Active Stock Alerts: Concur Tech, Universal Display, Tractor Supply, Fresh Market, Copart May 31st
Concur Technologies, Inc. (NASDAQ:CNQR): After meeting with Concur’s management, Stifel Nicolaus believes that the company has multiple long-term growth drivers that should enable it to generate annual growth of at least 25% for the next several years. The firm maintains a $67 target and Buy rating.
Universal Display Corp. (NASDAQ:PANL): Cowen believes Universal Display’s new products and new license deals to be catalysts for shares. The firm also expects its revenue stream to even out as more customers go commercial and with the addition of green materials. Cowen adds that the recent Japanese patent decisions could be overturned on appeal. Shares are Outperform rated.
Tractor Supply Company (NASDAQ:TSCO): BofA/Merrill views Tractor Supply’s growth and margin initiatives favorably. Shares are Buy rated with a $118 price target.
The Fresh Market, Inc. (NASDAQ:TFM): JPMorgan raised its estimates and price target for The Fresh Market following the company’s Q1 results and keeps an Overweight rating on the stock.
Copart, Inc. (NASDAQ:CPRT): Baird said they would be aggressive buyers on weakness in Copart citing its healthy cash flow and expectations for volume acceleration later this year. Shares are Outperform rated with a $30 price target.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.