U.S. Research Roundup-Adobe, Dell Technologies, Zscaler - XLK News | Rallies
U.S. Research Roundup-Adobe, Dell Technologies, Zscaler X XLK • 2026-09-02 Wall Street analysts revise targets across U.S.-listed companies Sept. 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adobe, Dell Technologies and Zscaler, on Wednesday.
Highlights
Adobe Inc ADBE.O: RBC raises target price to $315 from $285
Dell Technologies (Pre-Reincorporation) DELL.N: JP Morgan raises PT to $635 from $565
Oracle Corporation ORCL.N: Jefferies cuts target price to $290 from $320
Palo Alto Networks, Inc. PANW.O: RBC raises target price to $475 from $434
Zscaler, Inc. ZS.O: Jefferies raises target price to $220 from $200 Following is a summary of research actions on U.S. companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
Academy Sports and Outdoors, Inc. ASO.O: JP Morgan cuts target price to $51 from $59
Academy Sports and Outdoors, Inc. ASO.O: Telsey Advisory Group cuts PT to $60 from $65
Adobe Inc ADBE.O: RBC raises target price to $315 from $285
Aevex Corp AVEX.N: Piper Sandler initiates coverage with neutral rating; target $20
Almonty Industries Inc. ALM.O: Jefferies initiates with buy rating; target price $26.25
Alumis Inc. ALMS.O: H.C. Wainwright cuts to buy from neutral
Alumis Inc. ALMS.O: Leerink Partners cuts target price to $26 from $34
Amrize AMRZ.N: BofA Global Research cuts price objective to $40.00 from $50.00
Amrize AMRZ.N: BofA Global Research cuts to underperform from neutral rating
Amrize AMRZ.N: BofA Global Research cuts price objective to $40 from $50
Amrize AMRZ.N: JP Morgan cuts target price to $52 from $57
Amrize AMRZ.N: JP Morgan cuts to neutral from overweight
AST Spacemobile, Inc. ASTS.O: Berenberg initiates coverage with buy rating; target $92
Atricure, Inc. ATRC.O: Needham raises target price to $64 from $45
Braze, Inc. BRZE.O: Barclays raises target price to $38 from $31
Calumet, Inc. CLMT.O: H.C. Wainwright raises target price to $75 from $60
Comstock Resources, Inc. CRK.N: Gerdes Energy Research cuts to neutral from buy
Curtiss-Wright Corporation CW.N: Piper Sandler initiates with neutral rating; PT $665
Dell Technologies (Pre-Reincorporation) DELL.N: JP Morgan raises PT to $635 from $565
Dell Technologies (Pre-Reincorporation) DELL.N: Melius Research ups PT to $735 from $650
Dell Technologies Inc (Pre-Reincorporation) DELL.N: Citigroup raises target price to $600 from $515
Dell Technologies Inc DELL.N: BofA Global Research raises price objective to $600 from $505
Dell Technologies Inc DELL.N: Piper Sandler raises target price to $588 from $497
Disc Medicine, Inc. IRON.O: Wedbush raises target price to $100 from $88
Docusign, Inc. DOCU.O: BTIG raises target price to $75 from $60
Eagle Nuclear Energy Corp. NUCL.O: H.C. Wainwright initiates with buy rating; PT $11.5
Edison International EIX.N: JP Morgan cuts target price to $61 from $82
Element Solutions Inc ESI.N: Jefferies initiates coverage with buy rating; target $55
Enovis Corporation ENOV.N: BTIG cuts target price to $36 from $40
Enovis Corporation ENOV.N: JP Morgan cuts target price to $24 from $28
Eyepoint Inc EYPT.O: TD Cowen cuts to hold from buy; cuts target price to $4 from $20
Gitlab Inc. GTLB.O: Barclays raises target price to $47 from $25
Gitlab Inc. GTLB.O: BofA Global Research raises price objective to $54.00 from $45.00
Gitlab Inc. GTLB.O: D.A. Davidson raises target price to $55 from $45
Gitlab Inc. GTLB.O: Needham raises target price to $65 from $38
Gitlab Inc. GTLB.O: Piper Sandler raises target price to $52 from $28
Gitlab Inc. GTLB.O: RBC raises target price to $60 from $46
Gitlab Inc. GTLB.O: TD Cowen raises target price to $55 from $42
Globalfoundries Inc. GFS.O: Stifel initiates coverage with buy rating; target $60
Guidewire Software, Inc. GWRE.N: BTIG raises target price to $230 from $175
Hawkeye 360 Inc HAWK.N: Berenberg initiates coverage with buy rating; target price $24
Iperionx Limited IPX.O: Jefferies initiates coverage with buy rating; target price $26
Knife River Corp KNF.N: JP Morgan cuts target price to $73 from $80
Knife River Corp KNF.N: JP Morgan cuts to underweight from neutral
Kymera Therapeutics, Inc. KYMR.O: JP Morgan raises target price to $140 from $121
Martin Marietta Materials, Inc. MLM.N: JP Morgan raises to overweight from neutral
Materion Corporation MTRN.N: Jefferies initiates coverage with buy rating; target $314
Minimed Group Inc MMED.O: BTIG raises target price to $28 from $25
Minimed Group Inc MMED.O: Citigroup raises target price to $26 from $23
MongoDB, Inc. MDB.O: Barclays raises target price to $480 from $460
MongoDB, Inc. MDB.O: Citigroup raises target price to $565 from $545
MongoDB, Inc. MDB.O: Piper Sandler raises target price to $470 from $400
MongoDB, Inc. MDB.O: RBC cuts target price to $465 from $515
MongoDB, Inc. MDB.O: Scotiabank raises target price to $440 from $395
MongoDB, Inc. MDB.O: Stifel cuts target price to $465 from $475
Niocorp Developments Ltd. NB.O: Jefferies initiates coverage with hold rating; PT $4.7
OGE Energy Corp. OGE.N: RBC raises target price to $54 from $50
OGE Energy Corp. OGE.N: RBC raises to outperform from sector perform
Oracle Corporation ORCL.N: Jefferies cuts target price to $290 from $320
Palo Alto Networks, Inc. PANW.O: BTIG raises target price to $404 from $380
Palo Alto Networks, Inc. PANW.O: Citigroup raises target price to $410 from $400
Palo Alto Networks, Inc. PANW.O: D.A. Davidson raises target price to $420 from $345
Palo Alto Networks, Inc. PANW.O: RBC raises target price to $475 from $434
Palo Alto Networks, Inc. PANW.O: Stephens raises target price to $400 from $370
Planet Labs PBC PL.N: Berenberg initiates coverage with buy rating; target price $25
Rare Earths Americas Inc REA.A: Jefferies initiates with hold rating; target $12.3
Red Cat Holdings RCAT.O: Piper Sandler initiates coverage with neutral rating; PT $9
Robinhood Markets, Inc. HOOD.O: Piper Sandler raises target price to $145 from $135
Rocket Lab Corp RKLB.O: Berenberg initiates coverage with buy rating; target price $83
Science Applications International SAIC.O: TD Cowen raises target to $140 from $125
Sempra SRE.N: JP Morgan cuts target price to $102 from $113
Spacex SPCX.O: Oppenheimer raises target price to $280 from $250
Sunbelt Rentals Holdings Inc SUNB.N: JP Morgan cuts target price to $71 from $74
Taiwan Semiconductor Manufacturing Company TSM.N: Stifel initiates with buy rating; PT $515
Tower Semiconductor Ltd. TSEM.O: Stifel initiates coverage with buy rating; target $270
USA Rare Earth, Inc. USAR.O: Jefferies initiates coverage with buy rating; target $21
Welltower Inc. WELL.N: JP Morgan raises target price to $260 from $230
Zscaler, Inc. ZS.O: Jefferies raises target price to $220 from $200
(Compiled by Bengaluru Newsroom)
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