U.S. RESEARCH ROUNDUP-Autodesk, Burlington Stores, Ulta Beauty
Aug 29 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autodesk, Burlington Stores and Ulta Beauty, on Friday.
HIGHLIGHTS
* Autodesk Inc ADSK.O: RBC raises target price to $380 from $345 |
* Burlington Stores Inc BURL.N: JP Morgan raises target price to $348 from $338 |
* Dick's Sporting Goods Inc DKS.N: D.A. Davidson raises target price to $250 from $230 |
* Ollie'S Bargain Outlet Holdings OLLI.O: RBC raises target price to $149 from $144 |
* Ulta Beauty Inc ULTA.O: Canaccord Genuity raises target price to $650 from $630 |
Following is a summary of research actions on U.S. companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* Accelerant Holdings ARX.N: RBC cuts target price to $29 from $33 |
* Adobe Inc ADBE.O: UBS cuts target price to $400 from $430 |
* Advance Auto Parts Inc AAP.N: Mizuho raises target price to $54 from $44 |
* Affirm Holdings Inc AFRM.O: BofA Global Research raises PO to $94 from $90 |
* Affirm Holdings Inc AFRM.O: Jefferies raises target price to $110 from $95 |
* Affirm Holdings Inc AFRM.O: JP Morgan raises target price to $94.00 from $91.00 |
* Affirm Holdings Inc AFRM.O: Morgan Stanley raises target price to $90.00 from $70.00 |
* Affirm Holdings Inc AFRM.O: RBC raises target price to $97 from $75 |
* Affirm Holdings Inc AFRM.O: Susquehanna raises PT to $105 from $76 |
* Affirm Holdings Inc AFRM.O: TD Cowen raises target price to $115 from $90 |
* Affirm Holdings Inc AFRM.O: UBS raises target price to $85 from $56 |
* Ambarella Inc AMBA.O: BofA Global Research raises price objective to $90 from $63 |
* Ambarella Inc AMBA.O: Morgan Stanley raises target price to $96.00 from $80.00 |
* Ambarella Inc AMBA.O: Needham raises target price to $100 from $90 |
* Ambarella Inc AMBA.O: Northland Capital raises target price to $95 |
* Ambarella Inc AMBA.O: Rosenblatt Securities raises target price to $100 from $95 |
* Ambarella Inc AMBA.O: Susquehanna raises target price to $100 from $90 |
* Astera Labs Inc ALAB.O: Morgan Stanley raises target price to $200.00 from $155.00 |
* Autodesk Inc ADSK.O: Baird raises target price to $363 from $345 |
* Autodesk Inc ADSK.O: Barclays raises target price to $385 from $355 |
* Autodesk Inc ADSK.O: JP Morgan raises target price to $319 from $296 |
* Autodesk Inc ADSK.O: Macquarie raises target price to $380 from $360 |
* Autodesk Inc ADSK.O: Mizuho raises target price to $375 from $350 |
* Autodesk Inc ADSK.O: Oppenheimer raises target price to $375 from $350 |
* Autodesk Inc ADSK.O: Piper Sandler raises target price to $373 from $361 |
* Autodesk Inc ADSK.O: RBC raises target price to $380 from $345 |
* Autodesk Inc ADSK.O: Rosenblatt Securities raises target price to $355 from $345 |
* Autodesk Inc ADSK.O: UBS raises target price to $385 from $370 |
* Bath & Body Works Inc BBWI.N: Barclays raises target price to $32 from $30 |
* Bath & Body Works Inc BBWI.N: Jefferies raises target price to $32 from $30 |
* Bath & Body Works Inc BBWI.N: UBS cuts target price to $32 from $36 |
* Best buy Co Inc BBY.N: BofA Global Research cuts price objective to $60 from $63 |
* Best Buy Co Inc BBY.N: JP Morgan raises target price to $89 from $88 |
* Best buy Co Inc BBY.N: Truist Securities raises target price to $72 from $69 |
* Bridgebio Pharma Inc BBIO.O: H.C. Wainwright raises target price to $70 from $56 |
* Build-A-Bear Workshop Inc BBW.N: D.A. Davidson raises target price to $85 from $64 |
* Build-A-Bear Workshop Inc BBW.N: Northland Capital raises target price to $80 |
* Burlington Stores Inc BURL.N: Barclays raises target price to $336 from $299 |
* Burlington Stores Inc BURL.N: BofA Global Research raises PO to $363 from $350 |
* Burlington Stores Inc BURL.N: Citigroup raises target price to $358 from $340 |
* Burlington Stores Inc BURL.N: Jefferies raises target price to $350 from $300 |
* Burlington Stores Inc BURL.N: JP Morgan raises target price to $348 from $338 |
* Burlington Stores Inc BURL.N: Morgan Stanley raises PT to $328.00 from $309.00 |
* Burlington Stores Inc BURL.N: UBS raises target price to $430 from $390 |
* Burlington Stores Inc BURL.N: Wells Fargo raises target price to $330 from $300 |
* Campbell'S Co CPB.O: UBS cuts target price to $30 from $33 |
* Cheniere Energy Inc LNG.N: Mizuho raises target price to $273 from $268 |
* Ciena Corp CIEN.N: Rosenblatt Securities raises target price to $100 from $78 |
* Crocs Inc CROX.O: Needham raises target price to $100 from $89 |
* Dell Technologies Inc DELL.N: Barclays raises target price to $131 from $123 |
* Dell Technologies Inc DELL.N: BofA Global Research raises price objective to $167 from $165 |
* Dell Technologies Inc DELL.N: Melius Research raises target price to $172 from $170 |
* Dell Technologies Inc DELL.N: TD Cowen raises target price to $130 from $125 |
* Dell Technologies Inc DELL.N: UBS raises target price to $155 from $145 |
* Dick's Sporting Goods DKS.N: Morgan Stanley raises target price to $253 from $232 |
* Dick's Sporting Goods Inc DKS.N: BofA Global Research cuts PO to $240 from $245 |
* Dick's Sporting Goods Inc DKS.N: D.A. Davidson raises target price to $250 from $230 |
* Dick's Sporting Goods Inc DKS.N: Jefferies raises target price to $216 from $186 |
* Dick's Sporting Goods Inc DKS.N: JP Morgan raises target price to $235 from $195 |
* Dick's Sporting Goods Inc DKS.N: Truist Securities raises PT to $248 from $230 |
* Dick's Sporting Goods Inc DKS.N: UBS raises target price to $275 from $225 |
* Dick's Sporting Goods Inc DKS.N: Wells Fargo raises target price to $220 from $215 |
* Dollar General Corp DG.N: Barclays raises target price to $127 from $119 |
* Dollar General Corp DG.N: HSBC raises target price to $127 from $113 |
* Dollar General Corp DG.N: Piper Sandler raises target price to $117 from $115 |
* Dollar General Corp DG.N: Telsey Advisory Group raises target price to $123 from $120 |
* Dollar General Corp DG.N: Truist Securities raises target price to $120 from $119 |
* Dollar General Corp DG.N: UBS raises target price to $135 from $128 |
* Dollar General Corp DG.N: Morgan Stanley raises target price to $125 from $115 |
* Dollar Tree DLTR.O: Telsey Advisory Group raises target price to $130 from $100 |
* Dollar Tree DLTR.O: Telsey Advisory Group raises to outperform from market perform |
* Donaldson Company Inc DCI.N: Jefferies raises target price to $86 from $75 |
* DT Midstream Inc DTM.N: Mizuho raises target price to $108 from $105 |
* Echostar Corp SATS.O: Citigroup raises target price to $67 from $28.5 |
* Elastic NV ESTC.N: Stifel raises target price to $134 from $112 |
* Elastic NV ESTC.N: UBS raises target price to $125 from $95 |
* Equity Residential EQR.N: Truist Securities cuts target price to $75 from $78 |
* Gap Inc GAP.N: BofA Global Research raises price objective to $23 from $21 |
* Gap Inc GAP.N: Jefferies cuts target price to $22 from $26 |
* Gap Inc GAP.N: JP Morgan raises target price to $32 from $29 |
* Gap Inc GAP.N: Wells Fargo cuts target price to $22 from $24 |
* Genesco Inc GCO.N: Jefferies raises target price to $29 from $24 |
* Genesco Inc GCO.N: Truist Securities raises target price to $31 from $25 |
* Hormel Foods Corp HRL.N: BofA Global Research cuts price objective to $28 from $35 |
* Hormel Foods Corp HRL.N: JP Morgan cuts target price to $30 from $34 |
* Hormel Foods Corp HRL.N: Piper Sandler cuts target price to $26 from $33 |
* Hormel Foods Corp HRL.N: Stephens cuts target price to $27 from $31 |
* Hormel Foods Corp. HRL.N: Barclays cuts target price to $34 from $36 |
* Howard Hughes HHH.N: JP Morgan raises target price to $85 from $76 |
* Kinetik Holdings Inc KNTK.N: Mizuho cuts target price to $53 from $57 |
* Kyverna Therapeutics Inc KYTX.O: H.C. Wainwright raises target price to $10 from $5 |
* Lowe's Companies Inc LOW.N: Mizuho raises target price to $285 from $280 |
* Marvell Technology Group Ltd MRVL.O: Morgan Stanley cuts PT to $76.00 from $80.00 |
* Marvell Technology Inc MRVL.O: BofA Global Research cuts PO to $78 from $90 |
* Marvell Technology Inc MRVL.O: BofA Global Research cuts to neutral from buy |
* Marvell Technology Inc MRVL.O: Citigroup cuts target price to $92 from $96 |
* Marvell Technology Inc MRVL.O: Jefferies cuts target price to $80 from $90 |
* Marvell Technology Inc MRVL.O: JP Morgan cuts target price to $120 from $130 |
* Marvell Technology Inc MRVL.O: Melius Research cuts target price to $70 from $76 |
* Marvell Technology Inc MRVL.O: Needham cuts target price to $80 from $85 |
* Marvell Technology Inc MRVL.O: Rosenblatt Securities cuts PT to $95 from $124 |
* Marvell Technology Inc MRVL.O: Susquehanna cuts target price to $80 from $90 |
* Marvell Technology Inc MRVL.O: UBS cuts target price to $95 from $110 |
* Neogenomics Inc NEO.O: Needham raises target price to $14 from $8 |
* Ollie'S Bargain Outlet Holdings OLLI.O: BofA Global Research raises PO to $145 from $130 |
* Ollie's Bargain Outlet Holdings OLLI.O: Citigroup raises PT to $154 from $133 |
* Ollie's Bargain Outlet Holdings OLLI.O: Jefferies raises PT to $135 from $111 |
* Ollie's Bargain Outlet Holdings OLLI.O: RBC raises target price to $149 from $144 |
* Ollie'S Bargain Outlet Holdings OLLI.O: UBS raises target price to $140 from $125 |
* Ollie'S Bargain Outlet Holdings OLLI.O: Morgan Stanley raises PT to $145 from $118 |
* ONEOK Inc OKE.N: Mizuho cuts target price to $82 from $87 |
* Outlook Therapeutics Inc OTLK.O: H.C. Wainwright cuts to neutral from buy |
* Parker-Hannifin Corp PH.N: TD Cowen raises target price to $650 from $575 |
* Petco Health and Wellness Company Inc WOOF.O: UBS raises PT to $3.7 from $3.25 |
* Phibro Animal Health Corp PAHC.O: BofA Global Research raises PO to $27 from $19 |
* Phibro Animal Health Corp PAHC.O: Morgan Stanley raises PT to $34.00 from $26.00 |
* Pure Storage Inc PSTG.N: Barclays raises target price to $70 from $57 |
* Salesforce Inc CRM.N: Citigroup cuts target price to $275 from $295 |
* ScPharmaceuticals Inc SCPH.O: H.C. Wainwright cuts target price to $5.35 from $18 |
* ScPharmaceuticals Inc SCPH.O: H.C. Wainwright cuts to neutral from buy |
* Sentinelone Inc S.N: Barclays raises target price to $21 from $19 |
* Sentinelone Inc S.N: Jefferies raises target price to $25 from $23 |
* Sentinelone Inc S.N: Needham raises target price to $23 from $22 |
* Sentinelone Inc S.N: Scotiabank raises target price to $21 from $18 |
* Sentinelone Inc S.N: UBS raises target price to $21 from $19 |
* ServiceTitan Inc TTAN.O: Raymond James initiates coverage with market perform rating |
* Snowflake Inc SNOW.N: Macquarie raises target price to $235 from $210 |
* Southwest Gas Holdings Inc SWX.N: BofA Global Research raises PO to $84 from $76 |
* Southwest Gas Holdings Inc SWX.N: BofA Global Research raises to buy from neutral |
* Stride Inc LRN.N: Barrington Research raises target price to $185 from $170 |
* Targa Resources Corp TRGP.N: Mizuho cuts target price to $207 from $212 |
* Ulta Beauty Inc ULTA.O: BofA Global Research raises PO to $575 from $500 |
* Ulta Beauty Inc ULTA.O: Canaccord Genuity raises target price to $650 from $630 |
* Ulta Beauty Inc ULTA.O: D.A. Davidson raises target price to $625 from $585 |
* Ulta Beauty Inc ULTA.O: Morgan Stanley raises target price to $600.00 from $550.00 |
* Ulta Beauty Inc ULTA.O: TD Cowen raises target price to $600 from $550 |
* Ulta Beauty Inc ULTA.O: UBS raises target price to $680 from $640 |
* Ulta Beauty Inc ULTA.O: Wells Fargo raises target price to $425 from $400 |
* Viant Technology Inc DSP.O: D.A. Davidson initiates coverage with buy rating; PT $15 |
* Victoria'S Secret & Co VSCO.N: Barclays raises target price to $27 from $23 |
* Victoria'S Secret & Co VSCO.N: Barclays raises target price to $27 from $23 |
* Victoria'S Secret & Co VSCO.N: BofA Global Research raises PO to $21 from $18 |
* Victoria'S Secret & Co VSCO.N: Jefferies cuts target price to $26 from $28 |
* Victoria'S Secret & Co VSCO.N: UBS raises target price to $25 from $21 |
* Victoria'S Secret & Co VSCO.N: Wells Fargo raises target price to $17 from $14 |
* Vital Energy Inc VTLE.N: Texas Capital Securities cuts target price to $18 from $52 |
* Vital Energy Inc VTLE.N: Texas Capital Securities cuts to hold from buy |
* X4 Pharmaceuticals Inc XFOR.O: Stifel cuts target price to $9 from $30 |
Related Articles
U.S. July PCE and Q2 GDP Commentary: Core Inflation Remains the Key Focus for the U.S. Stock Market Outlook
TradingKey - On 28–29 August 2025, the U.S. released inflation and growth data. The July headline PCE rose by 0.2% month-over-month and 2.6% year-over-year, while core PCE increased by 0.3% month-over-month and 2.9% year-over-year, both aligning with market expectations. On the growth front, the...
Who Smokes Whom? Altria and Philip Morris International for Tobacco Supremacy
TradingKey - As a U.S. tobacco giant, Altria dominates the cigarette market through subsidiaries like Philip Morris USA but faces severe challenges from declining sales and competition from illicit e-cigarettes..jpg)
Bitcoin Tumbles Nearly 5% in August — Can September Turn the Tide?
Ancient whale wallets dumped Bitcoin throughout August, sending its price on a roller-coaster ride. With September’s Federal Reserve meeting on the horizon, traders are asking: can Fed action spark a BTC rebound?
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
Why a 50-Basis-Point Rate Cut in September Should Worry Investors? Risks and Fed Independence Loom Large
TradingKey - After the release of the July nonfarm payrolls and CPI reports, markets have all but locked in expectations for the Federal Reserve to restart rate cuts in September, but the magnitude of the cut remains uncertain. U.S. Treasury Secretary Scott Bessent has called for a 50-basis-point
