Wall Street Analysts’ Valuations and Price Targets: Block, Caretrust REIT, Sight Sciences, and More

2023-09-12 10:12:36

Sept 12 (Archyde.com) – Wall Street securities analysts on Tuesday revised their valuations and price targets for several U.S.-listed companies, including Block, Caretrust REIT and Sight Sciences.

HIGHLIGHTS

* Block Inc SQ.N: Berenberg starts with a buy rating

* Caretrust REIT Inc CTRE.N: RBC raises sector performance rating to outperform

* Omega Healthcare Investors Inc OHI.N: RBC starts with a sector perform rating

* RTX Corp RTX.N: RBC reduces rating from outperformance to sector performance

* Sight Sciences Inc SGHT.O: Piper Sandler goes from overweight to neutral

The following is a summary of research actions on U.S. companies reported by Archyde.com on Tuesday. The actions are listed in alphabetical order.

* Acelyrin Inc SLRN.O: Jefferies reduces target price from $31 to $15

* Block Inc SQ.N: Berenberg starts with a target price of 75

* Block Inc SQ.N: Berenberg starts with a buy rating

* Bowlero Corp BOWL.N: Canaccord Genuity cuts target price from $22 to $20

* Caretrust REIT Inc CTRE.N: RBC increases target price from $19 to $23

* Caretrust REIT Inc CTRE.N: RBC raises rating to “outperform” from “

sectoral performance ”

* Caseys General Stores Inc CASY.O: RBC increases target price from $275 to $284

* Citizens Financial CFG.N: RBC cuts target price from $37 to $33

* Federated Hermes Inc FHI.N: JP Morgan reduces target price to $45 from $47

* Fuelcell Energy Inc FCEL.O: TD Cowen cuts target price from $2 to 2.5

* Gitlab Inc GTLB.O: Bernstein initiates coverage with an outperform rating and a

PT of $62

* Guess Inc GES.N: B Riley initiates coverage with a Buy rating and a target price of

31 $

* Hilton Worldwide Holdings Inc HLT.N: TD Cowen raises target price from $148 to $164

* JM Smucker Co SJM.N: JP Morgan reduces target price to $137, from $153 previously

* Marriott MAR.O: TD Cowen raises target price to $215, up from $186 previously

* Mission Produce Inc AVO.O: JP Morgan reduces target price to $10, from $12 previously

* Omega Healthcare Investors Inc OHI.N: RBC starts with a target price of 33

* Omega Healthcare Investors Inc OHI.N: RBC starts with a performance rating of

sector

* Oracle Corp ORCL.N: Barclays cuts target price from $150 to $147

* Oracle Corp ORCL.N: DA Davidson cuts target price from $115 to $105

* Oracle Corp ORCL.N: Evercore ISI raises target price to $131 from 125

*Oracle Corp. ORCL.N: Barclays cuts target price to $147 from 150

* Phreesia Inc PHR.N: Piper Sandler cuts target price to $40 from $43

* Remitly Global Inc RELY.O: Citigroup raises price target to $30 from 25

* RTX Corp RTX.N: Citigroup reduces price target to $82 from $95

* RTX Corp RTX.N: RBC cuts price target to $82 from 105

* RTX Corp RTX.N: RBC reduces sector performance from “outperform” to “perform

* RTX Corp RTX.N: TD Cowen cuts target price to $99 from 109

* RTX Corp RTX.N: Barclays cuts target price to $75 by 100

* RTX Corporation RTX.N: Barclays reduces the equal weighting price by

overweighting

* Sight Sciences Inc SGHT.O: Piper Sandler reduces price target to $5.50 from 15

* Sight Sciences Inc SGHT.O: Piper Sandler reduces target price from overweight to neutral

* UPS UPS.N: BofA Global Research reduces price target to $177 from 190

$ previously

* UPS UPS.N: Citigroup cuts price target to $180 from $200

* UPS UPS.N: Jefferies reduces price target to $200 from $205

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