The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$ALB, $AA, $AB, $AAPL, $BAC, $C, $PNC

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 stocks analysts have singled out to look at carefully Wednesday, as follows:

Albemarle Corp. (NYSE:ALB) was maintained as Overweight but the target price was lowered to 94 from 100 at KeyBanc Capital Markets.

Alcoa Corp. (NYSE:AA) downgraded to Neutral from Outperform and the price target was lowered to 25 from 34 at Macquarie. Shares trade in a 52-wk range of 20.82 – 48.87. The consensus target price is at 34.17.

AllianceBernstein Holding L.P. (NYSE:AB) was reiterated as Buy and the price target was raised to $37 from $36 at Citigroup.

Apple Inc. (NASDAQ:AAPL): Analysts a JPMorgan raised its target to 239 from 233 based on a stronger iPhone replacement cycle expected. The firm sees 195-M units shipped in Y 2020, Vs a prior 185-M forecast, and the earnings estimate was raised to 13.00 from 12.85 EPS. Shares trade in a 52-wk range of 142.00 – 233.47. The consensus target price is at 212.03.

Bank of America Corp. (NYSE:BAC) was maintained as Overweight but the target price was lowered to 29.50 from 30.00 at JPMorgan.

Citigroup Inc. (NYSE:C) was reiterated as Overweight and the target price was raised to 77 from 75 at JPMorgan. Shares trade in a 52-wk range of 48.42 – 75.24. The consensus target price is at 80.32.

PNC Financial Services Group Inc. (NYSE:PNC):Analysts reiterated PNC as Overweight and the price target was raised to 142 from 137.50 at JPMorgan. Shares trade in a 52-wk range of 108.45 – 147.23. The consensus target price is at 141.95.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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