3 Stocks to Buy, 2 to Sell: ADSK, JPM, NFLX, FLEX, GS

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Autodesk Inc. (NASDAQ:ADSK): The company stock is currently trading at $38.87, down 0.31 percent from its previous close of $38.99. Autodesk received analyst upgrade from Goldman Sachs.

The stock is now rated Buy, up from its previous rating of Sell. Its price target has also been raised from $25 to $45. Similarly, RBC Capital also improved the rating from Sector Perform to Outperform. Its new price target is $50, up from $33. The stock had opened at $39.11 and has traded in the range of $38.77 and $39.21 in the current trading session. It has traded 423k shares as of now. Autodesk’s commands market capitalization of $8.72 billion and its Price Earnings ratio is 36.60. According to Goldman Sachs the company improved its execution process. It is also likely to benefit from improvement in US and Chinese market.

JPMorgan Chase & Co. (NYSE:JPM): Deutsche Bank rates JPMorgan as Buy, up from its previous rating of Hold. The stock is trading 1.10 percent lower, at $46.64. It has 15 percent upside as its new price target has been set at $53. The stock’s earlier price target was at $48. The company has traded 5.674 million shares in the current trading sessions so far and its stock has traded in the range of $30.83 and $47.16 in the past 52 weeks. The company stock’s beta is 1.66, while its P/E ratio stands at 8.96. It had reported its latest Earnings per Share at $5.20. JPMorgan Chase offers financial and banking services. Deutsche Bank analyst wrote in its stock research report, “We think JPM is the best-positioned market-sensitive bank for a pickup in consumer loan growth.” The bank reported $21.3 billion in net income for its previous financial year.

Netflix Inc. (NASDAQ:NFLX): The stock has been upgraded by several rating agencies, following its strong quarterly results. Raymond James upgraded the stock from Underperform to Market Perform. Similarly, Macquarie’s new rating for the stock is at Neutral, up from Underperform. Its new price target by Lazard Capital Markets has been set at $200, while its rating has been upgraded from Neutral to Buy. The stock is trading at $172.98, 2.02 percent higher than its previous close. It has traded in the range of $168.85 and $177.25 in the current trading session.  It has traded 6.385 million shares so far, in comparison to its daily average trading volume of 4.872 million shares. The stock has traded in the range of $52.81 and $172.68 in the past 52 weeks. The company stock trades at Price Earnings ratio of 594 and its beta is at 0.68. JPMorgan Chase also upgraded the rating for the stock from Neutral to Overweight. It has also increased the price target from $88 to $180.

Flextronics International Ltd. (NASDAQ:FLEX): Its stock traded in the range of $6.30 and $6.45 in the current trading session and at this point is at $6.30, down 2.17 percent.  The stock has been downgraded despite posting good Q3 results. Flextronics International is now rated Neutral by Longbow Research, down from Buy. Similarly, UBS AG has also downgraded the stock from Buy to Neutral. UBS also lowered the price target for the stock to $7.00, from previous price target of $8.00. The stock’s highest price point of 52 weeks stands at $7.49 while its lowest price point is at $5.47. Flextronics stock is trading at Price Earnings ratio of 9.78 and its beta is 1.8. The company reported its adjusted EPS for the third quarter at 22 cents per share. The company expects its fourth quarter’s adjusted earnings in the range of 11 to 15 cents per share.

Goldman Sachs Group (NYSE:GS): Citigroup downgraded the stock to Neutral, down from its previous rating of Buy. It is currently trading at $144.34, down 0.08 percent. It is trading in the range of $143.70 and $145.25 in the current trading session.  The stock’s price target has been moved from $150 to $140. The stock is higher than its 20 days moving average price of $144.23 but below 50 days moving average price of $144.54. In the past 52 weeks, the stock’s price range has been $90.43 and $146.74. The stock’s beta is 1.6 and its Price Earnings ratio is 10.20. Goldman Sachs commands market capitalization of $70.08 billion. Goldman Sachs has also been downgraded from Buy to Hold by Deutsche Bank.




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