Adobe Systems, Las Vegas Sands, MAKO, Express Scripts, Pier 1 Among Stock Analyst Alerts Mar 5th
Adobe Systems Inc. (NASDAQ:ADBE): Piper Jaffray’s channel checks suggest Adobe’s February quarter results will come in slightly above consensus estimates. However, the firm maintains a Neutral rating on the stock with a $30 price target.
MAKO Surgical Corp.(NASDAQ:MAKO): Piper Jaffray does not expect Mako Surgical’s Q4 results this week to impact the stock given the company’s pre-announcement in January, but raised its price target for shares to reflect potential positive catalysts. Piper lists potential approval of new hip and hospital network contracts as possible catalysts and keeps an Overweight rating on the stock.
Express Scripts Inc.(NASDAQ:ESRX): Deutsche Bank raised its price target for Express Scripts (NASDAQ:ESRX) shares on expectations the company’s merger with Medco Health (NYSE:MHS) will receive FTC approval in the near-term. The firm believes the combination will offer substantial strategic and financial benefits to consumers and shareholders and reiterates a Buy rating on Express Scripts shares.
Las Vegas Sands Corp.(NYSE:LVS): Credit Suisse raised Las Vegas Sands estimates citing cash flow generation, long-term pipeline, and Asian growth, among other reasons. Shares are Outperform rated.
Pier 1 Imports Inc.(NYSE:PIR): Oppenheimer increased its target on Pier 1 based on increases in the company’s sales and margins. The firm also believes that Pier 1’s e-commerce launch should boost sales, and it maintains an Outperform rating.
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