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, 3 January, as follows:
Advanced Micro Devices Inc. (NASDAQ:AMD) was reiterated as Buy and its target price was raised to 58 from 40 at Nomura/Instinet. AMD closed 2019 out at 45.86, and its consensus target price was 37.77.
Applied Materials Inc. (NASDAQ:AMAT) was reiterated as Buy and its target price was raised to 75 from 68 at Nomura/Instinet. It closed Y 2019 at 61.04 a share, and its consensus target price is at 67.52.
Baxter International Inc. (NYSE:BAX) was raised to Outperform from In-Line at Evercore ISI Group.
BlackRock Inc. (NYSE:BLK) was raised to Overweight from Equal Weight with a 575 target price at Wells Fargo, although other asset managers saw downgrades in the call.
Medtronic PLC (NYSE:MDT) was raised to Buy from Neutral with a 135 target price at Guggenheim. The consensus target price is $122.55.
Progressive Corp. (NYSE:PGR) was raised to Buy from Hold with an $84 target price at Deutsche Bank.
Wintrust Financial Corp. (NASDAQ:WTFC) was reiterated as Outperform with an 80 target price at Wedbush Securities.
Have a terrific weekend