$AXL, $DE, $DO, $GRUB, $MRK, $RIG
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 Thursday as follows:
American Axle & Manufacturing Holdings Inc. (NYSE:AXL) was raised to Buy from Neutral at Merrill Lynch. Shares trade in a 52-wk range of 10.13 – 19.34. The consensus price target is at 17.10.
Deere & Co. (NYSE:DE) was reiterated as Buy and the price target was raised to 175 at Argus. Shares trade in a 52-wk range of 40.41 – 66.46. The consensus price target is at 58.06.
Diamond Offshore Drilling Inc. (NYSE:DO): Analysts raised DO to Overweight from Underweight at Barclays. Shares trade in a 52-wk range of 8.78 – 21.92. The consensus price target is at 12.47.
Grubhub Inc. (NYSE:GRUB): Analysts maintained GRUB as Buy but the target price was lowered to 100 at Argus, with the firm noting that it still saw a solid Q-4. Shares trade in a 52-wk range of 66.62 – 149.35. The stock has a consensus analyst target at 104.50.
Merck & Co. Inc. (NYSE:MRK) was reiterated as Buy and the target price was raised to 95 at Argus. It has a consensus target price at 82.81.
Transocean Ltd. (NYSE:RIG) was raised to Overweight from Underweight at Barclays, and Argus reiterated its Hold rating and noted a continuing challenging environment.