$NBL, $ON, $PANW, $TWTR
Below is a list of Wall Street’s Top analysts outlook for Key issues for Wednesday, as follows:
Noble Energy Inc. (NYSE:NBL) was raised to Market Perform from Underperform at Bernstein. The 52-wk trading range for the Oil field services company is 22.99 – 37.67. The consensus price objective is set at 42.26.
On Semiconductor Corp. (NASDAQ:ON) saw its price target raised to 31 from 28 at Craig Hallum. The analysts noted in the call that ON is the leading supplier of imaging solutions for ADAS/autonomous driving and continues to invest heavily to sustain that lead. The Wall Street consensus price target is 26.26, and the 52-wk trading range is 13.65 – 27.10.
Palo Alto Networks Inc. (NASDAQ:PANW) saw its price target raised to 222 from 220 at BMO Capital Markets, as the company posted solid numbers and announced a change in its CEO. Both Jefferies and JPMorgan raised their price targets on the security software leader to 239. These new targets compare with the current consensus figure of 205.09.
Twitter Inc. (NASDAQ:TWTR) saw it price target raised to 45 from 40 at Cascend Securities. That compares with the consensus target of 31. Twitter will be replacing Monsanto in the S&P 500 index. The 52-wk trading range is 15.67 – 37.49, and the consensus price target is 31. The stock closed Tuesday at 39.80.