Analyst Alerts: Apple, Finish Line, Colgate-Palmolive, Peabody, Cisco May 29th
Apple Inc. (NASDAQ:AAPL): RBC Capital expects Apple to generate significant EPS and revenue growth over the next several years. The firm believes that the company will benefit from multiple catalysts in coming months and it maintains a $700 target and Outperform rating on the shares.
Finish Line Inc. (NASDAQ:FINL): Jefferies sees a good chance of Finish Line positively preannouncing Q1 earnings tomorrow ahead of the company’s analyst day. Jefferies believes the company’s initial Q1 guidance is conservative and finds the risk/reward on shares attractive into tomorrow’s analyst day.
Colgate-Palmolive Co. (NYSE:CL): Following a meeting with Colgate’s chief marketing officer, Morgan Stanley said it has increased confidence top-line trends remain robust and that emerging market momentum should continue. Shares are Overweight rated with a $110 price target.
Peabody Energy Corp. (NYSE:BTU): Goldman upgraded the Coal sector based on the recent pullback in share prices and the belief that natural gas and thermal coal prices are bottoming. As part of the sector change the firm upgraded Peabody (NYSE:BTU) to Buy from Hold.
Cisco Systems, Inc. (NASDAQ:CSCO): Oppenheimer says that Cisco gained market share last quarter, and the firm expects the trend to continue this quarter. The firm maintains a $22 target and Outperform rating on the stock.
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