The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports


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 the Street’s Key analysts outlook for main issues for Friday, as follows:

Advanced Micro Devices Inc. (NASDAQ:AMD) Stifel reiterated AMD as Buy and raised the price target to $38 from $21.

arGEN-X N.V. (NASDAQ:ARGX) was added to the Best Ideas List at Wedbush Securities, with the firm noting an increasing confidence in efgartigimod’s broad market opportunity in antibody-mediated autoimmune diseases.

Bio-Rad Laboratories Inc. (NYSE:BIO) analysts started as Equal Weight at Morgan Stanley.

Bruker Corp. (NASDAQ:BRKR) analysts downgraded to Underweight from Equal Weight and the target price was raised to $32 from $31 at Morgan Stanley.

Caterpillar Inc. (NYSE: CAT) was raised to Outperform from Neutral with a 191 price target at Robert W. Baird. Caterpillar has a 166.50 consensus target price, and the 52-wk trading range is 123.62 – 173.24.

Church & Dwight Co. (NYSE:CHD) analysts started with an Overweight rating at Atlantic Equities.

Clorox Co. (NYSE:CLX) was started as Neutral at Atlantic Equities.

Colgate-Palmolive Co. (NYSE:CL) was started as Neutral at Atlantic Equities.

Diamond Offshore Drilling Inc. (NYSE:DO) was raised to Outperform from Sector Perform with a 23 price target at RBC Capital Markets. Shares have a 52-wk range of 13.00 – 21.92.

Estee Lauder Companies Inc. (NYSE:EL) was started with an Overweight rating at Atlantic Equities. The stock has a 52-wk trading range of 106.00 – 158.50. EL is my long time ‘lipstick’ economic indicator and it is Very Bullish now.

Fifth Third Bancorp (NASDAQ:FITB) analysts added FITB to the Wedbush Best Ideas List, with the firm noting several earnings levers that other banks don’t have to overcome, like a rebound in loan growth and less margin benefit from rate hikes as deposit costs are accelerating.

First Bancorp (NYSE:FBP) was raised to Buy from Neutral with an 11.50 price objective at Merrill Lynch.

Have a terrific weekend

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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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