Analyst Alerts: First Cash Financial, JA Solar, Akamai Technologies, Iron Mountain, Seagate June 5th
First Cash Financial Services Inc. (NASDAQ:FCFS): Roth Capital believes that the recent sell-off in First Cash Financial has been caused by falling gold prices and concerns about the peso. However, the firm is upbeat about the company’s revenue mix and growth plans, and it reiterates a $50 target and Buy rating on the stock.
JA Solar Holdings Co., Ltd. (NASDAQ:JASO): Jefferies lowered its price target for JA Solar shares to 70c following the company’s Q1 earnings miss and says it sees negative catalysts over the near-term. The firm keeps an Underperform rating on the stock.
Akamai Technologies Inc. (NASDAQ:AKAM): Credit Suisse said Netflix’s (NASDAQ:NFLX) announcement to launch its own content delivery network will reduce the need for third part6y CDN vendors such as Akamai (NASDAQ:AKAM), L-3 Communications (NYSE:LLL), Limelight (NASDAQ:LLNW).
Iron Mountain Inc. (NYSE:IRM): Citigroup said they expects Iron Mountain to move up near-term weather it becomes a REIT or not. Shares are Buy rated.
Seagate Technology. (NASDAQ:STX): Argus said the sell-off in Seagate is a buying opportunity and notes the company’s HDD position remains very strong. Shares are Buy rated with a $39 price target.
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