Analysts on Wall Street have revised their ratings and price targets on several US-listed companies, including Amazon, Diamondback Energy, and Matador Resources, on Wednesday.
Key Points:
- Amazon (AMZN.O): JP Morgan raises price target from $265 to $280.
- Diamondback Energy Inc (FANG.O): Gerdes Energy Research downgrades from “buy” to “neutral”.
- EVgo Inc (EVGO.O): JP Morgan resumes coverage with a neutral rating instead of overweight.
- Matador Resources Co (MTDR.N): Gerdes Energy Research changes recommendation from “buy” to “neutral”.
- National Bank Holdings Corp (NBHC.N): Piper Sandler initiates coverage with an overweight rating.
Here is a summary of research actions on US companies reported by Reuters on Wednesday, listed alphabetically.
- AAR Corp (AIR.N): RBC raises target price from $105 to $125.
- Aardvark Therapeutics Inc (AARD.O): Jonestrading lowers price target from $33 to $19.
- American Financial Group Inc (AFG.N): KBW raises price target to $140 from $134.
- Blaize Holdings Inc (BZAI.O): D.A. Davidson decreases price target from $10 to $3.
- Braze Inc (BRZE.O): Piper Sandler lowers price target from $30 to $27.
- Braze Inc (BRZE.O): Raymond James raises target from $25 to $27.
- Corning (GLW.N): HSBC raises target to $146 from $135.
- Freshpet Inc (FRPT.O): JP Morgan reduces price target from $80 to $66.
- Home Depot Inc (HD.N): Exane BNP Paribas lowers price target to $348 from $391.
- KB Home (KBH.N): Barclays decreases price target from $56 to $62.
- KB Home (KBH.N): Truist Securities lowers price target from $54 to $65.
- Kraft Heinz (KHC.O): JP Morgan lowers target to $21 from $22.
- Lenz Therapeutics Inc (LENZ.O): Piper Sandler reduces target from $39 to $62.
- McCormick & Company Inc (MKC.N): JP Morgan lowers target from $78 to $67.
- National Bank Holdings Corp (NBHC.N): Piper Sandler initiates coverage with an overweight rating and a target price of $48.
- Vital Farms Inc (VITL.O): Jefferies reduces target price to $18 from $40.
