$AMZN, $FB, $NEM, $DTIL, $RCII, $TSLA
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 Tuesday follows:
Amazon.com Inc. (NASDAQ:AMZN) was reiterated as Outperform with a 2,000 price target at Wedbush Securities, with firm calling for upside to earnings with gross margins remaining the Top story ahead of this Thursday’s earnings call.
Facebook Inc. (NASDAQ:FB) was reiterated as Outperform with a 200 price target at Wedbush ahead of earnings. The firm is calling for revenue upside with strength in its ad product momentum and engagement growth.
Newmont Mining Corp. (NYSE:NEM) was raised to Buy from Hold with a 46 price target at TD Securities. The stock has a 52-wk trading range of 29.06 to 41.49 and a consensus target price at 40.91.
Precision BioSciences Inc. (NASDAQ:DTIL) : Analysts started DTIL as Overweight with a 23 price target at JPMorgan. Goldman Sachs started it as Buy and with a 24 price target, and Barclays started it as Overweight with a 24 price target. Shares trade in a post-IPO trading range of 12.13 – 19.00. The 7.9-M/share IPO priced at 16 late in March.
Rent-A-Center Inc. (NASDAQ: RCII) was raised to Strong Buy from Outperform and the price target was raised to 27 from 25 at Raymond James. The stock has a consensus target price at 20.67.
Tesla Inc. (NASDAQ:TSLA) was downgraded to Underperform from In-Line at Evercore ISI Group. Shares closed down Monday at
262.75-10.51 (-3.85%) after a reported explosion of a parked car in Shanghai.