Basic Materials
U.S. RESEARCH ROUNDUP-Adobe, Costar Group, Verisign
Dec 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adobe, Costar Group and Verisign on Friday. HIGHLIGHTS * Adobe Inc : Piper Sandler raises target price to $380 from $345 * Axcella Health Inc : SVB Securities cuts to market perform from outperform * Costar Group : JP Morgan initiates coverage with overweight rating and $100 PT * Lincoln National Corp : Jefferies cuts to underperform from hold * Verisign Inc : Baird raises to outperform; raises target price to $265 from $216 Following is a summary of research actions on U.S. companies reported by Reuters on Friday. Stock entries are in alphabetical order. * Adapthealth Corp : BofA Global Research raises price objective to $25.50 from $24 * Adobe Inc : Barclays raises target price to $340 from $330 * Adobe Inc : BMO raises target price to $390 from $332 * Adobe Inc : BofA Global Research raises price objective to $400 from $350 * Adobe Inc : Cowen and Company raises target price to $385 from $370 * Adobe Inc : Evercore ISI raises target price to $425 from $350 * Adobe Inc : Mizuho raises target price to $370 from $360 * Adobe Inc : Piper Sandler raises target price to $380 from $345 * Adobe Inc : Stifel raises target price to $400 from $375 * Adobe Inc : Wells Fargo raises target price to $350 from $340 * Agiliti Inc : BofA Global Research cuts to neutral from buy * Agilon Health Inc : BofA Global Research cuts price objective to $22 from $30 * Agilysys Inc : BTIG raises to buy from neutral * Agilysys Inc : Craig-Hallum raises target price to $80 * Agilysys Inc : Northland Capital raises target price to $90 from $68 * Air Products and Chemicals : Credit Suisse raises target price to $365 from $295 * Algonquin Power & Utilities : Credit Suisse raises target price to $11 from $10.75 * Algonquin Power & Utilities : National Bank of Canada cuts PT to $12 from $12.5 * Alight Inc : BofA Global Research initiates coverage with buy rating * Alight Inc : BofA Global Research initiates coverage with price objective $11 * Alnylam Pharmaceuticals : BofA Global Research ups price objective to $266 from $235 * Alnylam Pharmaceuticals : Piper Sandler raises target price to $253 from $226 * Alnylam Pharmaceuticals Inc : Jefferies raises target price to $271 from $230 * Altria Group Inc : BofA Global Research raises price objective to $49 from $48 * Amazon.Com Inc : JP Morgan cuts target price to $130 from $145 * Ambarella Inc : BofA Global Research raises price objective to $75 from $65 * Ambarella Inc : Needham raises target price to $100 from $85 * Amedisys Inc : BofA Global Research cuts price objective to $84 from $90 * Ameren Corp : JP Morgan raises target price to $101 from $93 * American Electric Power Company Inc : BMO raises target price to $105 from $95 * American Electric Power Company Inc : Credit Suisse raises PT to $100 from $87 * American Electric Power Company Inc : Evercore ISI raises PT to $100 from $92 * American Electric Power Company Inc : Mizuho cuts target price to $101 from $104 * AMN Healthcare Services : BofA Global Research cuts price objective to $140 from $145 * Analog Devices Inc : BofA Global Research raises price objective to $210 from $200 * Applied Materials Inc : BofA Global Research raises price objective to $140 from $125 * Aris Water Solutions Inc : Wells Fargo cuts target price to $17 from $20 * Aris Water Solutions Inc : Wells Fargo cuts to equal weight from overweight * Atlassian : Barclays initiates coverage with equal-weight rating and PT $155 * Aveanna Healthcare Holdings Inc : BofA Global Research cuts price objective to $0.85 from $1.1 * Axcella Health Inc : H.C. Wainwright cuts to neutral * Axcella Health Inc : SVB Securities cuts target price to $2 from $6 * Axcella Health Inc : SVB Securities cuts to market perform from outperform * Beauty Health Co : Piper Sandler cuts target price to $15 from $16 * Bellring Brands Inc : BofA Global Research raises price objective to $30 from $27 * Bigcommerce Holdings Inc : Piper Sandler cuts target price to $16 from $18 * Biocryst Pharmaceuticals : Barclays cuts target price to $10 from $12 * Biocryst Pharmaceuticals : BofA Global Research cuts price objective to $12 from $15 * Booking Holdings Inc : Ascendiant Capital Markets cuts PT to $2,400 from $2,500 * Broadcom Inc : BofA Global Research raises price objective to $680 from $650 * Broadmark Realty Capital Inc : Piper Sandler cuts target price to $3.75 from $5 * Brookdale Senior Living : BofA Global Research cuts price objective to $3 from $4.1 * Brookfield Corp : KBW cuts target price to $41 from $65 * Cadence Design Systems Inc : BofA Global Research raises price objective to $205 from $185 * Cadence Design Systems Inc : BofA Global Research raises to buy from neutral * Camtek Ltd : BofA Global Research cuts price objective to $25 from $27 * Cano Health Inc : BofA Global Research cuts price objective to $1.2 from $1.5 * Chargepoint Holdings Inc : Stifel cuts target price to $25 from $26 * Cleveland-Cliffs : UBS initiates coverage with neutral rating and target price $17 * Cleveland-Cliffs : UBS starts with neutral rating; target price $17 * CNX Resources Corp : BofA Global Research cuts price objective to $19 from $23 * Coca-Cola Co : BofA Global Research raises price objective to $74 from $65 * Coca-Cola Europacific Partners Plc : BofA Global Research raises price objective to $64 from $55 * Coeur Mining Inc : BMO cuts target price to $3.5 from $3.75 * Coeur Mining Inc : Raymond James cuts target price to $4 from $4.5 * Comcast Corp : Rosenblatt Securities raises target price to $32 from $30 * Community Health Systems Inc : BofA Global Research raises price objective to $4 from $3.5 * Conagra Brands Inc : BofA Global Research raises price objective to $38 from $36 * Core & Main Inc : Citigroup cuts target price to $22 from $26 * Costar Group : JP Morgan initiates coverage with overweight rating and $100 PT * Coupa Software Inc : Barclays raises target price to $81 from $53 * Coupa Software Inc. : Barclays raises target price to $81 from $53 * Cracker Barrel Old Country Store Inc : UBS initiates coverage with neutral rating * Cracker Barrel Old Country Store Inc : UBS initiates coverage with PT $105 * Cracker Barrel Old Country Store Inc : UBS starts with neutral rating * Cracker Barrel Old Country Store Inc : UBS starts with target price $105 * Crestwood Equity Partners LP : Wells Fargo raises to overweight from equal weight * Crocs Inc : Piper Sandler raises target price to $118 from $95 * Dexcom Inc : Baird raises target price to $130 from $120 * DT Midstream Inc : Wells Fargo cuts target price to $62 from $68 * DT Midstream Inc : Wells Fargo cuts to equal weight from overweight * Dupont : Credit Suisse raises target price to $80 from $75 * Dupont : UBS raises target price to $84 from $79 * Dupont De Nemours Inc : UBS raises target price to $84 from $79 * Easterly Government Properties Inc : BMO cuts target price to $14 from $18 * Easterly Government Properties Inc : BMO cuts to underperform from market perform * Eldorado Gold Corp : TD Securities raises target price to $9 from $7 * ELF Beauty Inc : BofA Global Research raises price objective to $65 from $53 * Eli Lilly : SVB Securities raises target price to $410 from $384 * Encompass Health Corp : BofA Global Research raises price objective to $65 from $59 * Equitrans Midstream Corporation : Wells Fargo cuts target price to $8 from $12 * Equitrans Midstream Corporation : Wells Fargo cuts to equal weight from overweight * Equity Residential : BMO cuts target price to $61 from $70 * Equity Residential : BMO cuts to underperform from market perform * Estee Lauder Companies : BofA Global Research raises price objective to $260 from $230 * Excelerate Energy, Inc. : Wells Fargo raises target price to $31 from $30 * Expedia Group : Ascendiant Capital Markets cuts target price to $141 from $190 * Fidelity National Information Services : Raymond James raises PT to $86 from $83 * Fidelity National Information Services : Stephens raises target to $80 from $65 * First Bank (Hamilton) : D.A. Davidson cuts target price by $1 to $19 * First Bank (Hamilton) : Hovde Group cuts target price to $17 from $18 * Fortune Brands Innovations Inc : Truist Securities cuts PT to $70 from $85 * General Electric : Barclays raises target price to $96 from $92 * General Electric Company : Wells Fargo raises target price to $85 from $74 * Genesis Energy L.P. : Wells Fargo cuts target price to $11 from $14 * Gitlab Inc : Barclays initiates coverage with overweight rating and target $65 * Guardant Health Inc : BofA Global Research raises price objective to $70 from $65 * Guardant Health Inc : BTIG cuts target price to $60 from $80 * Guardant Health Inc : Canaccord Genuity cuts target price to $65 from $99 * Guardant Health Inc : Citigroup cuts price target to $60 from $80 * Guardant Health Inc : Cowen and Company cuts target price to $70 from $83 * Guardant Health Inc : SVB Securities cuts target price to $55 from $80 * Gxo Logistics Inc : Oppenheimer cuts target price to $52 from $64 * Harley-Davidson Inc : UBS raises target price to $49 from $42 * HCA Healthcare Inc : BofA Global Research raises price objective to $280 from $275 * HCA Healthcare Inc : SVB Securities raises target price to $286 from $238 * Hercules Capital Inc : Piper Sandler cuts target price to $14.5 from $15 * Hershey Co : BofA Global Research raises price objective to $270 from $252 * Hess Midstream LP : Wells Fargo cuts target price to $31 from $32 * Ironwood Pharmaceuticals Inc : JP Morgan raises target price to $16 from $13 * J & J Snack Foods Corp : Benchmark raises target price to $175 * Jabil Inc : Citigroup raises price target to $85 from $80 * Jabil Inc : JP Morgan raises target price to $92 from $80 * Jabil Inc : UBS raises target price to $78 from $76 * Keurig DR Pepper Inc : JP Morgan cuts target price to $40 from $43 * Kimberly-Clark Corp : BofA Global Research raises price objective to $142 from $130 * Kla Corp : BofA Global Research raises price objective to $480 from $430 * KLA Corp : Citigroup removes stock from its focus list * Krispy Kreme Inc : JP Morgan cuts target price to $13 from $15 * Lam Research Corp : BofA Global Research raises price objective to $560 from $540 * Lamb Weston Holdings Inc : BofA Global Research raises price objective to $105 from $95 * Lennar Corp : BofA Global Research raises price objective to $92 from $82 * Lennar Corp : BTIG raises target price to $104 from $101 * Lennar Corp : Evercore ISI raises target price to $120 from $115 * Lennar Corp : RBC raises target price to $79 from $72 * Lennar Corp : UBS raises target price to $116 from $106 * Lennar Corp : Wedbush raises target price to $94 from $84 * Lennox International Inc : Mizuho raises target price $260 from $210 * Lennox International Inc : Mizuho raises to neutral from underperform * Lincoln National Corp : Jefferies cuts target price to $25 from $40 * Lincoln National Corp : Jefferies cuts to underperform from hold * LTC Properties Inc : BMO cuts to underperform from market perform * Lument Finance Trust Inc : Piper Sandler cuts target price to $2 from $2.25 * Lumentum Holdings Inc : BofA Global Research cuts price objective to $60 from $62 * Macom Technology Solutions Holdings Inc : BofA Global Research raises price objective to $82 from $70 * Magellan Midstream Partners L.P. : Wells Fargo cuts target price to $56 from $57 * Magellan Midstream Partners L.P. : Wells Fargo cuts to equal weight from overweight * Magnite Inc : Needham raises target price to $15 from $9 * Marvell Technology Inc : BofA Global Research cuts price objective to $52 from $65 * Maxar Technologies Inc : Wells Fargo cuts to equal weight from overweight * Maxar Technologies Inc : Wells Fargo raises target price to $53 from $34 * McCormick & Company Inc : BofA Global Research raises price objective to $78 from $74 * Mednax Inc : BofA Global Research cuts price objective to $16 from $17 * Mercury Systems Inc : RBC cuts target price to $54 from $60 * Mercury Systems Inc : RBC cuts to sector perform from outperform * Meta Platforms Inc : JP Morgan raises target price to $150 from $115 * Meta Platforms Inc : JP Morgan raises to overweight from neutral * Microchip Technology Inc : BofA Global Research raises price objective to $88 from $85 * Micron Technology Inc : BofA Global Research cuts price objective to $58 from $67 * Mondelez : BofA Global Research raises price objective to $77 from $70 * Monster Beverage Corp : BofA Global Research raises price objective to $125 from $109 * Monster Beverage Corp : Stifel raises target price to $113 from $105 * MPLX LP : Wells Fargo raises target price to $41 from $40 * Nike Inc : Cowen and Company raises target price to $122 from $118 * Nike Inc : Credit Suisse raises target price to $122 from $110 * Nustar Energy L.P. : Wells Fargo cuts target price to $16 from $18 * Nvidia Corp : BofA Global Research raises price objective to $215 from $205 * Omniab Inc : Credit Suisse starts with outperform rating; target price $13 * One Gas Inc : BofA Global Research cuts price objective to $79 from $85 * One Gas Inc : BofA Global Research cuts to neutral from buy * Oneok Inc : Wells Fargo raises target price to $75 from $68 * Oneok Inc : Wells Fargo raises to overweight from equal weight * Outbrain Inc : Needham cuts target price to $4.50 from $7 * Pepsico Inc : BofA Global Research raises price objective to $205 from $190 * Philip Morris International Inc : BofA Global Research raises price objective to $116 from $104 * Privia Health Group Inc : BofA Global Research cuts price objective to $30 from $40 * Prometheus Biosciences Inc : SVB Securities raises target price to $160 from $60 * Prudential Financial Inc : Wells Fargo cuts to underweight from equal weight * Pubmatic Inc : Oppenheimer cuts target price to $22 from $23 * Radius Global Infrastructure Inc : RBC starts with $13 target price * Radius Global Infrastructure Inc : RBC starts with sector perform rating * Rci Hospitality Holdings : H.C. Wainwright raises target price to $140 from $120 * Revolve Group Inc : UBS initiates coverage with neutral rating and PT $25 * Roblox Corp : Needham cuts target price to $39 from $47 * Roblox Corp : Wedbush cuts target price to $30 from $33 * RPM International Inc : Credit Suisse raises target price to $120 from $106 * Senti Biosciences Inc : JP Morgan initiates with neutral rating * Sitio Royalties Corp : Keybanc initiates coverage with $36 target price * Sitio Royalties Corp : Keybanc initiates coverage with overweight rating * Smartsheet Inc : Barclays initiates coverage with equal-weight rating * Smartsheet Inc : Barclays initiates coverage with target price $45 * Smartsheet Inc : Berenberg raises target price to $55 from $52 * Sonoco Products Co : UBS raises target price to $66 from $64 * Southern Co : BMO raises target price to $74 from $68 * Southwest Gas Holdings Inc : Siebert Williams cuts target price to $94 from $100 * Southwest Gas Holdings Inc : Wells Fargo cuts target price to $71 from $73 * Sunoco LP : Wells Fargo raises target price to $47 from $43 * Synopsys Inc : BofA Global Research raises to buy from neutral * Targa Resources Corp : Wells Fargo raises target price to $89 from $86 * Teradyne Inc : BofA Global Research raises price objective to $100 from $90 * Texas Instruments Inc : BofA Global Research raises price objective to $192 from $175 * The Williams Companies Inc : Wells Fargo cuts target price to $37 from $39 * The Williams Companies Inc : Wells Fargo cuts to equal weight from overweight * Third Harmonic Bio Inc : Jefferies cuts target price to $3.60 from $30 * Third Harmonic Bio Inc : Jefferies cuts to hold from buy * Traeger Inc : William Blair assumes coverage with market perform rating * Transmedics Group Inc : Cowen and Company raises target price to $70 from $60 * Trip.Com Group Ltd : Barclays raises target price to $40 from $30 * Triplepoint Venture Growth BDC Corp : Piper Sandler cuts PT to $12 from $13.5 * Twilio Inc : Credit Suisse cuts target price to $65 from $80 * Universal Health Services Inc : BofA Global Research raises price objective to $145 from $120 * Universal Health Services Inc : BofA Global Research raises to neutral from underperform * Urstadt Biddle Properties Inc : Piper Sandler raises target price to $21 from $19 * Vaxcyte Inc : SVB Securities initiates coverage with $60 target price * Vaxcyte Inc : SVB Securities initiates coverage with outperform rating * Verisign Inc : Baird raises to outperform; raises target price to $265 from $216 * Vita Coco Company Inc : BofA Global Research raises price objective to $16 from $12 * Westinghouse Air Brake Technologies : Wells Fargo raises PT to $115 from $107 * Williams Companies Inc : Mizuho cuts target price to $39 from $40 * Wolfspeed Inc : BofA Global Research cuts price objective to $78 from $89 * XPO Logistics Inc : Cowen and Company cuts target price to $50 from $59 * XPO Logistics Inc. : Barclays cuts target price to $45 from $65 * Yum Brands : RBC raises target price to $132 from $128 * Zevia Pbc : BofA Global Research raises price objective to $4.50 from $4 (Compiled by Bengaluru Newsroom)