$GOOGL, $AMZN, $GS, $GRUB, $MWA, $RL, $RNG
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 Thursday, 6 February, as follows:
Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Buy and its target price was raised to 1,620 from 1,450 at Argus.
Amazon.com Inc. (NASDAQ:AMZN) was reiterated as Buy and the target price was raised to 2,400 from 2,200 at Citigroup. Amazon’s consensus target price has risen to 2,384.84 after strong earnings.
Goldman Sachs Group Inc. (NYSE:GS) was reiterated as Buy and the target price was raised to 290 from 255 at Citigroup. Goldman Sachs had a prior consensus target price at 266.20.
Grubhub Inc. (NYSE:GRUB) was reiterated as Buy and its target price was raised to 63 from 42 at Benchmark.. Its consensus target price was at 46.76.
Mueller Water Products Inc. (NYSE:MWA) was reiterated as Buy with a 13 target price at Janney.
Ralph Lauren Corp. (NYSE: RL): Merrill Lynch raised its rating to Neutral from Underperform, and Citigroup raised its target to 125 from 115 while maintaining its Neutral rating.
RingCentral Inc. (NYSE: RNG) was reiterated as Buy and its price objective was raised to 237 from 198 at Merrill Lynch.
Tesla Inc. (NASDAQ:TSLA) was downgraded to Hold from Buy at Canaccord Genuity.