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, 11 March, as follows:
American Electric Power Co. Inc. (NYSE:AEP) was raised to Overweight from Equal Weight but the target price was lowered to 102 from 110 at Morgan Stanley.
Apple Inc. (NASDAQ:AAPL) was maintained as Buy but the target price was pared to 335 from $355 at UBS. The firm was among the 1st of the larger brokerages to trim its target price after the sell-off, and more calls like this probably should be expected.
Dollar Tree Inc. (NASDAQ:DLTR): UBS maintained its Buy rating but lowered its target price to 98 from 108.
Hartford Financial Services Group Inc. (NYSE:HIG) was started with a Buy rating and a 56 target price at Janney.
Qualcomm Inc. (NASDAQ:QCOM) was started with a Buy rating and a 98 target price at Nomura/Instinet.
Six Flags Entertainment Corp. (NYSE:SIX) was maintained with a Buy rating but its target price was lowered to 28 from 38 at B. Riley FBR.
United Parcel Service Inc. (NYSE:UPS): Stifel raised it to Buy from Hold but lowered its target price to 104 from 118.
Wendy’s Co. (NASDAQ:WEN) was started as Overweight with a 29 target price at Stephens.