U.S. RESEARCH ROUNDUP-Arm Holdings, Expensify, New Relic

Reuters · 09/15/2023 07:33
U.S. RESEARCH ROUNDUP-Arm Holdings, Expensify, New Relic

- Wall Street securities analysts revised their ratings and price targets on several U.S. listed companies, including Arm Holdings, Expensify and New Relic on Friday.


HIGHLIGHTS

* Arm Holdings Plc ARM.O: Needham inititaes with hold rating

* Expensify Inc EXFY.O: JP Morgan initiates coverage with underweight rating

* New Relic Inc NEWR.N: D.A. Davidson cuts to from buy


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


* Adobe Inc ADBE.O: Baird raises target price to $540 from $500

* Alcoa Corp AA.N: JP Morgan cuts target price to $28 from $35

* Arm Holdings Plc ARM.O: Needham inititaes with hold rating

* Arthur J. Gallagher & Co. AJG.N: Jefferies raises target price to $262 from $249

* Arthur J. Gallagher & Co. AJG.N: KBW raises target price to $222 from $221

* Broadcom Inc AVGO.O: Daiwa Capital Markets raises target price to $925 from $900

* Copart Inc CPRT.O: Jefferies raises target price to $52 from $47.5

* Delta Air Lines Inc DAL.N: TD Cowen cuts target price to $55 from $60

* Doubleverify Holdings Inc DV.N: Piper Sandler cuts target price to $40 from $45

* Expensify Inc EXFY.O: JP Morgan initiates coverage with underweight rating

* Frontier Communications Parent Inc FYBR.O: JP Morgan cuts target price to $33 from $35

* Hain Celestial Group Inc HAIN.O: Jefferies cuts target price to $11 from $13

* New Relic Inc NEWR.N: D.A. Davidson cuts target price to $87 from $95

* New Relic Inc NEWR.N: D.A. Davidson cuts to from buy

* Olema Pharmaceuticals Inc OLMA.O: JP Morgan raises target price to $19 from $16

* Sight Sciences Inc SGHT.O: Citigroup cuts price target to $4 from $8

* STAAR Surgical Co STAA.O: Canaccord Genuity cuts target price to $43 from $48

* STAAR Surgical Co STAA.O: Jefferies cuts target price to $60 from $62

* STAAR Surgical Co STAA.O: Piper Sandler cuts target price to $45 from $50


(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))