$AAPL, $ARCH, $FDX, $FFIV, $F, $GM, $ICE
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 Tuesday, 11 February, as follows:
Apple Inc. (NASDAQ:AAPL) was reiterated as Buy with a 400 price target by Wedbush Securities, but the firm noted that a delay in production resumption at Foxconn due to the coronavirus would act as a shock to the system and result in supply chain disruption further for iPhone and AirPods production.
Arch Coal Inc. (NYSE:ARCH) was started with a Buy rating at Benchmark. The consensus target price is at 93.67.
FedEx Corp. (NYSE:FDX) was raised to Buy from Neutral with a 187 target price at UBS. FedEx has a 170.72 consensus target price.
F5 Networks Inc. (NASDAQ:FFIV) was raised to Buy from Hold with a 160 target price at Needham. Its consensus target price is at 149.77.
Ford Motor Co. (NYSE:F) was maintained as Overweight but the target price was lowered to 11 from 12 at Morgan Stanley.
General Motors Co. (NYSE:GM) was reiterated as Overweight and the target price was raised to 46 from 45 at Morgan Stanley.
Intercontinental Exchange Inc. (NYSE:ICE) was raised to Overweight from Equal Weight at Wells Fargo. Its shares closed up 2.36% at 94.82 Monday, with a 103.29 consensus target price.