The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$CHK, $CMCSA, $CREE, $LITE, $NVDA, $VOD, $XLNX

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 Wednesday as follows:

Chesapeake Energy Corp. (NYSE:CHK) was raised to Neutral from Sell and the target price was raised to 4.50 from 3.50 at Citigroup. Chesapeake Energy has a 52-wk trading range of 2.53 to $5.60, and its consensus target price is at 4.50.

Comcast Corp. (NASDAQ:CMCSA): Barclays just reinstated Comcast as Overweight and assigned a 44 price target. The 52-wk trading range is 30.43 – 44.00, and the consensus price target is at 43.83.

Cree Inc. (NASDAQ:CREE) was started as Outperform and assigned a 55 price target at BMO Capital Markets. Cree has a consensus target price of 46.50 and a 52-wk trading range of 30.78 – 51.78.

Lumentum Holdings Inc. (NASDAQ:LITE) was downgraded to Neutral from Overweight at JPMorgan after its shares fell almost 33% to 37.50 on lowered guidance. The firm also slashed its price target to 50 from 80. The 52-wk trading range is 37.00 to 74.40, and the consensus price target is 74.69.

Nvidia Corp. (NASDAQ:NVDA) was raised to Positive from Neutral at Susquehanna, which noted that it will win from the benefits of AI ahead. The stock has a 52-wk trading range of 176.01 – 292.76 and a consensus price target of 288.79.

Vodafone Group PLC (NASDAQ:VOD) was raised to Strong Buy from Buy at CFRA, with the research firm noting that its dividend is sustainable after earnings. The American depository shares have a 52-wk range of 18.45 – 32.75, and the consensus price target is at 25.69.

Xilinx Inc. (NASDAQ:XLNX) was raised to Positive from Neutral at Susquehanna, and was called a future winner from AI trends. The 52-wk range for the stock is 62.27 – 88.20, and the consensus price target is at 86.23.

Stay tuned…

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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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