The Street’s Key Stock Analysts Research Reports
$MT, $ARRS, $CPA, $CREE, $KDP, $MTZ, $KORS, $PRTY, $PVH, $TCF, $YELP
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:
ArcelorMittal (NYSE:MT) was raised to Neutral from Sell at UBS. It has a consensus target price at 42.22.
Arris International Inc. (NASDAQ:ARRS) is being acquired, and so Goldman Sachs raised it to Neutral from Sell.
Copa Holdings S.A. (NYSE:CPA) was downgraded to In-Line from Outperform at Evercore ISI. Shares trade in a 52-wk range of 67.38 – 141.34. The consensus target price is at 107.01.
Cree Inc. (NASDAQ:CREE) was raised to Buy from Neutral with a 58 price target at Goldman Sachs. Shares have a consensus target price was $46.50.
Keurig Dr Pepper Inc. (NYSE:KDP) was downgraded to Hold from Buy at Gabelli. Shares closed up 3% at $28.48 on Thursday, and the consensus target price of 27.31.
MasTec Inc. (NYSE:MTZ) was downgraded to Neutral from Outperform at Robert W. Baird. It has a 52-wk trading range of 39.83 – 55.53, and the consensus target price is at 61.92.
Michael Kors Holdings Ltd. (NYSE:KORS) was downgraded to Neutral from Outperform at Credit Suisse. Its consensus target price is 68.48.
Party City Holdco Inc. (NYSE:PRTY) was raised to Overweight from Equal Weight and the target price was set at 16 at Barclays. Its consensus target price is 16.17.
PVH Corp. (NYSE:PVH) analysts raised PVH to Neutral from Sell but the price target was cut to 130 from 142 at Goldman Sachs. The consensus target price is 168.47, and the 52-wk trading range is 116.52 – 169.22.
TCF Financial Corp. (NYSE:TCF) was raised to Outperform from Market Perform with a 26 price target at Keefe Bruyette & Woods.
Yelp Inc. (NASDAQ:YELP) is getting hammered, JPMorgan downgraded Yelp to Neutral from Overweight with a 36 price target, Raymond James downgraded it to Market Perform from Outperform and Deutsche Bank cut its rating to Hold from Buy.
Have a terrific week