Active Network Analyst Reduces Target and 3 Stock Analyses to Eye

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Active Network Inc (NYSE:ACTV) target has been lowered by RBC Capital following the company’s reduced 2012 guidance and provided 2013 guidance far lower than consensus estimates. The firm predicts that the stock may be somewhat range-bound for some time, although it thinks that the shares have the possibility to be somewhat oversold. The firm keeps its Outperform rating on the stock.

Exelon Corp. (NYSE:EXC) could decrease its dividend by up to $1.10 per share, according to RBC Capital, who lowered its target on the stock to $36 from $41. The firm predicts ongoing pressure on the stock in the near-term, but it keeps its Outperform rating on the stock.

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priceline.com Incorporated (NASDAQ:PCLN) earnings estimates have been increased by Deutsche Bank due to the company’s international bookings growth and positive trends during Q3. The firm reiterates its Buy rating on the stock.

ArQule Inc. (NASDAQ:ARQL) shares’ valuation is believed by RBC Capital to make the stock’s risk/reward opportunity attractive. The firm thinks that most of the stock’s value is derived from the company’s 2nd-line liver cancer indication, and it keeps its Sector Perform rating on the stock.

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