$GOOGL, $AMZN, $AAPL, $BA, $CMG
Below is a list of Wall Street’s Top analysts outlook for Key issues for Monday, as follows:
Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Outperform and the price target was raised to 1,340 from 1,180 at Oppenheimer. Some firms raised their targets and others lowered them. Targets raised Credit Suisse to 1,400 from 1,350, JPMorgan to 1,330 from 1,200, and Raymond James to 1,300 from 1,200. Target prices were lowered in other firms: Deutsche Bank to 1,375 from 1,400, Morgan Stanley to 1,200 from 1,215.
Amazon.com Inc. (NASDAQ:AMZN) Amazon was reiterated as Outperform and the price target was raised to 1,650 from 1,450 at Oppenheimer. Other Key price target hikes were seen from Merrill Lynch Citi, Cowen, Deutsche Bank, Jefferies, JPMorgan, Morgan Stanley, Wedbush, and more.
Apple Inc. (NASDAQ:AAPL)Bernstein downgraded its rating to Market Perform from Outperform and the price target was cut to 170 from 195. Apple was downgraded to Sector Weight from Overweight at KeyBanc Capital Markets. Barclays also lowered its target to 170 from 174. Citigroup added Apple to its Focus List.
Boeing Co. (NYSE:BA) Bernstein raised its target to 422 from 402.
Chipotle Mexican Grill Inc. (NYSE:CMG) was reiterated as Neutral with a 310 price target at Wedbush Securities. The firm sees same-store sales growth in line with expectations but continues to see Y 2018 earnings under consensus even after lowering the tax rate.Chipotle has a 52-wk trading range of 263.00 to 499.00, and it had a consensus analyst price target at 328.04
Have a terrific week.
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