U.S. RESEARCH ROUNDUP-Apple, Coinbase Global, Nextracker

Reuters
29 Jan
U.S. RESEARCH ROUNDUP-Apple, Coinbase Global, Nextracker

Jan 29 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Apple, Coinbase Global and Nextracker on Wednesday.

HIGHLIGHTS

* Apple Inc AAPL.O: Oppenheimer cuts to perform from outperform

* Coinbase Global Inc COIN.O: Mizuho raises to neutral from underperform

* JetBlue Airways JBLU.O: Seaport Research Partners cuts to neutral from buy

* Nextracker Inc NXT.O: Barclays raises to overweight from equal weight

* Sanmina Corp SANM.O: BofA Global Research raises to neutral from underperform

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

* Advanced Micro Devices AMD.O: Susquehanna cuts target price to $165 from $200

* Aecom ACM.N: Citigroup cuts target price to $127 from $128

* AGNC Investment Corp AGNC.O: KBW cuts target price to $10.25 from $10.75

* Amgen Inc AMGN.O: BMO cuts target price to $346 from $362

* Apollo Global Management Inc APO.N: Morgan Stanley raises target price to $169 from $137

* Apple Inc AAPL.O: Oppenheimer cuts to perform from outperform

* Ares Capital Corporation ARCC.O: Wells Fargo raises target price to $24 from $23

* Ares Management Corp ARES.N: Morgan Stanley raises target price to $191.00 from $162.00

* Armstrong World Industries AWI.N: BofA Global Research ups price objective to $167 from $161

* Ashland Inc ASH.N: UBS cuts target price to $93 from $95

* Axos Financial Inc AX.N: D.A. Davidson cuts target price to $88 from $96

* Axos Financial Inc AX.N: KBW cuts target price to $90 from $91

* Axos Financial Inc AX.N: Needham raises target price to $88 from $85

* Axos Financial Inc AX.N: Raymond James raises target price to $80 from $75

* Axsome Therapeutics Inc AXSM.O: TD Cowen raises target price to $155 from $125

* Azek Company Inc AZEK.N: BofA Global Research raises price objective to $59 from $52

* Bain Capital Specialty Finance Inc BCSF.N: Wells Fargo raises target to $18 from $17

* Bellring Brands Inc BRBR.N: Citigroup raises target price to $90 from $83

* Biogen BIIB.O: BMO cuts target price to $156 from $164

* Biogen BIIB.O: Leerink Partners cuts target price to $260 from $290

* Blackstone Inc. BX.N: Morgan Stanley raises target price to $222.00 from $205.00

* Blackstone Secured Lending Fund BXSL.N: Wells Fargo raises target price to $31 from $29

* Boeing BA.N: BofA Global Research raises price objective to $185 from $170

* Boeing BA.N: JP Morgan raises target price to $200 from $190

* Boeing BA.N: Wells Fargo raises target price to $103 from $85

* Boeing BA.N: UBS raises target price to $217 from $208

* Bridge Investment Group BRDG.N: Morgan Stanley cuts target price to $10.00 from $11.00

* Brighthouse Financial Inc BHF.O: KBW raises target price to $60 from $48

* Brightspring Health Services Inc BTSG.O: UBS raises target price to $30 from $22

* Brixmor Property Group, Inc. BRX.N: Wells Fargo cuts target price to $27 from $29

* Brown & Brown Inc BRO.N: Jefferies cuts target price to $105 from $107

* Brown & Brown, Inc. BRO.N: Wells Fargo raises target price to $125 from $115

* Builders Firstsource BLDR.N: BofA Global Research cuts price objective to $179 from $192

* Byline Bancorp Inc BY.N: Stephens raises target price to $34 from $33

* Camden National Corp CAC.O: KBW raises target price to $50 from $48

* Camden National Corp CAC.O: Raymond James raises target price to $53 from $50

* Cardinal Health, Inc. CAH.N: Wells Fargo raises target price to $135 from $127

* Cargurus Inc CARG.O: Jefferies raises target price to $48 from $45

* Carlyle Group Inc CG.O: Morgan Stanley raises target price to $58.00 from $50.00

* Carlyle Secured Lending, Inc. CGBD.O: Wells Fargo raises target price to $17 from $16

* Carvana CVNA.N: Jefferies raises target price to $225 from $210

* Cencora Inc COR.N: Wells Fargo raises target price to $251 from $237

* Chubb Ltd CB.N: Piper Sandler cuts target price to $310 from $312

* Cinemark Holdings Inc CNK.N: Wells Fargo cuts target price to $36 from $38

* Cloudflare NET.N: Jefferies raises target price to $145 from $125

* Cms Energy Corp CMS.N: BMO raises target price to $77 from $76

* Coastal Financial Corp (Everett) CCB.O: Raymond James raises target to $100 from $88

* Coinbase Global Inc COIN.O: Mizuho raises target price to $290 from $250

* Coinbase Global Inc COIN.O: Mizuho raises to neutral from underperform

* Commerce Bancshares Inc CBSH.O: Wells Fargo raises target price to $70 from $67

* Corteva CTVA.N: Citigroup raises target price to $74 from $69

* Crescent Capital Bdc Inc CCAP.O: Wells Fargo raises target price to $19 from $18

* Curbline Properties Corp CURB.N: Morgan Stanley initiates with equal-weight rating

* Curbline Properties Corp CURB.N: Morgan Stanley initiates with target price $27.00

* Dana Incorporated DAN.N: Barclays raises target price to $23 from $18

* Darling Ingredients Inc DAR.N: Citigroup cuts target price to $44 from $46

* Datadog Inc DDOG.O: Stifel cuts target price to $140 from $165

* Datadog Inc DDOG.O: Stifel cuts to hold from buy

* DR Horton Inc DHI.N: KBW cuts target price to $165 from $183

* Elanco Animal Health Inc ELAN.N: Morgan Stanley cuts target price to $14.00 from $15.00

* Enphase Energy Inc ENPH.O: Morgan Stanley cuts target price to $68.00 from $74.00

* Enterprise Financial Services Corp EFSC.O: KBW raises target price to $70 from $68

* Estée Lauder EL.N: Piper Sandler raises target price to $98 from $91

* ETSY Inc ETSY.O: Truist Securities cuts target price to $67 from $70

* Evolent Health Inc EVH.N: TD Cowen cuts target price to $14 from $36

* Expedia EXPE.O: Deutsche Bank cuts target price to $184 from $192

* F5 Inc FFIV.O: Jefferies raises target price to $315 from $225

* F5 Inc FFIV.O: JP Morgan raises target price to $296 from $250

* F5 Inc FFIV.O: Morgan Stanley raises target price to $310.00 from $262.00

* F5 Inc FFIV.O: Needham raises target price to $360 from $285

* F5 Inc FFIV.O: Piper Sandler raises target price to $304 from $246

* F5 Inc FFIV.O: RBC raises target price to $310 from $260

* F5 Inc FFIV.O: Barclays raises target price to $296 from $246

* Federal Realty Investment Trust FRT.N: Wells Fargo cuts target price to $125 from $126

* First Citizens Bancshares FCNCA.O: Truist Securities raises PT to $2,384 from $2,303

* First Citizens Bancshares FCNCA.O: Truist Securities raises target to $2,384 from $2,303

* Five Star Bancorp FSBC.O: Raymond James cuts target price to $35 from $38

* Fluence Energy Inc FLNC.O: Morgan Stanley cuts target price to $20.00 from $28.00

* Fluor FLR.N: Citigroup cuts target price to $59 from $60

* FMC Corp FMC.N: Citigroup raises target price to $61 from $55

* GE Aerospace GE.N: Bernstein raises target price to $232 from $209

* GE Vernova GEV.N: Morgan Stanley raises target price to $400.00 from $367.00

* General Motors Co GM.N: Deutsche Bank cuts target price to $58 from $60

* General Motors Co. GM.N: Wells Fargo raises target price to $37 from $35

* German American Bancorp Inc GABC.O: KBW raises target price to $47 from $46

* Gilead GILD.O: BMO raises target price to $110 from $102

* Gilead GILD.O: JP Morgan raises target price to $115 from $105

* GM GM.N: Mizuho raises target price to $63 from $62

* GM GM.N: Wells Fargo raises target price to $37 from $35

* Henry Schein Inc HSIC.O: Leerink Partners raises target price to $81 from $73

* Home Bancorp Inc HBCP.O: Raymond James raises target price to $55 from $50

* Houlihan Lokey Inc HLI.N: JP Morgan cuts target price to $169 from $172

* Houlihan Lokey Inc HLI.N: KBW raises target price to $192 from $170

* Houlihan Lokey Inc HLI.N: Morgan Stanley raises target price to $201.00 from $200.00

* Houlihan Lokey Inc HLI.N: UBS raises target price to $230 from $229

* Houlihan Lokey Inc HLI.N: Wells Fargo raises target price to $180 from $178

* IBM IBM.N: Morgan Stanley cuts target price to $217.00 from $222.00

* Idexx Laboratories, Inc. IDXX.O: Morgan Stanley cuts target price to $550.00 from $559.00

* Invesco Ltd IVZ.N: Deutsche Bank raises target price to $19 from $18

* Invesco Ltd IVZ.N: Barclays raises target price to $20 from $18

* Invesco Ltd IVZ.N: BMO raises target price to $21 from $19

* Invesco Ltd IVZ.N: KBW raises target price to $20 from $18

* Invesco Ltd IVZ.N: RBC raises target price to $20 from $19

* Invesco Ltd IVZ.N: Wells Fargo raises target price to $19.50 from $17

* Jacobs Solutions Inc J.N: Citigroup cuts target price to $160 from $161

* JetBlue Airways JBLU.O: Seaport Research Partners cuts to neutral from buy

* JetBlue Airways Corp JBLU.O: UBS cuts target price to $5 from $5.5

* KBR Inc KBR.N: Citigroup cuts target price to $76 from $82

* Kimberly-Clark KMB.N: Deutsche Bank raises target price to $137 from $135

* Kimberly-Clark Corp KMB.N: Piper Sandler cuts target price to $158 from $161

* Kimberly-Clark Corp KMB.N: UBS raises target price to $134 from $132

* Kinder Morgan Inc KMI.N: Citigroup raises target price to $28 from $25

* Kite Realty Group Trust KRG.N: Wells Fargo cuts target price to $26 from $28

* KKR & Co. Inc KKR.N: Morgan Stanley raises target price to $157.00 from $143.00

* Klaviyo Inc KVYO.N: Scotiabank raises target price to $45 from $35

* Kopin Corp KOPN.O: Canaccord Genuity raises target price to $2.5 from $2

* Larimar Therapeutics Inc LRMR.O: Truist Securities initiates coverage with buy rating

* Larimar Therapeutics Inc LRMR.O: Truist Securities initiates coverage with PT $18

* Leap Therapeutics Inc LPTX.O: Baird cuts to neutral rating; cuts PT to $1.25 from $9

* Leap Therapeutics Inc LPTX.O: H.C. Wainwright cuts to neutral from buy

* Leggett & Platt Inc LEG.N: Truist Securities cuts target price to $11 from $13

* Lendingclub Corp LC.N: KBW cuts target price to $16 from $17

* Lockheed Martin Corp LMT.N: Morgan Stanley cuts target price to $525.00 from $555.00

* Lockheed Martin Corp LMT.N: RBC cuts target price to $550 from $570

* Lockheed Martin Corp LMT.N: TD Cowen cuts target price to $520 from $540

* Lockheed Martin Corp LMT.N: UBS cuts target price to $508 from $527

* Lyft Inc LYFT.O: BofA Global Research cuts price objective to $19 from $21

* Lyft Inc LYFT.O: Jefferies cuts target price to $15 from $16

* Manhattan Associates Inc MANH.O: Citigroup cuts target price to $244 from $303

* Manhattan Associates Inc MANH.O: D.A. Davidson cuts target price to $270 from $315

* Manhattan Associates Inc MANH.O: Raymond James cuts target price to $270 from $305

* Manhattan Associates Inc MANH.O: Truist Securities cuts target price to $285 from $310

* Masco Corp MAS.N: BofA Global Research raises price objective to $76 from $75

* Merit Medical Systems MMSI.O: BofA Global Research ups price objective to $118 from $103

* Merit Medical Systems MMSI.O: Canaccord Genuity raises target price to $128 from $127

* Microstrategy Inc MSTR.O: Mizuho initiates coverage with outperform rating; PT $515

* Midcap Financial Investment Corporation MFIC.O: Wells Fargo raises PT to $15 from $14

* Midland States Bancorp Inc MSBI.O: Stephens cuts target price to $23 from $29

* Moderna MRNA.O: TD Cowen cuts target price to $35 from $55

* Morgan Stanley Direct Lending Fund MSDL.N: Wells Fargo raises target to $21 from $20

* Neurocrine Biosciences Inc NBIX.O: BMO raises target price to $145 from $121

* Nextracker Inc NXT.O: Barclays raises target price to $60 from $47

* Nextracker Inc NXT.O: Barclays raises to overweight from equal weight

* Nextracker Inc NXT.O: BMO raises target price to $50 from $48

* Nextracker Inc NXT.O: Guggenheim raises target price to $62 from $50

* Nextracker Inc NXT.O: Jefferies raises target price to $56 from $46

* Nextracker Inc NXT.O: Jefferies raises to buy from hold

* Nextracker Inc NXT.O: JP Morgan raises target price to $61 from $58

* Nextracker Inc NXT.O: Piper Sandler raises target price to $50 from $47

* Nextracker Inc NXT.O: Susquehanna raises target price to $54 from $50

* Nextracker Inc NXT.O: TD Cowen raises target price to $47 from $41

* Nextracker Inc NXT.O: Truist Securities raises target price to $56 from $54

* Nextracker Inc NXT.O: UBS raises target price to $66 from $60

* Northern Trust Corp NTRS.O: Citigroup raises target price to $120 from $110

* Norwegian Cruise Line Holdings Ltd NCLH.N: Morgan Stanley raises PT to $27.00 from $26.50

* Nucor Corp NUE.N: Jefferies raises target price to $135 from $125

* Nucor Corp NUE.N: JP Morgan cuts target price to $150 from $152

* Nurix Therapeutics Inc NRIX.O: H.C. Wainwright raises target price to $36 from $35

* Nurix Therapeutics Inc NRIX.O: Needham cuts target price to $28 from $29

* Nurix Therapeutics Inc NRIX.O: Stifel raises target price to $36 from $34

* NVR Inc NVR.N: JP Morgan cuts target price to $8,570 from $9,245

* NVR Inc NVR.N: UBS raises target price to $8900 from $8750

* Offerpad Solutions Inc OPAD.N: Jefferies cuts target price to $2.50 from $3

* Onkure Therapeutics OKUR.O: Jonestrading initiates coverage with buy rating; PT $32

* Open Lending Corp LPRO.O: Needham raises to buy from hold

* Origin Bancorp Inc OBK.N: KBW raises target price to $45 from $42

* Owens Corning OC.N: BofA Global Research raises price objective to $230 from $224

* P10, Inc. PX.N: Morgan Stanley raises target price to $14.00 from $13.00

* Paccar Inc PCAR.O: BofA Global Research cuts price objective to $120 from $121.50

* Paccar Inc PCAR.O: Citigroup cuts target price to $112 from $115

* Paccar Inc PCAR.O: Truist Securities raises target price to $113 from $112

* Paragon 28 Inc FNA.N: Needham cuts to hold from buy

* Park National Corp PRK.A: KBW cuts target price to $178 from $187

* Phillips Edison & Company, Inc. PECO.O: Wells Fargo cuts target price to $37 from $39

* Pinterest PINS.N: Guggenheim cuts target price to $33 from $37

* Polaris Inc PII.N: BMO cuts target price to $50 from $60

* Polaris Inc PII.N: RBC cuts target price to $54 from $65

* Polaris Inc PII.N: Truist Securities cuts target price to $55 from $60

* Polaris Inc PII.N: Morgan Stanley cuts target price to $50.00 from $60.00

* Popular Inc BPOP.O: KBW raises target price to $129 from $116

* Popular Inc BPOP.O: Piper Sandler raises target price to $110 from $105

* Popular Inc BPOP.O: RBC raises target price to $110 from $100

* PTC Therapeutics Inc PTCT.O: TD Cowen raises target price to $50 from $46

* Qorvo QRVO.O: Citigroup cuts target price to $69 from $72

* Qorvo QRVO.O: Stifel cuts target price to $90 from $95

* Qorvo QRVO.O: TD Cowen raises target price to $90 from $85

* Quanta Services Inc PWR.N: BofA Global Research cuts price objective to $355 from $407

* Quanta Services Inc PWR.N: Citigroup cuts target price to $371 from $394

* Ralph Lauren Corp RL.N: Guggenheim raises target price to $285 from $260

* Range Resources Corp RRC.N: Stephens raises target price to $43 from $39

* Reddit RDDT.N: Jefferies raises target price to $230 from $215

* Regency Centers Corporation REG.O: Wells Fargo cuts target price to $80 from $81

* Regeneron Pharmaceuticals Inc REGN.O: BMO cuts target price to $903 from $950

* Regeneron Pharmaceuticals Inc REGN.O: TD Cowen cuts target price to $1,030 from $1,230

* Rivian RIVN.O: Bernstein initiates coverage with underperform rating; price target $6.1

* Royal Caribbean Cruises RCL.N: Deutsche Bank raises target price to $244 from $181

* Royal Caribbean Cruises Ltd. RCL.N: Wells Fargo raises target price to $297 from $272

* Royal Caribbean Group RCL.N: Barclays raises target price to $308 from $287

* Royal Caribbean Group RCL.N: Citigroup raises target price to $304 from $283

* Royal Caribbean Group RCL.N: Mizuho raises target price to $277 from $253

* RTX RTX.N: Deutsche Bank raises target price to $151 from $140

* RTX Corp RTX.N: JP Morgan raises target price to $150 from $140

* RTX Corp RTX.N: Morgan Stanley raises target price to $135.00 from $130.00

* RTX Corp RTX.N: RBC raises target price to $150 from $140

* RTX Corp RTX.N: UBS raises target price to $142 from $128

* Runway Growth Finance Corp. RWAY.O: Wells Fargo raises target price to $12 from $11

* Sanmina Corp SANM.O: BofA Global Research raises price objective to $92 from $58

* Sanmina Corp SANM.O: BofA Global Research raises to neutral from underperform

* Seacoast Banking Corporation of Florida SBCF.O: Raymond James raises PT to $31 from $29

* ServiceNow Inc NOW.N: JP Morgan raises target price to $1,250 from $950

* Sirius XM Holdings Inc SIRI.O: Guggenheim cuts target price to $29 from $30

* Site Centers Corp. SITC.N: Wells Fargo cuts target price to $17 from $17.50

* Sixth Street Specialty Lending, Inc. TSLX.N: Wells Fargo raises target to $23 from $21

* Sofi Technologies Inc SOFI.O: Mizuho raises target price to $20 from $16

* Starbucks SBUX.O: BMO raises target price to $115 from $110

* Starbucks SBUX.O: Deutsche Bank raises target price to $125 from $118

* Starbucks Corp SBUX.O: UBS raises target price to $105 from $98

* Starbucks Corp SBUX.O: Barclays raises target price to $124 from $119

* Stride Inc LRN.N: Canaccord Genuity raises target price to $135 from $130

* Stride Inc LRN.N: Morgan Stanley raises target price to $117.00 from $109.00

* Stryker Corp SYK.N: Bernstein raises target price to $440 from $425

* Stryker Corp SYK.N: BTIG raises target price to $416 from $394

* Stryker Corp SYK.N: Canaccord Genuity raises target price to $435 from $420

* Stryker Corp SYK.N: Deutsche Bank raises target price to $402 from $380

* Stryker Corp SYK.N: Jefferies raises target price to $465 from $415

* Stryker Corp SYK.N: JP Morgan raises target price to $445 from $420

* Stryker Corp SYK.N: RBC raises target price to $435 from $425

* Stryker Corp SYK.N: Stifel raises target price to $440 from $400

* Stryker Corp SYK.N: Wells Fargo raises target price to $435 from $427

* Sunnova Energy NOVA.N: Barclays cuts target price to $9 from $10

* Sunrun Inc RUN.O: Barclays cuts target price to $15 from $18

* Synchrony Financial SYF.N: TD Cowen raises target price to $80 from $75

* Sysco SYY.N: BMO cuts target price to $85 from $90

* Sysco SYY.N: Truist Securities cuts target price to $83 from $85

* Sysco Corp SYY.N: Morgan Stanley cuts target price to $77.00 from $79.00

* Sysco Corp SYY.N: UBS cuts target price to $86 from $87

* Sysco Corp SYY.N: Barclays cuts target price to $85 from $93

* Target Hospitality Corp TH.O: Northland Capital raises to outperform rating

* Teledyne Technologies Inc TDY.N: TD Cowen raises target price to $550 from $500

* Tempur Sealy TPX.N: BofA Global Research raises price objective to $67 from $60

* Tempur Sealy TPX.N: Truist Securities raises target price to $69 from $63

* Texas Capital Bancshares Inc TCBI.O: KBW cuts target price to $95 from $100

* The Boeing Company BA.N: Wells Fargo raises target price to $103 from $85

* Third Coast Bancshares Inc TCBX.O: KBW cuts to market perform from outperform

* Third Coast Bancshares Inc TCBX.O: KBW raises target price to $42 from $40

* Topbuild Corp BLD.N: BofA Global Research cuts price objective to $394 from $435

* TPG Inc TPG.O: Morgan Stanley raises target price to $80.00 from $73.00

* Transcat Inc. TRNS.O: Oppenheimer cuts to perform from outperform

* Travere Therapeutics Inc TVTX.O: TD Cowen raises target price to $24 from $20

* Trex Co Inc TREX.N: BofA Global Research raises price objective to $85 from $80

* UPS UPS.N: Raymond James adds stock to its analyst current favorites list

* Veracyte Inc VCYT.O: Needham raises target price to $51 from $44

* Verisign Inc VRSN.O: Citigroup raises target price to $246 from $238

* Viking Holdings Ltd VIK.N: Morgan Stanley raises target price to $53.00 from $52.00

* Western Alliance Bancorp WAL.N: D.A. Davidson cuts target price to $106 from $110

* WEX Inc WEX.N: Mizuho cuts target price to $215 from $220

* Whirlpool Corp WHR.N: BofA Global Research raises price objective to $120 from $103

* Xplr Infrastructure LP NEP.N: Scotiabank cuts target price to $12 from $15

* Xplr Infrastructure LP NEP.N: Wells Fargo cuts target price to $13 from $33

* Zoetis Inc. ZTS.N: Morgan Stanley cuts target price to $243.00 from $248.00

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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