- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Rovi Corporation (NASDAQ:ROVI) has had its price target dropped by Brean Murray, but the firm believes the sell-off is exaggerated. Although the firm mentioned the new CFO tempered expectations and expects decreased credibility, it still believes that company will reach the mid-points of its earning guidance. The firm reiterates a Buy rating.
Smithfield Foods Inc. (NYSE:SFD): Following a recent sell-off, Cowen believes that Smithfield Foods offers a tempting entry point. According to the firm, investors are able to purchase the company at a new valuation multiple where profits appear to be bottoming as a result of the current levels. A cushion for cyclical weakness for other products will be provided by Cowan and Smithfied’s value added meats business, which keeps Smithfield’s Outperform rating.
Equinix, Inc. (NASDAQ:EQIX): According to Cowen, Equinox may and probably will convert to REIT status, and the idea is gaining momentum by investors. Cowen does no see this change occurring prior to 2015 and adds that it would cause the creation of meaningful valuation. Shares hold an Outperform rating.
Liquidity Services, Inc. (NASDAQ:LQDT): Baird claims that a buying opportunity has been created by Liquidity Services’ recent sell-off, resulting from the new eBay Wholesale (NASDAQ:EBAY) site. The firm sees the new site failing to gain traction in the B2B liquidation market as well as failing to offer several of Liquidity Services’ value-added services, and Baird claims that the quarter is currently tracking towards the higher end of guidance. The firm maintains an Outperform rating and a $66 price target.
Edwards Lifesciences Corp. (NYSE:EW): Following its meeting with Edwards Lifesciences’ management, Wells Fargo sees the company continuing to deliver, beat, and raise results for minimally the next few quarters. The firm believes that the company is set to experience significant growth, and the TAVR market opportunity for the U.S. might be underestimated by the Street. Wells Fargo reiterates its Outperform rating on the stock.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.