SodaStream International Ltd.(NASDAQ:SODA): JPMorgan views the pullback in SodaStream shares yesterday as an overreaction and expects the stock to trade back in the mid-to-high $40s over the next couple of weeks. The firm believes SodaStream’s fundamentals remain solid and keeps an Overweight rating on the stock post the company’s Q4 results. After SodaStream reported stronger than expected Q4 results and provided stronger than expected 2012 guidance, Oppenheimer notes that the stock fell yesterday due to deceleration in unit sales growth. The firm says that unit sales figures tend to fluctuate based on timing issues, and it reiterates a $55 target and Outperform rating.
Air Methods Corp.(NASDAQ:AIRM): Oppenheimer increased its target on Air Methods after the company reported stronger than expected Q4 results. The firm maintains an Outperform rating.
MakeMyTrip Limited(NASDAQ:MMYT): After meeting with MakeMyTrip’s management, Oppenheimer believes that the company is gaining market share in the flight category, and the firm recommends buying the stock at current levels.
Skyworks Solutions Inc.(NASDAQ:SWKS): BofA/Merrill raised Skyworks estimates citing industry trends and growth drivers. Shares are Buy rated.
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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com
To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com
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