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 our list for Wednesday, 22 April, as follows:
Lyft Inc. (NASDAQ:LYFT) was started with a Buy rating and a 39 target price at Argus.
National Beverage Corp. (NASDAQ:FIZZ): The LaCroix bubble popped, but looks to make a sparkling comeback. Shares most recently closed at 49.57 and have a consensus price target of 38.00.
Royal Bank of Scotland Group PLC (NYSE:RBS) was raised to Buy from Neutral at UBS, but the firm did lower its price target. The American depositary shares closed at $2.57 Tuesday.
Qurate Retail Inc. (NASDAQ:QRTEA) was downgraded to Neutral from Buy and its price target was lowered to 9 from 10 at UBS.
Stitch Fix Inc. (NASDAQ:SFIX) was maintained as Buy but its price target was cut to 22 from 27 at SunTrust Robinson Humphrey, with COVID-19 fears hurting the need to order nicer clothes and with so many people now unemployed.
Truist Financial Corp. (NYSE:TFC) was maintained as Buy but its price target was cut to 45 from 65 at Argus, with the independent research firm noting that merger benefits and Northside remain in place even if it does have to lower earnings expectations.
Williams Companies Inc. (NYSE:WMB) was raised to Buy from Neutral with a 23 price target at Goldman Sachs.
Zions Bancorp. (NASDAQ: ZION) was maintained as Buy but the price target was pared to 34 from $40 at SunTrust Robinson Humphrey.
Have a healthy day, Keep the Faith!