With the trading day more than halfway over, the broad markets were trading into the weekend with a slight gain. The S&P 500 is continuing its streak of all-time highs, hitting yet another in Friday’s session. The Nasdaq was relatively flat, while the Dow Jones industrial average was keeping pace with the S&P 500.
24/7 Wall St. is looking at some big analyst calls that we have seen so far on Friday. We have included the latest analyst call on each stock, as well as a recent trading history and the consensus targets among analysts.
For those that might have missed it, 24/7 Wall St. had an earlier round of analyst calls on Friday that included Carnival, Honeywell, Northrop Grumman and more.
Cleveland-Cliffs Inc. (NYSE: CLF) was started at Goldman Sachs with a Neutral rating and a $20 price target. Shares traded near $18 on Friday. The 52-week trading range is $3.30 to $20.87. The consensus price target is $20.18.
Credit Suisse Group A.G. (NYSE: CS) was downgraded at Morgan Stanley to Equal Weight from Overweight. The stock traded at roughly $11 on Friday, in a 52-week range of $7.33 to $14.95. It has a consensus price target of $10.56.
Delta Air Lines Inc. (NYSE: DAL) was reiterated as Market Perform but its price target was raised to $53 from $44 at Cowen. The stock traded near $49 on Friday, in a 52-week range of $17.51 to $52.28. The consensus analyst target is $52.24.
Denny’s Corp. (NASDAQ: DENN) was started as Sector Weight at KeyBanc Capital Markets. The stock traded around $18 on Friday. The 52-week trading range is $7.86 to $20.02. Its consensus analyst target is $18.56.
Harley-Davidson Inc. (NYSE: HOG) was upgraded to Buy from Neutral with a $49 price target at Northcoast. The stock traded near $43 on Friday. The 52-week trading range is $17.34 to $43.47. The consensus price target is $38.38.
Levi Strauss & Co. (NYSE: LEVI) was reiterated at Telsey Advisory as Outperform and its price target was raised to $32 from $27. Shares traded around $26 on Friday, in the 52-week range of $11.13 to $27.30. The consensus price target is $26.00.
Lockheed Martin Corp. (NYSE: LMT) was resumed at Wolfe Research with a Peer Perform rating. The consensus price target is $411.29. Shares traded around $386 on Friday, in the 52-week range of $319.81 to $417.62.
Raytheon Technologies Corp. (NYSE: RTX) was started at Wolfe Research with an Outperform rating and a $97 price target. The stock traded around $78 on Friday. The 52-week trading range is $51.13 to $80.06. Its consensus analyst target is $85.35.
Synchrony Financial (NYSE: SYF) was started as Outperform with a $49 price target at Evercore ISI. The stock traded near $43 on Friday. The 52-week trading range is $14.02 to $43.61. The consensus price target is $48.37.
Thought the sector that has lagged over the past year, Jefferies favors these five top aerospace and defense stocks going into the second quarter and for the rest of the year. Meanwhile, Goldman Sachs sees winners and losers in the U.S. steel industry and BofA Securities has resumed coverage of six hot software stocks that have a significant presence in enterprises large and small.