$BA, $FB, $FBC, $HP, $ICPT, $TIF, $UMBF
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:
Boeing Co. (NYSE:BA) surged after earnings, with a 6.25% gainer to 387.72. Credit Suisse reiterated its Outperform rating and raised its price target to 440 from 434, and it noted that the company is firing on all turbines. Boeing’s prior consensus target was 415.71.
Facebook Inc. (NASDAQ:FB) Wedbush Securities maintained its Outperform rating but lowered its price target to 200 from 220, noting that it beat earnings and continues to get likes from users and advertisers alike. Canaccord Genuity reiterated its Buy rating and raised its target to $200 from 180, and Deutsche Bank reiterated its Buy rating and raised its target to 200 from 195. Nomura/Instinet kept its Neutral rating on Facebook in place but raised its target price to 172 from 148.
Flagstar Bancorp Inc. (NYSE:FBC) analysts reiterated FBC as Outperform with a 40 price target at Wedbush, with the firm noting that the Michigan-based bank declared its first dividend since Y 2007 and a $50-M stock buyback was a significant step forward for the value creation process. The 52-wk trading range is 25.30 – 38.00, and the consensus target price is at 38.13.
Helmerich & Payne Inc. (NYSE:HP) was raised to Buy from Neutral with a 68 price objective up from 55 prior at Merrill Lynch.
Intercept Pharmaceuticals Inc. (NASDAQ:ICPT) was started as Outperform and assigned a 167 price target at Credit Suisse, with the firm talking up Ocaliva as poised to deliver big gains from treating fatty liver.
Tiffany & Co. (NYSE:TIF) was raised to Overweight from Neutral with a 112 price target at Atlantic Equities.
UMB Financial Corp. (NASDAQ:UMBF) was raised to Outperform from Market Perform with a 70 price target at Raymond James.
Have a terrific weekend.