Daily HeffX-LTN reviews dozens of Wall 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 the list for Thursday, 5 March, as follows:
Altria Group Inc. (NYSE:MO) was maintained as Buy at Merrill Lynch, but the firm trimmed its price objective to 55 from 58. Altria has a 52-wk high of $57.88 and a consensus target price of 54.89.
American States Water Co. (NYSE:AWR) was raised to Buy from Neutral with a 93 target price at Janney.
American Water Works Co. Inc. (NYSE:AWK) was reiterated as Buy with a 153 target price at Janney.
Chipotle Mexican Grill Inc. (NYSE:CMG) was raised to Overweight from Equal Weight with a 1,000 target price at Wells Fargo. It had a 937.35 consensus target price, and its 52-wk trading range is 604.64 – 940.28.
FedEx Corp. (NYSE:FDX) was maintained as Outperform but its target price was lowered to 159 from $170 at Credit Suisse. FedEx trades in a 52-wk range of 132.56 – 199.32 and with a 172.52 consensus target price.
Home Depot Inc. (NYSE:HD) was raised to Buy from Neutral with a 251 target price at Nomura/Instinet. Home Depot has a 253.46 consensus target price and a 52-wk trading range of 179.52 – 247.36.
Morgan Stanley (NYSE:MS) was raised to Buy from Neutral at Citigroup.