Financial analysts on Wall Street revised their ratings and price targets for several US-listed companies, including Dow, Oracle, and Shopify.
Highlights: – Dow Inc: RBC raised the rating to “outperform” from “sector perform”; increased price target from $29 to $40 – Oracle Corp: Barclays lowered the price target from $310 to $230 – Shopify Inc: Jefferies raised the price target from $125 to $150
Here is a summary of research actions on US companies reported by Reuters on Monday, listed alphabetically: – APA Corporation: Jefferies raised the target price from $22 to $26 – Chord Energy Corp: Jefferies raised the target price from $99 to $119 – Coterra Energy Inc: Texas Capital Securities downgraded the rating from “buy” to “hold” – Coterra Energy Inc: Texas Capital Securities reduced the price target from $34 to $31 – Day One Biopharmaceuticals Inc: TD Cowen downgraded the rating from “buy” to “hold” – Day One Biopharmaceuticals Inc: TD Cowen reduced the price target from $24 to $21.5 – Devon Energy Corp: Jefferies raised the target price from $36 to $44 – Diamondback Energy Inc: Jefferies raised the price target from $173 to $177 – Dutch Bros Inc: Piper Sandler reduced the price target from $63 to $59 – Leidos: JP Morgan reduced the price target from $230 to $210 – Oracle Corp: Barclays reduced the price target from $310 to $230 – Oracle Corp: La Banque Scotia reduced the price target to $215, from $220 previously – Ovintiv Inc: Jefferies raised the price target from $54 to $65 – Shopify Inc: Jefferies raised the target price to $150, from $125 previously – Solv Energy Inc: CIBC initiated coverage with an outperform rating – Solv Energy Inc: CIBC initiated coverage with a price target of $37 – Solv Energy Inc: JP Morgan initiated coverage with an overweight rating and a price target of $34 – Syndax Pharmaceuticals Inc: JP Morgan raised the price target from $33 to $45 – USA Compression Partners LP: Texas Capital Securities raised the rating from “hold” to “buy” – USA Compression Partners LP: Texas Capital Securities raised the price target from $26 to $31.
