US research roundup: Baker Hughes, Brinker International, GE Vernova
BKR•Wall Street analysts revised ratings and price targets on several U.S.-listed companies. Piper Sandler cut its Baker Hughes target to $70 from $73, Jefferies raised Brinker International’s to $260 from $255, and JPMorgan cut GE Vernova’s to $1,035 from $1,150.
1. Analyst target changes
The research actions included Piper Sandler and RBC cutting Baker Hughes price targets to $70, from $73 and $71, respectively. Jefferies raised Brinker International’s target to $260 from $255, while TD Cowen raised its target to $270 from $250. JPMorgan cut GE Vernova’s target to $1,035 from $1,150, while RBC raised its target to $1,230 from $1,225.
2. Other notable revisions
Alphabet had several target cuts, including Evercore ISI’s reduction to $435 from $450. Analysts raised targets for Biogen and Etsy, while Boston Scientific drew several target cuts and rating downgrades.
