$BABA, $ADI, $BBY, $DKS, $UAA
The US Financial Markets are Closed Thursday for Thanksgiving
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 Key issues for Friday, as follows:
Alibaba Group Holding Limited (NYSE:BABA) was started with a Buy rating at HSBC. Alibaba’s ADSs closed up2.2% at $194.70 on Tuesday and the shares were indicated up 1.5% at $197.70 ahead of Wednesday’s open.
Analog Devices, Inc. (NASDAQ:ADI): Raymond James reiterated its Outperform rating and raised its target to 130 from 120. BMO Capital Markets reiterated its Outperform rating and raised its target to 135 from 122, and Nomura/Instinet maintained its Neutral rating, but still raised its target up to 100 from 90 in that call.
Best Buy Co., Inc. (NYSE:BBY): Morgan Stanley reiterated its Equal Weight rating but raised its target price up to 77 from 70. Barclays reiterated its Overweight rating and raised its target to 90 from 75, and Piper Jaffray reiterated its Overweight rating and raised its target to 97 from 86. Guggenheim reiterated its Buy rating and raised its target to 90 from 80 in that call. RBC Capital Markets maintained its Sector Perform rating but raised its target to 86 from 74.
DICK’s Sporting Goods, Inc. (NYSE:DKS): RBC Capital Markets maintained its Sector Perform rating but raised its target price up to 47 from 40. Barclay’s raised its rating to Overweight from Equal Weight and raised its target to 56 from 45.
Under Armour, Inc. (NYSE:UAA): Raymond James has raised its rating to Strong Buy from Outperform with a 40 target price. Under Armour was indicated up another 3% at $18.55 Wednesday
Have a terrific Holiday weekend.