This Analyst Cuts PT On Adobe, Plus Barclays Predicts $240 For FedEx

• Wells Fargo lowered the price target for Adobe Inc. ADBE from $425 to $310. Adobe shares fell 1.2% to $296.04 in pre-market trading.
• Mizuho boosted the price target on AvalonBay Communities, Inc. AVB from $212 to $220. AvalonBay Communities shares rose 0.3% to close at $201.98 on Friday.
• RBC Capital raised Clearwater Analytics Holdings, Inc. CWAN price target from $16 to $20. Clearwater Analytics shares fell 2.8% to close at $15.77 on Friday.
• Piper Sandler cut the price target on The Hain Celestial Group, Inc. HAIN from $27 to $24. Hain Celestial shares fell 2.4% to close at $18.30 on Friday.
• Morgan Stanley cut price target for NCR Corporation NCR from $38 to $27. NCR shares fell 1.9% to $22.76 in pre-market trading.
• SVB Leerink increased the price target on Intellia Therapeutics, Inc. NTLA from $152 to $158. Intellia Therapeutics shares fell 1.1% to $65.00 in pre-market trading.
• Barclays lowered the price target for FedEx Corporation FDX from $320 to $240. FedEx fell 0.8% to $159.74 in pre-market trading.
• BMO Capital cut the price target on Tronox Holdings plc TROX from $21 to $16. Tronox fell 0.4% to close at $13.68 on Friday.
• Keybanc raised the price target on Lennar Corporation LEN from $60 to $89. Lennar shares rose 0.8% to $76.40 in pre-market trading.
• Benchmark reduced the price target on MKS Instruments, Inc. MKSI from $172 to $145. MKS Instruments shares fell 3% to $86.43 in pre-market trading.

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