The Street’s Key Stock Analysts Research Reports
$T,$CMG,$CCK, $EC, $ETTX,$HON,$INTC,$NUE,$OXY
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 Tuesday, as follows:
AT&T Inc. (NYSE:T) was raised to Buy from Neutral at Tigress Financial Partners. The stock closed at 32.67 Monday. It has a 52-wk trading range of 30.13 – 39.33 and a consensus target price at 35.48.
Chipotle Mexican Grill Inc. (NYSE:CMG) analysts upgraded CMG to Outperform from Sector Perform and the price target was raised to 510 from 450 at RBC Capital Markets, with the firm noting Chipotle’s same-store sales growth potential.
Crown Holdings Inc. (NYSE:CCK) was raised to Outperform from Market Perform and the target price was set at 60 at Wells Fargo.
Ecopetrol S.A. (NYSE:EC) was raised to Market Perform from Underperform at Raymond James.
Entasis Therapeutics Inc. (NASDAQ:ETTX) analysts started as Outperform and assigned a 19 price target at Wedbush Securities. The firm noted its next-generation drugs for next-generation bugs with a pipeline of new antibiotics targeted to resistant bacterial infections. Credit Suisse started it as Outperform and assigned an 18 price target.
Honeywell International Inc. (NYSE:HON) was reiterated as Buy at Argus after recent weakness, with the firm noting that the recent weakness offers a buying opportunity for new shareholders.
Intel Corp. (NASDAQ:INTC) was raised to Buy from Neutral at Nomura/Instinet. Intel closed at 45.01 Monday. Intel has a 52-wk range of 40.40 – 57.60 and a consensus price target of 55.26.
Nucor Corp. (NYSE:NUE) was reiterated as Buy at Argus, with the independent research outfit saying that the recent weakness offers a buying opportunity for new buyers.
Occidental Petroleum Corp. (NYSE:OXY) was raised to Strong Buy from Outperform at Raymond James.