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SAP AG (NYSE:SAP) has been named a long Research Tactical Idea by Morgan Stanley
Francesca’s Holdings Corp (NASDAQ:FRAN) reported stronger than expected Q2 results and made an announcement that its CEO will retire at the end of the year, causing RBC Capital to believe that the company’s fundamentals are still strong. The firm continues to be confident in the company’s new management team, and it reiterates a $42 target and Outperform rating.
AOL, Inc. (NYSE:AOL) price target has been increased by Needham due to the company’s strong operating momentum, moderating access revenue declines, and potential upcoming catalysts. The firm maintains a Buy rating on the stock
Foster Wheeler AG (NASDAQ:FWLT) has announced that a subsidiary of its Global Engineering and Construction Group was awarded a contract by Shell (RDS.A) Global Solutions International for the development of a basic engineering package for a world-scale mono-ethylene glycol facility located at Ras Laffan, Qatar. The value of Foster Wheeler’s contract has not been revealed and will be included in the company’s Q3 bookings. The MEG facility is to be part of a new petrochemicals complex in Ras Laffan Industrial City which is being developed by a joint venture of Qatar Petroleum and Shell.
Apple Inc. (NASDAQ:AAPL) price target has been increased by JPMorgan after the company raised its iPhone and iPad estimates to reflect new product launches. The firm thinks that Apple’s growth is able to be driven by further penetrating its existing end markets, and it maintains an Overweight rating on the stock.
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