U.S. RESEARCH ROUNDUP-Biomea Fusion, Enphase Energy, Perion Network

Reuters06-11

June 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several US-listed companies, including Biomea Fusion, Enphase Energy and Perion Network, on Tuesday.

HIGHLIGHTS

* Biomea Fusion Inc : Truist Securities cuts to hold from buy

* Cleveland-Cliffs Inc : JP Morgan cuts to neutral from overweight

* Enphase Energy Inc : HSBC raises to buy from hold

* Perion Network Ltd : Needham cuts to hold from buy

* TD Synnex Corp : RBC raises target price to $135 from $118

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

* Alphabet Inc : Evercore ISI raises target price to $225 from $220

* Bat : Morgan Stanley cuts target price to $34 from $35.5

* Biomea Fusion Inc : Truist Securities cuts to hold from buy

* Cleveland-Cliffs Inc : JP Morgan cuts to neutral from overweight

* Cleveland-Cliffs Inc : JP Morgan cuts to target price to $17 from $23

* Comstock Resources Inc : Gerdes Energy Research cuts to neutral from buy

* Confluent Inc : Evercore ISI initiates coverage with outperform rating; PT $35

* Eli Lilly : Jefferies raises target price to $994 from $957

* Enliven Therapeutics Inc : Baird initiates coverage with outperform rating; PT $32

* Enphase Energy Inc : HSBC raises target price to $166 from $104

* Enphase Energy Inc : HSBC raises to buy from hold

* Ford Motor Co : HSBC raises target price to $13 from $11.3

* Fuelcell Energy Inc : Jefferies cuts target price to $1.11 from $1.25

* General Motors Co : HSBC raises target price to $56 from $48

* Longboard Pharmaceuticals Inc : B. Riley raises target price to $36 from $30

* Micron Technology Inc : Bernstein raises target price to $140 from $105

* Nucor Corp : JP Morgan cuts target price to $180 from $190

* Nvidia Corp : Evercore ISI adjusts PT to $131 from $1310 to reflect 10-for-1 stock split

* Nvidia Corp : Oppenheimer adjusts PT to $150 from $110 to reflect 10-for-1 stock split

* Perion Network Ltd : Needham cuts to hold from buy

* Prokidney Corp : Jefferies cuts target price to $6 from $15

* RLJ Lodging Trust : Baird cuts target price to $12 from $13

* Skye Bioscience Inc : Oppenheimer cuts target price to $21 from $25

* TD Synnex Corp : RBC raises target price to $135 from $118

* Walmart : HSBC raises target price to $81 from $70

* Western Digital Corp : Susquehanna raises target price to $88 from $80

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment