The Street’s Key Stock Analysts Research Report

The Street’s Key Stock Analysts Research Report

$BABA, $ADI, $BBY, $DKS, $UAA

The US Financial Markets are Closed Thursday for Thanksgiving

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 Friday, as follows:

Alibaba Group Holding Limited (NYSE:BABA) was started with a Buy rating at HSBC. Alibaba’s ADSs closed up2.2% at $194.70 on Tuesday and the shares were indicated up 1.5% at $197.70 ahead of Wednesday’s open.

Analog Devices, Inc. (NASDAQ:ADI): Raymond James reiterated its Outperform rating and raised its target to 130 from 120. BMO Capital Markets reiterated its Outperform rating and raised its target to 135 from 122, and Nomura/Instinet maintained its Neutral rating, but still raised its target up to 100 from 90 in that call.

Best Buy Co., Inc. (NYSE:BBY): Morgan Stanley reiterated its Equal Weight rating but raised its target price up to 77 from 70. Barclays reiterated its Overweight rating and raised its target to 90 from 75, and Piper Jaffray reiterated its Overweight rating and raised its target to 97 from 86. Guggenheim reiterated its Buy rating and raised its target to 90 from 80 in that call. RBC Capital Markets maintained its Sector Perform rating but raised its target to 86 from 74.

DICK’s Sporting Goods, Inc. (NYSE:DKS): RBC Capital Markets maintained its Sector Perform rating but raised its target price up to 47 from 40. Barclay’s raised its rating to Overweight from Equal Weight and raised its target to 56 from 45.

Under Armour, Inc. (NYSE:UAA): Raymond James has raised its rating to Strong Buy from Outperform with a 40 target price. Under Armour was indicated up another 3% at $18.55 Wednesday

Have a terrific Holiday weekend.

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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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