$ALE, $APA, $COMM, $DHR, $SNE
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, 9 January, as follows:
Allete Inc. (NYSE:ALE) was raised to Buy rating Neutral at Guggenheim. The 52-wk trading range for the shares has been 72.50 – 88.60, and the consensus price objective is 84.80. The stock closed Wednesday at 80.23.
Apache Corp. (NYSE:APA) was raised to Buy from Hold with a 39 price objective at Stifel. The consensus target for the exploration and production giant is 27.25. The shares closed Wednesday at 32.73, up a stunning 27% after the company reported a large South American Crude Oil discovery.
CommScope Holding Co. Inc. (NASDAQ:COMM) was raised from Neutral to Buy at Merrill Lynch. The 52-wk trading range is 9.52 – 27. The consensus price target is 18.07. The last trade on Wednesday was reported at 14.11.
Danaher Corp. (NYSE:DHR) was started with an Overweight rating and a 170 price target at Wells Fargo. The consensus price target is 160.40, and Wednesday’s last trade came in at 156.29.
Sony Corp. (NYSE:SNE) is making a name for itself as a cheap tech and gaming company and the outlook is Bullish. Shares most recently closed at 70.46, with a consensus price target of 73.90.