The Street’s Key Stock Analysts Research Reports


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 Monday as follows:

Apple Inc. (NASDAQ:AAPL) analysts maintained AAPL as Overweight but the target price was lowered to 236 from 253 at Morgan Stanley. The consensus target price is at 228.43, and the 52-wk trading range is 50.24 – 233.47.

Broadcom Ltd. (NASDAQ:AVGO) closed down just over 2% before the earnings call, then after beating earnings, raising guidance, hiking its dividend and increasing its stock buyback plan even further, its shares were indicated up almost 4% Friday, Morgan Stanley maintained it as Equal Weight and lowered the price target to 250 from 260. MKM Partners reiterated its Buy rating and raised its target to 285 from 250. BMO Capital Markets has a Market Perform rating raising its target price to 250 from 230 after earnings.

Chesapeake Energy Corp. (NYSE:CHK) was downgraded to Underweight from Neutral at JPMorgan.  It’s stock has a 52-wk range of 2.53 – 5.60, and the consensus target price is at 4.32.

Devon Energy Corp. (NYSE:DVN) was downgraded to Neutral from Overweight and the price target was lowered to 37 from 40 at JPMorgan.  Devon has a 52-wk trading range of 25.87 – 46.54.

Lululemon Athletica Inc. (NASDAQ:LULU) Morgan Stanley maintained it as Equal Weight raising the price target to 138 from 133. Lululemon has a 52-wk trading range of 72.13 – 164.79, and its consensus target price was at 163.34.

SecureWorks Corp. (NASDAQ:SCWX) RBC Capital Markets downgraded it to Sector Perform from Outperform with an 18 target. Also, First Analysis lowered it to Neutral from Outperform with a 17 target.

Tesla Inc. (NASDAQ:TSLA) was raised to Buy from Hold and the price target was raised to 450 from 360 at Jefferies. The stock has a 52-wk range of 244.59 – 387.46.

Zendesk Inc. (NYSE:ZEN) was started with an Outperform rating and assigned a 71 target price. The consensus target price is 70.71, and the 52-week trading range is 33.13 – 72.76.

Have a terrific week

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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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