U.S. RESEARCH ROUNDUP- Altus Power, Marsh & Mclennan, TPI Composites

Reuters
2024-12-12

Dec 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Altus Power, Marsh & Mclennan and TPI Composites on Thursday.

HIGHLIGHTS

* Altus Power Inc : JP Morgan cuts to underweight from

neutral

* Marsh & Mclennan : RBC raises to outperform from

sector perform

* TPI Composites Inc : JP Morgan cuts to neutral from

overweight

* Xcel Energy : JP Morgan raises to overweight from

neutral

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

* Adobe Inc : HSBC cuts target price to $510 from $536

* Altus Power Inc : JP Morgan cuts to underweight from neutral

* American Electric Power Company Inc : JP Morgan cuts target price to $102

from $109

* American Electric Power Company Inc : JP Morgan cuts to neutral from

overweight

* Baker Hughes Co : RBC raises target price to $49 from $43

* Blue Owl Capital Corp : KBW cuts target price to $14 from $15.50

* Blue Owl Capital Corp : KBW cuts to underperform from market perform

* Brookfield Renewable Corp : JP Morgan raises target price to $34 from

$32

* Brookfield Renewable Corp : JP Morgan raises to overweight from neutral

* Carisma Therapeutics Inc : Baird cuts to neutral rating

* Carisma Therapeutics Inc : Baird cuts target price to $1 from $10

* Celsius Holdings Inc : JP Morgan initiates coverage with overweight

rating

* Celsius Holdings Inc : JP Morgan initiates coverage with price target

$37

* Coastal Financial Corp (Everett) : KBW raises target price to $96 from

$92

* Comcast Corp : Seaport Research Partners raises to buy from neutral

* Duolingo Inc : JP Morgan raises target price to $400 from $360

* Hercules Capital Inc : KBW raises target price to $21.50 from $19.50

* Hercules Capital Inc : KBW raises to outperform from market perform

* Independent Bank Corp (Massachusetts) : KBW raises target price to $82

from $77

* Marsh & Mclennan : RBC raises to outperform from sector perform

* Marsh & Mclennan : RBC raises target price to $250 from $242

* Mid-America Apartment Communities Inc : Raymond James raises PT to $180

from $175

* RB Global Inc : CIBC raises target price to $109 from $102

* Tesla Inc : Daiwa Capital Markets raises target price to $420 from $285

* Toll Brothers Inc : JP Morgan cuts target price to $166 from $173

* TPI Composites Inc : JP Morgan cuts to neutral from overweight

* Vertiv Holdings Co : Barclays initiates coverage with equal-weight rating

* Vertiv Holdings Co : Barclays initiates coverage with target price $142

* Xcel Energy : JP Morgan raises target price to $80 from $69

* Xcel Energy : JP Morgan raises to overweight from neutral

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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