Benzinga's Top Analyst Calls From April 20, 2018
Stifel sees possible takeout price for Pinnacle Foods Inc (NYSE: PF) in the mid- to upper-$70 range, suggesting potential upside of ~30 percent from pre-market price.
BMO upgrades Macerich Co (NYSE: MAC) from Neutral to Buy, sees potential inflection point for fundamentals in 2018/2019, further supporting a recovery in shares.
Imperial Capital maintains Outperform rating and $19 price target on Gulfport Energy Corp (NASDAQ: GPOR) as co. continues to shift to cash flow positive operations and eyes its share repurchase program.
BMO raises W.W. Grainger (NYSE: GWW) price target from $247 to $255; “WW's sales trends are positive, mix is better and restructuring savings and execution provided operating leverage we did not expect," firm says, but believes co. is still overvalued.
Credit Suisse maintains Outperform rating on Amazon.com, Inc. (NASDAQ: AMZN) and raises price target from $1,750 to $1,800, says the company is well-positioned to capture the next wave of retail dollars that are moving from offline to online.
Stifel lowers Philip Morris International Inc. (NYSE: PM) price target from $125 to $100 after mixed earnings, but maintains Buy rating; “We continue to believe in iQOS and its power to reshape this company.”
Canaccord raises Atlassian Corporation PLC (NASDAQ: TEAM) price target from $60 to $65; "We continue to believe Atlassian is a best-in-class outfit, and we heard nothing last night that shakes our conviction in this story."
See Also:
Benzinga's Top Upgrades, Downgrades For April 20, 2018
Benzinga Pro's 5 Stocks To watch Today
See more from Benzinga
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
