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.