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U.S. RESEARCH ROUNDUP- Air Products, Chevron, Fedex

ReutersMar 20, 2026 6:50 AM

- Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Air Products, Chevron and Fedex on Friday.

HIGHLIGHTS

Air Products APD.N: JP Morgan raises to overweight from neutral

Chevron CVX.N: HSBC raises to buy from hold

Fedex FDX.N: JP Morgan raises target price to $432 from $424

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

Air Products APD.N: JP Morgan raises to overweight from neutral

Air Products APD.N: JP Morgan raises target price to $310 from $280

Braze Inc BRZE.O: TD Cowen cuts target price to $30 from $43

Chevron CVX.N: HSBC raises target price to $215 from $180

Chevron CVX.N: HSBC raises to buy from hold

Coherent Corp COHR.N: Jefferies raises target price to $350 from $325

Conagra Brands Inc CAG.N: JP Morgan cuts target price to $17 from $19

Exxon Mobil Corporation XOM.N: HSBC raises target price to $158 from $135

Fedex FDX.N: JP Morgan raises target price to $432 from $424

Firstcash Holdings Inc FCFS.O: Canaccord Genuity raises target price to $240 from $217

LTC Properties Inc LTC.N: RBC raises target price to $41 from $38

Lumentum Holdings Inc LITE.O: Jefferies raises target price to $900 from $800

Mettler-Toledo International Inc MTD.N: Jefferies raises to buy from hold

Mettler-Toledo International Inc MTD.N: Jefferies raises PT to $1,450 from $1,400

Occidental Petroleum Corp OXY.N: HSBC raises target price to $68 from $59

OGE Energy Corp OGE.N: JP Morgan initiates coverage with overweight rating

OGE Energy Corp OGE.N: JP Morgan initiates coverage with target price $52

Stoke Therapeutics Inc STOK.O: Canaccord Genuity raises target price to $60 from $36

Tesla Inc TSLA.O: HSBC cuts target price to $119 from $133

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