U.S. RESEARCH ROUNDUP-Citigroup, Salesforce, Zscaler
Wall Street analysts have updated their ratings and price targets for several U.S.-listed companies. Citigroup was upgraded to outperform by KBW, while Salesforce saw its target price raised by D.A. Davidson. Zscaler's target price was also increased by Piper Sandler. Other companies mentioned include PTC Therapeutics, Ares Management, FedEx, and Revolution Medicines, with various adjustments made to their target prices by different analysts.
Dec 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Citigroup, Salesforce and Zscaler, on Tuesday.
HIGHLIGHTS
Citigroup (C.N) : KBW raises to outperform from market perform
PTC Therapeutics Inc (PTCT.O) : RBC raises to outperform from sector perform
Salesforce Inc (CRM.N) : D.A. Davidson raises target price to $300 from $250
State Street Corp (STT.N) : KBW raises to outperform from market perform
Zscaler Inc (ZS.O) : Piper Sandler raises target price to $235 from $215 Following is a summary of research actions on U.S. companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.
Ares Management Corp (ARES.N) : CFRA raises target price by $15 to $205
Citigroup (C.N) : KBW raises target price to $82 from $70
Citigroup (C.N) : KBW raises to outperform from market perform
Fedex Corp (FDX.N) : JP Morgan raises target price to $366 from $350
GE Vernova Inc (GEV.N) : JP Morgan raises target price to $356 from $330
Hologic Inc (HOLX.O) : Stephens cuts target price to $90 from $95
Lemonade Inc (LMND.N) : Jefferies raises target price to $20 from $17
Ligand Pharmaceuticals Inc (LGND.O) : RBC raises target price to $141 from $140
PTC Therapeutics Inc (PTCT.O) : Jefferies raises target price to $62 from $55
PTC Therapeutics Inc (PTCT.O) : JP Morgan raises target price to $74 from $62
PTC Therapeutics Inc (PTCT.O) : Leerink Partners raises target price to $50 from $40
PTC Therapeutics Inc (PTCT.O) : RBC raises target price to $63 from $39
PTC Therapeutics Inc (PTCT.O) : RBC raises to outperform from sector perform
Revolution Medicines Inc (RVMD.O) : JP Morgan raises target price to $71 from $63
Salesforce Inc (CRM.N) : D.A. Davidson raises target price to $300 from $250
State Street Corp (STT.N) : KBW raises target price to $120 from $105
State Street Corp (STT.N) : KBW raises to outperform from market perform
Zscaler Inc (ZS.O) : Piper Sandler raises target price to $235 from $215
Zscaler Inc (ZS.O) : Scotiabank raises target price to $205 from $195
