The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$AAPL, $GLW, $EXC, $ITRI, $NCR, $TMHC, $TELL

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:

Apple Inc. (NASDAQ:AAPL) was reiterated as Outperform with the same 245 price target at Wedbush, with the analyst noting that China could be the star of the show as the iPhone 11 launch hits.

Corning Inc. (NYSE:GLW) maintained as Overweight at Morgan Stanley, but the firm lowered its target to 34 from 37. UBS reiterated its Neutral rating but lowered its target to 30 from 33. Argus maintained its Buy rating and 42 long-term target price. The consensus target price was at 32.02 ahead of the move and analyst reactions.

Exelon Corp. (NYSE:EXC) was reiterated with a Buy rating and a 53 target price at Argus. The consensus target price is at 52.91.

FedEx Corp. (NYSE:FDX) Robert W. Baird maintained its Outperform rating but lowered its target to 175 from 180. Morgan Stanley maintained its Equal Weight rating but cut its target to 120 from 130. JPMorgan maintained its Neutral rating but lowered its target to 318 from 329. Stifel downgraded FedEx to Hold from Buy and lowered its target to 171 from 185. The stock’s 52-wk trading range was 147.82 – 250.95.

Itron Inc. (NASDAQ:ITRI) was maintained as Outperform and the price target was raised to 80 from 70 at Robert W. Baird.

NCR Corp. (NYSE:NCR) was started with a Market Perform rating and assigned a 45 target price at Wells Fargo.

Taylor Morrison Home Corp. (NASDAQ:TMHC) was reiterated as Outperform with a 27 price target at Wedbush, with the firm noting that Q-3 orders for new homes are tracking ahead of the firm’s forecasts and broad-based demand.

Tellurian Inc. (NASDAQ:TELL) was started with an Outperform rating and assigned a 14 target price at Evercore ISI. Its consensus target price was at 11.47 ahead of this call.

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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