$CNQ, $CVE, $DELL, $KBR, $DOCU, $GRUB, $JEC, $MCHX, $ZNGA
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:
Canadian Natural Resources Ltd. (NYSE:CNQ) was started as Outperform with a 48 price target at Credit Suisse.
Cenovus Energy Inc. (NYSE:CVE) was started as Outperform with a 15 target price at Credit Suisse.
Dell Technologies Inc. (NYSE:DELL) was started with an Outperform rating and assigned a 56 price target at RBC Capital Markets. The 52-wk trading range is 35.97 – 59.37, and Dell has a 56.25 consensus target price.
KBR Inc. (NYSE:KBR) was started as Market Perform with a 20 price target at Cowen.
DocuSign Inc. (NASDAQ:DOCU) was started with an Overweight rating and assigned a 59 target price at KeyBanc Capital Markets. The 52-wk trading range is 35.06 – 68.35, and the consensus target price is at 57.56.
Grubhub Inc. (NYSE:GRUB) was raised to Outperform from Neutral and the target price was raised to 130 from 125 at Credit Suisse. The stock has a consensus target price of 115.68 and a 52-wk trading range of 66.07 – 149.35.
Jacobs Engineering Group Inc. (NYSE:JEC) was started with an Outperform rating and assigned a target price at Cowen. It has a 52-wk trading range of 55.17 – 82.24 and a consensus target price of 83.07.
Marchex Inc. (NASDAQ:MCHX) was raised to Buy from Neutral with a 7 target price at Roth Capital. It has a 52-wk trading range of 2.47 to 4.00, but its market cap was just $163-M ahead of Monday’s 4% higher indications.
Zynga Inc. (NASDAQ:ZNGA) was raised to Overweight from Sector Weight with a 5 price target at KeyBanc Capital Markets. The consensus analyst target is 4.69. The 52-wk trading range is 3.20 – 4.57.