
U.S. RESEARCH ROUNDUP- BCB Bancorp, Cadence Design Systems, Intellia Therapeutics

Wall Street analysts have updated their ratings and price targets for several U.S.-listed companies. BCB Bancorp's target price was cut to $9 by KBW, while Cadence Design Systems saw an increase to $405 from JP Morgan. Intellia Therapeutics was downgraded by RBC to sector perform with a target price reduction to $14. Other notable changes include target price increases for Ameren Corp, American Airlines, and Mohawk Industries, among others, reflecting a mix of upgrades and downgrades across various sectors.
Oct 28 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including BCB Bancorp, Cadence Design Systems and Intellia Therapeutics, on Tuesday.
HIGHLIGHTS
- BCB Bancorp Inc (BCBP.O) : KBW cuts target price to $9 from $9.5
- Cadence Design Systems Inc (CDNS.O) : JP Morgan raises target price to $405 from
$390
- Intellia Therapeutics Inc (NTLA.O) : RBC cuts to sector perform from outperform
- Plymouth Industrial REIT Inc (PLYM.N) : Colliers cuts to neutral from buy
- WEC Energy Group Inc (WEC.N) : RBC resumes coverage with sector perform rating;
PT $131 Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
- 1St Source Corp (SRCE.O) : D.A. Davidson raises target price to $69 from $67
- Ameren Corp (AEE.N) : >: RBC initiates coverage with sector perform rating; PT $119
- American Airlines (AAL.O) : TD Cowen raises target price to $18 from $13
- Amkor Technology Inc (AMKR.O) : JP Morgan raises target price to $32 from $27
- Aveanna Healthcare Holdings Inc (AVAH.O) : Jefferies raises PT to $12.5 from $11
- Avidity Biosciences Inc (RNA.O) : RBC cuts to sector perform from outperform
- Avidity Biosciences Inc (RNA.O) : RBC raises target price to $72 from $61
- BCB Bancorp Inc (BCBP.O) : KBW cuts target price to $9 from $9.5
- Bed Bath & Beyond Inc (BBBY.N) : Jefferies cuts target price to $9 from $9.5
- Biomarin Pharmaceutical Inc (BMRN.O) : RBC cuts target price to $66 from $70
- Boot Barn Holdings Inc (BOOT.N) : Seaport Research Partners cuts to neutral from buy
- Byline Bancorp Inc (BY.N) : Piper Sandler raises target price to $35 from $34
- Cadence Bank (CADE.N) : Piper Sandler cuts to neutral from overweight
- Cadence Bank (CADE.N) : Piper Sandler cuts target price to $40 from $41
- Cadence Design Systems Inc (CDNS.O) : JP Morgan raises target price to $405 from $390
- Confluent Inc (CFLT.O) : D.A.Davidson raises target price to $29 from $27
- Confluent Inc (CFLT.O) : Piper Sandler raises target price to $28 from $27
- Confluent Inc (CFLT.O) : Raymond James raises target price to $30 from $25
- Confluent Inc (CFLT.O) : TD Cowen raises target price to $27 from $24
- Dominion Energy (D.N) : RBC resumes coverage with sector perform rating; PT $70
- Duke Energy Corp (DUK.N) : RBC resumes coverage with sector perform rating; PT $143
- Eastgroup Properties Inc (EGP.N) : Jefferies raises target price to $200 from $194
- Eastgroup Properties Inc (EGP.N) : RBC raises target price to $183 from $182
- Elevance Health (ELV.N) : JP Morgan raises target price to $394 from $384
- Entergy (ETR.N) : RBC resumes coverage with outperform rating; price target $115
- Evergy Inc (EVRG.O) : RBC initiates coverage with outperform rating; price target $93
- F5 Inc (FFIV.O) : JP Morgan cuts target price to $295 from $320
- F5 Inc (FFIV.O) : Piper Sandler cuts target price to $277 from $355
- First Hawaiian Inc (FHB.O) : KBW raises target price to $29 from $28
- Ford (F.N) : Daiwa Capital Markets raises target price to $13 from $11
- General Dynamics Corp (GD.N) : JP Morgan raises target price to $380 from $345
- Globe Life Inc (GL.N) : KBW raises target price to $162 from $160
- Intellia Therapeutics Inc (NTLA.O) : RBC cuts to sector perform from outperform
- Intellia Therapeutics Inc (NTLA.O) : RBC cuts target price to $14 from $21
- Lakeland Financial Corp (LKFN.O) : KBW cuts target price to $66 from $68
- Mohawk Industries Inc (MHK.N) : JP Morgan raises target price to $152 from $140
- Northfield Bancorp Inc (NFBK.O) : KBW cuts target price to $12 from $13
- OGE Energy Corp (OGE.N) : RBC initiates coverage with sector perform rating; PT $51
- Pinnacle West Capital Corp (PNW.N) : RBC resumes coverage with sector perform rating
- Pinnacle West Capital Corp (PNW.N) : RBC resumes coverage with price target $99
- Plymouth Industrial REIT Inc (PLYM.N) : Colliers cuts to neutral from buy
- PTC Therapeutics Inc (PTCT.O) : Jefferies raises target price to $77 from $63
- Southern Co (SO.N) : RBC resumes coverage with sector perform rating; price target $107
- Southwest Airlines Co (LUV.N) : TD Cowen raises target price to $28 from $24
- Universal Health Services (UHS.N) : Leerink Partners ups target price to $284 from $276
- W R Berkley Corp (WRB.N) : TD Cowen cuts target price to $77 from $78
- Wayfair Inc (W.N) : TD Cowen raises target price to $74 from $68
- WEC Energy Group Inc (WEC.N) : RBC resumes coverage with sector perform rating; PT $131
- Xcel Energy (XEL.O) : RBC resumes coverage with outperform rating; price target $97

