$AMZN, $CLF, $DRI, $GRUB, $MTN
FLASH: The leadership is leading again…Bullish
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:
Amazon.com Inc. (NASDAQ:AMZN): Wedbush Securities reiterated Amazon as Outperform with a 2,350 target price, and Goldman Sachs reiterated it as Buy but raised its price target to 2,400 from $2,100. Merrill Lynch also reiterated its Buy rating, and it raised its price objective to 2,300 from 2,100. CFRA reiterated its Buy rating and raised its target to 2,200 from 2,000.
Cleveland-Cliffs Inc. (NYSE:CLF) Credit Suisse upgraded it to Outperform from Neutral and raised the target price to 14 from 13.
Darden Restaurants Inc. (NYSE:DRI) was started with a Buy rating at UBS. Shares trade in a 52-wk range of 84.37 – 124.00. The consensus target price is 127.60.
Grubhub Inc. (NYSE:GRUB) was reiterated as Outperform with a 100 target price at Wedbush, with the firm noting that the earnings prove the sky is not falling and that investors should focus on the company’s reach and differentiation from competitors. The 52-wk trading range is 63.31 – 149.35, and the consensus target price is 100.05.
Vail Resorts Inc. (NYSE:MTN) was started with a Buy rating and assigned a 242 price target at SunTrust Robinson Humphrey. The consensus target price is 241.56.
Have a terrific week.