Benzinga's Top Analyst Calls From April 18, 2018
Piper Jaffray reiterates eBay (NASDAQ: EBAY) Overweight rating and $89 price target following news of Amazon partnership; Says it's a very smart win-win relationship and believes it will be a revenue driver for 2nd half 2018 and 2019.
Canaccord out positive on Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS); Says the Gremlins contract is a net positive and a significant step in tactical opportunity visibility for the company.
Piper Jaffray reiterates Wayfair Inc. (NYSE: W) Overweight rating and $92 price target following announcement of Way Day; Says timing of the retail holiday is ideal and should be able to showcase 'best-in-class' logistics; believes Way Day should provide a revenue lift for Q2.
Morgan Stanley downgrades Zillow Group Inc (NASDAQ: Z) from Overweight to Equal-Weight and lowers price target from from $55 to $50; Says home-flipping business comes with multiple "unanswered questions" that could impact current expectations.
Imperial Capital maintains Outperform rating and one-year price target of $20 on Ring Energy, Inc. (NYSE: REI); Says 12 percent sequential growth is consistent with co.’s double-digit growth expectations.
Bank Of America raises Merck & Co. (NYSE: MRK) price target from $68 to $70, lowers Bristol-Myers Squibb Company (NYSE: BMY) price target from $68 to $61; Says, "Based on data presentations at yesterday's AACR meeting, we view MRK as the clear immuno-oncology leader in lung cancer."
See Also:
Benzinga Pro's 5 Stocks To Watch Today
Benzinga's Top Upgrades, Downgrades For April 18, 2018
See more from Benzinga
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
