March 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Alnylam Pharmaceuticals, Cogent Biosciences and Summit Therapeutics on Monday.
HIGHLIGHTS
* Adobe Inc ADBE.O: Argus Research cuts to hold from buy |
* Alnylam Pharmaceuticals Inc ALNY.O: Jefferies assumes coverage with hold vs buy rating |
* Cogent Biosciences Inc COGT.O: Jefferies assumes coverage with buy rating |
* Qualcomm QCOM.O: Seaport Research Partners cuts to sell from neutral |
* Summit Therapeutics Inc SMMT.O: Jefferies cuts to hold from buy |
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock entries are in alphabetical order.
* Abivax SA ABVX.O: Jefferies initiates coverage with buy rating; price target $160 |
* Adobe Inc ADBE.O: Argus Research cuts to hold from buy |
* Adobe Inc ADBE.O: Citigroup cuts target price to $278 from $315 |
* Alamo Group Inc ALG.N: William Blair initiates coverage with outperform rating |
* Alaska Air Group Inc ALK.N: UBS cuts target price to $60 from $77 |
* Alcoa Corp AA.N: Citigroup raises target price to $76 from $54 |
* Allegiant Travel Co ALGT.O: UBS cuts target price to $90 from $102 |
* Alnylam Pharmaceuticals Inc ALNY.O: Jefferies assumes coverage with hold vs buy rating |
* Alnylam Pharmaceuticals Inc ALNY.O: Jefferies assumes coverage with PT $330 vs $522 |
* American Airlines Group Inc AAL.O: UBS cuts target price to $15 from $21 |
* American Airlines Group Inc AAL.O: Wells Fargo cuts target price to $12 from $17 |
* American Express Co AXP.N: BTIG cuts target price to $285 from $328 |
* American Public Education Inc APEI.O: Truist Securities raises PT to $55 from $38 |
* Antero Resources AR.N: Barclays raises target price to $43 from $41 |
* APA Corporation APA.O: Barclays raises target price to $28 from $24 |
* Archrock Inc AROC.N: RBC raises target price to $40 from $32 |
* Bellring Brands Inc BRBR.N: Jefferies cuts target price to $28 from $38 |
* Brunswick Corp BC.N: JP Morgan raises target price to $78 from $73 |
* Buckle Inc BKE.N: UBS cuts target price to $53 from $55 |
* Builders Firstsource Inc BLDR.N: Stifel cuts target price to $93 from $115 |
* CACI International Inc CACI.N: Jefferies raises target price to $690 from $670 |
* Cadre Holdings Inc CDRE.N: Jefferies cuts target price to $45 from $55 |
* California Resources Corp CRC.N: BofA Global Research raises PT to $76 from $65 |
* California Resources Corp CRC.N: Barclays raises target price to $72 from $67 |
* Chargepoint Holdings Inc CHPT.N: UBS cuts target price to $7 from $9 |
* Chevron Corp CVX.N: Jefferies raises target price to $227 from $189 |
* Chevron Corporation CVX.N: Barclays raises target price to $180 from $172 |
* Chord Energy Corp CHRD.O: BofA Global Research raises price objective to $140 from $118 |
* Chord Energy Corporation CHRD.O: Wells Fargo raises target price to $136 from $109 |
* CNX Resources Corp CNX.N: Barclays raises target price to $36 from $35 |
* Coca-Cola Co KO.N: Jefferies raises target price to $90 from $87 |
* Cogent Biosciences Inc COGT.O: Jefferies assumes coverage with buy rating |
* Cogent Biosciences Inc COGT.O: Jefferies assumes coverage with price target $55 vs $48 |
* Cognex Corp CGNX.O: Barclays raises target price to $64 from $61 |
* Conocophillips COP.N: Barclays raises target price to $128 from $118 |
* Conocophillips COP.N: BofA Global Research raises price objective to $120 from $102 |
* Coterra Energy CTRA.N: Barclays raises target price to $37 from $34 |
* Cytomx Therapeutics Inc CTMX.O: JP Morgan raises to overweight from neutral |
* Cytomx Therapeutics Inc CTMX.O: JP Morgan raises target price to $12 from $7 |
* Cytomx Therapeutics Inc CTMX.O: H.C. Wainwright raises target price to $17 from $10 |
* Delta Air Lines Inc DAL.N: UBS cuts target price to $83 from $87 |
* Delta Air Lines Inc DAL.N: Wells Fargo cuts target price to $75 from $87 |
* Design Therapeutics Inc DSGN.O: Jefferies initiates coverage with buy rating |
* Design Therapeutics Inc DSGN.O: Jefferies initiates coverage with price target $15 |
* Devon Energy Corp DVN.N: BofA Global Research raises price objective to $53 from $46 |
* Devon Energy Corporation DVN.N: Barclays raises target price to $54 from $52 |
* Diamondback Energy FANG.O: Barclays raises target price to $190 from $185 |
* Diamondback Energy Inc FANG.O: BofA Global Research raises PT to $202 from $180 |
* Diamondback Energy Inc FANG.O: Wells Fargo raises target price to $202 from $171 |
* Digimarc Corp DMRC.O: Needham cuts target price to $10 from $20 |
* Draftkings Inc DKNG.O: UBS cuts target price to $43 from $53 |
* Ecolab Inc ECL.N: Berenberg raises to buy from hold; raises PT to $326 from $300 |
* EOG Resources Inc EOG.N: BofA Global Research raises price objective to $135 from $125 |
* EOG Resources Inc EOG.N: Barclays raises target price to $140 from $133 |
* EOG Resources Inc EOG.N: Wells Fargo raises target price to $155 from $127 |
* EQT Corporation EQT.N: Barclays raises target price to $69 from $67 |
* Expand Energy EXE.O: Barclays raises target price to $127 from $125 |
* Exxon Mobil XOM.N: Barclays raises target price to $163 from $145 |
* Exxon Mobil XOM.N: Jefferies raises target price to $178 from $149 |
* Fifth Third Bancorp FITB.O: JP Morgan resumes coverage with overweight rating |
* Fifth Third Bancorp FITB.O: JP Morgan resumes coverage with target price $50.5 vs $45 |
* Frontier Group Holdings Inc ULCC.O: UBS cuts target price to $4 from $6 |
* General Mills GIS.N: Barclays cuts target price to $43 from $46 |
* Hain Celestial HAIN.O: Barclays cuts target price to $0.5 from $1.5 |
* Hain Celestial HAIN.O: Barclays cuts to underweight from equal-weight |
* Harvard Bioscience Inc HBIO.O: Benchmark raises target price to $6 from $0.60 |
* Hims & Hers Health Inc HIMS.N: Leerink Partners raises target price to $25 from $17.5 |
* Humana HUM.N: Bernstein cuts target price to $211 from $344 |
* Impinj Inc PI.O: Barclays cuts target price to $169 from $175 |
* Incyte INCY.O: Jefferies assumes coverage with hold vs buy rating; PT $94 vs $120 |
* Insmed Inc INSM.O: Jefferies assumes coverage with buy rating; price target $228 vs $219 |
* Intuit Inc INTU.O: Exane BNP Paribas raises to neutral from underperform |
* Jade Biosciences Inc JBIO.O: BTIG raises target price to $39 from $28 |
* JetBlue Airways Corp JBLU.O: UBS cuts target price to $3.5 from $4 |
* Kindercare Learning Companies Inc KLC.N: Barclays cuts target price to $2 from $6 |
* Kindercare Learning Companies Inc KLC.N: Barclays cuts to underweight from equal weight |
* Kinetik Holdings Inc KNTK.N: UBS cuts target price to $48 from $49 |
* Kohls KSS.N: Citigroup cuts target price to $14 from $20 |
* Kymera Therapeutics Inc KYMR.O: Jefferies assumes coverage with buy rating |
* Kymera Therapeutics Inc KYMR.O: Jefferies assumes coverage with PT $110 vs $122 |
* Lennar Corp LEN.N: Truist Securities cuts target price to $95 from $110 |
* Lennar Corp LEN.N: UBS cuts target price to $107 from $122 |
* Lennar Corp LEN.N: Barclays cuts target price to $85 from $88 |
* Lennar Corporation LEN.N: Wells Fargo cuts target price to $100 from $105 |
* Lifemd Inc LFMD.O: Mizuho raises to outperform from neutral; raises PT to $8 from $6 |
* Macy's Inc M.N: Jefferies cuts target price to $22 from $27 |
* Magnolia Oil & Gas Corp MGY.N: BofA Global Research raises PT to $33 from $28 |
* Manhattan Associates Inc MANH.O: Barclays cuts target price to $236 from $237 |
* Marathon Petroleum Corp MPC.N: Jefferies raises target price to $263 from $205 |
* Matador Resources Co MTDR.N: BofA Global Research raises price objective to $61 from $52 |
* Matador Resources Company MTDR.N: Wells Fargo raises target price to $54 from $47 |
* McKesson Corp MCK.N: Argus Research raises target price to $1050 from $950 |
* Medicinova Inc MNOV.O: H.C. Wainwright initiates coverage with buy rating |
* Micron Technology Inc MU.O: RBC raises target price to $525 from $425 |
* Molina Healthcare Inc MOH.N: Bernstein cuts target price to $173 from $224 |
* Mondelez International Inc MDLZ.O: Morgan Stanley raises PT to $70.00 from $66.00 |
* Monster Beverage Corporation MNST.O: Wells Fargo cuts target price to $90 from $94 |
* MPLX LP MPLX.N: UBS raises target price to $73 from $64 |
* Murphy Oil Corporation MUR.N: Barclays raises target price to $33 from $29 |
* Murphy Oil Corporation MUR.N: Barclays raises to equal-weight from underweight |
* National Beverage Corp FIZZ.O: UBS raises target price to $35 from $34 |
* Nektar Therapeutics NKTR.O: Citigroup raises target price to $123 from $102 |
* Nucor Corp NUE.N: UBS raises target price to $184 from $183 |
* Occidental Petroleum Corporation OXY.N: Barclays raises target price to $59 from $55 |
* Oracle Corp ORCL.N: Mizuho cuts target price to $320 from $400 |
* Oruka Therapeutics Inc ORKA.O: Leerink Partners raises target price to $86 from $58 |
* Ovintiv Inc OVV.N: BofA Global Research raises price objective to $63 from $54 |
* Ovintiv Inc OVV.N: Barclays raises target price to $62 from $58 |
* Par Technology Corp PAR.N: Benchmark cuts target price to $33 from $42 |
* Pennymac Financial Services Inc PFSI.N: KBW raises to outperform from market perform |
* Permian Resources Corporation PR.N: Wells Fargo raises target price to $21 from $17 |
* Petco Health and Wellness Company Inc WOOF.O: UBS raises target price to $4 from $3.5 |
* Phillips 66 PSX.N: Jefferies raises target price to $174 from $158 |
* Qualcomm QCOM.O: Seaport Research Partners cuts to sell from neutral |
* Range Resources Corp RRC.N: Raymond James raises target price to $47 from $42 |
* Range Resources Corp RRC.N: Barclays raises target price to $41 from $39 |
* Realty Income Corp O.N: BMO raises target price to $70 from $62 |
* Repay Holdings Corp RPAY.O: Canaccord Genuity cuts target price to $8 from $12 |
* Revolution Medicines Inc RVMD.O: Jefferies assumes coverage with buy rating |
* Revolution Medicines Inc RVMD.O: Jefferies assumes coverage with PT $140 vs $88 |
* Royal Caribbean Group RCL.N: JP Morgan raises target price to $376.00 from $371.00 |
* Rubrik RBRK.N: Deutsche Bank cuts target price to $90 from $100 |
* Rubrik RBRK.N: CIBC cuts target price to $110 from $130 |
* Rubrik RBRK.N: Citigroup cuts target price to $88 from $115 |
* Rubrik RBRK.N: Wedbush cuts target price to $90 from $120 |
* Runway Growth Finance Corp. RWAY.O: Wells Fargo cuts target price to $7 from $10 |
* Sailpoint Inc SAIL.O: Barclays cuts target price to $20 from $23 |
* Semtech Corp SMTC.O: Morgan Stanley raises target price to $85.00 from $75.00 |
* Sentinelone Inc S.N: Berenberg cuts target price to $20.5 from $25 |
* ServiceNow Inc NOW.N: Exane BNP Paribas raises to outperform from neutral |
* Solid Power Inc SLDP.O: H.C. Wainwright initiates coverage with buy rating |
* Solid Power Inc SLDP.O: H.C. Wainwright initiates coverage with price target $7 |
* Southwest Airlines Co LUV.N: UBS cuts target price to $59 from $73 |
* Southwest Airlines Co LUV.N: Wells Fargo cuts target price to $44 from $50 |
* Stellus Capital Investment Corp SCM.N: KBW cuts target price to $9 from $13 |
* Structure Therapeutics Inc GPCR.O: H.C. Wainwright cuts target price to $100 from $114 |
* Summit Therapeutics Inc SMMT.O: Jefferies cuts target price to $15 from $42 |
* Summit Therapeutics Inc SMMT.O: Jefferies cuts to hold from buy |
* Sunbelt Rentals Holdings Inc SUNB.N: Citigroup initiates coverage with buy rating |
* Sunbelt Rentals Holdings Inc SUNB.N: Citigroup initiates coverage with price target $85 |
* Symbotic Inc SYM.O: Barclays raises target price to $44 from $42 |
* Talos Energy Inc TALO.N: Gerdes Energy Research cuts to neutral from buy |
* Teledyne Technologies Inc. TDY.N: Barclays raises target price to $600 from $599 |
* The Hershey Company HSY.N: Morgan Stanley raises target price to $247.00 from $238.00 |
* Turtle Beach Corp TBCH.O: Wedbush cuts target price to $11 from $14 |
* Uipath Inc PATH.N: BMO cuts target price to $14 from $17 |
* United Airlines Holdings Inc UAL.O: UBS cuts target price to $134 from $147 |
* United Airlines Holdings Inc UAL.O: Wells Fargo cuts target price to $130 from $145 |
* Upstart Holdings Inc UPST.O: BTIG raises to buy from neutral |
* Valero Energy Corp VLO.N: Jefferies raises target price to $272 from $216 |
* Viper Energy Inc VNOM.O: BofA Global Research raises price objective to $53 from $46 |
* Viper Energy Inc VNOM.O: Raymond James raises target price to $60 from $51 |
* Viper Energy Inc VNOM.O: Wells Fargo raises target price to $52 from $51 |
* WW Grainger Inc GWW.N: Barclays raises target price to $1047 from $1044 |
(Compiled by Bengaluru Newsroom)
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