Analyst Alerts: Delphi Automotive, Tibco Software, OpenTable, Emulex April 4th
Delphi Automotive PLC (NYSE:DLPH): Lazard Capital raised its estimates and price target for Delphi Automotive citing a better than expected Q1 North American production and sales outlook. The firm keeps a Buy rating on the stock.
Tibco Software, Inc. (NASDAQ:TIBX): After TIBCO announced that it had acquired LogLogic, Pacific Crest thinks that the deal will enable TIBCO to enter the large IT analytics market. The firm sees synergies between the two companies and recommends buying TIBCO’s stock.
OpenTable, Inc. (NASDAQ:OPEN): ThinkEquity remains concerned regarding OpenTable’s uneven restaurant additions, increased competition, and potential integration risk of TopTable. Shares are Hold rated.
Emulex Corp. (NYSE:ELX): ThinkEquity believes Emulex’s (NYSE:ELX) stock price reflects concerns surrounding the recent Broadcom (NASDAQ:BRCM) lawsuit, which it expects to have a minimal impact. The firm believes Emulex will benefit from the Romley ramp and recommends buying shares ahead of the Q3 report. Shares are Buy rated.
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