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U.S. RESEARCH ROUNDUP-Adobe, KLA, Ulta Beauty

ReutersMar 13, 2026 12:26 PM

- Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adobe, KLA and Ulta Beauty on Friday.

HIGHLIGHTS

Adobe Inc ADBE.O: D.A. Davidson cuts target price to $300 from $500

Cigna CI.N: Bernstein raises target price to $358 from $307

KLA Corp KLAC.O: Jefferies cuts target price to $1700 from $1850

M&T Bank Corp MTB.N: Jefferies cuts target price to $250 from $265

Ulta Beauty Inc ULTA.O: Piper Sandler cuts target price to $725 from $775

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

Abacus Global Management Inc ABX.N: Piper Sandler cuts to neutral from overweight

Adobe Inc ADBE.O: Deutsche Bank raises target price to $25 from $24

Adobe Inc ADBE.O: Baird cuts target price to $270 from $350

Adobe Inc ADBE.O: Bernstein cuts target price to $447 from $506

Adobe Inc ADBE.O: BMO cuts target price to $285 from $375

Adobe Inc ADBE.O: D.A. Davidson cuts target price to $300 from $500

Adobe Inc ADBE.O: JP Morgan cuts target price to $420 from $520

Adobe Inc ADBE.O: Melius Research cuts target price to $255 from $270

Adobe Inc ADBE.O: Mizuho cuts target price to $315 from $340

Adobe Inc ADBE.O: Morgan Stanley cuts target price to $365 from $425

Adobe Inc ADBE.O: Piper Sandler cuts target price to $280 from $330

Adobe Inc ADBE.O: Stifel cuts target price to $400 from $450

Adobe Inc ADBE.O: TD Cowen cuts target price to $310 from $325

Adobe Inc ADBE.O: Barclays cuts target price to $275 from $335

Adobe Inc ADBE.O: Morgan Stanley cuts target price to $365 from $425

Adobe Inc ADBE.O: Wells Fargo cuts target price to $330 from $405

Agree Realty Corp ADC.N: Barclays raises target price to $81 from $78

Alcoa Corp AA.N: JP Morgan raises target price to $68 from $50

Alcoa Corp AA.N: JP Morgan raises to neutral from underweight

American Healthcare REIT AHR.N: Truist Securities raises target price to $57 from $52

Antero Midstream Corporation AM.N: Wells Fargo raises target price to $23 from $21

Archrock, Inc. AROC.N: Wells Fargo raises target price to $40 from $39

BSR Real Estate Investment Trust HOMu.TO: Raymond James cuts to market perform from outperform

BSR Real Estate Investment Trust HOMu.TO: Raymond James cuts target to $12.50 from $14

BSR Real Estate Investment Trust HOMu.TO: RBC cuts target price to $13 from $14.50

BSR Real Estate Investment Trust HOMu.TO: RBC cuts to sector perform from outperform

CBRE Group Inc CBRE.N: Barclays cuts target price to $174 from $192

CF Industries Holdings Inc CF.N: Wells Fargo raises target price to $150 from $113

Cheniere Energy Partners L.P. CQP.N: Wells Fargo cuts target price to $54 from $56

Cheniere Energy Inc LNG.N: Wells Fargo cuts target price to $271 from $280

Cigna CI.N: Bernstein raises to outperform from market perform

Cigna CI.N: Bernstein raises target price to $358 from $307

Cion Investment Corporation CION.N: Wells Fargo cuts target price to $7 from $8.5

Circle Internet Group Inc CRCL.N: Mizuho raises target price to $120 from $100

Cognizant CTSH.O: TD Cowen cuts target price to $71 from $85

CVS Health Corp CVS.N: Bernstein raises to outperform from market perform

CVS Health Corp CVS.N: Bernstein raises target price to $94 from $91

Dick's Sporting Goods Inc DKS.N: Barclays raises target price to $264 from $242

Dick's Sporting Goods Inc DKS.N: Jefferies raises target price to $210 from $208

Dick's Sporting Goods Inc DKS.N: Telsey Advisory Group cuts target to $240 from $245

Dick's Sporting Goods Inc DKS.N: Truist Securities cuts target price to $252 from $275

Dick's Sporting Goods, Inc. DKS.N: Barclays raises target price to $264 from $242

Dollar General DG.N: Deutsche Bank cuts target price to $170 from $173

Dollar General Corp DG.N: Jefferies cuts target price to $170 from $178

Dollar General Corp DG.N: Truist Securities cuts target price to $139 from $144

Dollar General Corporation DG.N: Morgan Stanley cuts target to $150 from $160

Dow Inc. DOW.N: Wells Fargo raises target price to $45 from $30

DT Midstream, Inc. DTM.N: Wells Fargo raises target price to $165 from $150

El Pollo Loco Holdings Inc LOCO.O: Benchmark raises to buy from hold

Elicio Therapeutics, Inc. ELTX.O: H.C. Wainwright raises target price to $17 from $13

Energy Transfer LP ET.N: Wells Fargo raises target price to $25 from $23

Enterprise Products Partners L.P. EPD.N: Wells Fargo raises target to $40 from $38

Erasca, Inc. ERAS.O: H.C. Wainwright raises target price to $20 from $15

Factset FDS.N: Deutsche Bank cuts target price to $275 from $335

Fifth Third Bancorp FITB.O: Truist Securities cuts target price to $53 from $60

Gaming & Leisure Properties Inc GLPI.O: Barclays cuts target price to $52 from $53

Hess Midstream LP HESM.N: Wells Fargo raises target price to $40 from $39

Jones Lang LaSalle Inc. JLL.N: Barclays cuts target price to $355 from $360

Kimberly-Clark KMB.O: Piper Sandler cuts target price to $114 from $133

Kinder Morgan Inc KMI.N: Wells Fargo raises target price to $35 from $34

Kinetik Holdings Inc KNTK.N: Wells Fargo raises target price to $47 from $44

KLA Corp KLAC.O: Bernstein raises target price to $1835 from $1750

KLA Corp KLAC.O: Jefferies cuts target price to $1700 from $1850

Knight-Swift Transportation Holdings KNX.N: Citigroup raises to buy from neutral

Lyft Inc LYFT.O: zephirin Group cuts price objective by $1 to $16

M&T Bank Corp MTB.N: Jefferies cuts target price to $250 from $265

Mastec Inc MTZ.N: Jefferies raises target price to $348 from $271

MPLX LP MPLX.N: Wells Fargo raises target price to $63 from $59

Newmark Group NMRK.O: Barclays cuts target price to $19 from $21

Olin Corporation OLN.N: Wells Fargo raises target price to $25 from $21

Ollie's Bargain Outlet Holdings OLLI.O: Truist Securities cuts PT to $135 from $142

Ollie's Bargain Outlet Holdings Inc OLLI.O: Wells Fargo raises PT to $130 from $120

Once upon a Farm OFRM.N: Deutsche Bank cuts target price to $22 from $25

Oneok, Inc. OKE.N: Wells Fargo raises target price to $81 from $79

Oruka Therapeutics ORKA.O: Barclays raises target price to $50 from $48

Oruka Therapeutics ORKA.O: Stifel raises target price to $72 from $47

Pagerduty Inc PD.N: TD Cowen cuts target price to $10 from $20

Paychex Inc PAYX.O: BMO cuts target price to $103 from $121

Plains All American Pipeline L.P. PAA.O: Wells Fargo raises target to $22 from $21

Plains GP Holdings L.P. PAGP.O: Wells Fargo raises target price to $22 from $21

Realty Income Corp O.N: Barclays raises target price to $65 from $64

Rubrik Inc RBRK.N: BMO cuts target price to $70 from $105

Rubrik Inc RBRK.N: D.A. Davidson raises target price to $70 from $65

Rubrik Inc RBRK.N: Wells Fargo cuts target price to $90 from $125

Sentinelone S.N: Deutsche Bank cuts target price to $17 from $18

Sentinelone Inc S.N: Bernstein cuts target price to $19 from $21

Sentinelone Inc S.N: JP Morgan cuts target price to $16 from $17

Sentinelone Inc S.N: Raymond James cuts target price to $18 from $25

Sentinelone Inc S.N: Stephens cuts target price to $18 from $20

Sentinelone Inc S.N: Morgan Stanley cuts target price to $17 from $18

Sentinelone Inc S.N: Wells Fargo raises target price to $14 from $13

Servicetitan Inc TTAN.O: BMO cuts target price to $92 from $108

Servicetitan Inc TTAN.O: Canaccord Genuity cuts target price to $105 from $140

Servicetitan Inc TTAN.O: Morgan Stanley cuts target price to $118 from $131

Servicetitan Inc TTAN.O: Needham cuts target price to $100 from $140

Servicetitan Inc TTAN.O: Stifel cuts target price to $125 from $145

Servicetitan Inc TTAN.O: TD Cowen raises target price to $135 from $130

Servicetitan Inc TTAN.O: Truist Securities cuts target price to $100 from $130

Servicetitan Inc TTAN.O: Wells Fargo cuts target price to $115 from $125

Sunbelt Rentals Holdings SUNB.N: Barclays maintains target price at $82

Sunbelt Rentals Holdings SUNB.N: Barclays maintains target price at $82

Sunoco LP SUN.N: Wells Fargo raises target price to $71 from $67

Targa Resources Corp TRGP.N: Wells Fargo raises target price to $264 from $248

The Williams Companies Inc WMB.N: Wells Fargo raises target price to $89 from $80

TIC Solutions Inc TIC.N: JP Morgan cuts target price to $8 from $14

TIC Solutions Inc TIC.N: JP Morgan cuts to neutral from overweight

Ulta Beauty ULTA.O: Deutsche Bank cuts target price to $748 from $766

Ulta Beauty Inc ULTA.O: Jefferies cuts target price to $635 from $720

Ulta Beauty Inc ULTA.O: JP Morgan cuts target price to $750 from $800

Ulta Beauty Inc ULTA.O: Morgan Stanley cuts target price to $700 from $750

Ulta Beauty Inc ULTA.O: Piper Sandler cuts target price to $725 from $775

Ulta Beauty Inc ULTA.O: TD Cowen cuts target price to $750 from $775

Ulta Beauty Inc ULTA.O: Wells Fargo cuts target price to $475 from $500

Verizon VZ.N: Raymond James raises target price to $56 from $50

Viavi Solutions Inc VIAV.O: Stifel raises target price to $35 from $24

Vivid Seats Inc SEAT.O: Benchmark cuts target price to $10 from $18

Waterbridge Infrastructure Llc WBI.N: Wells Fargo raises target price to $26 from $25

Western Midstream Partners, LP WES.N: Wells Fargo raises target price to $41 from $39

Westlake Corp WLK.N: Wells Fargo raises target price to $110 from $100

Whirlpool Corp WHR.N: JP Morgan cuts target price to $59 from $76

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