Two tech stocks were among the names being talked about by analysts on Monday.
Citi named Micron Technology a top pick ahead of the company's earnings report this week. Meanwhile, Goldman Sachs initiated coverage of IBM with a buy rating. Check out the latest calls and chatter below. All times ET. 6:18 a.m.: Morgan Stanley lists UnitedHealth as a top pick UnitedHealth is Morgan Stanley's latest top stock pick. Analyst Erin Wright stood by her overweight rating on the health insurance stock, reiterating her $595 price target.
This would represent a 30% upside for the stock. Analyst Sanjeet Aujla cited an inflection point in growth, margins and cash returns as a catalyst. "Over the next 12m, ABI is at the cusp of delivering the ideal consumer staples growth profile, which it has never consistently achieved since pre-2008; namely consistent volume growth , whilst pricing in line with inflation, with margin expansion, strong cash conversion, and ND/EBITDA < 3x," he wrote.
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