$GOOGL, $AMAT, $JD, $MRVL, $MXL, $WLK, $ZG
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:
Alphabet Inc. (NASDAQ:GOOGL): Analysts reiterated GOOGL a Buy and the price target was raised to 1,400 from 1,300 at Deutsche Bank, with the firm talking up a better advertising product group from the coming Google Marketing live conference making its Y 2020 estimates solid. The consensus target price is at 1,341.82.
Applied Materials Inc. (NASDAQ:AMAT) was raised to Positive from Neutral and the price target was raised to 60 from 34 at Susquehanna. It has a consensus target price of 47.75, its 52-wk trading range is 28.79 – 55.46.
JD.com (NASDAQ:JD) was raised to Buy from Neutral at Nomura/Instinet. The consensus target price was 31.55 prior to the call.
Marvell Technology Group Ltd. (NASDAQ:MRVL) was started with a Market Perform rating at Wells Fargo. It has a consensus target price at $26.68.
MaxLinear Inc. (NYSE:MXL) was started with a Market Perform rating at Wells Fargo. The consensus target price is at 26.75.
Tilray Inc. (NASDAQ:TLRY) was raised to Market Perform from Underperform at BMO Capital Markets. Its 52-wk trading range is 20.10 to 300.00.
Westlake Chemical (NYSE:WLK): Analysts raised WLK to Buy from Neutral at Goldman Sachs. Shares trade in a 52-wk range of 57.39 – 124.30 with a consensus price target at 77.16.
Zillow Group Inc. (NASDAQ:ZG) was raised to Buy from Neutral with a 45 target price at Guggenheim. The 52-wk trading range is 26.20 – 65.42. Zillow had a consensus target price of 41.13 ahead of the call Wednesday.