$ADBE, $AZO, $FTV, $JEC, $REAL
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 Thursday, as follows:
Adobe Inc. (NASDAQ:ADBE) saw its price target raised to 350 from 300 at BMO Capital Markets, citing the company introducing its F-Y 2021 estimates, which include approximately 16% revenue growth. Over the next year, the firm believes that Adobe has more margin Northside than revenue Northside. The consensus price target for the tech giant is 322.23.
AutoZone Inc. (NYSE:AZO) was raised to Peer Perform at Wolfe Research. The auto parts retail giant has traded in a 52-wk range of 798.41 – 1274.41. The consensus price target is 1,268.22.
Fortive Corp. (NYSE:FTV) was raised to Overweight from Neutral at Morgan Stanley, which also raised the price objective on the stock to 91. The consensus target is 76.47.
Jacobs Engineering Group Inc. (NYSE:JEC) was started with a Buy rating and a 110 price target at Stifel. That compares with a consensus target of 103.
RealReal Inc. (NASDAQ:REAL) was started with a Buy rating at DA Davidson. The stock has traded between 12.58 – 30.05 over the past year, and it has a consensus price target of 29.57.
Stay tuned…
