Schaeffer's Top Stock Picks for '25

Analyst Upgrades: TransEnterix, Inc., Ollie's Bargain Outlet Holdings Inc, and Bed Bath & Beyond Inc.

Analysts upwardly revised their ratings and price targets on TransEnterix, Inc. (NYSEMKT:TRXC), Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI), and Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Apr 7, 2016 at 9:18 AM
facebook X logo linkedin


Analysts are weighing in on medical device stock TransEnterix, Inc. (NYSEMKT:TRXC), as well as retailers Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) and Bed Bath & Beyond Inc. (NASDAQ:BBBY). Here's a quick roundup of today's bullish brokerage notes on TRXC, OLLI, and BBBY.
 
  • TRXC is set to add another 3.4% this morning, as excitement builds ahead of a key Food and Drug Administration (FDA) decision. The stock has added over 30% this week, closing Wednesday at $5.69 after tapping an annual high of $6.10. With bulls rushing into TransEnterix, Inc.'s options pits, analysts are also getting in on the action. Lake Street this morning reiterated its "buy" opinion on the shares, along with a $7 price target. However, this is just more of the same from Wall Street, where every single brokerage tracking TRXC recommends buying it. 
  • OLLI is pointed almost 10% higher in electronic trading, thanks to better-than-expected fiscal fourth-quarter earnings. The stock has already outpaced the S&P 500 Index (SPX) by nearly 16 percentage points in the past three months to trade at $22.70, but analysts are still expecting more. Just this morning, Piper Jaffray upped its rating on Ollie's Bargain Outlet Holdings Inc to "overweight," with a price-target hike to $28. No fewer than three other analysts also raised their price targets, which may have short sellers scared. More than one-fourth of OLLI's float is sold short, accounting for 12 sessions' worth of trading, at the stock's typical daily volume.  
  • BBBY is eyeing a 2.6% pop when the market opens, after the company beat the Street's expectations in the earnings confessional and announced a new quarterly dividend. Goldman Sachs and Baird raised their respective price targets on Bed Bath & Beyond Inc. to $52 and $51, and there's a good chance the stock could receive more bullish attention in the near term. Specifically, just one of the 17 brokerages tracking BBBY recommends buying it. And at their Wednesday close of $48.81, the shares are up more than 18% since hitting a five-year low of $41.26 in early February. 
Sign up now for Schaeffer's Opening View newsletter to get a head start on all the major pre-market news!
 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter