March 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Alnylam Pharmaceuticals, Cogent Biosciences and Summit Therapeutics on Monday.
HIGHLIGHTS
Adobe Inc ADBE.O: Argus Research cuts to hold from buy |
Alnylam Pharmaceuticals Inc ALNY.O: Jefferies assumes coverage with hold vs buy rating |
Cogent Biosciences Inc COGT.O: Jefferies assumes coverage with buy rating |
Qualcomm QCOM.O: Seaport Research Partners cuts to sell from neutral |
Summit Therapeutics Inc SMMT.O: Jefferies cuts to hold from buy |
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock entries are in alphabetical order.
Abivax SA ABVX.O: Jefferies initiates coverage with buy rating; price target $160 |
Adobe Inc ADBE.O: Argus Research cuts to hold from buy |
Adobe Inc ADBE.O: Citigroup cuts target price to $278 from $315 |
Alamo Group Inc ALG.N: William Blair initiates coverage with outperform rating |
Alaska Air Group Inc ALK.N: UBS cuts target price to $60 from $77 |
Alcoa Corp AA.N: Citigroup raises target price to $76 from $54 |
Allegiant Travel Co ALGT.O: UBS cuts target price to $90 from $102 |
Alnylam Pharmaceuticals Inc ALNY.O: Jefferies assumes coverage with hold vs buy rating |
Alnylam Pharmaceuticals Inc ALNY.O: Jefferies assumes coverage with PT $330 vs $522 |
American Airlines Group Inc AAL.O: UBS cuts target price to $15 from $21 |
American Airlines Group Inc AAL.O: Wells Fargo cuts target price to $12 from $17 |
American Express Co AXP.N: BTIG cuts target price to $285 from $328 |
American Public Education Inc APEI.O: Truist Securities raises PT to $55 from $38 |
Antero Resources AR.N: Barclays raises target price to $43 from $41 |
APA Corporation APA.O: Barclays raises target price to $28 from $24 |
Archrock Inc AROC.N: RBC raises target price to $40 from $32 |
Bellring Brands Inc BRBR.N: Jefferies cuts target price to $28 from $38 |
Brunswick Corp BC.N: JP Morgan raises target price to $78 from $73 |
Buckle Inc BKE.N: UBS cuts target price to $53 from $55 |
Builders Firstsource Inc BLDR.N: Stifel cuts target price to $93 from $115 |
CACI International Inc CACI.N: Jefferies raises target price to $690 from $670 |
Cadre Holdings Inc CDRE.N: Jefferies cuts target price to $45 from $55 |
California Resources Corp CRC.N: BofA Global Research raises PT to $76 from $65 |
California Resources Corp CRC.N: Barclays raises target price to $72 from $67 |
Chargepoint Holdings Inc CHPT.N: UBS cuts target price to $7 from $9 |
Chevron Corp CVX.N: Jefferies raises target price to $227 from $189 |
Chevron Corporation CVX.N: Barclays raises target price to $180 from $172 |
Chord Energy Corp CHRD.O: BofA Global Research raises price objective to $140 from $118 |
Chord Energy Corporation CHRD.O: Wells Fargo raises target price to $136 from $109 |
CNX Resources Corp CNX.N: Barclays raises target price to $36 from $35 |
Coca-Cola Co KO.N: Jefferies raises target price to $90 from $87 |
Cogent Biosciences Inc COGT.O: Jefferies assumes coverage with buy rating |
Cogent Biosciences Inc COGT.O: Jefferies assumes coverage with price target $55 vs $48 |
Cognex Corp CGNX.O: Barclays raises target price to $64 from $61 |
Conocophillips COP.N: Barclays raises target price to $128 from $118 |
Conocophillips COP.N: BofA Global Research raises price objective to $120 from $102 |
Coterra Energy CTRA.N: Barclays raises target price to $37 from $34 |
Cytomx Therapeutics Inc CTMX.O: JP Morgan raises to overweight from neutral |
Cytomx Therapeutics Inc CTMX.O: JP Morgan raises target price to $12 from $7 |
Cytomx Therapeutics Inc CTMX.O: H.C. Wainwright raises target price to $17 from $10 |
Delta Air Lines Inc DAL.N: UBS cuts target price to $83 from $87 |
Delta Air Lines Inc DAL.N: Wells Fargo cuts target price to $75 from $87 |
Design Therapeutics Inc DSGN.O: Jefferies initiates coverage with buy rating |
Design Therapeutics Inc DSGN.O: Jefferies initiates coverage with price target $15 |
Devon Energy Corp DVN.N: BofA Global Research raises price objective to $53 from $46 |
Devon Energy Corporation DVN.N: Barclays raises target price to $54 from $52 |
Diamondback Energy FANG.O: Barclays raises target price to $190 from $185 |
Diamondback Energy Inc FANG.O: BofA Global Research raises PT to $202 from $180 |
Diamondback Energy Inc FANG.O: Wells Fargo raises target price to $202 from $171 |
Digimarc Corp DMRC.O: Needham cuts target price to $10 from $20 |
Draftkings Inc DKNG.O: UBS cuts target price to $43 from $53 |
Ecolab Inc ECL.N: Berenberg raises to buy from hold; raises PT to $326 from $300 |
EOG Resources Inc EOG.N: BofA Global Research raises price objective to $135 from $125 |
EOG Resources Inc EOG.N: Barclays raises target price to $140 from $133 |
EOG Resources Inc EOG.N: Wells Fargo raises target price to $155 from $127 |
EQT Corporation EQT.N: Barclays raises target price to $69 from $67 |
Expand Energy EXE.O: Barclays raises target price to $127 from $125 |
Exxon Mobil XOM.N: Barclays raises target price to $163 from $145 |
Exxon Mobil XOM.N: Jefferies raises target price to $178 from $149 |
Fifth Third Bancorp FITB.O: JP Morgan resumes coverage with overweight rating |
Fifth Third Bancorp FITB.O: JP Morgan resumes coverage with target price $50.5 vs $45 |
Frontier Group Holdings Inc ULCC.O: UBS cuts target price to $4 from $6 |
General Mills GIS.N: Barclays cuts target price to $43 from $46 |
Hain Celestial HAIN.O: Barclays cuts target price to $0.5 from $1.5 |
Hain Celestial HAIN.O: Barclays cuts to underweight from equal-weight |
Harvard Bioscience Inc HBIO.O: Benchmark raises target price to $6 from $0.60 |
Hims & Hers Health Inc HIMS.N: Leerink Partners raises target price to $25 from $17.5 |
Humana HUM.N: Bernstein cuts target price to $211 from $344 |
Impinj Inc PI.O: Barclays cuts target price to $169 from $175 |
Incyte INCY.O: Jefferies assumes coverage with hold vs buy rating; PT $94 vs $120 |
Insmed Inc INSM.O: Jefferies assumes coverage with buy rating; price target $228 vs $219 |
Intuit Inc INTU.O: Exane BNP Paribas raises to neutral from underperform |
Jade Biosciences Inc JBIO.O: BTIG raises target price to $39 from $28 |
JetBlue Airways Corp JBLU.O: UBS cuts target price to $3.5 from $4 |
Kindercare Learning Companies Inc KLC.N: Barclays cuts target price to $2 from $6 |
Kindercare Learning Companies Inc KLC.N: Barclays cuts to underweight from equal weight |
Kinetik Holdings Inc KNTK.N: UBS cuts target price to $48 from $49 |
Kohls KSS.N: Citigroup cuts target price to $14 from $20 |
Kymera Therapeutics Inc KYMR.O: Jefferies assumes coverage with buy rating |
Kymera Therapeutics Inc KYMR.O: Jefferies assumes coverage with PT $110 vs $122 |
Lennar Corp LEN.N: Truist Securities cuts target price to $95 from $110 |
Lennar Corp LEN.N: UBS cuts target price to $107 from $122 |
Lennar Corp LEN.N: Barclays cuts target price to $85 from $88 |
Lennar Corporation LEN.N: Wells Fargo cuts target price to $100 from $105 |
Lifemd Inc LFMD.O: Mizuho raises to outperform from neutral; raises PT to $8 from $6 |
Macy's Inc M.N: Jefferies cuts target price to $22 from $27 |
Magnolia Oil & Gas Corp MGY.N: BofA Global Research raises PT to $33 from $28 |
Manhattan Associates Inc MANH.O: Barclays cuts target price to $236 from $237 |
Marathon Petroleum Corp MPC.N: Jefferies raises target price to $263 from $205 |
Matador Resources Co MTDR.N: BofA Global Research raises price objective to $61 from $52 |
Matador Resources Company MTDR.N: Wells Fargo raises target price to $54 from $47 |
McKesson Corp MCK.N: Argus Research raises target price to $1050 from $950 |
Medicinova Inc MNOV.O: H.C. Wainwright initiates coverage with buy rating |
Micron Technology Inc MU.O: RBC raises target price to $525 from $425 |
Molina Healthcare Inc MOH.N: Bernstein cuts target price to $173 from $224 |
Mondelez International Inc MDLZ.O: Morgan Stanley raises PT to $70.00 from $66.00 |
Monster Beverage Corporation MNST.O: Wells Fargo cuts target price to $90 from $94 |
MPLX LP MPLX.N: UBS raises target price to $73 from $64 |
Murphy Oil Corporation MUR.N: Barclays raises target price to $33 from $29 |
Murphy Oil Corporation MUR.N: Barclays raises to equal-weight from underweight |
National Beverage Corp FIZZ.O: UBS raises target price to $35 from $34 |
Nektar Therapeutics NKTR.O: Citigroup raises target price to $123 from $102 |
Nucor Corp NUE.N: UBS raises target price to $184 from $183 |
Occidental Petroleum Corporation OXY.N: Barclays raises target price to $59 from $55 |
Oracle Corp ORCL.N: Mizuho cuts target price to $320 from $400 |
Oruka Therapeutics Inc ORKA.O: Leerink Partners raises target price to $86 from $58 |
Ovintiv Inc OVV.N: BofA Global Research raises price objective to $63 from $54 |
Ovintiv Inc OVV.N: Barclays raises target price to $62 from $58 |
Par Technology Corp PAR.N: Benchmark cuts target price to $33 from $42 |
Pennymac Financial Services Inc PFSI.N: KBW raises to outperform from market perform |
Permian Resources Corporation PR.N: Wells Fargo raises target price to $21 from $17 |
Petco Health and Wellness Company Inc WOOF.O: UBS raises target price to $4 from $3.5 |
Phillips 66 PSX.N: Jefferies raises target price to $174 from $158 |
Qualcomm QCOM.O: Seaport Research Partners cuts to sell from neutral |
Range Resources Corp RRC.N: Raymond James raises target price to $47 from $42 |
Range Resources Corp RRC.N: Barclays raises target price to $41 from $39 |
Realty Income Corp O.N: BMO raises target price to $70 from $62 |
Repay Holdings Corp RPAY.O: Canaccord Genuity cuts target price to $8 from $12 |
Revolution Medicines Inc RVMD.O: Jefferies assumes coverage with buy rating |
Revolution Medicines Inc RVMD.O: Jefferies assumes coverage with PT $140 vs $88 |
Royal Caribbean Group RCL.N: JP Morgan raises target price to $376.00 from $371.00 |
Rubrik RBRK.N: Deutsche Bank cuts target price to $90 from $100 |
Rubrik RBRK.N: CIBC cuts target price to $110 from $130 |
Rubrik RBRK.N: Citigroup cuts target price to $88 from $115 |
Rubrik RBRK.N: Wedbush cuts target price to $90 from $120 |
Runway Growth Finance Corp. RWAY.O: Wells Fargo cuts target price to $7 from $10 |
Sailpoint Inc SAIL.O: Barclays cuts target price to $20 from $23 |
Semtech Corp SMTC.O: Morgan Stanley raises target price to $85.00 from $75.00 |
Sentinelone Inc S.N: Berenberg cuts target price to $20.5 from $25 |
ServiceNow Inc NOW.N: Exane BNP Paribas raises to outperform from neutral |
Solid Power Inc SLDP.O: H.C. Wainwright initiates coverage with buy rating |
Solid Power Inc SLDP.O: H.C. Wainwright initiates coverage with price target $7 |
Southwest Airlines Co LUV.N: UBS cuts target price to $59 from $73 |
Southwest Airlines Co LUV.N: Wells Fargo cuts target price to $44 from $50 |
Stellus Capital Investment Corp SCM.N: KBW cuts target price to $9 from $13 |
Structure Therapeutics Inc GPCR.O: H.C. Wainwright cuts target price to $100 from $114 |
Summit Therapeutics Inc SMMT.O: Jefferies cuts target price to $15 from $42 |
Summit Therapeutics Inc SMMT.O: Jefferies cuts to hold from buy |
Sunbelt Rentals Holdings Inc SUNB.N: Citigroup initiates coverage with buy rating |
Sunbelt Rentals Holdings Inc SUNB.N: Citigroup initiates coverage with price target $85 |
Symbotic Inc SYM.O: Barclays raises target price to $44 from $42 |
Talos Energy Inc TALO.N: Gerdes Energy Research cuts to neutral from buy |
Teledyne Technologies Inc. TDY.N: Barclays raises target price to $600 from $599 |
The Hershey Company HSY.N: Morgan Stanley raises target price to $247.00 from $238.00 |
Turtle Beach Corp TBCH.O: Wedbush cuts target price to $11 from $14 |
Uipath Inc PATH.N: BMO cuts target price to $14 from $17 |
United Airlines Holdings Inc UAL.O: UBS cuts target price to $134 from $147 |
United Airlines Holdings Inc UAL.O: Wells Fargo cuts target price to $130 from $145 |
Upstart Holdings Inc UPST.O: BTIG raises to buy from neutral |
Valero Energy Corp VLO.N: Jefferies raises target price to $272 from $216 |
Viper Energy Inc VNOM.O: BofA Global Research raises price objective to $53 from $46 |
Viper Energy Inc VNOM.O: Raymond James raises target price to $60 from $51 |
Viper Energy Inc VNOM.O: Wells Fargo raises target price to $52 from $51 |
WW Grainger Inc GWW.N: Barclays raises target price to $1047 from $1044 |