The Street’s Key Stock Analysts Research Reports

The Street’s Key Stock Analysts Research Reports

$AEO, $GME, $INTU, $NVAX, $NVDA, $OXY, $ORTX, $RF, $CRM, $SLB

Investors will not receive any notable economic data for the rest of the week.

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 Key issues for Tuesday as follows:

American Eagle Outfitters Inc. (NYSE:AEO) was raised to Buy from Hold at Deutsche Bank.

Gamestop Corp. (NYSE:GME) was raised to Neutral from Underperform at Merrill Lynch. Wedbush reiterated its Outperform rating and $19 target ahead of this week’s earnings report.

Intuit Inc. (NASDAQ:INTU) was raised to Outperform from Sector Perform at RBC Capital Markets.

Novavax Inc. (NASDAQ:NVAX) was raised to Overweight from Neutral at Piper Jaffray. The stock has a consensus target price of 3.80 and a 52-wk trading range of 1.05 – 2.75.

Nvidia Corp. (NASDAQ:NVDA) analuysts started NVDA as Outperform and assigned a 225 price target at Credit Suisse. The firm noted that while its recent guidance with earnings was disappointing, it sees the reset and large drop in the shares over the past 8 wks as providing a compelling entry point.

Occidental Petroleum Corp. (NYSE:OXY) was reiterated as Buy with a 97 price target at Argus. The independent research firm noted that Occidental is well positioned to weather volatile energy market conditions and that it has also completed a series of asset divestitures that boosted cash and increased exposure to higher returning assets.

Orchard Therapeutics PLC (NASDAQ:ORTX) was started as Outperform with a 25 price target at Wedbush, and JPMorgan started is as Overweight. The shares closed up 4.8% at 16.95 Monday.

Regions Financial Corp. (NYSE:RF) was raised to Overweight from Neutral at JPMorgan.

Salesforce.com Inc. (NYSE: CRM) was reiterated as Outperform with a 160 price target at Wedbush. The firm sees shares of Salesforce as pretty washed out at the current levels and it expects a solid Q-3 execution to provide relief for its shares.

Schlumberger Ltd. (NYSE:SLB) was raised to Buy from Hold at HSBC.

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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