The Street’s Key Stock Analysts Research Reports
$BABA, $AXL, $BIG, $BLUE, $CVX, $GSBD, $HLT, $MSEX, $PE, $RYI, $SUBX, $UAA
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:
Alibaba Group Holding Ltd. (NYSE:BABA) was maintained as Overweight and the target price was lowered to 203 from 215 at KeyBanc Capital Markets. The 52-wk trading range is 130.06 – 211.70, and the consensus target price is at 218.04.
American Axle & Manufacturing Holdings Inc. (NYSE:AXL) analysts raised AXL to Neutral from Underperform with a 13 target objective at Merrill Lynch.
Big Lots Inc. (NYSE:BIG) was started as Buy at Merrill Lynch. It has a 52-wk trading range of 36.20 – 64.42. The consensus target price is at 47.18.
Bluebird Bio Inc. (NASDAQ:BLUE) was raised to Buy from Neutral with a 170 price target at Janney. The consensus target price is at 203.44.
Chevron Corp. (NYSE:CVX) was raised to Outperform from Neutral with a 138 price target at Credit Suisse. The consensus target price is 145.89
Goldman Sachs BDC Inc. (NYSE:GSBD) was raised to Outperform from Market Perform with a 21.75 price target at Wells Fargo.
Hilton Worldwide Holdings Inc. (NYSE:HLT) was downgraded to Hold from Buy at Argus.
Middlesex Water Co. (NASDAQ:MSEX) was raised to Buy from Neutral with a 53 target price at Janney.
Parsley Energy Inc. (NYSE:PE) was raised to Outperform from Neutral and the price target was raised to 33 from 31 at Macquarie.
Ryerson Holding Corp. (NYSE:RYI) was raised to Buy from Hold with a $21 target price at Deutsche Bank.
Starbucks Corp. (NASDAQ:SBUX) analysts raised SBUX to Buy from Neutral with a 75 target price at Mizuho. The 52-wk range is 47.37 – 65.68, and the consensus target price is at 63.52.
Under Armour Inc. (NYSE:UAA) was raised to Overweight from Neutral and the target price was raised to 32 from 20 at Piper Jaffray. The consensus target price is at 20.89.