$SAM, $HSBC, $IMAB, $RNG, $RBS, $CRM
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 Wednesday, 12 February, as follows:
Boston Beer Co. (NYSE:SAM) was upgraded to Outperform from Neutral and the target price was raised to $525 from $400 at Credit Suisse. Shares closed up almost 3% at $373.86 ahead of the call, with a $401.00 consensus target price.
HSBC Holdings PLC (NYSE:HSBC) was raised to Outperform from Neutral at Credit Suisse.
I-MAB (NASDAQ:IMAB) was started with a Buy rating and a $16 target price at Jefferies.
RingCentral Inc. (NYSE:RNG) Raymond James reiterated its Strong Buy rating and raised the target price to 250 from 195, and Morgan Stanley reiterated it as Equal Weight and raised its target to 205 from 195.
Royal Bank of Scotland Group PLC (NYSE:RBS) was started with an Outperform rating at Credit Suisse.
Salesforce.com Inc. (NYSE:CRM) was reiterated as Overweight and the target price was raised to 225 from 215 at Morgan Stanley. Shares have a consensus target price of 198.33.
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