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 Friday, 10 January, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) was raised to Buy from Neutral at Mizuho, and the firm raised its target price to $55 from $38 in the call. AMD previously closed at $47.83, and it had a $39.99 consensus target price ahead of the call.
Altice USA Inc. (NYSE:ATUS) was started as Outperform with a 32 target price at Raymond James.
Coca-Cola Co. (NYSE:KO) was upgraded to Outperform from Neutral and its target price was raised to 64 from 54 at Credit Suisse. Shares previously closed at 54.35, and the consensus target price is at 58.76.
General Motors Co. (NYSE:GM) was started with a Buy rating and a 49 target price at Benchmark.
Goldman Sachs Group Inc. (NYSE:GS) was raised to Buy from Neutral and the price objective was raised to 270 from 245 at Merrill Lynch.
Starbucks Corp. (NASDAQ:SBUX) was raised to Overweight from Equal Weight with a 107 target price at Barclays. It closed at 88.88 ahead of the call, and the consensus target price was 94.85 ahead of the call.
Tempur Sealy International Inc. (NYSE:TPX):This stock is up 80% in the past year and the mattress powerhouse’s expansion looks poised to continue. Shares most recently closed at 85.30, with a consensus analyst target of 95.90. I see TPX as Neutral to Bearish in here, and filling the October gap at 80.35, no matter what Zack’s has to declare.
Have a terrific weekend