Apple Analyst Sees 1M iPad Mini Sales Friday-Sunday and 4 Stock Insights Making Rounds
Corcept Therapeutics Inc. (NASDAQ:CORT) price target was decreased to $4 from $6 at Ladenburg.
Green Plains Renewable Energy, Inc. (NASDAQ:GPRE) reported higher Q3 EBITDA than predicted, and it stated that it is likely to return to operating profitability during Q4. Wedbush claims that a $7 stock price would value the company on the low side of recent M&A transactions. The firm keeps its Outperform rating on the stock.
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Catamaran Corp. (NASDAQ:CTRX) reported Q3 results viewed as strong by Maxim, and the company raised its 2012 EPS guidance. The firm thinks that the company’s synergies are ahead of schedule. The shares keep a Buy rating.
Apple Inc. (NASDAQ:AAPL): According to Piper Jaffray’s estimates, Apple has the ability to sell 1 million to 1.5 million iPad Minis during the weekend, which falls lower than the 3 million third generation iPads that sold in its launch weekend during March. Piper believes that the iPad Mini will quicken pace and become a more important product for Apple as consumers realize the benefits in portability and ease of use.
Generac Holdings Inc. (NYSE:GNRC) is expected by Goldman to be a beneficiary of deteriorating power quality. The firm its Neutral rating because of valuation.
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