Analysts Weigh In Bullishly on LULU, SWK, SHW Stocks

LULU has received several bull notes in recent months

Dec 17, 2018 at 10:53 AM
facebook X logo linkedin


Taking a quick look at some bullish analyst attention across Wall Street this morning, three stocks in focus are Lululemon Athletica Inc. (NASDAQ:LULU), Stanley Black & Decker, Inc. (NYSE:SWK), and Sherwin-Williams Co (NYSE:SHW). For LULU shares, Stifel became the latest brokerage firm to weigh in bullishly, upgrading its rating to "buy" from "hold" and maintaining its $151 price target. 

Looking at the charts, LULU stock was last seen up 1.4% at $120.81. The shares hit an all-time high of $164.79 back on Oct. 1, and sport a year-to-date lead of more than 51%. Meanwhile, 17 of 26 brokerage firms say to buy the security.

For SWK stock, Deutsche Bank lifted its outlook to "buy" from "hold" and moved its price target up to $143 from $136. The bull note has helped Stanley Black & Decker gain 1.5% on the day to trade at $120, overshadowing a price-target cut to $145 from $152 at Barclays. It's been a rough year for the equity, however, as it's dropped nearly 30% in 2018. Still, most covering brokerage firms share Deutsche Bank's upbeat view, with 13 of 16 handing out "buy" or "strong buy" recommendations.

SHW shares are modestly higher this morning, last seen up 0.5% to trade at $387.81, after J.P. Morgan Securities upgraded the stock to "overweight" from "neutral" and boosted its price target to $415 from $380. Longer term, the security has a year-to-date deficit of 5.6%, with the 50-day moving average acting as resistance in recent months. As for the sentiment among the broader analyst community, there's a majority of "buy" or better ratings, though there are also eight "hold" recommendations, as well.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI