$AXP, $AAPL, $BKR, $PCG, $UPS, $VALE
Daily HeffX-LTN reviews dozens of Wall 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 the list for Wednesday, 4 March, as follows;
American Express Co. (NYSE:AXP) was raised to Buy from Hold at DZ Bank. Amex has a 139.57 consensus target price.
Apple Inc. (NASDAQ:AAPL) was reiterated as Buy with a 400 target price at Wedbush Securities. The firm noted that the coming 5G-cycle thesis remains very much intact, even as its supply chain recovery is the current front-and-center issue.
Baker Hughes Co. (NYSE:BKR) was maintained with a Buy rating but its target price was lowered to 26 from 30 at UBS
PG&E Corp. (NYSE:PCG) was maintained as Buy but its target price was lowered to 20.00 from 24.50 at Mizuho.
United Parcel Service Inc. (NYSE:UPS) was raised to Buy from Hold with a 119 target price at Deutsche Bank. UPS had a consensus target price of 121.91, and its 52-wk high at 125.31.
Vale S.A. (NYSE:VALE) was raised to Overweight from Equal Weight with a 13.50 target price at Morgan Stanley.