$AWK, $AAPL, $HXL, $MSFT, $HBAC, $WEC, $WWD
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, 14 January, as follows:
American Water Works Co. Inc. (NYSE:AWK) was maintained as Underperform but the price objective was raised to 128 from 125 at Merrill Lynch. Shares had a consensus target price of 126.91.
Apple Inc. (NASDAQ:AAPL) was reiterated as Buy and its target price was raised to 375 from 300 at DA Davidson.
Hexcel Corp. (NYSE:HXL) was raised to Outperform from Neutral at Credit Suisse after evaluating its Woodward Inc. (NYSEWWD) merger, with Woodward shares also raised to Outperform and with a 145 target price.
Microsoft Corp. (NASDAQ:MSFT) was reiterated as Outperform and the target price was raised to 180 from 155 at Credit Suisse. The firm sees Microsoft on a path to having a 100-B commercial cloud operation with market share gains, and the firm even set a blue-sky valuation scenario of 200 if it outperforms the strong expectations.
SBA Communications Corp. (NASDAQ:SBAC) was raised to Buy from Neutral and the target price was raised to 280 from 214 at Goldman Sachs.
WEC Energy Group Inc. (NYSE:WEC) was maintained as Buy and the target price was lowered to 102 from 105 at Argus.