Benzinga's Top Analyst Calls From May 1, 2018

• McDonald's Corp MCD - Cowen raises price target from $190 to $195 as firm has confidence in the company’s domestic comp estimates due to a revamping and repricing of the breakfast menu, new national ad campaign and store remodeling program focused on digital.
• Allergan PLC AGN - Deutsche Bank continues to like the company’s setup in the event of possible pipeline news, but the company’s strong Q1 results were overshadowed by the ongoing strategic review which didn’t provide specifics on strategy or timing.
• Electronic Arts Inc EA, Activision Blizzard Inc ATVI, Take-Two Interactive Software Inc TTWO - KeyBanc recommends buying in a morning note, as these companies operate in an industry with ‘multiple layers of secular tailwinds’; EA is least exposed to Fortnite risk.
• Citrix Systems, Inc. CTXS - Goldman Sachs adds Citrix to its Conviction List, maintains a Buy rating and raises price target from $117 to $122 based on an updated analysis of the company's "CSS maintenance pricing uplift and transition to a more ratable revenue model through Citrix Cloud."
• Saia Inc SAIA - Stifel upgrades Saia from Hold to Buy and lowers the price target from $83 to $78 following forecast-beating Q1 results; Says the company is growing yields faster than competition, yields reflect a strong pricing environment.
• Facebook Inc FB - Wedbush adds Facebook to Best Ideas list, believes the company will weather recent Cambridge Analytica breach controversy and invest in various initiatives to generate 'substantial' EBITDA growth in the future.

See Also:

Benzinga’s Top Upgrades, Downgrades For April 25, 2018

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