U.S. RESEARCH ROUNDUP-Biogen, Generac Holdings, Luminar
RTR North American Financial News
Sept 28 (Reuters) - Wall Street securities analysts revised their ratings and price
targets on several U.S.-listed companies, including Biogen, Generac Holdings, and Luminar, on
Wednesday.
HIGHLIGHTS
* Biogen Inc BIIB.O : Baird raises to outperform; raises target price to $340 from $224
* Generac Holdings Inc GNRC.N : Jefferies initiates with hold rating; target price $190
* L3Harris Technologies Inc LHX.N : Wells Fargo cuts to equal weight from overweight
* Luminar LAZR.O : Berenberg assumes coverage with hold rating; target price $8
* Southstate Corp SSB.O : Piper Sandler raises to overweight from neutral
Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday.
Stock entries are in alphabetical order.
* Alcoa Corp AA.N : Jefferies cuts target price to $45 from $60
* Alliant Energy Corp LNT.O : BMO cuts target price to $59 from $63
* Alphabet Inc GOOGL.O : Truist Securities cuts target price to $136 from $145
* Amazon.Com Inc AMZN.O : Truist Securities cuts target price to $170 from $180
* American Axle & Manufacturing Holdings Inc AXL.N : Citigroup cuts PT to $8.5 from $9.5
* Amphenol Corp APH.N : Jefferies cuts target price to $87 from $96
* Applied Materials Inc. AMAT.O : Barclays cuts target price to $85 from $95
* Arch Resources Inc ARCH.N : Jefferies cuts target price to $200 from $225
* Avidity Biosciences Inc RNA.O : Chardan Capital Markets cuts target price to $27 from $29
* Beauty Health Co SKIN.O : D.A. Davidson raises target price to $31 from $30
* Biogen Inc BIIB.O : Baird raises to outperform; raises target price to $340 from $224
* Biogen Inc BIIB.O : BMO raises target price to $360 from $217
* Biogen Inc BIIB.O : BMO raises to outperform from market perform
* Biogen Inc BIIB.O : Mizuho raises to buy from neutral; raises PT to $270 from $207
* Biogen Inc BIIB.O : Piper Sandler raises target price to $280 from $200
* Biogen Inc BIIB.O : RBC raises target price to $321 from $251
* Biogen Inc BIIB.O : Wedbush raises target price to $217 from $183
* Biomarin Pharmaceutical Inc BMRN.O : Stifel raises target price to $104 from
$103
* Bok Financial Corp BOKF.O : Wedbush assumes coverage with neutral rating; PT
$90
* BorgWarner Inc BWA.N : Citigroup cuts price target to $37 from $45
* Boston Properties Inc BXP.N : Citigroup cuts price target to $80 from $93
* Cal-Maine Foods Inc CALM.O : BofA Global Research raises price objective to $55
from $50
* Cal-Maine Foods Inc CALM.O : Stephens raises target price to $67 from $65
* Capital City Bank Group Inc CCBG.O : Piper Sandler raises target price to $37 from $36
* Cardiff Oncology Inc CRDF.O : Baird cuts target price to $5 from $6
* Caterpillar Inc CAT.N : Citigroup cuts price target to $180 from $195
* Citizens Financial Group CFG.N : Wedbush assumes coverage with outperform
rating; PT $44
* Comcast Corp CMCSA.O : Benchmark cuts target price to $46 from $60
* Comcast Corp CMCSA.O : BofA Global Research cuts price objective to $39 from
$43
* Comerica Inc CMA.N : Wedbush assumes coverage with outperform rating; target
price $95
* Cracker Barrel Old Country Store Inc CBRL.O : Citigroup cuts price target to $90 from $98
* Cracker Barrel Old Country Store Inc CBRL.O : Truist Securities cuts PT to $96
from $100
* Cullen/Frost Bankers Inc CFR.N : Wedbush assumes coverage with neutral rating
* Cullen/Frost Bankers Inc CFR.N : Wedbush assumes coverage with target price
$140
* Customers Bancorp Inc CUBI.N : Wedbush assumes coverage with outperform rating
* Customers Bancorp Inc CUBI.N : Wedbush assumes coverage with target price $45
* Dun & Bradstreet Holdings Inc DNB.N : Truist Securities cuts target price to
$17 from $20
* EOG Resources Inc EOG.N : JP Morgan cuts target price to $148 from $156
* Equillium Inc EQ.O : Jonestrading raises target price to $14 from $12
* Fifth Third Bancorp FITB.O : Wedbush assumes coverage with outperform rating; PT $39
* First Guaranty Bancshares Inc FGBI.O : Piper Sandler cuts target price to $24 from $26
* Ford Motor Co F.N : Citigroup cuts price target to $13 from $16
* Frontier Communications Parent Inc FYBR.O : Moffettnathanson cuts PT to $29 from $33
* Generac Holdings Inc GNRC.N : Jefferies initiates with hold rating; target price $190
* General Dynamics Corp GD.N : Wells Fargo cuts target price to $249 from $256
* General Motors Co GM.N : Citigroup cuts price target to $78 from $87
* Home Bancorp Inc HBCP.O : Piper Sandler raises target price to $51 from $49
* Huntington Bancshares Inc HBAN.O : Wedbush assumes coverage with neutral rating
* Huntington Bancshares Inc HBAN.O : Wedbush assumes coverage with target price
$14
* Investar Holding Corp ISTR.O : Piper Sandler cuts target price to $23 from $24
* Ipower Inc IPW.O : D.A. Davidson cuts target price to $3 from $4
* Jabil Inc JBL.N : JP Morgan cuts target price to $80 from $82
* Jabil Inc JBL.N : Raymond James cuts target price to $72 from $80
* Keycorp KEY.N : Wedbush assumes coverage with neutral rating; target price $18
* Kla Corporation KLAC.O : Barclays cuts target price to $265 from $325
* L3Harris Technologies Inc LHX.N : Wells Fargo cuts target price to $238 from $272
* L3Harris Technologies Inc LHX.N : Wells Fargo cuts to equal weight from overweight
* Lam Research Corporation LRCX.O : Barclays cuts target price to $405 from $450
* Lear Corp LEA.N : Citigroup cuts price target to $137 from $162
* Live Oak Bancshares Inc LOB.O : Piper Sandler cuts target price to $35 from $40
* Lockheed Martin Corp LMT.N : Wells Fargo cuts to underweight from equal weight
* Lockheed Martin Corp LMT.N : Wells Fargo raises target price to $415 from $406
* Lumen Technologies LUMN.N : Moffettnathanson cuts target price to $6 from $8
* Luminar LAZR.O : Berenberg assumes coverage with hold rating; target price $8
* M&T Bank Corp MTB.N : Wedbush assumes coverage with neutral rating; target
price $187
* Merchants Bancorp MBIN.O : Piper Sandler cuts target price to $30 from $31
* Meta Platforms Inc META.O : Truist Securities cuts target price to $240 from
$260
* MP Materials Corp MP.N : Canaccord Genuity cuts target price to $40 from $47
* MVB Financial Corp MVBF.O : Piper Sandler cuts target price to $30.5 from $36
* New York Community Bancorp Inc NYCB.N : Wedbush assumes coverage with neutral
rating
* New York Community Bancorp Inc NYCB.N : Wedbush assumes coverage with target
price $10
* Newmont NEM.N : Jefferies cuts target price to $42 from $52
* Northrop Grumman Corp NOC.N : Wells Fargo raises target price to $516 from $455
* Origin Bancorp Inc OBNK.O : Piper Sandler cuts target price to $49 from $51
* Pegasystems Inc PEGA.O : Truist Securities cuts target price to $40 from $50
* Phasebio Pharmaceuticals Inc PHAS.O : William Blair cuts to market perform
rating
* Progress Software Corp PRGS.O : Jefferies cuts target price to $45 from $52
* Progress Software Corp PRGS.O : JP Morgan cuts target price to $56 from $60
* Prologis Inc PLD.N : BMO cuts target price to $130 from $135
* Prosperity Bancshares Inc PB.N : Wedbush assumes coverage with neutral rating;
PT $70
* Protagonist Therapeutics Inc PTGX.O : JP Morgan cuts target price to $36 from
$45
* Provident Financial Services Inc PFS.N : KBW raises target price to $28 from $27
* Provident Financial Services Inc PFS.N : RBC cuts target price to $27 from $30
* Prudential Financial Inc PRU.N : Credit Suisse cuts target price to $102 from $121
* Ramaco Resources Inc METC.O : Jefferies cuts target price to $16 from $20
* Regions Financial Corp RF.N : Wedbush assumes coverage with outperform rating
* Regions Financial Corp RF.N : Wedbush assumes coverage with target price $25
* Republic Bancorp Inc RBCAA.O : Piper Sandler cuts target price to $42.5 from $50
* Rivian Automotive Inc RIVN.O : RBC cuts target price to $62 from $75
* Sallie Mae SLM.O : Wedbush assumes coverage with outperform rating; target price $17
* South Plains Financial Inc SPFI.O : Piper Sandler raises target price to $30 from $29
* Southstate Corp SSB.O : Piper Sandler raises target price to $96 from $92
* Southstate Corp SSB.O : Piper Sandler raises to overweight from neutral
* Summit Financial Group Inc SMMF.O : Piper Sandler cuts target price to $30.5 from $32
* TD Synnex Corp SNX.N : Credit Suisse cuts target price to $103 from $110
* TD Synnex Corp SNX.N : JP Morgan cuts target price to $114 from $119
* TD Synnex Corp SNX.N : Raymond James cuts target price to $140 from $175
* Teladoc Health Inc TDOC.N : RBC cuts target price to $35 from $53
* Texas Capital Bancshares Inc TCBI.O : Wedbush assumes coverage with neutral
rating
* Texas Capital Bancshares Inc TCBI.O : Wedbush assumes coverage with target
price $60
* T-Mobile US Inc TMUS.O : Scotiabank raises target price to $169 from $167
* Triumph Bancorp Inc TBK.O : Piper Sandler cuts target price to $70 from $80
* Truist Financial Corp TFC.N : Piper Sandler raises target price to $55 from $52
* Truist Financial Corp TFC.N : Piper Sandler raises to overweight from neutral
* Uipath Inc PATH.N : Barclays cuts target price to $17 from $18
* Uipath Inc PATH.N : Credit Suisse cuts target price to $30 from $37.5
* Uipath Inc PATH.N : RBC cuts target price to $16 from $18
* Uipath, Inc. PATH.N : Barclays cuts target price to $17 from $18
* United Natural Foods Inc UNFI.N : BMO cuts target price to $40 from $45
* US Bancorp USB.N : Wedbush assumes coverage with neutral rating; target price
$47
* Veeco Instruments Inc VECO.O : Barclays cuts target price to $24 from $26
* Veritex Holdings Inc VBTX.O : Piper Sandler cuts target price to $36 from $39
* Visteon Corp VC.O : Citigroup cuts price target to $119 from $128
* Vornado Realty Trust VNO.N : Citigroup cuts price target to $24 from $30
* Zions Bancorporation Na ZION.O : Wedbush assumes coverage with neutral rating
* Zions Bancorporation Na ZION.O : Wedbush assumes coverage with target price $61
(Compiled by Bengaluru Newsroom)
