The Street’s Key Stock Analysts Research Reports

$AAPL, $GPS, $HP, $ROST, $CRM, $VMW

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 Monday, as follows:

Apple Inc. (NASDAQ:AAPL) maintained as Outperform with the same 245 price target at Wedbush Securities, with the firm discussing its upcoming streaming service as a 1st step in a broader strategy with a $6-B commitment to original shows and movies for the launch of its Apple TV+.

Gap Inc. (NYSE:GPS) Wells Fargo reiterated it as Market Perform but cut the target price to 18 from 25. Credit Suisse reiterated its Neutral rating but lowered the target price to 20 from 23.

HP Inc. (NYSE:HPQ) Citigroup reiterated its Hold rating and cut its target to 20 from 21, while Wells Fargo maintained its Market Perform rating and cut its target on HP to $20 from 23. Evercore ISI downgraded the stock to In-Line from Outperform and lowered its target price to 19 from 23.

Ross Stores Inc. (NASDAQ:ROST) Citigroup reiterated it as Neutral but raised the target price to 104 from 94. Deutsche Bank reiterated its Buy rating and raised its target to 113 from 107, and MKM Partners reiterated its Buy rating and raised its target to 114 from 102.

Salesforce.com Inc. (NYSE:CRM) Macquarie reiterated it as Outperform and raised the target to 190 from $185, while Morgan Stanley reiterated its Overweight rating and raised its target to 180 from 178. JMP Securities reiterated its Outperform target and raised its target to 191 from 178. Stifel reiterated its Buy rating and raised its target to 195 from 185, and BMO Capital Markets reiterated its Outperform rating and lifted its target price to 188 from 185.

VMware Inc. (NYSE:VMW) was maintained as Outperform and the target was cut to 190 from 210 at RBC Capital Markets. Stifel reiterated its Hold rating and cut its target to 150 from 160, while Barclays maintained its Overweight rating and marginally raised its target price up to 184 from 182. Nomura/Instinet reiterated its Reduce rating and slashed its target to 114 from 130.

Of Note: The homebuilders

Seaport Global issued new Buy ratings on homebuilders D.R. Horton Inc. (NYSE:DHI), KBHome (NYSE:KBH), Lennar Corp. (NYSE:LEN) and PulteGroup Inc. (NYSE:PHM).

Have a terrific week.

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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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