The Street’s Key Stock Analysts Research Reports
$DE, $JKS, $MU, $DIS, $AOS, $EVOP, $EXLS, $GMS
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 Wednesday as follows:
Deere & Co. (NYSE:DE) was reiterated as Buy at Argus, which raised its target price to 166 from 160. The independent research firm noted that Deere has slid 15% from its highs, but it likes that the management was confident enough to raise the dividend payout by 15% and has earnings power in the coming Quarters.
JinkoSolar Holding Co. Ltd. (NYSE:JKS) was up 15.5% at 10.65 after earnings Monday. Credit Suisse has maintained its Neutral rating due in part to higher operating expenses.
Micron Technology Inc. (NASDAQ:MU) was maintained as Neutral but the price target was cut to 41 from 52 at UBS. The 52-wk trading range is 33.82 – 64.66. The consensus price target is at 63.45.
Walt Disney Co. (NYSE:DIS) was raised to Outperform from In-Line with a 129 price target at Imperial Capital. Its 52-wk trading range is 97.68 – 120.20/share.
A.O. Smith Corp. (NYSE:AOS) analyss raised AOS to Overweight from Sector Weight with a 53 price target at KeyBanc Capital Markets.
EVO Payments Inc. (NASDAQ:EVOP) was started with a Buy rating and assigned a 31 price target at BTIG. The 52-wk range range is 19.00 – 30.45, and the consensus target price is 27.22.
EXL Services Holding Inc. (NASDAQ:EXLS) was maintained as Neutral with a 63 price target at Wedbush, with the firm updating its model after the recent earnings report showed that its financials continue to be impacted by M&A integration challenges.
Ferroglobe PLC (NASDAQ:GSM) was downgraded to Perform from Outperform at Oppenheimer.