$GOLD, $BBU, $CTST, $CNK, $DLR, $PBR, $SBUX
The US financial markets were closed all day Thursday for Independence Day observance, the markets are open Friday.
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:
Barrick Gold Corp. (NYSE:GOLD) BMO Capital Markets raised the shares to Outperform from Market Perform and its price target 20 from 14.50. The stock has a 52-week trading range of 9.53 -16.45 and a consensus target price at 14.74.
Brookfield Business Partners L.P. (NYSE:BBU) was reinstated as Outperform and was given the same prior 48 target price at Credit Suisse. The firm had been restricted in coverage, noting an issuance of $795-M of equity by way of a bought deal and two private placements, and the firm noted that it is now leading with liquidity in an environment of potentially ample opportunities.
CannTrust Holdings Inc. (NYSE:CTST): Analysts started CTST with a Buy rating and assigned a 7 price target at Citigroup. Shares trade in a 52-wk range of 4.35 – 11.97.
Cinemark Holdings Inc. (NYSE:CNK) was raised to Buy from Hold with a 44 price target at Loop Capital. The consensus target price was 45.00 ahead of the call, and its 52-wk trading range is 34.03 – 43.51.
Digital Realty Trust Inc. (NYSE:DLR) was started as Buy and assigned a 140 price target at Argus. The independent research firm called the shares undervalued at this price. The stock has a 52-wk trading range of 100.05 – 125.19, and the consensus target price is at 126.62.
Petroleo Brasileiro S.A. (NYSE:PBR) aka Petrobras, was started with a Buy rating and assigned a 21 price target. The American depository shares trade in a 52-wk range of 10.07 – 17.90.
Starbucks Corp. (NASDAQ:SBUX) analysts at Stifel raised its price target to 86 from 65 at Stifel. Shares trade in a 52-wk range of 48.40 – 85.58 and with a consensus target price at 79.88.
Have a terrific weekend.
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