$ARGX, $CAT, $HELE, $PSX, $PINS, $SLF, $YUM, $WY
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, 21 January, as follows:
Argenx S.E. (NASDAQ:ARGX) was reiterated as Outperform with a 184 target price at Wedbush Securities. The firm’s call is a supportive one after its details have emerged on its pivotal Phase 3 ADAPT study for myasthenia gravis was shown to mostly conform to its own expectations for a successful Top-line readout in the middle of Y 2020.
Caterpillar Inc. (NYSE:CAT) was reiterated as Buy and its target price was raised up to 170 from 145 at Citigroup. Caterpillar has a consensus target price of 146.27.
Helen of Troy Ltd. (NASDAQ:HELE): this consumer products company has 1 of the hottest brands on the market. Shares most recently closed at 183.45, with a consensus price target of 223.25. It was Zack’s Bull pick Friday
Phillips 66 (NYSE:PSX) was maintained as Buy but the target price was lowered to 228 from 135 at Citigroup.
Pinterest Inc. (NYSE: PINS) was raised to Overweight from Equal Weight and the target price was raised to 30 from 28 at Wells Fargo. Pinterest had a consensus target price of 26.31 ahead of the call.
Sun Life Financial Inc. (NYSE:SLF) was reiterated as Buy and the target price was raised to 53 from 48 at Argus, with the independent research firm noting several small acquisitions should help boost earnings on top of already reporting solid earnings.
Yum! Brands Inc. (NYSE:YUM) was raised to Overweight from Equal Weight and the target price was raised to 118 from 113 at Morgan Stanley.
Weyerhaeuser Co. (NYSE:WY) was reiterated as Buy and the target price was raised to 35 from 33 at Citigroup.
Have a terrific week