U.S. RESEARCH ROUNDUP- Cadence Design Systems, Equity Bancshares, S&P Global

Reuters
2024-10-15

Oct 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cadence Design Systems, Equity Bancshares and S&P Global, on Tuesday.

HIGHLIGHTS

* APA Corporation : Piper Sandler cuts target price to $28 from $29

* Cadence Design Systems Inc : Berenberg initiates coverage with buy

rating

* Equity Bancshares Inc : Stephens raises to overweight from equal-weight

* S&P Global Inc : JP Morgan raises target price to $600 from $565

* Vital Energy Inc : Piper Sandler cuts target price to $37 from $38

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

* American Financial Group Inc : KBW cuts target price to $151 from $153

* APA Corporation : Piper Sandler cuts target price to $28 from $29

* Benitec Biopharma Inc : Leerink Partners raises target price to $20 from $13

* Blackstone : JP Morgan raises target price to $125 from $109

* Cadence Design Systems Inc : Berenberg initiates coverage with buy rating

* Cadence Design Systems Inc : Berenberg initiates coverage with price target $320

* Chord Energy Corp : Piper Sandler raises target price to $211 from $206

* Devon Energy Corp : Piper Sandler cuts target price to $56 from $57

* Diamondback Energy Inc : Piper Sandler raises target price to $252 from $240

* Enphase Energy Inc : RBC cuts target price to $100 from $125

* Enphase Energy Inc : RBC cuts to sector perform from outperform

* Equity Bancshares Inc : Stephens raises target price to $46 from $42

* Equity Bancshares Inc : Stephens raises to overweight from equal-weight

* Exxon Mobil : JP Morgan raises target price to $128 from $127

* First Busey Corp : Stephens cuts target price to $27 from $28

* First Busey Corp : Stephens cuts to equal-weight from overweight

* Freeport-Mcmoran Inc : JP Morgan raises target price to $55 from $53

* Keycorp : Baird cuts to neutral from outperform

* Las Vegas Sands Corp : JP Morgan raises target price to $60 from $53

* Longboard Pharmaceuticals Inc : Truist Securities cuts to hold from buy

* Moderna : Jefferies cuts target price to $55 from $65

* Moody's Corp : JP Morgan raises target price to $525 from $500

* MSCI Inc : JP Morgan raises target price to $680 from $620

* Murphy Oil Corp : Piper Sandler cuts target price to $43 from $44

* Permian Resources Corp : Piper Sandler cuts target price to $20 from $21

* Quanta Services Inc : TD Cowen raises target price to $335 from $280

* S&P Global Inc : JP Morgan raises target price to $600 from $565

* Sitio Royalties Corp : Piper Sandler cuts target price to $27 from $29

* Spyre Therapeutics Inc : Jefferies raises target price to $37 from $31

* Synopsys Inc : Berenberg initiates coverage with buy rating; price target $660

* Viper Energy Inc : Piper Sandler raises target price to $61 from $57

* Vital Energy Inc : Piper Sandler cuts target price to $37 from $38

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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