$XLRN, $ALC, $HOME, $GH, $IAC, $HUN, $LOW, $PINS
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:
Acceleron Pharma Inc.’s (NASDAQ:XLRN) price target raised to 74 from 71 at Piper Jaffray, who reiterated its Overweight rating. That compares to a much lower consensus price target at 58.83.
Alcon Inc. (NYSE:ALC) was started with an Outperform rating at Baird with a price target of 69. The consensus target is 60.57.
At Home Group Inc. (NYSE:HOME) was started with a Buy rating at Berenberg with a 30 price target. That compares to the consensus target of 26.09.
Guardant Health Inc. (NASDAQ:GH) saw its price target lifted to 90 from 85 at JPMorgan, where the analysts cited strong Q-1 results for the increase. The consensus target is 81.75.
Huntsman Inc. (NYSE:HUN) was raised to Buy from Neutral at Goldman Sachs. The 52-wk trading range for the chemical giant is 17.58 – 33.55. The consensus price target is posted at 28.94.
IAC/Interactive Corp. (NASDAQ:IAC) saw its price target raised to 270 from 265 at JPMorgan. That compares to a consensus price target at 263.35.
Lowe’s Inc. (NYSE:LOW) is reiterated at an Outperform rating at Wells Fargo. The 52-wk trading range for the home improvement giant is 84.75 – 118.23, and the consensus price target is 117.59. Recommendation: Buy the Dip.
Pinterest Inc. (NYSE:PINS) was started with a Buy rating and a 34 price target at Nomura, noting PINS is the fastest growing stock in his research coverage universe. The consensus price target for the recent IPO is much lower at 23.70.
Have a terrific week.