The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$BABA, $ANTM, $CARB, $FIT, $MMM, $MSFT, $NFLX, $SQ

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 Monday, as follows:

Alibaba Group Holding Ltd. (NYSE:BABA) analysts maintained as Buy but the price target was lowered to 200 from 220 at Stifel. The stock has a 52-wk trading range of 135.14 – 211.70 and has a consensus price target at 225.78.

Anthem Inc. (NYSE:ANTM) analysts reiterated as Buy with a 316 price target at Jefferies, which also raised the price target to 295 from 265. Evercore ISI raised its price target 295 from 265.

Carbonite Inc. (NASDAQ:CARB) was started as Buy at Jefferies, and the firm assigned a 45 target price. Shares trade in a 52-wk range of 20.50 – 43.63. The consensus price target is 42.50.

Fitbit Inc. (NYSE:FIT) analysts raised FIT to Outperform from Neutral with a 6.50 price target at Wedbush Securities. The move is as Fitbit expands into healthcare and med-tech verticals with a large share of both markets. The stock trades in a 52-wk range of 4.93 – 9.75 and with a consensus target price at 7.28.

3M Co. (NYSE:MMM) was started as Outperform and assigned a 228 price target at Credit Suisse.  The 52-wk trading range is 190.57 – 259.77, and the consensus price target is at 211.50.

Microsoft Corp. (NASDAQ:MSFT) was raised to Outperform and its price target was lifted up to 121 from 106 at Macquarie. Microsoft trades in a 52-wk range of 77.25 – 116.18 and with a consensus price target of 123.55.

Netflix Inc. (NASDAQ:NFLX) has seen several analyst calls ahead of Tuesday’s earnings report. Citigroup raised its rating to Buy from Neutral, but Stifel lowered its price target to 395 from 405. Wedbush is maintaining its Underperform rating and its 125 price target despite expecting a modest subscriber and cash flow gains.  The stock has a consensus price target of 382.07 and 52-wk trading range of 178.38 – 423.21.

Square Inc. (NYSE:SQ) was upgraded to Buy from Hold and the price target was raised to 90 from 60 at Canaccord Genuity. The 52-wk trading range is 31.44 to 101.15. The consensus price target is at 81.33

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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