$CLR, $LII, $TEL, $VZ
Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as follows:
Continental Resources Inc. (NYSE:CLR) analysts raised to Outperform from Neutral at Macquarie. The 52-wk trading range is 29.08 – 53.57. The consensus price objective is at 50.33.
Lennox International Inc. (NYSE:LII) saw its target price raised to 207 from $193 at Stifel. That compares with a consensus target of 201.22. The analysts noted that the company’s Y 2018 guidance was in-line with expectations. Lennox sees strong sustainability of the residential HVAC cycle for the next 3-5 years and expects to be able to generally overcome price and cost headwinds in Y 2018 via recent pricing actions. The 52-wk trading range for the shares is 147.54 – 213.78. The consensus price target is 201.22.
TE Connectivity Ltd. (NYSE:TEL) saw its price target raised to 105 from 98 at Stifel. The analysts noted that after years of heavy lifting, adding and shedding businesses and major restructurings, they believe TE’s product and end-market portfolio is more or less where management wants it to be, with a focus on a harsh environment. The company set long-term targets of 4% to 6% organic growth, primarily from content gains in automotive and broader industrial markets, complemented by bolt-on acquisitions. The 52-wk trading range is 66.20 – 96.68, and the consensus price target is 101.31. The shares closed trading on Friday at 96.22.
Verizon Communications Inc. (NYSE:VZ) downgraded to Hold from Buy at HSBC Securities. The 52-wk trading range is 42.80 – 54.83. The consensus price target is 51.61.
Have a terrific week