$ADBE, $DOW, $FTV, $JD, $KRA, $NUE, $RNG, $SWKS
Daily HeffX-LTN reviews dozens of the 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 a list of The Street’s Key analysts outlook for Key issues for Tuesday, as follows:
Adobe Inc. (NASDAQ:ADBE) was reiterated as Overweight and the price target was raised to 410 from 340 at Morgan Stanley. Shares trade in a 52-week range of 204.95 – 313.11. The consensus price target is at 317.62.
Dow Inc. (NYSE:DOW) was raised to Buy from Hold with a 59 target price at SunTrust Robinson Humphrey. Shares trade in a 52-wk range of 40.44 – 60.52. The consensus price target is at 55.81.
Fortive Corp. (NYSE:FTV) was raised to Buy from Neutral and the price target was raised to 84 from 76 at Citigroup.
JD.com Inc. (NASDAQ:JD) was started with a Buy rating and a 40 target price at HSBC Securities.
Kraton Corp. (NYSE:KRA) was raised to Buy from Hold with a 31 target price at SunTrust Robinson Humphrey.
Nucor Corp. (NYSE:NUE) was raised to Buy from Neutral at Longbow Research. Shares closed up 2.0% at 57.61, in a 52-wk range of 46.10 – 62.31. The consensus price target is at 57.85.
RingCentral Inc. (NYSE:RNG) was reiterated as Buy and the price objective was raised to 198 from 187 at Merrill Lynch.
Skyworks Solutions Inc. (NASDAQ:SWKS) was raised to Buy from Underperform in a two-notch upgrade at Merrill Lynch, and the firm set a 122 price objective.
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