Wall Street analysts have revised their ratings and price targets for several US-listed companies, including Amazon, Diamondback Energy, and Matador Resources, on Wednesday.
Key Highlights:
- Amazon (AMZN.O): JP Morgan raises price target from $265 to $280.
- Diamondback Energy Inc (FANG.O): Gerdes Energy Research downgrades from “buy” to “neutral.”
- EVgo Inc (EVGO.O): JP Morgan resumes coverage with a neutral rating versus an overweight rating.
- Matador Resources Co (MTDR.N): Gerdes Energy Research downgrades from “buy” to “neutral.”
- National Bank Holdings Corp (NBHC.N): Piper Sandler initiates coverage with an overweight rating.
This summary covers research actions on American companies reported by Reuters on Wednesday, alphabetically listed.
Other notable changes include:
- AAR Corp (AIR.N): RBC raises target price from $105 to $125.
- Corning (GLW.N): HSBC raises target price to $146 from $135.
- McCormick & Company Inc (MKC.N): JP Morgan lowers target price from $78 to $67.
These revisions reflect the ongoing analysis and updates in the financial markets.
