$CMG, $MNST, $JWN, $NOK, $NUE, $NVDA, $OAS, $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 Key issues for Wednesday as follows:
Chipotle Mexican Grill Inc. (NYSE:CMG) was reiterated as Overweight and the target price was raised to 525 from 500 at KeyBanc Capital Markets. The consensus target price is 469.88, and the 52-wk trading range of 247.52 – 530.68.
Monster Beverage Corp. (NASDAQ:MNST) was raised to Buy from Hold and the price target was raised to 65 from 50 at SunTrust Robinson Humphrey
Nordstrom Inc. (NYSE:JWN) was raised to Equal Weight from Underweight at Morgan Stanley.
Nokia Corp. (NYSE:NOK): analysts raised NOK to Outperform from Market Perform with a $7.50 price target at Raymond James. Nokia’s 52-week trading range is $4.75 to $6.41.
Nucor Corp. (NYSE:NUE) was raised to Outperform from Neutral at Credit Suisse.
Nvidia Corp. (NASDAQ:NVDA) was maintained as Outperform at Credit Suisse, but the firm lowered earnings estimates for this year and next as it sees the overhang of its excess graphics inventory likely persisting out into the April Quarter.
Oasis Petroleum Inc. (NYSE:OAS) was raised to Buy from Hold at Stifel.
Xilinx Inc. (NASDAQ: XLNX) was reiterated as Buy and the price target was raised to 110 from 85 at Argus. The independent research firm continues to see additional gains from the company facilitating the development of artificial intelligence, machine learning and autonomous driving.