$CMG, $CRBP, $LEN, $MRUS, $UGI, $VIAB
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 follows:
Chipotle Mexican Grill (NYSE:CMG) was reiterated as Hold at Stifel, but the firm raised its price target to 700 from 500, noting that its turnaround and rekindled growth momentum has continued to gather steam. The stock has a consensus target price of 571.78.
Corbus Pharmaceuticals Holdings Inc. (NASDAQ:CRBP) was started with a Buy rating and assigned an 18 price target at Jefferies. The shares trade in a 52-wk range of 4.50 – 9.11.
Lennar Corp. (NYSE:LEN) is Overweight at JPMorgan, but the firm added the stock to its Focus List as the firm sees earnings upside potential coming from multiple fronts.
Merus N.V. (NASDAQ:MRUS) is rated at Outperform but the price target was cut to 25 from 34 at Wedbush Securities, with the firm calling the target lower after revising its expectations for its MCLA-128 in metastatic breast cancer.
UGI Corp. (NYSE:UGI) was raised to Buy from Hold and the price target was raised to 60 from 54 at Jefferies. Shares have a consensus target price at 58.60.
Viacom Inc. (NASDAQ:VIAB) was raised to Outperform from Sector Perform at RBC Capital Markets, with the firm noting that Viacom’s recent pact with DirecTV for carriage will pave or repave the way for merger talks with CBS.
Have a terrific week