The Street’s Key Stock Analysts Research Reports
$AMD, $GOOGL, $AMZN, $APC, $DNV, $DG, $RACE, $GG
Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.
Below is a list of the Street’s Key analysts outlook for main issues for Thursday, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) analysts maintained as Neutral but the price target was raised to 20 from 13.50 at MKM Partners. AMD has a 52-wk trading range of 9.04 – 27.30 and a consensus price target at 18.41.
Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Overweight and the price target was raised to 1,515 from 1,325 at Morgan Stanley. Alphabet has a 52-wk range of 924.51 – 1,291.44 and a consensus price target of 1,379.40.
Amazon.com Inc. (NASDAQ:AMZN) was reiterated as Overweight and the price target was raised to 2,500 from 1,850 at Morgan Stanley. Its all-time high was 1,941.78, and the consensus analyst target was 2,111.69 ahead of this target hike.
Anadarko Petroleum Corp. (NYSE:APC) was started as Overweight and the target price was set at 77 at Barclays.
Devon Energy Corp. (NYSE:DVN) was started as Overweight and the price target was set at 49 at Barclays.
Dollar General Corp. (NYSE:DG) analysts reiterated as Outperform and the target price was raised to $118 from $113 at Wells Fargo.
Ferrari N.V. (NYSE:RACE) was raised to Buy from Hold at HSBC. Shares closed at 4.16 or 134.20 Wednesday in NY. The iconic Italian Supercar maker and F1 racing team, trades in a 52-wk range of 103.65 to 149.85. The consensus target price was 139.20 and HSBC’s analyst raised his to 155.
Goldcorp Inc. (NYSE:GG) was reiterated as Buy at Citigroup, but Citi lowered its price target to 14 from 16. Goldcorp’s 52-week trading range is 10.38 to 15.55, and the analysts’ overall consensus target price was still all the way up at 17.40.