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U.S. RESEARCH ROUNDUP-Alphabet, Micron Technology, Microsoft

ReutersJan 20, 2026 5:18 PM

- Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, Micron Technology and Microsoft, on Tuesday.

HIGHLIGHTS

Alphabet Inc GOOG.O: Baird raises target price to $350 from $310

American Express AXP.N: HSBC raises target price to $312 from $295

PNC Financial Services PNC.N: KBW raises target price to $247 from $228

Micron Technology Inc MU.O: TD Cowen raises target price to $450 from $300

Microsoft MSFT.O: TD Cowen cuts target price to $625 from $655

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

AbbVie ABBV.N: Berenberg raises target price to $275 from $270

Abercrombie & Fitch Co ANF.N: JP Morgan cuts target price to $128 from $130

Advance Auto Parts Inc AAP.N: TD Cowen cuts target price to $46 from $62

Agilent Technologies Inc A.N: HSBC initiates coverage with buy rating and target $180

Agree Realty Corp ADC.N: Truist Securities cuts target price to $79 from $82

Alpha Metallurgical Resources AMR.N: Jefferies raises target price to $205 from $165

Alphabet Inc GOOG.O: Baird raises target price to $350 from $310

Alphabet Inc GOOGL.O: UBS raises target price to $345 from $306

Amazon AMZN.O: Scotiabank raises target price to $300 from $275

Ameren Corporation AEE.N: Wells Fargo cuts target price to $111 from $112

American Electric Power Company, Inc. AEP.O: Wells Fargo ups PT to $140 from $139

American Express AXP.N: HSBC raises target price to $312 from $295

American Express Company AXP.N: Morgan Stanley raises PT to $395 from $370

American Tower Corp AMT.N: UBS cuts target price to $254 from $260

American Water Works Company, Inc. AWK.N: Wells Fargo cuts PT to $126 from $142

Anaptysbio ANAB.O: Barclays raises target price to $78 from $55

Anglogold Ashanti Plc AU.N: Citigroup raises target price to $120 from $105

APA Corporation APA.O: Jefferies raises target price to $22 from $21

Applied Materials Inc AMAT.O: Needham raises target price to $390 from $260

Ares Management Corporation ARES.N: Oppenheimer raises PT to $224 from $190

AST Spacemobile ASTS.O: Deutsche Bank raises target price to $137 from $81

Avalonbay Communities Inc AVB.N: Deutsche Bank cuts target price to $172 from $235

Avalonbay Communities Inc AVB.N: Deutsche Bank cuts to hold from buy

Avient Corporation AVNT.N: Oppenheimer raises target price to $41 from $37

Avista Corporation AVA.N: Wells Fargo cuts target price to $37 from $38

Axalta Coating Systems Ltd AXTA.N: Citigroup raises target price to $45 from $37

Axsome Therapeutics, Inc. AXSM.O: H.C. Wainwright raises PT to $260 from $200

Bellring Brands BRBR.N: Barclays cuts target price to $30 from $32

Bentley Systems BSY.O: Oppenheimer cuts target price to $53 from $65

Biogen BIIB.O: RBC cuts target price to $217 from $220

Biomarin Pharmaceutical Inc BMRN.O: Canaccord Genuity raises PT to $98 from $84

Biomarin Pharmaceutical Inc BMRN.O: Canaccord Genuity raises to buy from hold

Biomarin Pharmaceutical Inc BMRN.O: Leerink Partners raises target to $62 from $60

Block Inc XYZ.N: Truist Securities raises target price to $72 from $68

Blue Owl Capital Inc. OWL.N: Oppenheimer raises target price to $27 from $25

BOK Financial Corp BOKF.O: Jefferies raises target price to $160 from $145

Bread Financial Holdings, Inc. BFH.N: Morgan Stanley raises target to $62 from $57

Brinker International Inc EAT.N: TD Cowen initiates with buy rating; target price $192

BWX Technologies Inc BWXT.N: Seaport Research Partners cuts to neutral from buy

BXP Inc BXP.N: BMO cuts target price to $82 from $84

BXP Inc BXP.N: Truist Securities cuts target price to $74 from $77

California Resources Corp CRC.N: Jefferies cuts target price to $62 from $68

Campbell's Co CPB.O: Barclays cuts target price to $27 from $30

Capital One COF.N: HSBC cuts target price to $226 from $234

Capital One Financial Corporation COF.N: Morgan Stanley raises PT to $300 from $280

Cardinal Infrastructure Group Inc CDNL.O: D.A. Davidson initiates with buy rating; PT $30

Caterpillar Inc. CAT.N: Oppenheimer raises target price to $700 from $645

CDW Corp CDW.O: Morgan Stanley cuts target price to $141 from $177

CDW Corp CDW.O: Morgan Stanley cuts to equal-weight from overweight

Centerpoint Energy, Inc. CNP.N: Wells Fargo raises target price to $47 from $44

CF Industries Holdings Inc CF.N: RBC raises target price to $95 from $90

Charles River Laboratories International CRL.N: Jefferies raises PT to $255 from $205

Ciena Corp CIEN.N: BofA Global Research cuts to neutral from buy

Civitas Resources Inc CIVI.N: Jefferies cuts target price to $36 from $41

Clean Harbors Inc CLH.N: Needham raises target price to $290 from $255

Clearwater Paper Corp CLW.N: Truist Securities initiates with hold rating; target $21

Clorox Company CLX.N: Barclays raises target price to $109 from $108

Cloudflare NET.N: Truist Securities cuts target price to $225 from $275

CMS Energy Corporation CMS.N: Wells Fargo cuts target price to $74 from $77

Colgate-Palmolive CL.N: Barclays raises target price to $83 from $80

Commvault Systems Inc CVLT.O: Truist Securities cuts target price to $175 from $210

Compass Inc COMP.N: Deutsche Bank raises to buy from hold; ups PT to $16 from $9

Conocophillips COP.N: JP Morgan cuts to neutral from overweight

Consolidated Edison, Inc. ED.N: Wells Fargo cuts target price to $95 from $99

Constellation Energy Corp CEG.O: Wells Fargo cuts target price to $460 from $478

Coty Inc. COTY.N: Barclays cuts target price to $3 from $3.50

Crown Castle Inc CCI.N: UBS cuts target price to $116 from $127

CubeSmart CUBE.N: Deutsche Bank cuts to hold from buy; cuts PT to $40 from $45

Curbline Properties Corp. CURB.N: Truist Securities raises PT to $27 from $24

Curbline Properties Corp. CURB.N: Truist Securities raises to buy from hold

Cytokinetics Inc CYTK.O: JP Morgan raises target price to $74 from $70

CytomX Therapeutics CTMX.O: Barclays raises target price to $8 from $6

CytomX Therapeutics Inc CTMX.O: Piper Sandler raises target price to $10 from $6.5

Delek US Holdings Inc DK.N: TD Cowen cuts target price to $28 from $36

Dell Technologies Inc DELL.N: Morgan Stanley cuts target price to $111 from $113

Devon Energy Corp DVN.N: Jefferies raises target price to $36 from $33

Diamondback Energy Inc FANG.O: Jefferies raises target price to $173 from $143

Dominion Energy, Inc. D.N: Wells Fargo cuts target price to $64 from $67

Doximity, Inc. DOCS.N: Wells Fargo cuts target price to $55 from $65

Draftkings Inc DKNG.O: Berenberg raises target price to $40.5 from $36

DTE Energy Company DTE.N: Wells Fargo cuts target price to $152 from $157

Duke Energy Corp. DUK.N: Wells Fargo cuts target price to $115 from $126

Duolingo Inc DUOL.O: JP Morgan cuts target price to $200 from $300

Dyne Therapeutics Inc DYN.O: JP Morgan cuts target price to $16 from $17

Eastgroup Properties Inc EGP.N: Truist Securities raises PT to $203 from $188

Edwards Lifesciences Corp EW.N: Piper Sandler raises target price to $98 from $95

Energizer Holdings, Inc ENR.N: Barclays raises target price to $22 from $21

Energy Fuels Inc UUUU.A: B. Riley raises target price to $27 from $22

Enersys ENS.N: Oppenheimer raises target price to $186 from $138

Entegris Inc ENTG.O: Needham raises target price to $150 from $100

Entergy ETR.N: Jefferies cuts target price to $114 from $116

Entergy ETR.N: Siebert Williams initiates coverage with buy rating; target price $109

Entergy Corp. ETR.N: Wells Fargo raises target price to $119 from $105

EQT Corp EQT.N: JP Morgan cuts target price to $58 from $64

Equity Lifestyle Properties Inc ELS.N: Deutsche Bank cuts target price to $65 from $75

Equity Lifestyle Properties Inc ELS.N: Deutsche Bank cuts to hold from buy

Equity Lifestyle Properties Inc ELS.N: Truist Securities cuts target to $66 from $68

Equity Lifestyle Properties Inc ELS.N: Truist Securities cuts to hold from buy

Equity Residential EQR.N: Deutsche Bank cuts target price to $63 from $78

Equity Residential EQR.N: Deutsche Bank cuts to hold from buy

Evergy Inc. EVRG.O: Wells Fargo raises target price to $79 from $77

Eversource Energy ES.N: Wells Fargo raises target price to $71 from $63

Everspin Technologies Inc MRAM.O: Needham raises target price to $15 from $10.5

Exelon Corporation EXC.O: Wells Fargo cuts target price to $51 from $52

Exxon Mobil XOM.N: Jefferies raises target price to $149 from $148

Exxon Mobil XOM.N: JP Morgan raises target price to $133 from $124

First Industrial Realty Trust FR.N: Truist Securities raises target to $65 from $60

FirstEnergy Corp. FE.N: Wells Fargo cuts target price to $53 from $54

Fiserv Inc FISV.O: Truist Securities cuts target price to $71 from $75

Five Below Inc FIVE.O: JP Morgan raises target price to $246 from $210

Floor & Decor Holdings Inc FND.N: TD Cowen raises target price to $80 from $77

Fortinet Inc FTNT.O: Truist Securities cuts target price to $88 from $95

Franklin Covey Co FC.N: Barrington Research raises target price to $25 from $22

Gcm Grosvenor GCMG.O: Oppenheimer raises target price to $23 from $20

Generac Holdings Inc GNRC.N: Barclays cuts target price to $186 from $197

Gilead GILD.O: RBC raises target price to $103 from $100

Goldman Sachs GS.N: BMO raises target price to $985 from $980

Hamilton Lane HLNE.O: Oppenheimer raises target price to $220 from $190

Harmony Biosciences HRMY.O: Needham raises target price to $46 from $42

Hawaiian Electric Industries Inc HE.N: Jefferies cuts target price to $12.5 from $13.5

Hawaiian Electric Industries Inc HE.N: Jefferies cuts to underperform from hold

HF Sinclair Corp DINO.N: TD Cowen cuts target price to $44 from $53

Home Depot Inc HD.N: TD Cowen raises target price to $450 from $410

Howmet Aerospace HWM.N: Jefferies raises target price to $260 from $245

HP Inc HPQ.N: Morgan Stanley cuts target price to $18 from $20

Incyte INCY.O: RBC raises target price to $95 from $92

Independence Realty Trust Inc IRT.N: Deutsche Bank cuts target price to $18 from $22

Independence Realty Trust Inc IRT.N: Deutsche Bank cuts to hold from buy

Intel INTC.O: HSBC raises to hold from reduce; raises target price to $50 from $26

Intel INTC.O: Seaport Research Partners raises to buy from neutral

Intel INTC.O: Susquehanna raises target price to $45 from $40

International Flavors & Fragrances IFF.N: Barclays raises target price to $78 from $75

J B Hunt Transport Services Inc JBHT.O: Benchmark raises PT to $220 from $212

Karyopharm Therapeutics Inc KPTI.O: RBC raises target price to $23 from $19

Kimberly-Clark Corp. KMB.O: Barclays cuts target price to $102 from $132

Kirby Corp KEX.N: Citigroup raises target price to $145 from $131

KKR KKR.N: Oppenheimer raises target price to $190 from $166

KLA Corp KLAC.O: Needham raises target price to $1,800 from $1,350

KLA Corp KLAC.O: UBS raises target price to $1635 from $1260

Lam Research LRCX.O: Needham raises target price to $250 from $160

Lam Research LRCX.O: UBS raises target price to $255 from $200

Lattice Semiconductor Corp LSCC.O: Needham raises target price to $90 from $80

Lowe's Companies Inc LOW.N: TD Cowen raises target price to $295 from $250

M&T Bank Corp MTB.N: Truist Securities raises target price to $230 from $217

MACOM Technology Solutions Holdings MTSI.O: Needham ups PT to $250 from $175

Marathon Petroleum Corp MPC.N: TD Cowen cuts target price to $183 from $195

Mastercard MA.N: Truist Securities cuts target price to $609 from $630

Merck & Co Inc MRK.N: Leerink Partners raises target price to $124.00 from $114.00

Merck & Co Inc MRK.N: TD Cowen raises target price to $120 from $100

Mercury Systems Inc MRCY.O: Jefferies raises target price to $95 from $90

Meta META.O: UBS cuts target price to $830 from $915

Micron Technology Inc MU.O: TD Cowen raises target price to $450 from $300

Microsoft MSFT.O: TD Cowen cuts target price to $625 from $655

Molson Coors Beverage Company TAP.N: Barclays raises target price to $49 from $45

Morgan Stanley MS.N: BMO raises target price to $215 from $210

Mosaic Co MOS.N: RBC raises target price to $29 from $27

National Health Investors Inc NHI.N: Deutsche Bank cuts target price to $85 from $90

National Health Investors Inc NHI.N: Deutsche Bank cuts to hold from buy

National Health Investors Inc NHI.N: Truist Securities raises PT to $85 from $83

NetApp Inc NTAP.O: Morgan Stanley cuts target price to $89 from $117

NetApp Inc NTAP.O: Morgan Stanley cuts to underweight from equal weight

New York Times Co NYT.N: Barclays raises target price to $60 from $55

Nextera Energy, Inc. NEE.N: Wells Fargo raises target price to $98 from $97

NiSource Inc. NI.N: Wells Fargo raises target price to $49 from $47

NNN REIT Inc NNN.N: Deutsche Bank raises to buy from hold; raises PT to $47 from $44

Northern Oil and Gas Inc NOG.N: Jefferies cuts target price to $32 from $34

Norwegian Cruise Line NCLH.N: JP Morgan cuts target price to $28 from $40

NRG Energy, Inc. NRG.N: Wells Fargo raises target price to $206 from $202

Occidental Petroleum Corp OXY.N: Jefferies cuts target price to $42 from $44

Olaplex Holdings, Inc. OLPX.O: Barclays raises target price to $1.75 from $1.25

Ondas Inc ONDS.O: H.C. Wainwright raises target price to $25 from $12

Ondas Inc ONDS.O: Needham raises target price to $17 from $12

Ondas Inc ONDS.O: Oppenheimer raises target price to $16 from $12

ONEOK Inc OKE.N: Jefferies initiates coverage with hold rating; target price $80

Onsemi ON.O: B. Riley raises target price to $58 from $54

Onto Innovation Inc ONTO.N: Needham raises target price to $260 from $200

Opus Genetics Inc IRD.O: BTIG initiates coverage with buy rating; target price $7

P10 Inc PX.N: Oppenheimer raises target price to $25 from $22

PayPal PYPL.O: Truist Securities cuts target price to $58 from $66

Penumbra Inc PEN.N: Canaccord Genuity cuts to hold from buy

Penumbra Inc PEN.N: Canaccord Genuity raises target price to $374 from $359

Pepsico Inc. PEP.O: Barclays raises target price to $148 from $144

PG&E Corporation PCG.N: Wells Fargo raises target price to $24 from $23

Phillips 66 PSX.N: TD Cowen raises target price to $151 from $145

Pinnacle West Capital Corporation PNW.N: Wells Fargo cuts PT to $91 from $92

Pinterest PINS.N: UBS cuts target price to $40 from $48

Pinterest PINS.N: zephirin Group cuts price objective by $5 to $21

PNC Financial Services PNC.N: KBW raises target price to $247 from $228

PNC Financial Services PNC.N: TD Cowen raises target price to $260 from $250

PNC Financial Services PNC.N: Truist Securities raises target price to $240 from $229

PNC Financial Services PNC.N: Oppenheimer raises target price to $284 from $268

Portland General Electric Company POR.N: Wells Fargo raises PT to $49 from $45

Postal Realty Trust Inc PSTL.N: Truist Securities raises target price to $20 from $18

Postal Realty Trust Inc PSTL.N: Truist Securities raises to buy from hold

PPL Corporation PPL.N: Wells Fargo cuts target price to $41 from $45

Procter & Gamble PG.N: Barclays raises target price to $155 from $151

Prologis Inc PLD.N: Truist Securities raises target price to $142 from $131

Public Service Enterprise Group Inc PEG.N: Wells Fargo raises target to $92 from $88

Public Storage PSA.N: Deutsche Bank cuts to hold from buy; cuts PT to $285 from $325

Qorvo QRVO.O: UBS cuts target price to $87 from $108

Ramaco Resources Inc METC.O: Jefferies cuts target price to $30 from $33

Ramaco Resources Inc METC.O: Jefferies raises to buy from hold

Rapid7 Inc RPD.O: Truist Securities cuts target price to $14 from $18

Rapt Therapeutics Inc RAPT.O: Piper Sandler cuts target price to $58 from $95

Rapt Therapeutics Inc RAPT.O: Piper Sandler cuts to neutral from overweight

Realty Income Corp O.N: Deutsche Bank raises target price to $69 from $62

Realty Income Corp O.N: Deutsche Bank raises to buy from hold

Regency Centers Corp REG.O: Deutsche Bank raises target price to $83 from $76

Regency Centers Corp REG.O: Deutsche Bank raises to buy from hold

Regeneron Pharmaceuticals Inc REGN.O: RBC cuts target price to $745 from $766 -

Regions Financial RF.N: KBW cuts to market perform from outperform

Republic Services Inc. RSG.N: Barclays cuts target price to $236 from $237

Revolution Medicines Inc RVMD.O: Guggenheim raises target price to $160 from $92

Revolution Medicines Inc RVMD.O: Needham raises target price to $150 from $72

RH RH.N: TD Cowen raises target price to $265 from $200

Rocket Lab Corp RKLB.O: BofA Global Research raises price objective to $120 from $60

Rockwell Automation ROK.N: Oppenheimer cuts to perform from outperform

Rogers Corp ROG.N: B. Riley raises target price to $127 from $105

Rxsight Inc RXST.O: Piper Sandler raises target price to $11 from $10

Sable Offshore Corp SOC.N: Jefferies raises target price to $28 from $19

SBA Communications Corp SBAC.O: UBS cuts target price to $260 from $275

Sempra SRE.N: Wells Fargo cuts target price to $112 from $115

Semtech Corp SMTC.O: Needham raises target price to $100 from $80

Septerna, Inc. SEPN.O: H.C. Wainwright raises target price to $35 from $30

ServiceNow Inc NOW.N: TD Cowen cuts target price to $200 from $230

ServiceNow Inc NOW.N: UBS cuts target price to $170 from $200

Shift4 Payments Inc FOUR.N: Truist Securities cuts target price to $71 from $74

Simon Property Group Inc SPG.N: Deutsche Bank raises target price to $205 from $175

Simon Property Group Inc SPG.N: Deutsche Bank raises to buy from hold

SiTime Corp SITM.O: Needham raises target price to $400 from $360

Skywater Technology Inc SKYT.O: Needham raises target price to $38 from $20

Skyworks Solutions Inc SWKS.O: UBS cuts target price to $63 from $80

Soleno Therapeutics, Inc. SLNO.O: H.C. Wainwright raises PT to $120 from $110

State Street Corp STT.N: BMO cuts target price to $145 from $147

Stepstone Group Inc. STEP.O: Oppenheimer raises target price to $105 from $85

Sun Communities Inc SUI.N: Deutsche Bank raises target price to $145 from $135

Sun Communities Inc SUI.N: Deutsche Bank raises to buy from hold

Sweetgreen Inc SG.N: JP Morgan raises target price to $8 from $6

Synaptics Inc SYNA.O: Needham raises target price to $100 from $85

Synchrony Financial SYF.N: HSBC raises target price to $88 from $83

Talen Energy Corp. TLN.O: Wells Fargo raises target price to $506 from $445

Tapestry Inc TPR.N: Citigroup raises target price to $152 from $124

Tenable Holdings Inc TENB.O: Truist Securities cuts target price to $27 from $42

Texas Roadhouse Inc TXRH.O: TD Cowen initiates coverage with buy rating; PT $215

the Estée Lauder Companies EL.N: Barclays raises target price to $100 from $91

the Hershey Company HSY.N: Barclays raises target price to $210 from $188

Toast Inc TOST.N: Evercore ISI raises to outperform from in line

Tractor Supply Co TSCO.O: TD Cowen cuts target price to $55 from $62

Trade Desk Inc TTD.O: BofA Global Research cuts price objective to $40 from $49

Trade Desk Inc TTD.O: UBS cuts target price to $50 from $82

TransDigm Group Inc TDG.N: Jefferies raises target price to $1635 from $1525

Tyler Technologies Inc TYL.N: Baird cuts target price to $600 from $660

UDR Inc UDR.N: Truist Securities raises to buy from hold; raises PT to $42 from $41

Ul Solutions Inc ULS.N: UBS cuts target price to $85 from $96

Ulta Beauty Inc ULTA.O: Oppenheimer raises target price to $750 from $675

Ultra Clean Holdings Inc UCTT.O: Needham raises target price to $50 from $35

Urban Outfitters Inc URBN.O: JP Morgan cuts target price to $94 from $96

Valero Energy Corp VLO.N: TD Cowen raises target price to $170 from $165

Varonis Systems Inc VRNS.O: Truist Securities cuts target price to $42 from $50

Verisign, Inc VRSN.O: Baird cuts target price to $305 from $325

Verizon VZ.N: Moffettnathanson raises target price to $49 from $47

VF Corp VFC.N: JP Morgan raises target price to $17 from $14

Via Transportation Inc VIA.N: Morgan Stanley cuts target price to $41 from $53

Vicor Corp VICR.O: Needham raises target price to $180 from $90

Visa Inc V.N: Truist Securities cuts target price to $374 from $392

Vistra Corp. VST.N: Wells Fargo cuts target price to $236 from $238

Vitesse Energy Inc VTS.N: Jefferies raises target price to $33 from $32

Voyager Technologies Inc VOYG.N: Jefferies raises target price to $45 from $40

VSE Corp VSEC.O: Jefferies raises target price to $245 from $215

W R Berkley Corp WRB.N: TD Cowen cuts to sell from hold; cuts target to $55 from $77

WaFd Inc WAFD.O: KBW raises target price to $34 from $31

Warrior Met Coal Inc HCC.N: Jefferies raises target price to $120 from $95

Waste Management Inc. WM.N: Barclays cuts target price to $265 from $266

WEC Energy Group, Inc. WEC.N: Wells Fargo cuts target price to $117 from $124

Western Digital Corp WDC.O: BofA Global Research raises PT to $257 from $197

Western Digital Corp WDC.O: Rosenblatt Securities raises PT to $270 from $165

Western Digital Corp WDC.O: UBS raises target price to $230 from $145

Williams-Sonoma Inc WSM.N: TD Cowen raises target price to $245 from $210

Woodward Inc WWD.O: Jefferies raises target price to $385 from $375

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