The Street’s Key Stock Analysts Research Report

$BLMN, $CTST, $DECK, $ERIC, $LNVGY, $VALE

The US Financial Markets were Closed Monday for Memorial Day

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 follows:

Bloomin’ Brands Inc. (NASDAQ:BLMN) was raised to Buy from Neutral with a $25 price target at Guggenheim. The consensus target is at 22.78.

CannTrust Holdings Inc. (NYSE:CTST) was started with a Buy rating and an 11 target at Merrill Lynch. This is yet another of the popular marijuana stocks getting coverage on Wall Street.

Deckers Outdoor Corp. (NYSE:DECK) saw its price target raised to 152 at Pivotal Research. The consensus price target is set at 146.58.

Ericsson Inc. (NASDAQ:ERIC) was raised to Buy from Neutral at Credit Suisse. The 52-wk trading range for the stock is 7.16 — 10.46, and the consensus price target is at 10.29.

Lenovo Group Ltd. (NASDAQ:LNVGY) is raised to Buy from Neutral at Goldman Sachs. The analyst cited the company’s fundamentals continuing to improve following the Q-4 beat, and its valuation is attractive at current share levels. The consensus price target is 15.05.

Vale S.A. (NYSE:VALE) was raised to Buy from Neutral at Merrill Lynch. The 52-wk trading range is 10.89 – 16.13, and the consensus price target is 14.49. Friday closing price was 12.02/ share.

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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