$AMD, $EA, $EPD, $GRUB, $INTC, $GRUB
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 follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) was started with a Buy rating at Nomura/Instinet, which noted that AMD’s high revenue growth and profit growth justify an elevated earnings multiple and the company may have upside to the estimates ahead. Shares have a 52-wk range of 9.04 to 34.14 and a consensus price target at 24.86.
Electronic Arts Inc. (NASDAQ:EA) analysts reiterated EA as Overweight and the price target was raised to 114 from 111 at Piper Jaffray, with the firm talking up the success and popularity of Apex Legends, which was recently released.
Enterprise Products Partners L.P. (NYSE:EPD) was raised to Buy from Neutral and the target price was raised to 32 from 30 at Goldman Sachs. Shares trade in a 52-wk range is 23.33 – 30.05, and the consensus price target is at 33.41.
Grubhub Inc. (NYSE:GRUB) was started with a Buy rating and assigned a 95 price target at BTIG. Shares closed at 70.88 Wednesday.