Ametek FALLS SHORT of Q2 Predictions and 4 Stock Analyses Not to Ignore
Quanta Services, Inc. (NYSE:PWR) is expected by Stifel Nicolaus to get a boost from the equipment failure of late at American electric utilities, allowing the company to turn in better than planned results in 2H12 and 2013. The firm holds to a $31 target and maintains a Buy rating on the stock.
Dollar General Corporation (NYSE:DG): FBR Capital elevated its price target for Dollar General due to the company’s improving revenue growth outlooks and cost controls. The firm still recommends shares of the company, with an Outperform rating.
Zynga, Inc. (NASDAQ:ZNGA): Stifel points out that predictions for Zynga are low into its results, and endorses adding to positions in the stock into the results. The firm maintains an $8.50 target and Buy rating.
Baidu, Inc. (NASDAQ:BIDU) turned in solid Q2 results in the face of headwinds in China, says Raymond James. The firm maintains its Strong Buy rating and reduced its price target due to Chinese economic pressures.
Ametek Inc. (NYSE:AME) reported lower than hoped Q2 revenue, leading Wells Fargo to think the stock might be under pressure today. However, the firm still promotes purchasing the stock, as it thinks the company will outperform its peers in the near-tern, and benefit when the macro environment gets more favorable.
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