$AAPL, $C, $CMCSA, $TSLA, $ZNGA
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 Friday follows:
Apple Inc. (NASDAQ:AAPL): Analysts maintained AAPL with an Overweight rating at Morgan Stanley, but the target price was lowered to 231 from $240 based on China exposure and ongoing trade tariff fallout that has been hurting Apple and other companies. The 52-wk trading range is 142.00 – 233.47, and the consensus target price is at 216.17.
Citigroup Inc. (NYSE:C) was raised to Buy from Neutral at Goldman Sachs, which cited Citi’s realistic path to growth in Y 2020, even if there is not a story of stronger global growth and without needing higher interest rates. It has a 52-wk trading range of 48.42 – 75.24 and a consensus target price of at 79.92.
Comcast Corp. (NASDAQ:CMCSA) was raised to Buy from Neutral at Guggenheim, with the firm calling out growth in its broadband segment and also noting that NBCUniversal is operating at high levels. It has a 52-wk trading range of 30.67 – 43.96 and a consensus target price at 47.23.
Tesla Inc. (NASDAQ:TSLA): HeffX-LTN maintained as Underweight, but lower its price target to 140 from 190. Tesla has a 52-wk trading range of 185.04 – 387.46 and a consensus target price of 283.32.
Zynga Inc. (NASDAQ:ZNGA) was raised to Overweight from Equal Weight and the target price was raised to 8.25 from 6.50 at Stephens. It has a 52-wk trading range of 3.32 – 6.31 and a consensus target price of 6.89.
Have a terrific weekend.
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