U.S. research roundup: BlackRock, Evercore, Goldman Sachs
SPY•Analysts revised ratings and price targets for U.S.-listed companies on Thursday. Highlights included a Jefferies cut to AppLovin’s target to $375 from $550, and a TD Cowen buy initiation on Goldman Sachs with a $1,050 target.
1. Selected analyst actions
Analysts made rating and target-price changes across a broad range of U.S.-listed companies. KBW cut BlackRock’s target to $1,290 from $1,300 and Evercore’s to $330 from $375. TD Cowen initiated coverage of Goldman Sachs with a buy rating and a $1,050 target.
2. Other notable changes
Jefferies cut its AppLovin target to $375 from $550. JP Morgan raised its Valero Energy target to $439 from $339, while Mizuho raised its target to $434 from $300.
