$BJ, $GM, $POTN, $RNG, $SQ, $TPR, $WYNN
These are all Buys if you can manage the risk.
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, 8 May, as follows:
BJ’s Wholesale Club Holdings Inc. (NYSE:BJ): the smaller warehouse chain may have better prospects than its more well-known rivals. Shares closed at 27.02 Thursday, with a consensus price target of 30.13.
General Motors Co. (NYSE:GM) was raised to Buy from Hold with a 30 price target at Deutsche Bank. GM still had a 34.18 consensus price target ahead of earnings.
Peloton Interactive Inc. (NASDAQ:PTON) was reiterated as Buy and its price target was raised to 50 from 40 at Needham. The stock closed up 16% at 44.12 Thursday after an earnings beat.
RingCentral Inc. (NYSE:RNG) was reiterated as Buy and its price target was raised to 280 from 240 at Needham.
Square Inc. (NYSE:SQ) was reiterated a Buy and its price target was raised to $75 from $60 at Needham.
Tapestry Inc. (NYSE:TPR) was raised to Buy from Hold but its price target was lowered to 20 from 31 at HSBC.
Wynn Resorts Ltd. (NASDAQ:WYNN) was reiterated as Buy and the price target was raised to 94 from 72 at Deutsche Bank.
Have a healthy weekend, Keep the Faith!