The Street’s Key Stock Analysts Research Reports
$AAPL, $CAT, $COST, $CYCC, $GWPH, $MRVL, $MFIN, $NXPI, $PANW
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 main issues for Monday, as follows:
Apple (NASDAQ:AAPL) saw its price target raised to 250 from 218 at Piper Jaffray ahead of the coming iPhone refresh event. The call is based on 67% of iPhone owners using a phone that is 2 years old or more, which keeps the iPhone super-cycle going strong.
Caterpillar (NYSE:CAT) Analysts started CAT as Neutral at Oppenheimer, with the firm noting that valuation concerns are currently offsetting an upbeat outlook from management.
Costco Wholesale (NASDAQ:COST) was reiterated as Buy and the price target was raised to 245 from 220 at Stifel.
Cyclacel Pharmaceuticals Inc. (NASDAQ:CYCC) was started with a Buy rating and assigned a 6.25 price target at Ladenburg Thalmann. The stock has a 52-wk trading range of 1.28 – 2.27.
GW Pharmaceuticals PLC (NASDAQ:GWPH) Analysts started GWPH as Overweight with a$197 price target at Morgan Stanley. The 52-wk range is 92.46 to 164.76, and the consensus target price is 169.00.
Marvell Technology Group Ltd. (NASDAQ:MRVL) was started as Overweight and assigned a 27 price target at JPMorgan. The stock has a consensus analyst target price of 27.45 and a 52-wk trading range of 17.20 to 25.18.
Medallion Financial Corp. (NASDAQ:MFIN) was started with a Buy rating and assigned a 10 price target at B. Riley.
NXP Semiconductors N.V. (NASDAQ:NXPI) was started as Outperform with a $111 price target at Cowen.
Palo Alto Networks Inc. (NYSE: PANW) Morgan Stanley reiterated it as Overweight and raised the price target to 262 from 240. UBS reiterated its Neutral rating on valuation but still raised its target to 232 from 212. Barclays analysts reiterated its Overweight rating and raised its target from 245 to 263.
Have a terrific week