$BABA, $TACO, $DIN, $FB, $NOC, $RTN, $X

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 Monday as follows:

Alibaba Group Holding Ltd. (NYSE:BABA) was reiterated as Buy at Argus with a 190 price target after its earnings topped estimates. The firm noted that while some trade-related discount is warranted, Alibaba’s China and Asian focus means it has been very oversold.

Del Taco Restaurants Inc. (NASDAQ:TACO) was maintained as Outperform with a 15 target price at Wedbush, but the firm removed the restaurant chain from its Best Ideas List.

Dine Brands Global Inc. (NYSE:DIN) was started with an Outperform rating and assigned a 120 price target at Wedbush, which noted that channel checks show upside at both Applebee’s and IHOP.

Facebook Inc. (NASDAQ:FB) analysts reiterated FB as Buy with a 206 target price at Argus, which noted that it leads the social media despite all the negative press and concerns brought up in Y 2008. Facebook shares have a 52-wk trading range of 123.02 – 218.62.

Northrop Grumman Corp. (NYSE:NOC) was reiterated as Buy at Argus, with the firm noting that the recent share price pullback offers a buying opportunity as shares are down about 24% from their highs. The stock’s consensus price target is 317.05.

Raytheon Co. (NYSE:RTN) was reiterated as Buy with a 200 price target at Argus, with the firm noting that the defense player is on sale, with its shares down about 28% from its highs. The consensus target price is 207.89.

United States Steel Corp. (NYSE:X) was reiterated as Buy at Argus, but the firm did lower its price target to 30 from 40. US Steel has a consensus target price of 30.88.

Have a terrific week.

  avoid, baba, buy, DIN, FB, heffx, NOC, price, RTN, sell, stock, TACO, target, traders, X

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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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