$DAL, $DVN, $EIX, $RCL, $ZS
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:
Delta Air Lines Inc. (NYSE:DAL) also was downgraded to Hold from Buy at Deutsche Bank. The consensus target price is 62.68, and the 52-wk trading range is 45.08 – 61.32.
Devon Energy Corp. (NYSE:DVN) was downgraded to Sector Perform from Outperform and its target price was lowered to 38 from 39 at RBC Capital Markets.
Edison International (NYSE:EIX) was raised to Neutral from Underperform at Merrill Lynch. The stock has a 52-wk range of 45.50 – 71.00. The consensus target price is 66.50.
Royal Caribbean Cruises Ltd. (NYSE:RCL) was added to the Wedbush Best Ideas List as it was called the best overall company in the cruise space with the best opportunity for risk-adjusted returns over the next two years. The firm sees upside to estimates and also sees a meaningful opportunity for an earnings multiple expansion with a large and unjustified discount to the market.
Zscaler Inc. (NASDAQ:ZS) was last seen trading up over 15% at 57.50 in Thursday’s after-hours session after solid earnings. Wedbush has reiterated its Outperform rating and raised its target to 68 from 53, noting that total revenue growing 65% and billings accelerating 74% year over year handily beat consensus expectations.
Have a terrific week
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