$AAPL, $AIT, $CSCO, $DE, $LEVI, $MANH
Below is a list of stocks analysts have singled out to look at carefully Friday, as follows:
Apple Inc. (NASDAQ:AAPL) was reiterated as Outperform with a 245 price target at Wedbush Securities, with the firm noting that the iPhone demand cycle looks stable heading into F-Y 2020 despite all the ongoing China worries. The 52-wk trading range is 142.00 – 233.47, and the consensus price target is at 223.03.
Applied Industrial Technologies Inc. (NYSE:AIT) was maintained as Overweight but the target price was lowered to 65 from 70 at KeyBanc Capital Markets.
Cisco Systems Inc. (NASDAQ:CSCO) KeyBanc Capital Markets maintained the stock as Overweight and cut its target price to 56 from 60. Raymond James reiterated its Outperform rating and raised its Cisco target to 59 from 58. The 52-wk trading range is 40.25 – 58.26, and the consensus price target is at 58.43
Deere & Co. (NYSE:DE) was started as Equal Weight with a 160 target price at Stephens. The 52-wk trading range is 128.32 – 171.22, and the consensus price target is at 167.06.
Levi Strauss & Co. (NYSE:LEVI) Bank of America upgraded it to Buy from Neutral after the shares hit a post-IPO low, but its price objective was cut to 20 from 25 in the call. The post-IPO trading range is 16.00 – 24.50, and the consensus price target is 24.00.
Manhattan Associates Inc. (NASDAQ:MANH) was started as Buy with a 100 target price at Rosenblatt.
Have a terrific weekend