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, 7 January, as follows:
Alphabet Inc. (NASDAQ:GOOGL) was raised to Buy from Hold with a 1,650 target price at Pivotal Research. Alphabet had a consensus target price of 1,472.28 ahead of this call.
Apple Inc. (NASDAQ:AAPL) was downgraded to Buy from Strong Buy but the price target was raised to 350 from 280 at Needham. Apple previously closed at 297.43 but had seen its consensus target go up after some more recent analyst hikes.
Bank of America Corp. (NYSE:BAC) was raised to Overweight from Equal Weight with a 43 target price at Barclays. Shares previously closed down 2.1% at 34.90, and the prior consensus target price was 35.40.
Builders FirstSource Inc. (NASDAQ:BLDR) was raised to Outperform from In-Line with a $28 target price at Evercore ISI Group.
Citizens Financial Group Inc. (NYSE:CFG) was raised to Overweight from Equal Weight with a 49 target price at Barclays.
Gentex Corp. (NASDAQ:GNTX) was raised to Buy from Hold with a 37 target price at Jefferies.
Salesforce.com Inc. (NYSE:CRM) was reiterated as Outperform, its target price was raised to 215 from 200 and it was added to the Top Picks List at RBC Capital Markets.