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U.S. RESEARCH ROUNDUP-Dropbox, Etsy, Zscaler

ReutersFeb 20, 2026 3:29 PM

- Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Dropbox, Etsy and Zscaler, on Friday.

HIGHLIGHTS

Akamai Technologies Inc AKAM.O: Scotiabank raises target price to $120.00 from $105.00

Dropbox Inc DBX.O: JP Morgan cuts target price to $25 from $29

eBay EBAY.O: Wedbush raises target price to $100 from $95

Etsy Inc ETSY.N: B. Riley cuts target price to $70 from $78

Zscaler Inc ZS.O: JP Morgan cuts target price to $267 from $354

Following is a summary of research actions on U.S. companies reported by Reuters on Friday. Stock entries are in alphabetical order.

10X Genomics Inc TXG.O: UBS raises target price to $20 from $14

Affirm Holdings Inc AFRM.O: Truist Securities cuts target price to $71 from $85

Akamai Technologies Inc AKAM.O: Scotiabank raises target price to $120.00 from $105.00

Akamai Technologies Inc AKAM.O: UBS raises target price to $110 from $90

Alarm.Com Holdings Inc ALRM.O: Jefferies cuts target price to $60 from $65

Alarm.Com Holdings Inc ALRM.O: Raymond James cuts target price to $60 from $80

Alight Inc ALIT.N: Citigroup cuts to neutral from buy; cuts PT to $1 from $6.5

Ameren Corp AEE.N: UBS raises target price to $127 from $125

AMN Healthcare Services Inc AMN.N: UBS raises target price to $19.5 from $19

Amrize AG AMRZ.N: Truist Securities raises target price to $75 from $60

Apollo Global Management Inc APO.N: UBS cuts target price to $152 from $182

Ardelyx Inc ARDX.O: H.C. Wainwright raises target price to $18 from $10

Ares Management Corp ARES.N: UBS cuts target price to $148 from $198

Avis Budget Group Inc CAR.O: JP Morgan cuts target price to $123 from $150

Axon Enterprise Inc AXON.O: Needham cuts target price to $600 from $870

AXT Inc AXTI.O: Wedbush raises target price to $28 from $8.50

BJ's Restaurants Inc BJRI.O: Mizuho raises target price to $42 from $39

Blackstone Inc BX.N: UBS cuts target price to $137 from $171

Booking Holdings Inc BKNG.O: Susquehanna cuts target price to $5,000 from $6,500

Brookfield Asset Management Ltd BAM.N: UBS cuts target price to $52 from $58

Builders Firstsource Inc BLDR.N: Benchmark cuts target price to $138 from $142

Cargurus Inc CARG.O: BTIG cuts target price to $37 from $44

Cargurus Inc CARG.O: D.A. Davidson cuts target price to $33.50 from $37.50

Cargurus Inc CARG.O: JP Morgan cuts target price to $36 from $43

Cargurus Inc CARG.O: RBC cuts target price to $34 from $40

Carlyle Group Inc CG.O: UBS cuts target price to $65 from $81

Carvana CVNA.N: Citigroup cuts target price to $465 from $550

Century Aluminum Co CENX.O: BMO raises target price to $61 from $52

CF Industries Holdings Inc CF.N: BMO raises target price to $115 from $110

CF Industries Holdings Inc CF.N: JP Morgan raises target price to $94 from $80

Charles River Laboratories International Inc CRL.N: Mizuho cuts PT to $175 from $215

Charles River Laboratories International Inc CRL.N: TD Cowen cuts PT to $235 from $251

Choice Hotels International Inc CHH.N: Deutsche Bank raises PT to $119 from $109

Choice Hotels International Inc CHH.N: JP Morgan raises target price to $109 from $102

Church & Dwight Co Inc CHD.N: TD Cowen raises target price to $112 from $99

Clorox CLX.N: BofA Global Research raises price objective to $124 from $112

Community Health Systems Inc CYH.N: UBS raises target price to $3.7 from $3.6

Consolidated Edison Inc ED.N: Scotiabank raises target price to $117 from $113

Corcept Therapeutics Inc CORT.O: H.C. Wainwright cuts target price to $67 from $105

Corning Inc GLW.N: UBS raises target price to $160 from $125

Costar Group Inc CSGP.O: Jefferies raises to buy from hold; cuts PT to $67 from $84

Cytokinetics Inc CYTK.O: RBC raises target price to $101 from $95

Deckers Brands DECK.N: Argus Research raises to buy from hold

Deere & Co DE.N: Bernstein raises target price to $615 from $521

Deere & Co DE.N: BMO raises target price to $500 from $460

Deere & Co DE.N: D.A. Davidson raises target price to $775 from $580

Deere & Co DE.N: Daiwa Capital Markets raises target price to $730 from $520

Deere & Co DE.N: JP Morgan raises target price to $525.00 from $460.00

Deere & Co DE.N: Raymond James raises target price to $765 from $545

Deere & Co DE.N: RBC raises target price to $736 from $541

Deere & Co DE.N: Truist Securities raises target price to $793 from $612

Deere & Co DE.N: UBS raises target price to $775 from $535

Deere & Co DE.N: Oppenheimer raises target price to $715 from $531

Devon Energy Corp DVN.N: Susquehanna raises target price to $52 from $47

Domo Inc DOMO.O: TD Cowen cuts target price to $9 from $16

Doordash DASH.O: Citigroup cuts target price to $280 from $283

Doximity Inc DOCS.N: JP Morgan cuts target price to $33 from $40

Dropbox Inc DBX.O: JP Morgan cuts target price to $25 from $29

Dropbox Inc DBX.O: RBC cuts target price to $30 from $35

Dropbox Inc DBX.O: UBS cuts target price to $23 from $27

DT Midstream Inc DTM.N: Jefferies raises target price to $148 from $141

Dt Midstream Inc DTM.N: Raymond James raises target price to $140 from $130

Dt Midstream Inc DTM.N: UBS raises target price to $152 from $128

eBay EBAY.O: Wedbush raises target price to $100 from $95

Edison International EIX.N: TD Cowen raises target price to $83 from $71

Elastic NV ESTC.N: JP Morgan cuts target price to $98 from $113

Elastic NV ESTC.N: Oppenheimer cuts target price to $100 from $119

Eldorado Gold Corp EGO.N: CIBC cuts to neutral from outperformer

Epam Systems Inc EPAM.N: JP Morgan cuts target price to $183.00 from $215.00

Epam Systems Inc EPAM.N: Needham cuts target price to $175 from $215

Epam Systems Inc EPAM.N: Truist Securities cuts target price to $146 from $220

Etsy Inc ETSY.N: B. Riley cuts target price to $70 from $78

Etsy Inc ETSY.N: BTIG cuts target price to $65 from $74

Etsy Inc ETSY.N: Jefferies cuts target price to $52 from $55

Etsy Inc ETSY.N: JP Morgan cuts target price to $58 from $65

Etsy Inc ETSY.N: Needham cuts target price to $65 from $76

Etsy Inc ETSY.N: Raymond James cuts target price to $60 from $78

Etsy Inc ETSY.N: Stifel cuts target price to $55 from $62

Etsy Inc ETSY.N: Truist Securities raises target price to $83 from $80

Etsy Inc ETSY.N: UBS cuts target price to $53 from $74

Exelon Corp EXC.O: UBS raises target price to $51 from $48

Five9 Inc FIVN.O: D.A. Davidson cuts target price to $19 from $24

Five9 Inc FIVN.O: Mizuho cuts target price to $28 from $35

Five9 Inc FIVN.O: RBC cuts target price to $25 from $35

Five9 Inc FIVN.O: Truist Securities cuts target price to $23 from $40

Five9 Inc FIVN.O: UBS cuts target price to $22 from $30

Floor & Decor Holdings Inc FND.N: JP Morgan cuts target price to $78 from $85

Floor & Decor Holdings Inc FND.N: Mizuho cuts target price to $72 from $76

Floor & Decor Holdings Inc FND.N: TD Cowen cuts target price to $75 from $80

Floor & Decor Holdings Inc FND.N: UBS cuts target price to $70 from $74

GE Aerospace GE.N: Morgan Stanley initiates coverage with overweight rating; PT $425

Gemini Space Station Inc GEMI.O: Rosenblatt Securities cuts PT to $11.5 from $26

Gildan Activewear Inc GIL.N: CIBC raises target price to $79 from $71

Guardant Health Inc GH.O: BTIG raises target price to $145 from $140

Guardant Health Inc GH.O: JP Morgan raises target price to $130 from $120

Guardant Health Inc GH.O: Leerink Partners raises target price to $180 from $170

Guardant Health Inc GH.O: Stifel raises target price to $130 from $120

Guardant Health Inc GH.O: TD Cowen raises target price to $135 from $130

Hamilton Lane Inc HLNE.O: UBS cuts target price to $150 from $184

Healthequity Inc HQY.O: Jefferies cuts target price to $108 from $120

Idacorp Inc IDA.N: Mizuho raises target price to $148 from $141

Idacorp Inc IDA.N: UBS raises target price to $142 from $134

Integer Holdings Corp ITGR.N: Benchmark raises to buy from hold

Integer Holdings Corp ITGR.N: Benchmark raises to buy rating

Iqvia Holdings Inc IQV.N: Mizuho cuts target price to $215 from $266

IRhythm Technologies IRTC.O: JP Morgan cuts target price to $215.00 from $240.00

J M Smucker Co SJM.N: TD Cowen raises target price to $112 from $105

Kinsale Capital Group Inc KNSL.N: BMO cuts target price to $418 from $466

KKR & Co Inc KKR.N: UBS cuts target price to $125 from $168

Legalzoom.Com Inc LZ.O: Jefferies cuts target price to $10 from $15

Legalzoom.Com Inc LZ.O: UBS cuts target price to $8 from $12

Lemonade Inc LMND.N: Piper Sandler cuts target price to $65 from $85

Linde Plc LIN.N: Berenberg raises target price to $535 from $500

Live Nation Entertainment Inc LYV.N: Bernstein raises target price to $200 from $185

Live Nation Entertainment Inc LYV.N: JP Morgan raises PT to $180.00 from $170.00

Live Nation Entertainment Inc LYV.N: Roth MKM raises target price to $190 from $174

Live Nation Entertainment Inc LYV.N: UBS raises target price to $181 from $164

Live Nation Entertainment Inc. LYV.N: Oppenheimer raises PT to $190 from $175

Marvell Technology Inc MRVL.O: Raymond James cuts target price to $105 from $121

Merck & Co Inc MRK.N: HSBC raises target price to $135 from $120

Mister Car Wash Inc MCW.O: BMO cuts to market perform from outperform; cuts PT to $7 from $9

Mister Car Wash Inc MCW.O: Raymond James cuts to market perform from outperform

Molson Coors Beverage Co TAP.N: Bernstein cuts target price to $45 from $50

Molson Coors Beverage Co TAP.N: Jefferies cuts target price to $45 from $48

Molson Coors Beverage Co TAP.N: TD Cowen cuts target price to $43 from $47

Monster Beverage Corp. MNST.O: Deutsche Bank raises target price to $88 from $84

Neptune Insurance Holdings Inc NP.N: KBW cuts target price to $25 from $26

Neptune Insurance Holdings Inc NP.N: KBW raises to outperform from market perform

Nutrien Ltd NTR.N: JP Morgan raises target price to $78 from $68

Nutrien Ltd NTR.N: Raymond James raises target price to $74 from $68

Occidental Petroleum Corp OXY.N: HSBC raises target price to $59 from $54

Occidental Petroleum Corp OXY.N: JP Morgan raises target price to $49 from $42

Occidental Petroleum Corp OXY.N: Susquehanna raises target price to $60 from $51

Occidental Petroleum Corp OXY.N: UBS raises target price to $49 from $43

Okeanis Eco Tankers Corp ECO.N: B. Riley raises target price to $55 from $45

Omega Healthcare Investors Inc OHI.N: Berenberg raises target price to $53 from $45

Onto Innovation Inc ONTO.N: B. Riley raises target price to $275 from $240

Onto Innovation Inc ONTO.N: Jefferies raises target price to $300 from $200

Onto Innovation Inc ONTO.N: Needham raises target price to $275 from $260

Onto Innovation Inc ONTO.N: Stifel raises target price to $220 from $215

Onto Innovation Inc ONTO.N: Oppenheimer raises target price to $265 from $225

Open Text Corp OTEX.O: Jefferies cuts target price to $27 from $35

Papa John's International Inc PZZA.O: Mizuho cuts target price to $34 from $40

Patterson-UTI Energy Inc PTEN.O: zephirin Group cuts to hold from buy

Patterson-UTI Energy Inc PTEN.O: zephirin Group raises price objective by $1 to $8

Paymentus Holdings Inc PAY.N: Raymond James cuts target price to $35 from $41

Paymentus Holdings Inc PAY.N: Raymond James raises to strong buy from outperform

Pediatrix Medical Group MD.N: Deutsche Bank cuts target price to $19 from $21

Pepsico PEP.O: TD Cowen raises target price to $165 from $162

PG&E Corp PCG.N: UBS raises target price to $20 from $18

Phillips 66 PSX.N: Jefferies raises target price to $158 from $149

Phreesia Inc PHR.N: JP Morgan cuts target price to $24 from $29

Pool Corp POOL.O: Deutsche Bank cuts target price to $246 from $276

Praxis Precision Medicines Inc PRAX.O: Jefferies raises target price to $525 from $450

Praxis Precision Medicines Inc PRAX.O: Truist Securities raises target price to $700 from $500

Praxis Precision Medicines Inc PRAX.O: Wedbush raises target price to $130 from $95

Praxis Precision Medicines, Inc. PRAX.O: Deutsche Bank raises target price to $412 from $357

PTC Therapeutics Inc PTCT.O: RBC cuts target price to $82 from $87

Pulse Biosciences Inc. PLSE.O: Oppenheimer raises target price to $30 from $22

Qnity Electronics Inc Q.N: Deutsche Bank raises target price to $126 from $92

Quanta Services Inc PWR.N: B. Riley raises target price to $565 from $450

Quanta Services Inc PWR.N: Bernstein raises target price to $515 from $471

Quanta Services Inc PWR.N: BMO raises target price to $600 from $462

Quanta Services Inc PWR.N: BofA Global Research raises price objective to $610 from $500

Quanta Services Inc PWR.N: JP Morgan raises target price to $627 from $515

Quanta Services Inc PWR.N: Truist Securities raises target price to $643 from $548

Quanta Services Inc PWR.N: UBS raises target price to $646 from $518

Reliance Inc RS.N: BMO cuts to market perform from outperform; cuts PT to $320 from $340

RingCentral RNG.N: Oppenheimer raises target price to $38 from $35

RingCentral Inc RNG.N: Raymond James raises target price to $40 from $35

RingCentral Inc RNG.N: Rosenblatt Securities raises target price to $37.5 from $32

Rockwell Automation Inc ROK.N: TD Cowen raises target price to $350 from $330

Salesforce Inc CRM.N: BMO cuts target price to $235 from $275

Snowflake Inc SNOW.N: TD Cowen cuts target price to $270 from $300

Sonoco Products Co SON.N: Truist Securities raises target price to $69 from $54

Southern Co SO.N: BMO raises target price to $103 from $96

Southern Co SO.N: Mizuho raises to outperform from neutral; raises PT to $104 from $89

Southern Co SO.N: Raymond James raises target price to $104 from $98

Sprouts Farmers market Inc SFM.O: BMO cuts target price to $70 from $90

Sprouts Farmers market Inc SFM.O: JP Morgan cuts target price to $77 from $88

Sprouts Farmers market Inc SFM.O: RBC cuts target price to $114 from $140

Sprouts Farmers market Inc SFM.O: Roth MKM cuts target price to $74 from $91

Tandem Diabetes Care Inc TNDM.O: UBS raises target price to $22 from $17

Targa Resources Corp TRGP.N: BMO raises target price to $241 from $205

Targa Resources Corp TRGP.N: Raymond James raises target price to $255 from $230

Targa Resources Corp TRGP.N: Stifel raises target price to $243 from $213

Technipfmc Plc FTI.N: : HSBC cuts to hold from buy; raises target price to $62 from $49

Technipfmc Plc FTI.N: RBC raises target price to $70 from $47

Tenaris TS.N: TD Cowen raises target price to $59 from $48

Tenet Healthcare Corp THC.N: Leerink Partners raises target price to $264 from $255

Texas Roadhouse Inc TXRH.O: BMO cuts target price to $165 from $170

Texas Roadhouse Inc TXRH.O: Jefferies raises target price to $168 from $155

Texas Roadhouse Inc TXRH.O: Stephens raises target price to $180 from $168

Textron Inc TXT.N: Bernstein raises target price to $108 from $94

Thryv Holdings Inc THRY.O: RBC cuts target price to $7 from $13

TPG Inc TPG.O: UBS cuts target price to $60 from $83

Travel + Leisure Co. TNL.N: Deutsche Bank raises target price to $90 from $89

Travelzoo TZOO.O: Barrington Research cuts target price to $8 from $13

Ul Solutions Inc ULS.N: UBS raises target price to $90 from $85

Ulta Beauty Inc ULTA.O: JP Morgan raises target price to $800 from $647

United Airlines UAL.O: Jefferies cuts target price to $148 from $154

Universal Display Corp OLED.O: Needham cuts target price to $145 from $150

Unum Group UNM.N: UBS cuts target price to $81 from $85

Veeva Systems Inc VEEV.N: JP Morgan cuts target price to $296 from $330

Veeva Systems Inc VEEV.N: UBS cuts target price to $200 from $280

Visteon VC.O: Deutsche Bank cuts target price to $117 from $127

Visteon Corp VC.O: RBC cuts target price to $127 from $140

Visteon Corp VC.O: UBS cuts target price to $120 from $130

Walmart Inc WMT.N: HSBC cuts to hold from buy

Walmart Inc WMT.N: HSBC raises target price to $131 from $122

Walmart Inc WMT.O: Bernstein raises target price to $134 from $129

Walmart Inc WMT.O: D.A. Davidson raises target price to $150 from $135

Walmart Inc WMT.O: Deutsche Bank cuts target price to $120 from $124

Walmart Inc WMT.O: Jefferies raises target price to $145 from $132

Walmart Inc WMT.O: Raymond James raises target price to $135 from $115

Walmart Inc WMT.O: Roth MKM raises target price to $138 from $108

Walmart Inc WMT.O: TD Cowen raises target price to $145 from $136

Walmart Inc WMT.O: Telsey Advisory Group raises target price to $140 from $135

Walmart Inc WMT.O: Truist Securities raises target price to $139 from $127

Walmart Inc WMT.O: UBS raises target price to $147 from $135

Waste Management Inc WM.N: BMO raises target price to $237 from $226

Wayfair Inc W.N: Baird cuts target price to $85 from $98

Wayfair Inc W.N: Jefferies cuts target price to $86 from $94

Wayfair Inc W.N: JP Morgan cuts target price to $105 from $114

Wayfair Inc W.N: Raymond James cuts target price to $110 from $130

Wayfair Inc W.N: RBC raises target price to $92 from $86

Wayfair Inc W.N: Stifel cuts target price to $89 from $100

Wayfair Inc W.N: TD Cowen cuts target price to $88 from $95

Wayfair Inc W.N: Truist Securities cuts target price to $105 from $120

Wayfair Inc W.N: Wedbush cuts target price to $85 from $100

Workday Inc WDAY.O: TD Cowen cuts target price to $200 from $280

Workiva Inc WK.N: Baird cuts target price to $86 from $115

Workiva Inc WK.N: BMO cuts target price to $83 from $92

Workiva Inc WK.N: BTIG cuts target price to $90 from $105

Workiva Inc WK.N: Raymond James cuts target price to $90 from $105

Workiva Inc WK.N: Stephens cuts target price to $90 from $100

Workiva Inc WK.N: Stifel cuts target price to $79 from $98

Workiva Inc WK.N: Truist Securities cuts target price to $90 from $110

Wyndham Hotels & Resorts WH.N: Deutsche Bank raises target price to $100 from $95

Wyndham Hotels & Resorts Inc WH.N: JP Morgan raises target price to $99.00 from $91.00

Wyndham Hotels & Resorts Inc WH.N: Mizuho raises target price to $108 from $97

Yeti Holdings Inc YETI.N: B. Riley raises target price to $54 from $35

Yeti Holdings Inc YETI.N: B. Riley raises to buy from neutral

Yeti Holdings Inc YETI.N: Raymond James raises target price to $53 from $39

Zscaler Inc ZS.O: JP Morgan cuts target price to $267 from $354

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