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:
Arvinas Inc. (NASDAQ:ARVN) was started with a Buy rating and a 50 target price at HC Wainwright.
Barrick Gold Corp. (NYSE:GOLD) was raised to Buy from Neutral and the price objective was raised to 22 from 21 at Merrill Lynch. Barrick is among the Top gold stocks that still may offer upside to average market gains in Y 2020, based on prior research. Shares have a consensus target price of 20.45.
Best Buy Co. Inc. (NYSE:BBY) was reiterated with a Buy rating and the target price was raised to 100 from 90 at Loop Capital.
Blackstone Group Inc. (NYSE:BX) was reiterated as Overweight and the price target was raised to 64 from 60 at Wells Fargo.
Cisco Systems Inc. (NASDAQ:CSCO) was raised to Overweight from Equal Weight with a 53 price target at Barclays. Jim Cramer talked up its prospects for moving to a services model with 5G and Internet of Things upside on Top of security. Its consensus target price was 52.16 ahead of the call, and it has a 52-wk trading range of 40.25 – 58.26.
RealReal Inc. (NASDAQ:REAL) was started with a Buy rating and a 23 price target at Needham. The stock has a 27.50 consensus target price.
Splunk Inc. (NASDAQ:SPLK) was reiterated as Outperform with a 180 target price at Wedbush. The firm also added Splunk to its Best Ideas List. Wedbush expects imminent announcements of major enhancements to its cloud offering in time to drive year-end deals.
Have a terrific weekend