley cuts to equal-weight from overweight
        
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 

     * Ansys Inc  ANSS.O : Baird raises target price to $197 from $165
     * Array Biopharma Inc  ARRY.O : SunTrust Robinson raises target price to $25 from $19
     * Blackberry Ltd  BB.N : CIBC cuts price target to $13 from $14
     * Brown-Forman Corp  BFb.N : Deutsche Bank cuts target price to $52 from $56
     * Chipotle Mexican Grill Inc  CMG.N : Barclays raises target price to $345 from $320
     * Ciena Corp  CIEN.N : Morgan Stanley raises target price to $30 from $29
     * Ciena Corp  CIEN.N : Morgan Stanley raises to overweight from equal-weight
     * Cyberark Software Ltd  CYBR.O : Morgan Stanley raises target price to $65 from $56
     * Gap Inc  GPS.N : Jefferies raises target price to $50 from $45
     * Natera Inc  NTRA.O : Morgan Stanley raises target price to $20 from $16
     * Qorvo Inc  QRVO.O : Cowen and Company raises price target to $80 from $75
     * Quest Diagnostics Inc  DGX.N : Barclays raises price target to $130 from $120
     * Quest Diagnostics Inc  DGX.N : Barclays raises to overweight from equal weight
     * Sailpoint Technologies Holdings  SAIL.N : Morgan Stanley raises target to $26 from $24
     * Symantec Corp  SYMC.O : Morgan Stanley cuts target price to $23 from $26
     * Tactile Systems Technology  TCMD.O : Canaccord Genuity ups target price to $60 from $56
     * Varonis Systems Inc  VRNS.O : Morgan Stanley raises target price to $73 from $63
     * Wayfair Inc  W.N : Canaccord Genuity raises target price to $135 from $95
     * Yirendai Ltd  YRD.N : Morgan Stanley cuts price target to $23.60 from $43
     * Yirendai Ltd  YRD.N : Morgan Stanley cuts to equal-weight from overweight
 

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