U.S. RESEARCH ROUNDUP-3M, Intuit, Starbucks

Reuters
2025.04.23 07:29
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Wall Street analysts have revised ratings and price targets for several U.S.-listed companies. Notable changes include RBC raising 3M's target price to $100, HSBC upgrading Intuit to 'buy', and RBC cutting Starbucks' target price to $100. Other adjustments include TD Cowen lowering Tesla's target price to $330 and various cuts for companies like Danaher, Enphase Energy, and Northrop Grumman. The report summarizes multiple research actions on U.S. companies, highlighting significant shifts in analyst perspectives.

April 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including 3M, Intuit and Starbucks on Wednesday.

HIGHLIGHTS

  • 3M Co (MMM.N) : RBC raises target price to $100 from $98

  • Intuit Inc (INTU.O) : HSBC raises to buy from hold

  • Starbucks (SBUX.O) : RBC cuts target price to $100 from $115

  • Tesla Inc (TSLA.O) : TD Cowen cuts target price to $330 from

$388

  • Wendy’s Co (WEN.O) : RBC cuts target price to $14 from $17 Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.

  • 3M Co (MMM.N) : RBC raises target price to $100 from $98

  • Apollo Commercial Real Estate Finance Inc (ARI.N) : BTIG raises to buy from neutral

  • Aramark (ARMK.N) : Morgan Stanley cuts target price to $40 from $43

  • Bok Financial Corp (BOKF.O) : KBW cuts target price to $101 from $115

  • Bok Financial Corp (BOKF.O) : Raymond James cuts target price to $105 from $125

  • Bok Financial Corp (BOKF.O) : RBC cuts target price to $104 from $119

  • Bristol-Myers Squibb Co (BMY.N) : Leerink Partners cuts target price to $55 from $68

  • Cadence Bank (CADE.N) : KBW cuts target price to $38 from $42

  • Capital City Bank Group Inc (CCBG.O) : KBW cuts target price to $43 from $44

  • Capital One Financial Corp (COF.N) : BTIG raises target price to $264 from $208

  • Capital One Financial Corp (COF.N) : TD Cowen cuts target price to $180 from $184

  • Clene Inc (CLNN.O) : Jonestrading initiates coverage with buy rating; target price $30

  • Danaher Corp (DHR.N) : JP Morgan cuts target price to $260 from $280

  • Danaher Corp (DHR.N) : Leerink Partners raises target price to $230 from $225

  • Danaher Corp (DHR.N) : TD Cowen raises target price to $248 from $240

  • Devon Energy Corp (DVN.N) : Piper Sandler raises target price to $56 from $54

  • Dime Community Bancshares Inc (DCOM.O) : KBW cuts target price to $36 from $39

  • East West Bancorp Inc (EWBC.O) : KBW cuts target price to $110 from $128

  • Elevance Health (ELV.N) : Jefferies raises target price to $488 from $461

  • Energizer Holdings Inc (ENR.N) : Canaccord Genuity cuts target price to $31 from $36

  • Enphase Energy Inc (ENPH.O) : JP Morgan cuts target price to $64 from $79

  • Enphase Energy Inc (ENPH.O) : Piper Sandler cuts target price to $42 from $47

  • Enphase Energy Inc (ENPH.O) : RBC cuts target price to $54 from $59

  • Halliburton Co (HAL.N) : Atb Capital Markets cuts target price to $26 from $30

  • Halliburton Co (HAL.N) : TD Cowen cuts target price to $32 from $33

  • Herc Holdings Inc (HRI.N) : JP Morgan cuts target price to $115 from $140

  • Hexcel Corp (HXL.N) : RBC cuts target price to $62 from $70

  • Home Bancorp Inc (HBCP.O) : Piper Sandler raises target price to $65 from $60

  • Hope Bancorp Inc (HOPE.O) : KBW cuts target price to $12 from $14

  • Intuit Inc (INTU.O) : HSBC raises to buy from hold

  • Intuitive Surgical Inc (ISRG.O) : BTIG cuts target price to $542 from $560

  • Intuitive Surgical Inc (ISRG.O) : Jefferies cuts target price to $530 from $582

  • Intuitive Surgical Inc (ISRG.O) : JP Morgan cuts target price to $605 from $675

  • Intuitive Surgical Inc (ISRG.O) : Piper Sandler cuts target price to $575 from $670

  • Intuitive Surgical Inc (ISRG.O) : RBC cuts target price to $605 from $630

  • Intuitive Surgical Inc (ISRG.O) : Truist Securities cuts target price to $590 from $605

  • Kimberly-Clark Corp (KMB.N) : JP Morgan cuts target price to $126 from $131

  • Ladder Capital Corp (LADR.N) : KBW cuts target price to $11.5 from $12

  • Lifetime Brands Inc (LCUT.O) : Canaccord Genuity cuts target price to $6 from $7

  • Lockheed Martin Corp (LMT.N) : JP Morgan cuts target price to $520 from $535

  • Lockheed Martin Corp (LMT.N) : TD Cowen cuts target price to $500 from $520

  • Medpace Holdings Inc (MEDP.O) : Leerink Partners cuts PT to $288 from $330

  • Medpace Holdings Inc (MEDP.O) : Mizuho cuts target price to $328 from $355

  • Mercantile Bank Corp (MBWM.O) : KBW cuts target price to $53 from $55

  • Newell Brands Inc (NWL.O) : Canaccord Genuity cuts target price to $12 from $14

  • Northern Trust Corp (NTRS.O) : KBW cuts target price to $103 from $117

  • Northern Trust Corp (NTRS.O) : RBC cuts target price to $105 from $115

  • Northern Trust Corp (NTRS.O) : Truist Securities cuts target price to $92 from $98

  • Northrop Grumman (NOC.N) : JP Morgan cuts target price to $480 from $515

  • Northrop Grumman (NOC.N) : RBC cuts target price to $550 from $575

  • Northrop Grumman (NOC.N) : TD Cowen cuts target price to $480 from $540

  • NVR Inc (NVR.N) : JP Morgan cuts target price to $7,200 from $8,570

  • Old National Bancorp (ONB.O) : KBW cuts target price to $26 from $28

  • Peoples Bancorp Inc (PEBO.O) : KBW cuts target price to $32 from $36

  • Prologis Inc (PLD.N) : JP Morgan cuts target price to $115 from $135

  • Pultegroup Inc (PHM.N) : RBC cuts target price to $109 from $116

  • Reynolds Consumer Products (REYN.O) : Canaccord Genuity cuts PT to $27 from $30

  • Rtx Corp (RTX.N) : RBC cuts target price to $140 from $150

  • Southern Missouri Bancorp Inc (SMBC.O) : KBW cuts target price to $60 from $62

  • Southern States Bancshares (SSBK.O) : KBW cuts target price to $42 from $46

  • Southern States Bancshares (SSBK.O) : KBW cuts to market perform from outperform

  • Starbucks (SBUX.O) : RBC cuts target price to $100 from $115

  • Tesla Inc (TSLA.O) : RBC cuts target price to $307 from $314

  • Tesla Inc (TSLA.O) : TD Cowen cuts target price to $330 from $388

  • UnitedHealth (UNH.N) : RBC cuts target price to $525 from $655

  • Viking Therapeutics Inc (VKTX.O) : Oppenheimer cuts target price to $100 from $164

  • Wendy’s Co (WEN.O) : RBC cuts target price to $14 from $17

  • Western Alliance Bancorp (WAL.N) : JP Morgan cuts target price to $80 from $88

  • Western Alliance Bancorp (WAL.N) : KBW cuts target price to $95 from $110

  • Western Alliance Bancorp (WAL.N) : RBC cuts target price to $85 from $105

  • Wintrust Financial Corp (WTFC.O) : KBW cuts target price to $130 from $138

  • Wintrust Financial Corp (WTFC.O) : RBC cuts target price to $135 from $152