$BLDR, $DPZ, $NEM, $PDX, $SQ, $TJX, $UTX
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 Tuesday, 25 February, as follows;
Builders FirstSource Inc. (NASDAQ:BLDR) was raised to Buy from Hold with a 32 target price at Benchmark. It has a 28.45 analyst target.
Domino’s Pizza Inc. (NYSE:DPZ) was downgraded to Market Perform from Outperform but its target price was raised to 380 from 325 at Cowen.
Newmont Corp. (NYSE:NEM) was raised to Outperform from Neutral with a 58 target price at CIBC. The stock finished +0.82 at 50.26 Monday, as gold is higher on the flight to safety trade.
Pioneer Natural Resources Co. (NYSE:PXD) was reiterated as Overweight and its target price was raised to 197 from 183 at Morgan Stanley.
Square Inc. (NYSE:SQ) was reiterated as Outperform with an 84 target price at Credit Suisse, but this share price is after a 36% gainer over the past 100 days or so, and the firm remained positive on its growth.
TJX Companies Inc. (NYSE:TJX) was reiterated as Buy and its target was raised to 69 from 66 at Deutsche Bank. The stock has a 65.85 consensus target price.
United Technologies Corp. (NYSE:UTX) was maintained as Outperform but the target price was lowered to 172 from 177 at Credit Suisse. The move is an update to its EV/EBITDA model based on the Otis and Carrier sum-of-parts.