$CMG, $DHR, $DPZ, $NFLX, $ORGO, $PFGC, $QCOM
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:
Chipotle Mexican Grill Inc. (NYSE:CMG) was downgraded to Equal Weight from Overweight at Morgan Stanley. This call noted that the valuation has gotten ahead of itself based on the huge performance seen in Y 2019. Chipotle trades in a 52-wk range of 326.00 – 721.21. The stock has a consensus analyst price target at 591.08.
Danaher Corp. (NYSE:DHR) was reiterated as Buy and the price target was raised to 174 from 136 at Janney. The firm took a deeper look at the acquisition of GE’s bio-production unit and believes that this acquisition of GE Life Science appears to be more compelling than expected and that Danaher will now have the widest product portfolio in the bio-production industry, and that it also will have a combined customer list that can drive revenues and margins higher.
Domino’s Pizza Inc. (NYSE:DPZ) was raised to Overweight from Equal Weight at Morgan Stanley, sending its shares up about 2% to $260.90 in Wednesday’s early-bird trading.
Netflix Inc. (NASDAQ:NFLX) Deutsche Bank analysts raised NFLX to Buy from Hold and raised the price target to 400 from 360.
Organogenesis Holdings Inc. ((NASDAQ:ORGO) was started with an Outperform rating and assigned an 11 target price at Oppenheimer.
Performance Food Group Co. (NYSE:PFGC) was started as Buy at Merrill Lynch. Performance Food Group trades in a 52-wk range of 28.05 – 40.80. The stock has a consensus analyst price target at 40.82.
Qualcomm Inc. (NASDAQ:QCOM) surged after settling its case with Apple settled Tuesday. JPMorgan raised it to Overweight from Neutral and Stifel raised it to Buy from Hold. Also, Evercore ISI raised Qualcomm to Outperform from In-Line
The US stock market is closed Friday, have a Easter Holiday weekend.