---
title: "U.S. RESEARCH ROUNDUP-Cambridge Bancorp, Forward Air, Ribbon Communications"
description: "July 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cambridge Bancorp, Forward Air and Ribbon Communications, on Wed"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/93014174.md"
published_at: "2023-07-19T07:22:07.000Z"
---

# U.S. RESEARCH ROUNDUP-Cambridge Bancorp, Forward Air, Ribbon Communications

> July 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cambridge Bancorp, Forward Air and Ribbon Communications, on Wednesday.

July 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cambridge Bancorp, Forward Air and Ribbon Communications, on Wednesday.

### HIGHLIGHTS

-   Cambridge Bancorp (CATC.O) : Piper Sandler cuts to neutral from overweight
    
-   Forward Air Corp (FWRD.O) : Baird raises to outperform from neutral
    
-   Ribbon Communications (RBBN.O) : Craig-Hallum initiates coverage with buy rating
    

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

-   AAR Corp (AIR.N) : RBC raises target price to $66 from $60
    
-   Altus Power Inc (AMPS.N) : JP Morgan raises target price to $10 from $9
    
-   Amphenol Corp (APH.N) : Baird raises target price to $89 from $87
    
-   Ares Management Corp (ARES.N) : JP Morgan raises target price to $104 from $96
    
-   Array Technologies Inc (ARRY.O) : Goldman Sachs raises target price to $28 from $27
    
-   Array Technologies Inc (ARRY.O) : JP Morgan raises target price to $33 from $31
    
-   Azek Company Inc (AZEK.N) : Baird raises target price to $38 from $30
    
-   Bank of America Corp (BAC.N) : Jefferies raises target price to $31 from $30
    
-   Bank of America Corp (BAC.N) : KBW raises target price to $31 from $28
    
-   Bank of New York Mellon Corp (BK.N) : Evercore ISI raises target price to $47 from $46
    
-   Bank of New York Mellon Corp (BK.N) : Jefferies raises target price to $55 from $54
    
-   Bank of New York Mellon Corp (BK.N) : RBC raises target price to $50 from $49
    
-   Bloom Energy Corp (BE.N) : JP Morgan raises target price to $22 from $20
    
-   Cambridge Bancorp (CATC.O) : KBW cuts target price to $56 from $58
    
-   Cambridge Bancorp (CATC.O) : Piper Sandler cuts to neutral from overweight
    
-   Charles Schwab Corp (SCHW.N) : JP Morgan raises target price to $95 from $92
    
-   Charles Schwab Corp (SCHW.N) : Piper Sandler raises target price to $77 from $69
    
-   Charles Schwab Corp (SCHW.N) : Raymond James raises target price to $77 from $64
    
-   Cinemark Holdings Inc (CNK.N) : JP Morgan cuts to neutral from overweight
    
-   Cinemark Holdings Inc (CNK.N) : JP Morgan cuts target price to $18 from $21
    
-   Constellation Brands Inc (STZ.N) : Evercore ISI raises target price to $300 from $260
    
-   Crossfirst Bankshares Inc (CFB.O) : Piper Sandler raises target price to $12 from $11
    
-   Enphase Energy Inc (ENPH.O) : Goldman Sachs cuts target price to $250 from $285
    
-   Enphase Energy Inc (ENPH.O) : JP Morgan cuts target price to $224 from $258
    
-   Enviva Inc (EVA.N) : JP Morgan raises target price to $14 from $12
    
-   Equity Lifestyle Properties Inc (ELS.N) : RBC cuts target price to $69 from $70
    
-   FB Financial Corp (FBK.N) : D.A. Davidson raises target price by $3.50 to $37
    
-   FB Financial Corp (FBK.N) : JP Morgan raises target price to $32 from $31
    
-   FB Financial Corp (FBK.N) : Piper Sandler raises target price to $30 from $28
    
-   First Solar Inc (FSLR.O) : JP Morgan raises target price to $192 from $185
    
-   Forward Air Corp (FWRD.O) : Baird raises to outperform from neutral
    
-   Forward Air Corp (FWRD.O) : Baird raises target price to $130 from $106
    
-   Generac Holdings Inc (GNRC.N) : JP Morgan raises target price to $189 from $169
    
-   Hancock Whitney Corp (HWC.O) : D.A. Davidson raises target price by $4.50 to $49
    
-   Hancock Whitney Corp (HWC.O) : Truist Securities raises target price to $47 from $43
    
-   Hannon Armstrong Sustainable Infrastructure Capital (HASI.N) : JP Morgan cuts PT to $45
    

from $49

-   Home Bancorp Inc (HBCP.O) : Piper Sandler raises target price to $42 from $41
    
-   Immunogen Inc (IMGN.O) : Piper Sandler raises target price to $24 from $16
    
-   Itron Inc (ITRI.O) : JP Morgan raises target price to $64 from $54
    
-   J B Hunt Transport Services Inc (JBHT.O) : JP Morgan raises target price to $220 from
    

$208

-   Littelfuse Inc (LFUS.O) : Baird raises target price to $325 from $285
    
-   Lockheed Martin Corp (LMT.N) : JP Morgan cuts target price to $495 from $500
    
-   Lockheed Martin Corp (LMT.N) : RBC cuts target price to $475 from $500
    
-   Lockheed Martin Corp (LMT.N) : Vertical Research cuts target price to $505 from $514
    
-   Lockheed Martin Corp (LMT.N) : Wells Fargo raises target price to $440 from $433
    
-   Mercantile Bank Corp (MBWM.O) : KBW raises target price to $39 from $38
    
-   Mercantile Bank Corp (MBWM.O) : Piper Sandler raises target price to $37 from $34
    
-   Microsoft (MSFT.O) : JP Morgan raises target price to $385 from $350
    
-   Microsoft (MSFT.O) : TD Cowen raises target price to $390 from $330
    
-   Moody’s Corp (MCO.N) : JP Morgan raises target price to $380 from $340
    
-   Morgan Stanley (MS.N) : JP Morgan raises target price to $93 from $91
    
-   Morgan Stanley (MS.N) : KBW raises target price to $105 from $100
    
-   Morgan Stanley (MS.N) : RBC raises target price to $90 from $80
    
-   Nextera Energy Partners LP (NEP.N) : JP Morgan cuts target price to $69 from $72
    
-   Nextracker Inc (NXT.O) : JP Morgan raises target price to $50 from $44
    
-   Nicolet Bankshares Inc (NIC.N) : Piper Sandler raises target price to $83 from $75
    
-   Ormat Technologies Inc (ORA.N) : JP Morgan raises target price to $89 from $86
    
-   Owens Corning (OC.N) : Evercore ISI raises target price to $162 from $150
    
-   PNC Financial Services Group Inc (PNC.N) : Jefferies cuts target price to $112 from $115
    
-   PNC Financial Services Group Inc (PNC.N) : KBW raises target price to $127 from $118
    
-   PNC Financial Services Group Inc (PNC.N) : RBC cuts target price to $140 from $148
    
-   Prologis Inc (PLD.N) : Evercore ISI raises target price to $132 from $130
    
-   Ribbon Communications (RBBN.O) : Craig-Hallum initiates coverage with buy rating
    
-   Ribbon Communications (RBBN.O) : Craig-Hallum initiates coverage with target price $5.5
    
-   S&P Global Inc (SPGI.N) : JP Morgan raises target price to $475 from $430
    
-   Shoals Technologies Group Inc (SHLS.O) : JP Morgan raises target price to $38 from $35
    
-   Simpson Manufacturing Co Inc (SSD.N) : Baird raises target price to $176 from $140
    
-   Sunnova Energy International Inc (NOVA.N) : JP Morgan cuts target price to $37 from $40
    
-   Sunpower Corp (SPWR.O) : Goldman Sachs cuts target price to $11 from $12
    
-   Sunpower Corp (SPWR.O) : JP Morgan cuts target price to $13 from $16
    
-   Sunrun Inc (RUN.O) : JP Morgan cuts target price to $38 from $47
    
-   Synchrony Financial (SYF.N) : Evercore ISI raises target price to $41 from $39
    
-   Synchrony Financial (SYF.N) : Jefferies raises target price to $43 from $40
    
-   Synchrony Financial (SYF.N) : KBW raises target price to $37 from $35
    
-   Synchrony Financial (SYF.N) : Piper Sandler raises target price to $43 from $42
    
-   Synchrony Financial (SYF.N) : Stephens raises target price to $39 from $35
    
-   System1 Inc (SST.N) : Evercore ISI cuts target price to $5 from $6
    
-   TPI Composites Inc (TPIC.O) : JP Morgan raises target price to $18 from $17
    
-   Tractor Supply Co (TSCO.O) : Baird cuts target price to $260 from $265
    
-   Trex Company Inc (TREX.N) : Baird raises target price to $78 from $62
    
-   Tyler Technologies Inc (TYL.N) : D.A. Davidson raises target price to $412 from $395
    
-   Walt Disney Co (DIS.N) : Goldman Sachs cuts target price to $128 from $130
    
-   Warner Bros Discovery Inc (WBD.O) : Goldman Sachs cuts target price to $20 from $21
    

(Compiled by Bengaluru Newsroom)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.