Reiteration

UPDATE: DA Davidson Reiterates Buy Rating on Mentor Graphics Following Strong Emulation Bookings

Ari Crane — Fri, 24 May 2013 12:32:08 +0000

In a report published on Friday DA Davidson reiterated its Buy rating on Mentor Graphics Corporation (NASDAQ: MENT) and also maintained its $24 price target on the company.

In the report, analysts from ...

UPDATE: FBN Securities Raises PT on NetApp on Capital Allocation Program

Sam Liu — Wed, 22 May 2013 17:19:04 +0000

In a report published on Wednesday, FBN Securities analyst Shebly Seyrafi raised the price target on NetApp (NASDAQ: NTAP) from $40.00 to $42.00, and reiterated an Outperform rating.

In the report, FBN Securities noted, "FQ4 results - Strong product GM, but weakness in US Public. For the FQ4/Apr. quarter, NTAP reported revenue of $1.72B (up 1% Y/Y and lower than consensus of $1.76B) and ...

UPDATE: JP Morgan Raises PT on Dick's Sporting Goods on Solid Operational Performance

Sam Liu — Wed, 22 May 2013 17:12:31 +0000

In a report published on Wednesday, JP Morgan analyst Christopher Horvers raised the price target on Dick's Sporting Goods (NYSE: DKS) from $59 to $61, and reiterated an Overweight rating.

In the report, JP Morgan noted, " In spite of continued top-line sluggishness, DKS was able ...

UPDATE: Goldman Sachs Reiterates Buy Rating, $130 PT on Amgen Ahead of AMG 386 Phase 3 Data

Dwight Einhorn — Wed, 22 May 2013 12:29:44 +0000

In a report published Wednesday, Goldman Sachs analyst Terence Flynn reiterated a Buy rating and $130.00 price target on Amgen (NASDAQ: AMGN).

In the report, Goldman Sachs noted, “We ...

UPDATE: Piper Jaffray Raises PT on Actavis on Pro Forma Estimates

Sam Liu — Tue, 21 May 2013 17:51:22 +0000

In a report published on Tuesday, Piper Jaffray analyst David Amsellem raised the price target on Actavis (NYSE: ACT) from $128.00 to $160.00, and reiterated an Overweight rating.

In the report, Piper Jaffray noted, "We are reiterating our Overweight rating on Actavis and raising our price target to $160 from $128 as we introduce ...

UPDATE: Piper Jaffray Raises PT on Zynga on New Game Traction

Jeff Song — Tue, 21 May 2013 17:47:59 +0000

In a report published on Tuesday, Piper Jaffray analyst Michael Olson reiterated Zynga (NASDAQ: ZNGA) at Neutral while increasing its price target from $3.40 to $3.50 based on a stable yet unclear recovery ...

UPDATE: Morgan Stanley Lowers PT on CNInsure on Short-term Margin

Sam Liu — Tue, 21 May 2013 17:39:29 +0000

In a report published on Tuesday, Morgan Stanley analyst Ben Lin lowered the price target on CNInsure (NASDAQ: CISG) from $8.50 to $8.00, and maintained an Overweight rating.

In the ...

UPDATE: Piper Jaffray Raises PT on 3D Systems

Jeff Song — Tue, 21 May 2013 17:32:13 +0000

In a report published on Tuesday, Piper Jaffray analyst Troy Jensen maintained 3D Systems (NYSE: DDD) at Overweight and increased the price target from $42.00 to $52.00 based on projected revenue growth and expanding profit margins.

In the ...

UPDATE: Canaccord Genuity Maintains Buy Rating for Ecolab on Global Growth

Jeff Song — Tue, 21 May 2013 15:46:55 +0000

In a report published on Monday, Canaccord Genuity analyst Chip Moore reiterated Buy for Ecolab (NYSE: ECL) and raised the price target from $93.00 to $100.00.

In the ...

UPDATE: Goldman Sachs Raises PT on Akamai Technologies on Content Delivery Summit NYC

Sam Liu — Tue, 21 May 2013 15:41:54 +0000

In a report published on Tuesday, Goldman Sachs analyst Heather Bellini raised the price target on Akamai Technologies (NASDAQ: AKAM) from $45.00 to $50.00 and maintained a Neutral rating.

In the report, Goldman Sachs noted, "We flag takeaways from three key sessions. First, during the Netflix keynote, the company commented that its decision to build an in-house CDN service (Open Connect) was necessitated by its unique market position since Netflix accounts for around ...

UPDATE: Oppenheimer Reiterates Outperform for OmniVision Technologies on Future Growth Prospects in China

Jeff Song — Tue, 21 May 2013 15:37:16 +0000

In a report published on Monday, Oppenheimer analyst Martin Yang reiterated Outperform for OmniVision Technologies (NASDAQ: OVTI) with a 12-18 month price target of $21.00.

In the report, Oppenheimer noted, "Our checks indicate the mid-end to high-end smart phone market, ...

UPDATE: Canaccord Genuity Raises PT on Conns on Top-Line Growth and Expanding Retail Gross Margins

Sam Liu — Tue, 21 May 2013 15:34:58 +0000

In a report published on Tueday, Canaccord Genuity analyst Laura Champine raised the price target on CONN's (NASDAQ: CONN) from $53.00 to $63.00, and maintained a rating of Buy.

In the report, Canaccord Genuity noted, "We expect Conn's to generate average annual revenue growth of 21% over the next five years ...

UPDATE: Bank of America Raises PO on Qihoo on Mobile Monetization with Growing Search

Sam Liu — Tue, 21 May 2013 15:26:38 +0000

In a report published on Tuesday, Bank of America analyst Chao Wang raised the price objective on Qihoo (NYSE: QIHU) from $41 to $50, and reiterated a Buy rating.

In the report, Bank of America stated, "Management also indicates that they have stepped up monetization ...

UPDATE: Goldman Sachs Raises PT on Microsoft on Declining PC Sales

Jeff Song — Tue, 21 May 2013 15:07:52 +0000

In a report published on Monday, Goldman Sachs analyst Perry Huang reiterated Sell for Microsoft (NASDAQ: MSFT) and raised its 12 month price target from $27 to $30 based on declining ...

UPDATE: Morgan Stanley Reiterates Underweight on Campbell Soup on Questionable Sustainability of Sales

Jeff Song — Tue, 21 May 2013 14:21:34 +0000

In a report published on Monday, Morgan Stanley analyst Matthew Grainger reiterated Underweight for Campbell Soup (NYSE: CPB) based on unclear prospects for the growth of future soup sales.

In the report, Morgan Stanley pointed out, "While ...