U.S. RESEARCH ROUNDUP-Alphabet, Amazon, Meta

Reuters
03 Apr
U.S. RESEARCH ROUNDUP-Alphabet, Amazon, Meta

April 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, Amazon and Meta, on Thursday.

HIGHLIGHTS

* Alphabet Inc GOOGL.O: RBC cuts target price to $200 from $235

* Amazon AMZN.O: RBC cuts target price to $235 from $265

* Meta META.O: RBC cuts target price to $740 from $800

* Pinterest PINS.N: RBC cuts target price to $45 from $50

* Sandisk Corp SNDK.O: Susquehanna reinstates coverage with neutral rating; PT $70

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

* Advanced Drainage Systems WMS.N: Oppenheimer cuts target price to $165 from $177

* Affiliated Managers Group Inc AMG.N: BofA Global Research cuts PT to $195 from $211

* Alaska Air Group Inc ALK.N: BofA Global Research cuts price objective to $70 from $80

* Allegiant Travel Co ALGT.O: BofA Global Research cuts price objective to $50 from $95

* Alliancebernstein Holding LP AB.N: BofA Global Research cuts PT to $38 from $42

* Alliancebernstein Holding LP AB.N: BofA Global Research cuts to neutral from buy

* Alphabet Inc GOOGL.O: RBC cuts target price to $200 from $235

* Alpine Income Property Trust Inc PINE.N: Stifel cuts PT to $19.25 from $19.50

* Amazon AMZN.O: RBC cuts target price to $235 from $265

* American Airlines AAL.O: BofA Global Research cuts price objective to $12 from $16

* Apple Hospitality REIT Inc APLE.N: BMO cuts target price to $15 from $17

* Apple Inc AAPL.O: BofA Global Research cuts price objective to $250 from $265

* Axalta Coating Systems Ltd AXTA.N: Wells Fargo cuts target price to $42 from $45

* Bank of America BAC.N: JP Morgan cuts target price to $43.50 from $49.50

* Bank of America BAC.N: Oppenheimer cuts target price to $53 from $56

* Bank of New York Mellon Corp BK.N: JP Morgan cuts target price to $87 from $94

* Beam Therapeutics Inc BEAM.O: RBC cuts target price to $20 from $26

* Biogen BIIB.O: RBC cuts target price to $221 from $225

* BlackRock BLK.N: BofA Global Research cuts price objective to $1178 from $1196

* Block Inc XYZ.N: Jefferies cuts target price to $70 from $85

* Block Inc XYZ.N: Morgan Stanley raises target price to $67 from $65

* Block Inc XYZ.N: Morgan Stanley raises to overweight from equal-weight

* Brookfield Renewable Corp BEPC.N: Barclays initiates coverage with equal-weight rating

* Brookfield Renewable Corp BEPC.N: Barclays initiates coverage with target price $31

* Cactus Inc WHD.N: JP Morgan cuts target price to $54 from $56

* Century Therapeutics Inc IPSC.O: H.C. Wainwright cuts target price to $2 from $5

* Charles Schwab Corp SCHW.N: Raymond James raises target price to $90 from $88

* Citigroup C.N: JP Morgan cuts target price to $75.50 from $85.50

* Citigroup C.N: Oppenheimer cuts target price to $110 from $116

* Citizens Financial CFG.N: JP Morgan cuts target price to $43 from $49

* Delta Air Lines Inc DAL.N: BofA Global Research cuts price objective to $56 from $65

* Doordash Inc DASH.O: Wells Fargo raises target price to $201 from $198

* Dycom Industries Inc DY.N: Wells Fargo cuts target price to $200 from $215

* Dyne Therapeutics Inc DYN.O: RBC cuts target price to $36 from $41

* Eastman Chemical Co EMN.N: Mizuho raises to outperform from neutral

* Edgewise Therapeutics Inc EWTX.O: RBC cuts target price to $52 from $56

* Edgewise Therapeutics Inc EWTX.O: Wedbush cuts target price to $43 from $45

* Element Solutions ESI.N: KeyBanc initiates coverage with overweight rating and PT $29

* Exxon Mobil XOM.N: Mizuho cuts target price to $129 from $131

* Fifth Third Bancorp FITB.O: JP Morgan cuts target price to $42 from $49

* Franklin Resources Inc BEN.N: BofA Global Research cuts PT to $17 from $20

* Frontier Group Holdings Inc ULCC.O: BofA Global Research cuts PT to $7 from $10

* Gaming and Leisure Properties Inc GLPI.O: Mizuho raises target price to $53 from $51

* Gartner IT.N: Deutsche Bank cuts target price to $455 from $544

* Gilead GILD.O: RBC cuts target price to $89 from $90

* HF Sinclair Corp DINO.N: Mizuho cuts target price to $40 from $45

* Huntington Bancshares Inc HBAN.O: JP Morgan cuts target price to $16 from $18.50

* Incyte INCY.O: RBC cuts target price to $64 from $68

* Intellia Therapeutics Inc NTLA.O: RBC cuts target price to $32 from $37

* Invesco Ltd IVZ.N: BofA Global Research cuts price objective to $18 from $19

* JetBlue Airways JBLU.O: BofA Global Research cuts PT to $4.25 from $5.25

* Kairos Pharma Ltd KAPA.A: H.C. Wainwright initiates coverage with buy rating

* Karman Holdings Inc KRMN.N: RBC raises target price to $38 from $35

* Karyopharm Therapeutics Inc KPTI.O: RBC cuts target price to $43 from $45

* Keycorp KEY.N: JP Morgan cuts target price to $16.50 from $18.50

* Kroger Co KR.N: Guggenheim raises target price to $73 from $71

* Kyverna Therapeutics, Inc KYTX.O: H.C. Wainwright cuts target price to $4 from $6

* Landstar System Inc LSTR.O: JP Morgan cuts target price to $147 from $177

* Landstar System Inc LSTR.O: TD Cowen cuts target price to $145 from $161

* Landstar System Inc LSTR.O: Truist Securities cuts target price to $150 from $160

* Light & Wonder Inc LNW.O: Stifel cuts target price to $93 from $104

* Loar Holdings Inc LOAR.N: Morgan Stanley raises to overweight from equal-weight

* Lyft Inc LYFT.O: Wells Fargo cuts target price to $13 from $14

* M&T Bank Corp MTB.N: JP Morgan cuts target price to $186.50 from $212.50

* Maplebear Inc CART.O: Wells Fargo cuts target price to $44 from $47

* McDonald's MCD.N: Citigroup cuts target price to $353 from $360

* McKesson Corp MCK.N: Deutsche Bank cuts target price to $692 from $700

* McKesson Corp MCK.N: Mizuho raises target price to $690 from $630

* Mediaalpha Inc MAX.N: BMO cuts target price to $23 from $27

* Meta META.O: RBC cuts target price to $740 from $800

* Metagenomi Inc MGX.O: H.C. Wainwright cuts target price to $7 from $14

* Moderna MRNA.O: RBC cuts target price to $32 from $40

* Ncino Inc NCNO.O: KBW cuts target price to $28 from $40

* Ncino Inc NCNO.O: Stephens cuts target price to $24 from $38

* Netstreit Corp NTST.N: Mizuho raises target price to $17 from $15

* Neurocrine Biosciences Inc NBIX.O: RBC cuts target price to $138 from $139

* Northern Trust Corp NTRS.O: JP Morgan cuts target price to $100.50 from $118

* Nvidia Corp NVDA.O: HSBC cuts to hold from buy; cuts target price to $120 from $175

* Oracle Corp ORCL.N: Melius Research cuts target price to $180 from $188

* P&G PG.N: Truist Securities raises target price to $185 from $180

* Park Hotels & Resorts Inc PK.N: BMO cuts target price to $12 from $14

* Pinterest PINS.N: RBC cuts target price to $45 from $50

* Plug Power Inc PLUG.O: Morgan Stanley cuts target price to $1.25 from $1.60

* PNC Financial Services PNC.N: JP Morgan cuts target price to $189 from $212.50

* PPG Industries Inc PPG.N: Wells Fargo cuts target price to $130 from $135

* Proficient Auto Logistics Inc PAL.O: Stifel raises target price to $18 from $17

* PTC Therapeutics Inc PTCT.O: RBC raises target price to $65 from $64

* PVH Corp PVH.N: Barclays raises target price to $103 from $98

* Realty Income Corp O.N: Mizuho raises target price to $59 from $54

* Regeneron Pharmaceuticals Inc REGN.O: Bernstein cuts PT to $979 from $1,010

* Regeneron Pharmaceuticals Inc REGN.O: RBC raises target price to $1,051 from $1,045

* Regenxbio Inc RGNX.O: RBC cuts target price to $25 from $30

* Regions Financial RF.N: JP Morgan cuts target price to $23 from $26

* Republic Services Inc RSG.N: Citigroup raises target price to $279 from $263

* Resources Connection Inc RGP.O: JP Morgan cuts target price to $5 from $9.50

* RH RH.N: Barclays cuts target price to $436 from $515

* RH RH.N: Guggenheim cuts target price to $300 from $500

* RH RH.N: Jefferies cuts target price to $273 from $358

* RH RH.N: Morgan Stanley cuts target price to $300 from $530

* RH RH.N: TD Cowen cuts target price to $220 from $510

* RH RH.N: Telsey Advisory Group cuts target price to $280 from $420

* RH RH.N: UBS cuts target price to $235 from $250

* RH RH.N: Wedbush cuts target price to $250 from $350

* Rxsight Inc RXST.O: BTIG cuts target price to $28 from $44

* Rxsight Inc RXST.O: Wells Fargo cuts target price to $22 from $35

* Ryman Hospitality Properties Inc RHP.N: BMO cuts PT to $111 from $120

* $Safehold Inc(SAFE-W)$ SAFE.N: Mizuho cuts target price to $19 from $25

* Sage Therapeutics Inc SAGE.O: RBC raises target price to $7 from $6

* SanDisk Corp SNDK.O: Susquehanna reinstates coverage with neutral rating; PT $70

* Sarepta Therapeutics Inc SRPT.O: Deutsche Bank cuts target price to $70 from $99

* Sarepta Therapeutics Inc SRPT.O: Needham cuts target price to $183 from $202

* Sherwin-Williams Company SHW.N: Wells Fargo cuts target price to $380 from $400

* Shift4 Payments Inc FOUR.N: Barclays cuts target price to $110 from $117

* Snap Inc SNAP.N: RBC cuts target price to $12 from $16

* State Street Corp STT.N: JP Morgan cuts target price to $91.50 from $108.50

* Sunoco LP SUN.N: Mizuho raises target price to $68 from $66

* Synchrony Financial SYF.N: Wells Fargo cuts target price to $70 from $85

* T Rowe price Group Inc TROW.O: BofA Global Research cuts PT to $85 from $90

* Tesla Inc TSLA.O: Truist Securities cuts target price to $280 from $373

* Truist Financial Corp TFC.N: JP Morgan cuts target price to $42 from $48

* Tuhura Biosciences Inc HURA.O: H.C. Wainwright cuts target price to $12 from $13

* U.S. Bancorp USB.N: Oppenheimer cuts target price to $63 from $65

* Uber Technologies Inc UBER.N: Wells Fargo raises target price to $90 from $87

* Unifirst Corp UNF.N: UBS raises target price to $196 from $194

* United Airlines UAL.O: BofA Global Research cuts price objective to $100 from $110

* UPS UPS.N: UBS cuts target price to $127 from $141

* Vici Properties Inc VICI.N: Mizuho raises target price to $34 from $30

* Victory Capital Holdings Inc VCTR.O: BofA Global Research cuts PT to $87 from $89

* W R Berkley Corp WRB.N: Truist Securities raises target price to $80 from $68

* Waste Management Inc WM.N: Citigroup raises target price to $274 from $255

* Wells Fargo & Co WFC.N: JP Morgan cuts target price to $73.50 from $82

* Zura Bio Limited ZURA.O: H.C. Wainwright cuts target price to $3 from $5

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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