$FCX, $NOC, $SFIX, $VZ
Below is a list of Wall Street’s Top analysts outlook for Key issues for Wednesday, as follows:
Freeport-McMoRan Inc. (NYSE:FCX) analysts raised to Equal Weight from Underweight and the price target was raised to 14 from 10 at Morgan Stanley. Freeport-McMoRan has a 52-wk trading range of 11.05 – 17.06 and a consensus analyst target price of 16.56.
Northrop Grumman Corp. (NYSE:NOC) was raised to Overweight from Neutral and the price target was raised to 355 from $317 at JPMorgan. Northrop Grumman has a 52-wk trading range of 223.88 – 309.76, and it had a consensus price target at 324.13.
Stitch Fix Inc. (NASDAQ:SFIX) quiet period ended, so analysts from the underwriting syndicate firms are initiating coverage. It was started as Overweight with a 29 target at Piper Jaffray, and RBC started it as Outperform with a 29 target. Barclays started it as Neutral with a 26 price target, while JPMorgan started it as Neutral with a 25 price target. Stitch Fix has a post-IPO trading range of 14.48 to 25.38, and its shares were at 23.54 at the close Tuesday.
Verizon Communications Inc. (NYSE:VZ) was raised to Buy from Neutral and the price target was raised to 61 from 47 at Instinet. Shares trading in a 52-wk range of 42.80 – 54.83 and with a consensus target price of 50.83.
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