The Street’s Key Stock Analysts Research Reports
$AKS, $AEO, $CMG, $CIT, $CWK, $FL,$LLNW
Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new tradingand 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 main issues for Tuesday, as follows:
AK Steel Holding Corp. (NYSE:AKS) analysts raised to Overweight from Equal Weight but the price target was cut to 5.50 from 6.00 at Morgan Stanley. The shares finished at 4.41 on Tuesday.
American Eagle Outfitters Inc. (NYSE:AEO) was downgraded to Neutral from Outperform with a 29 price target at Wedbush Securities.
Chipotle Mexican Grill Inc. (NYSE:CMG) analysts downgraded CMG to Underperform from Neutral and the price target was cut to 445 from 450 at Wedbush. The firm noted that its QTD checks suggest risk to the current Q-3 consensus same-store sales growth and margin expectations.
CIT Group Inc. (NYSE:CIT) analysts downgraded CIT to Equal Weight from Overweight with a 60 target price at Stephens. The stock has a 52-wk trading range of 43.25 – 56.14 and a consensus target price at 56.77.
Cushman & Wakefield PLC (NYSE:CWK) the quiet period over, Barclays started it as Overweight with a 21 target, and Morgan Stanley also started it as Overweight, with a 21 target. JMP Securities started it as Outperform with a 20.50 target, and Credit Suisse started coverage as Outperform with a 21 target. Citigroup started Cushman & Wakefield as Neutral with a 19.50 target.
Foot Locker Inc. (NYSE:FL) analysts reiterated FL as Outperform with a 63 target price at Wedbush. The firm thinks accumulating shares is the right move after the shares pulled back despite the company’s overall positive results.
Limelight Networks Inc. (NASDAQ:LLNW) was started with a Buy rating and a $6 price target at Craig-Hallum. The 52-wk trading range is 3.46 – 6.05, and the consensus target price is at 6.30.