Tue, Aug 26, 2014 11:21 AM EDT 1:00
In Tuesday's Analysts' Actions, MKM initiates Goldman Sachs, Jarden is started at 'buy' by Deutsche Bank and Barclays raises SM Energy's price target. Goldman Sachs (GS) is now being covered at MKM Partners with a 'Buy' rating. The analysts there say the strong rating is because they believe Goldman can post a return on equity expansion. $213 dollars is the price target set for the stock. Deutsche Bank (DB) initiated Jarden (JAH) with a 'Buy' rating and a $70 price target. Deutsche thinks the global consumer products company has growth potential across its varied portfolio. Analysts at Barclays raised their price target for SM Energy (SM) to $106 from $96. That's a potential upside of more than 26 percent from where the company is currently trading. The firm believes SM Energy's recent acquisition of a shale operation will lead to better returns.