$CSCO, $NOV, $PG, $TGT
Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid Friday.
Cisco Systems Inc. (NASDAQ:CSCO) analysts maintained as Neutral with a $35 price objective at Merrill Lynch. Cowen has an Outperform rating but lowered its target to 38 from 39, and JPMorgan has a Neutral rating and cut its target to 31.50 from 33. Cisco’s 52-wk trading range is 29.12 – 34.60, and the consensus target price is 35.77.
National Oilwell Varco Inc. (NYSE:NOV) was raised to Buy from Hold with a 40 price target at Loop Capital. Shares closed down 1.5% at $29.94 and hit a 52-wk low with a weak sector performance on Wednesday. The 52-wk trading range is 29.90 – 43.63, and the consensus price target is 34.93.
Procter & Gamble Co. (NYSE:PG) was reiterated as Buy with a 103 price target at Jefferies. It has a 52-wk trading range of 81.18 – 92.95, and that 52-wk high was just hit the prior day. It also has a consensus analyst target of 93.11.
Target Corp. (NYSE:TGT) was raised to Buy from Neutral with a 69 price target at MKM Partners. Target shares closed up 3.6% at 56.31 after earnings, in a 52-wk trading range of 48.56 – 79.33. Target’s consensus analyst target price was last seen at 58.91.
Have a terrific weekend.