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 Friday, 17 January, as follows:
Barrick Gold Corp. (NYSE:ABX) was raised to Outperform from Neutral with a 22 target price at Credit Suisse. The stock had a prior 20.64 consensus target price, and the 52-wk trading range is 11.52 – 20.07.
BlackRock Inc. (NYSE:BLK), which just made a major commitment to ESG and sustainable investing, rose 2.3% at 530.26 after earnings and as assets under management reached $7-T. Citigroup reiterated its Buy rating and raised the target price to 600 from 580.
Columbia Sportswear Co. (NASDAQ:COLM) was maintained as Outperform at Wedbush Securities, but the firm cut its target price to 112 from 126 and removed the apparel maker from the Best Ideas List ahead of its earnings results, which are due on 6 February.
Comcast Corp. (NASDAQ:CMCSA) was reiterated as Overweight and the target price was raised to 51 from 50 at Wells Fargo.
Digital Realty Trust Inc. (NYSE:DLR) was raised to Buy from Hold and its target price was raised to 141 from 132 at Jefferies. The data center-operating REIT was indicated up 1.6% at 123.00 Thursday, and its consensus target price was 134.12 ahead of the call.
Microsoft Corp. (NASDAQ:MSFT) was reiterated as Overweight and the target price was raised to 185 from 180 at Wells Fargo.
Tesla Inc. (NASDAQ:TSLA) was downgraded to Underweight from Equal Weight, but the target price was raised to 350 from 250 at Morgan Stanley, with the firm noting the run-up has been unsustainable and that it has risks to its China business in the long run.
Have a terrific weekend