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U.S. RESEARCH ROUNDUP-Bank of America, Goldman Sachs, Microsoft

ReutersJul 17, 2025 6:09 PM

- Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Bank of America, Goldman Sachs and Microsoft, on Thursday.

HIGHLIGHTS

* Bank of America BAC.N: Piper Sandler raises target price to $49 from $46

* Goldman Sachs GS.N: Jefferies raises target price to $815 from $801

* Microsoft MSFT.O: TD Cowen raises target price to $580 from $540

* Pinnacle Financial Partners Inc PNFP.O: JP Morgan raises target price to $135 from $125

* Progressive Corp PGR.N: Piper Sandler cuts target price to $323 from $336

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

* AAR Corp AIR.N: RBC raises target price to $85 from $75

* Aep AEP.O: JP Morgan raises target price to $111 from $107

* Affirm Holdings Inc (Pre-Reincorporation) AFRM.O: Deutsche Bank resumes with buy rating

* Affirm Holdings Inc (Pre-Reincorporation) AFRM.O: Deutsche Bank resumes with PT $78

* Affirm Holdings Inc AFRM.O: Truist Securities raises target price to $72 from $58

* Agilon Health Inc AGL.N: Bernstein cuts target price to $4 from $7.5

* Albemarle ALB.N: RBC raises target price to $80 from $76

* Appfolio Inc APPF.O: Piper Sandler raises target price to $240 from $208

* Asbury Automotive Group Inc ABG.N: JP Morgan cuts target price to $225 from $235

* Asbury Automotive Group Inc ABG.N: JP Morgan cuts to underweight from neutral

* Bank of America BAC.N: Oppenheimer cuts target price to $55 from $57

* Bank of America BAC.N: Piper Sandler raises target price to $49 from $46

* Bank of America BAC.N: Truist Securities cuts target price to $51 from $53

* Bellring Brands Inc BRBR.N: UBS cuts target price to $63 from $71

* Bentley Systems BSY.O: Oppenheimer raises target price to $59 from $50

* Bill Holdings Inc BILL.N: Deutsche Bank resumes coverage with hold rating; PT $49

* Bill Holdings Inc BILL.N: Truist Securities raises target price to $50 from $47

* Block Inc XYZ.N: Deutsche Bank resumes coverage with buy rating; target price $82

* Block Inc XYZ.N: Truist Securities raises target price to $65 from $61

* Boston Beer Company Inc SAM.N: UBS cuts target price to $214 from $275

* Brinker International Inc EAT.N: Jefferies raises target price to $175 from $145

* Brinker International Inc EAT.N: Wells Fargo raises target price to $165 from $150

* Brixmor Property Group Inc BRX.N: Mizuho raises to outperform from neutral

* California Resources Corp CRC.N: Citigroup raises target price to $47 from $44

* Campbell's CO CPB.O: TD cowen cuts target price to $29 from $33

* Carmax Inc KMX.N: Benchmark initiates coverage with buy rating; target price $75

* Cars.com Inc CARS.N: JP Morgan raises to overweight from neutral

* Caterpillar Inc. CAT.N: Oppenheimer raises target price to $483 from $395

* Celsius Holdings Inc CELH.O: UBS raises target price to $57 from $49

* Centene Corp CNC.N: Bernstein cuts target price to $40 from $86

* CF Industries Holdings, Inc. CF.N: Wells Fargo raises target price to $108 from $105

* Chipotle Mexican Grill Inc CMG.N: UBS raises target price to $65 from $60

* Chipotle Mexican Grill, Inc. CMG.N: Wells Fargo raises target price to $65 from $55

* Church & Dwight Co Inc CHD.N: UBS raises target price to $103 from $102

* Cigna CI.N: Bernstein cuts target price to $346 from $373

* Clorox Co CLX.N: UBS cuts target price to $134 from $150

* Cognizant CTSH.O: Deutsche Bank resumes coverage with hold rating; target price $80

* Cognizant CTSH.O: Evercore ISI initiates coverage with outperform rating; PT $100

* Coinbase Global Inc COIN.O: Rosenblatt Securities raises target price to $470 from $300

* Colgate-Palmolive Co CL.N: UBS cuts target price to $106 from $109

* Corpay Inc CPAY.N: Deutsche Bank resumes coverage with buy rating; target price $390

* Costar Group Inc CSGP.O: KBW raises target price to $100 from $95

* Crowdstrike CRWD.O: Macquarie initiates coverage with neutral rating; price target $465 -

* Crown Holdings Inc CCK.N: Baird cuts to neutral from outperform

* CSX Corp CSX.O: BofA Global Research raises to buy from neutral

* CSX Corp CSX.O: BofA Global Research raises price objective to $42 from $34

* CVS Health Corp CVS.N: Bernstein cuts target price to $72 from $78

* Danaher Corp DHR.N: Leerink Partners raises target price to $235 from $230

* Deckers Brands DECK.N: BofA Global Research cuts price objective to $114 from $128

* Deckers Outdoor Corp DECK.N: UBS cuts target price to $144 from $169

* Dollar Tree Inc DLTR.O: Jefferies reinstates coverage with hold rating; PT $106

* Doximity Inc DOCS.N: Truist Securities raises target price to $61 from $52

* Dupont DD.N: RBC raises target price to $93 from $90

* eBay EBAY.O: Bernstein raises target price to $75 from $65

* Elanco Animal Health Inc ELAN.N: Leerink Partners raises target to $18 from $14.50

* Elanco Animal Health Inc ELAN.N: Leerink Partners raises to outperform from market perform

* Elevance Health ELV.N: Bernstein cuts target price to $487 from $585

* Elf Beauty Inc ELF.N: UBS raises target price to $120 from $95

* Energizer Holdings Inc ENR.N: UBS cuts target price to $23 from $26

* Epam Systems Inc EPAM.N: Deutsche Bank resumes coverage with hold rating; PT $171

* Equinix EQIX.O: Deutsche Bank cuts target price to $925 from $975

* Estee Lauder Companies Inc EL.N: UBS raises target price to $93 from $62

* Etsy Inc ETSY.O: Bernstein raises target price to $50 from $45

* Evertec Inc EVTC.N: Deutsche Bank resumes coverage with hold rating; target price $35

* Evolent Health Inc EVH.N: Truist Securities raises target price to $16 from $14

* Exodus Movement Inc EXOD.A: Northland Capital initiates coverage with outperform rating

* Exodus Movement Inc EXOD.A: Northland Capital initiates coverage with price target $50

* Federal Realty Investment Trust FRT.N: Mizuho cuts target price to $96 from $107

* First Horizon Corp FHN.N: Citigroup raises target price to $25 from $22

* Fis FIS.N: Truist Securities raises target price to $85 from $84

* Fiserv Inc FI.N: Deutsche Bank resumes coverage with buy rating; target price $200

* Fiserv Inc FI.N: Truist Securities raises target price to $185 from $181

* Flywire Corp FLYW.O: Deutsche Bank resumes coverage with hold rating; target price $12

* Flywire Corp FLYW.O: Truist Securities raises target price to $13 from $12

* GE Vernova Inc GEV.N: BofA Global Research raises price objective to $620 from $550

* Global Payments Inc GPN.N: Truist Securities raises target price to $83 from $79

* Goldman Sachs GS.N: BofA Global Research raises price objective to $782 from $775

* Goldman Sachs GS.N: Jefferies raises target price to $815 from $801

* Goldman Sachs GS.N: JP Morgan raises target price to $625 from $604

* Goldman Sachs GS.N: KBW raises target price to $790 from $771

* Goldman Sachs GS.N: Morgan Stanley raises target price to $706 from $680

* Group 1 Automotive Inc GPI.N: JP Morgan cuts target price to $415 from $435

* Group 1 Automotive Inc GPI.N: JP Morgan cuts to neutral from overweight

* Hasbro Inc HAS.O: BofA Global Research raises price objective to $90 from $85

* HCA Healthcare Inc HCA.N: Bernstein raises target price to $404 from $378

* Highpeak Energy Inc HPK.O: Gerdes Energy Research raises to neutral from sell

* Hims & Hers Health Inc HIMS.N: Truist Securities raises target price to $48 from $45

* Humana HUM.N: Bernstein cuts target price to $269 from $313

* IBM IBM.N: RBC raises target price to $315 from $285

* Idexx Laboratories Inc IDXX.O: Leerink Partners raises target price to $600 from $580

* Illumina Inc ILMN.O: Leerink Partners raises target price to $120 from $115

* J&J JNJ.N: Barclays raises target price to $176 from $165

* J&J JNJ.N: Bernstein raises target price to $172 from $159

* J&J JNJ.N: BofA Global Research raises price objective to $175 from $161

* J&J JNJ.N: Leerink Partners raises target price to $171 from $153

* J&J JNJ.N: Morgan Stanley raises target price to $176 from $171

* Jack In the Box Inc JACK.O: Jefferies cuts target price to $22 from $25

* Jamf Holding Corp JAMF.O: Needham cuts target price to $20 from $25

* Johnson & Johnson JNJ.N: UBS raises target price to $190 from $180

* Kenvue Inc KVUE.N: UBS cuts target price to $23 from $25

* Kestra Medical Technologies Ltd. KMTS.O: Wells Fargo cuts target price to $27 from $28

* Keurig DR Pepper Inc KDP.O: UBS cuts target price to $40 from $42

* Kimberly-Clark Corp KMB.O: UBS cuts target price to $139 from $146

* Kinder Morgan Inc KMI.N: Wells Fargo raises target price to $34 from $33

* Kraft Heinz Co KHC.O: UBS cuts target price to $29 from $31

* Lennox International LII.N: Oppenheimer raises target price to $650 from $600

* M&T Bank Corp MTB.N: D.A. Davidson raises target price to $207 from $189

* M&T Bank Corporation MTB.N: Wells Fargo raises target price to $185 from $175

* Madrigal Pharmaceuticals Inc MDGL.O: Oppenheimer raises target price to $500 from $475

* Marqeta Inc MQ.O: Deutsche Bank resumes coverage with hold rating; target price $6

* Mastercard MA.N: Deutsche Bank resumes coverage with buy rating; target price $650

* Mastercard MA.N: Truist Securities cuts target price to $612 from $640

* Matador Resources Co MTDR.N: UBS raises target price to $48 from $46

* Microsoft MSFT.O: TD Cowen raises target price to $580 from $540

* Molina Healthcare Inc MOH.N: Bernstein cuts target price to $284 from $414

* Molson Coors Beverage Co TAP.N: UBS cuts target price to $53 from $59

* Monarch Casino & Resort Inc MCRI.O: Stifel raises target price to $92 from $81

* Monarch Casino & Resort Inc MCRI.O: Truist Securities raises target to $120 from $105

* Monarch Casino & Resort Inc MCRI.O: Wells Fargo raises target price to $89 from $83

* Monarch Casino & Resort Inc MCRI.O: Wells Fargo raises to equal weight from underweight

* Mondelez MDLZ.O: Jefferies raises to buy from hold; raises target price to $78 from $66

* Mondelez International Inc MDLZ.O: UBS raises target price to $72 from $69

* Monster Beverage Corp MNST.O: UBS raises target price to $64 from $63

* Moody's Corp MCO.N: Mizuho raises target price to $496 from $491

* Morgan Stanley MS.N: JP Morgan raises target price to $122 from $118

* Mosaic Co MOS.N: Wells Fargo raises target price to $38 from $35

* Mp Materials MP.N: Deutsche Bank raises target price to $67 from $20

* Netflix Inc NFLX.O: Bernstein raises target price to $1390 from $1200

* Newell Brands Inc NWL.O: UBS raises target price to $5.5 from $5

* Nicolet Bankshares Inc NIC.N: KBW raises target price to $135 from $118

* Nike Inc. NKE.N: HSBC raises target price to $88 from $80

* Norfolk Southern Corp NSC.N: BofA Global Research ups price objective to $305 from $290

* NRG Energy Inc NRG.N: Citigroup raises target price to $180 from $133

* Oracle Corp ORCL.N: Scotiabank initiates coverage with price target $300

* Oracle Corp ORCL.N: Scotiabank initiates coverage with sector outperform rating

* Oracle Corp ORCL.N: UBS raises target price to $280 from $250

* Payoneer Global Inc PAYO.O: Deutsche Bank resumes coverage with buy rating; PT $8

* PayPal PYPL.O: Deutsche Bank resumes coverage with hold rating; target price $75

* Performance Food Group Co PFGC.N: Jefferies raises target price to $116 from $102

* Phillips Edison & Co Inc PECO.O: Mizuho cuts target price to $37 from $38

* Pinnacle Financial Partners Inc PNFP.O: Citigroup raises target price to $140 from $134

* Pinnacle Financial Partners Inc PNFP.O: JP Morgan raises target price to $135 from $125

* Pinnacle Financial Partners Inc PNFP.O: KBW raises target price to $125 from $115

* Pinnacle Financial Partners Inc PNFP.O: Piper Sandler raises target to $117 from $110

* Pinnacle Financial Partners Inc PNFP.O: Truist Securities raises PT to $129 from $127

* Pinterest PINS.N: Wedbush raises target price to $42 from $40

* PNC Financial Services PNC.N: Citigroup raises target price to $217 from $205

* PNC Financial Services PNC.N: Piper Sandler raises target price to $200 from $188

* PNC Financial Services PNC.N: Truist Securities raises target price to $201 from $198

* PPG Industries Inc PPG.N: Bernstein cuts target price to $139 from $166

* Procter & Gamble Co PG.N: UBS cuts target price to $180 from $186

* Progressive Corp PGR.N: KBW raises target price to $268 from $290

* Progressive Corp PGR.N: Piper Sandler cuts target price to $323 from $336

* Progyny Inc PGNY.O: Truist Securities raises target price to $27 from $24

* Quaker Houghton KWR.N: RBC raises target price to $150 from $134

* Quanta Services Inc PWR.N: BMO cuts to market perform from outperform

* Quanta Services Inc PWR.N: BMO raises target price to $400 from $352

* Quanta Services Inc PWR.N: BofA Global Research ups price objective to $440 from $370

* Regency Centers Corp REG.O: Mizuho cuts target price to $74 from $79

* Revvity Inc RVTY.N: Leerink Partners cuts target price to $125 from $130

* Reynolds Consumer Products Inc REYN.O: UBS cuts target price to $23 from $25

* Rockwell Automation ROK.N: Oppenheimer raises target price to $371 from $304

* S&P Global Inc SPGI.N: Mizuho raises target price to $591 from $586

* Sarepta Therapeutics Inc SRPT.O: Baird raises target price to $35 from $30

* Sarepta Therapeutics Inc SRPT.O: Leerink Partners cuts target price to $45 from $50

* Sarepta Therapeutics Inc SRPT.O: Piper Sandler cuts target price to $32 from $36

* Sarepta Therapeutics Inc SRPT.O: TD Cowen raises target price to $28 from $24

* Sarepta Therapeutics Inc SRPT.O: Wells Fargo cuts target price to $65 from $75

* Scotts Miracle-Gro Co SMG.N: UBS raises target price to $71 from $54

* Shake Shack Inc SHAK.N: Jefferies cuts to underperform from hold

* Shake Shack Inc SHAK.N: Jefferies raises target price to $120 from $100

* Shake Shack Inc SHAK.N: Wells Fargo raises target price to $125 from $115

* Shift4 Payments Inc FOUR.N: Truist Securities raises target price to $109 from $97

* Sofi Technologies Inc SOFI.O: Truist Securities raises target price to $20 from $14

* Sonic Automotive Inc SAH.N: JP Morgan cuts to underweight from overweight

* Sonic Automotive Inc SAH.N: JP Morgan raises target price to $72 from $65

* Starbucks SBUX.O: Jefferies cuts to underperform from hold

* Steven Madden Ltd SHOO.O: Citigroup raises to buy from neutral; ups PT to $32 from $26

* The Cheesecake Factory Incorporated CAKE.O: Wells Fargo raises target to $60 from $50

* Toast Inc TOST.N: Deutsche Bank resumes coverage with buy rating; target price $54

* Toast Inc TOST.N: Truist Securities raises target price to $50 from $48

* TPG Inc TPG.O: JP Morgan raises target price to $56 from $46

* Trade Desk Inc TTD.O: Wedbush raises target price to $90 from $86

* Trimble Inc TRMB.O: Oppenheimer raises target price to $88 from $81

* United Airlines UAL.O: Barclays raises target price to $100 from $94

* United Natural Foods Inc UNFI.N: UBS raises target price to $29 from $26

* United Natural Foods Inc UNFI.N: Wells Fargo raises target price to $26 from $25

* United Natural Foods Inc UNFI.N: Wells Fargo raises to equal weight from underweight

* Unity Software Inc U.N: UBS raises target price to $33 from $22

* US Foods Holding Corp USFD.N: Jefferies raises target price to $95 from $89

* Utz Brands Inc UTZ.N: UBS raises target price to $15 from $13.5

* Vertiv Holdings Co. VRT.N: Oppenheimer raises target price to $140 from $132

* Viper Energy Inc VNOM.O: Wells Fargo raises target price to $51 from $50

* Visa Inc V.N: Deutsche Bank resumes coverage with buy rating; target price $410

* Visa Inc V.N: Truist Securities cuts target price to $397 from $400

* Waters Corp WAT.N: Leerink Partners cuts target price to $340 from $450

* Wayfair Inc W.N: Bernstein raises target price to $50 from $35

* Wendy'S Co WEN.O: Jefferies cuts target price to $12 from $13.50

* Western Digital Corp. WDC.O: Wells Fargo raises target price to $80 from $65

* Western Union WU.N: Deutsche Bank resumes coverage with hold rating; target price $9

* WEX Inc WEX.N: Deutsche Bank resumes coverage with hold rating; target price $150

* Yeti Holdings Inc YETI.N: UBS raises target price to $35 from $31

* Zoetis Inc ZTS.N: Leerink Partners cuts target price to $155 from $180

* Zoetis Inc ZTS.N: Leerink Partners cuts to market perform from outperform

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