$AKAM, $ADSK, $BAC, $CGC, $CIT, $CLG, $CL, $DE, $NKE, $NBL, $TLRY
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 Thursday as follows:
Akamai Technologies Inc. (NASDAQ:AKAM) was raised to Overweight from Sector Weight with a 73 price target at KeyBanc Capital Markets.
Autodesk Inc. (NASDAQ:ADSK) was started as Overweight and assigned a 180 price target at Atlantic Equities.
Bank of America Corp. (NYSE:BAC) was raised to Buy from Neutral with a 32 target price at UBS. The 52-wk trading range is 22.66 – 33.05, and the consensus target price is at 33.87.
Canopy Growth Corp. (NYSE:CGC): Analysts started CGC as Overweight with a 40 target price at Piper Jaffray.
CIT Group Inc. (NYSE:CIT) was raised to Buy from Neutral at UBS. Shares have consensus price target of 54.15. The stock has a 52-wk trading range of 35.50 – 56.14.
Cleveland-Cliffs Inc. (NYSE:CLF) was started as Market Perform at Cowen. Shares trade a 52-wk range of 6.30 – 13.10. The consensus price target is at 12.56.
Colgate-Palmolive Co. (NYSE:CL) was raised to Buy from Neutral at Goldman Sachs. Shares have a consensus analyst target of 62.83. The 52-wk trading range is 57.41 – 77.91.
Deere & Co. (NYSE:DE): Analysts reiterated DE as Buy and the price target was raised to 170 from 166 at Argus, with the independent research firm seeing continued earnings power in the Quarters ahead.
Nike Inc. (NYSE:NKE) was raised to Buy from Hold at HSBC, but Robert W. Baird downgraded it to Neutral from Outperform.
Noble Energy Inc. (NYSE:NBL) was raised to Overweight from Equal Weight but the price target was lowered to 33 from 37 at Morgan Stanley.
Tilray Inc. (NASDAQ:TLRY) was started as Overweight and assigned a 90 target price at Piper Jaffray.