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 Monday, 16 March, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD):Northland Capital raised its rating on AMD to Outperform from Market Perform and hiked its target to 52.50 from 45.00, despite trimming earnings estimates, along with seeing game console demand and data-center demand remaining high
Apple Inc. (NASDAQ:AAPL): Wells Fargo upgraded Apple to Overweight from Equal Weight and noted that the 24% drop in the past month is attractive, despite not being able to gauge the full impact from the coronavirus
BlackRock Inc. (NYSE:BLK) was maintained as Buy but the target price was cut to 510 from 600 at Citigroup. It recently had a 552.07 consensus target price.
Caterpillar Inc. (NYSE:CAT) was maintained as Buy but its target price was lowered to 130 from 150 at Citigroup.
Deere & Co. (NYSE:DE) was maintained as Buy but its target price was lowered to 165 from 190 at Citigroup.
Dollar General Corp. (NYSE:DG) was maintained as Strong Buy but the target price was lowered to 165 from 185 at Raymond James.
Morgan Stanley (NYSE:MS) was raised to Buy from Neutral but the target price was cut to 43 from 52 at Goldman Sachs. Morgan Stanley has a consensus target price at 58.43.
World Wrestling Entertainment Inc. (NYSE:WWE) was maintained as Buy but its target price was lowered to 45 from 55 at Needham.
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