U.S. RESEARCH ROUNDUP-Commercial Metals, M&T Bank, Simon Property

Reuters09-03

Sept 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Commercial Metals, M&T Bank Corp and Simon Property Group, on Tuesday.

HIGHLIGHTS

* Commercial Metals Co : Jefferies initiates with buy rating; price target $65

* M&T Bank Corp : JP Morgan raises to overweight from neutral

* Simon Property Group Inc : Piper Sandler cuts to neutral from overweight

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

* Abercrombie & Fitch Co : Jefferies raises target price to $220 from $215

* Aflac Inc : Jefferies raises target price to $97 from $88

* Allstate Corp : TD Cowen raises target price to $224 from $193

* Ameriprise Financial Inc : Jefferies raises target price to $511 from $506

* Brown-Forman Corp : Roth MKM cuts target price to $48 from $49

* BXP Inc : Piper Sandler raises target price to $78 from $70

* CNO Financial Group Inc : Jefferies raises target price to $31 from $29

* Commercial Metals Co : Jefferies initiates with buy rating; price target $65

* Core & Main Inc : JP Morgan cuts target price to $52 from $54

* Corebridge Financial Inc : Jefferies raises target price to $39 from $37

* Envoy Medical Inc : Ascendiant Capital Markets raises PT to $8.75 from $8.5

* Foghorn Therapeutics Inc. : Jefferies initiates coverage with buy rating; PT $18

* Globe Life Inc : Jefferies raises target price to $95 from $90

* Hannon Armstrong : RBC initiates coverage with outperform rating

* Hannon Armstrong : RBC initiates coverage with PT $41

* Jabil Inc : JP Morgan cuts target price to $133 from $137

* Jackson Financial Inc : Jefferies raises target price to $78 from $74

* Kite Realty Group Trust : Piper Sandler raises target price to $33 from $30

* Lincoln National Corp : Jefferies raises target price to $40 from $38

* M&T Bank Corp : JP Morgan raises target price to $215 from $183

* M&T Bank Corp : JP Morgan raises to overweight from neutral

* Macerich Co : Piper Sandler raises target price to $14 from $11

* Metlife Inc : Jefferies raises target price to $89 from $81

* nCino Inc : Raymond James raises to outperform from market perform

* Newmark Group Inc : Piper Sandler raises target price to $17 from $13

* Progressive Corp : KBW raises target price to $275 from $255

* Prudential Financial Inc : Jefferies raises target price to $140 from $132

* Reinsurance Group of America Inc : Jefferies raises PT to $268 from $253

* Simon Property Group Inc : Piper Sandler cuts to neutral from overweight

* Simon Property Group Inc : Piper Sandler cuts target price to $175 from $190

* Sotherly Hotels Inc : Piper Sandler cuts target price to $1.5 from $2

* Unum Group : Jefferies raises target price to $67 from $64

* Vera Therapeutics Inc : JP Morgan raises target price to $72 from $62

(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