$MO, $CMG, $NFLX, $PYPL
Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Friday, as follows:
Altria Group Inc. (NYSE:MO) started with an Overweight rating and assigned a $76 price target at Piper Jaffray. Altria has a 52-wk trading range of 60.82 – 76.55, and it has a consensus analyst price of 74.31.
Chipotle Mexican Grill Inc. (NYSE:CMG) analysts raised to Buy from Hold with a $550 price target at Argus. It has a 52-week range of 352.96 – 499.00 and a consensus target price of $447.88.
Netflix Inc. (NASDAQ:NFLX) reiterated as Overweight and the price target was raised to 190 from 166 at Piper Jaffray. Netflix finished up 2.1% at 163.05 Thursday, in a 52-wk trading range of 84.50 – 161.78. The consensus target price is 157.68.
PayPal Holdings Inc. (NASDAQ:PYPL) was downgraded to Hold from Buy with a 51 price target at Stifel. PayPal finished down 0.7% at 50.93 Thursday, in a prior 52-wk trading range of 34.00 – 51.08 and with a consensus target price of 51.3.
Have a terrific Memorial Day weekend to all of our American readers.
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Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.