Market Overview

Benzinga's Top Analyst Calls From April 13, 2018

Share:
  • KeyBanc initiates coverage on PagSeguro Digital Ltd (NYSE: PAGS) with Overweight rating and $24 price target; Says a transparent, feature-rich brand and a low-cost business model give co. a strong position in Brazil’s digital payment space.
  • Cowen downgrades Starbucks Corporation (NASDAQ: SBUX)from Outperform to Market Perform, lowers price target from $68 to $65; Says low gift card activation could signify diminishing success, craft coffee shop growth could impact same-store sales.
  • Morgan Stanley upgrades HollyFrontier Corp (NYSE: HFC) from Underweight to Equal-Weight, raises price target from $48 to $60 on projections of elevated inventories and likelihood of higher demand due to summer driving season.
  • Chardan downgrades Assembly Biosciences Inc (NASDAQ: ASMB) from Buy to Neutral but raises price target from $35 to $50; Acknowledges positive Hep B antiviral data, but says co. is undifferentiated from highly capitalized competitor Johnson & Johnson (NYSE: JNJ)
  • BMO upgrades Eli Lilly And Co (NYSE: LLY) from Underperform to Market Perform, says previous concerns over Humalog, Vernezio and Bari are priced in. Says risk/reward is more balanced going forward, though 2018 should continue to be volatile for stock.
  • Buckingham Research reiterates Buy rating on LPMorgan Chase & Co. (NYSE: JPM), sees upside from market share gains across all business, higher rates and recovery capital markets activity levels.
  • KeyBanc lowers price target on Fastenal Company (NYSE: FAST) as combination of high expectations and margin concerns stemming from product/customer mix and timing of price actions presents near-term concerns.

See Also:

Benzinga's Top Upgrades, Downgrades For April 13, 2018

Benzinga Pro's 5 Stocks To Watch Today

Posted-In: Analyst Color Price Target Analyst Ratings

 

Related Articles (FAST + ASMB)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
SKXMaintains44.0
HYMaintains66.0
MSFTMaintains160.0
SKXUpgrades
WLTWMaintains208.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Analyst Says SNAP Benefits Are Safe, Despite New House Bill

Next Week's Round Of Bank Earnings Includes Bank Of America, Goldman Sachs And Morgan Stanley