The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$FDX, $LMT, $MA, $PEP, $TOT, $UPS, $V

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 Thursday, as follows:

FedEx Corp. (NYSE:FDX) was started with a Buy rating and was added to the Conviction Buy list at Goldman Sachs. The firm set a 220 price target that implies almost 25% upside from the current 160.30 share price. FedEx has a consensus target price at 188.64.

Lockheed Martin Corp. (NYSE:LMT) UBS reiterated its Buy rating and raised its target price to 420 from 385. The target already was above the prior consensus target price of 371.83, and the prior street-high analyst target was just 405 ahead of Wednesday’s upgrade. With new missile deals, jet sales and satellite orders, an added boost is coming from continued high-margin F-16 sales long after the jet was expected to enter a phase-out cycle. Lockheed Martin an implied Northside of about 13% to the new street-high target, sans its 2.35% dividend yield consideration.

Mastercard Inc. (NYSE:MA) was reiterated as Outperform at Wells Fargo, the firm upgraded its target price to 305 from 285 in the call. Wells Fargo’s the new 305 target implies a Northside of just over 10%.

PepsiCo Inc. (NYSE:PEP) on Wednesday was up 1.1% to 133.35, within striking distance of the all-time high of 135.24. Merrill Lynch reiterated PepsiCo as Buy and raised the price objective to 142 from 135. Morgan Stanley reiterated its Overweight rating but lifted its price target to 143 from 137. UBS maintained only a Neutral rating but raised its analyst target to 132 from 130.

Total S.A. (NYSE:TOT) is a French oil, gas and energy player, but it has over a $140-B market cap and is still actively traded in New York. Total was raised to Outperform from Neutral as the firm switched opinions on the European oil and gas segment. Credit Suisse said that Total is now cheaper than BP using the 62 to 63 Brent bbl prices. It noted that Total’s Strategy Day in September should provide greater visibility out to Y 2025 and should allow the company to be more assertive on its distribution policy. Total has close to a 5% yield as is, and its American depository shares were last seen up 0.8% at 55.97. The 52-wk trading range is 49.70 – 65.69.

United Parcel Service Inc. (NYSE:UPS) was started with a Buy rating and assigned a 123 price target at Goldman Sachs. This implies upside of 21% from the current 101.50 price, and the Goldman Sachs target is higher than the 115.55 consensus target price.

Visa Inc. (NYSE:V): Wells Fargo reiterated its Outperform rating, the firm raised its target price to 200 from 180. The consensus target price was at 183.03, and the higher Wells Fargo target leaves an implied Northside of just over 11%.

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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