$KMPH, $MRVL, $MBD, $NGTR, $NCMI, $SIX
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:
KemPharm, Inc. (NASDAQ:KMPH) was started with a Buy rating and was assigned a 3.00 target price at H.C. Wainwright. KemPharm traded in a 52-week range of 1.15 – 6.85.
Marvell Technology Group Ltd. (NASDAQ:MRVL) was started with a Market Perform rating at Raymond James. Marvell has a consensus analyst target price at 27.14.
MongoDB, Inc. (NASDAQ:MDB) was reiterated as Buy at Stifel, and the firm raised its target price to 180 from 155 in its call. KeyBanc Capital Markets reiterated its Outperform rating and raised its target to 188 from 165. MongoDB has a consensus analyst target price at 154.33.
Netgear, Inc. (NASDAQ:NTGR) was started as Buy with 40 target price at Guggenheim. Its consensus analyst target price is 47.67 and its 52-wk trading range is 24.63 -78.30.
National CineMedia, Inc. (NASDAQ:NCMI) was started with an Outperform rating and was assigned a 8 target at Wedbush Securities. The firm feels that NCM is nimble enough to grow advertising revenue even if theater attendance levels fall short of expectations. That would offer a buffer to a variable box office environment and the firm is less concerned now about reserved seating driving later arrivals than in the past. NCM is expected to recoup ad dollars elsewhere, such as in-lobby during the early pre-show and by expanding digital packages for national ad spots.
Six Flags Entertainment (NYSE:SIX) was raised to Outperform from Neutral and the price target was raised to 62 from 51 at Wedbush Securities, with the firm calling out a number of potential catalysts lining up nicely for Six Flags’ investors.