$AAPL, $PKG, $TSLA, $UBER
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 our list for Friday, 20 March, as follows:
Apple Inc. (NASDAQ:AAPL) was maintained as Buy at Canaccord Genuity, but the target price was lowered to 300 from 345 in the call. Wedbush Securities also maintained an Outperform rating but cut the target price to 345 from 400. Apple closed at 244.87, -1.89, Thursday.
Packaging Corp. of America (NYSE:PKG) was raised to Buy from Hold with a 118 target price at Argus. Last seen at 88.46.
Tesla Inc. (NASDAQ:TSLA) was maintained as Neutral but its target price was slashed to 425 from 710 at Wedbush. Morgan Stanley raised it to Equal Weight from Underweight but trimmed its target price to 460 from 480. The stock was last seen at 427.64 down from a high at 968.99.
Uber Technologies Inc. (NYSE:UBER) was removed from the Best Ideas List at Wedbush due to price performance. Uber’s shares had fallen to 20.49 as of Thursday, and that is down from a high of $47.08.
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