Apple Analyst Sees $800 Ahead and 4 Stock Insights Make Rounds
Albemarle Corp. (NYSE:ALB) valuation is predicted by Jefferies to be reassessed higher by mid-2013 considering the improvements in electronics and construction. The firm keeps its Buy rating by raises its price target on the stock.
ValueClick, Inc. (NASDAQ:VCLK): Cantor spoke with the company’s management and believes that the company’s business trends continue to be positive. The firm thinks that the company’s organic revenue will see a 12 to 13 percent boost during FY13, and it believes that the company has the potential to benefit from the advent of real-time bidding. The firm keeps its Buy rating on the stock.
Our 20-page proprietary analysis of Apple’s stock is ready. Click here and to get your Cheat Sheet report now!
Deckers Outdoor Corp. (NASDAQ:DECK): According to Jefferies, online trends and its department store checks show a significant increase in interest in the UGG brand recently. The firm views Deckers Outdoor as being well positioned for better winter sales, and it keeps its Buy rating on the stock.
CarMax Inc. (NYSE:KMX) target has been raised by RBC Capital as it also increased its Q3 used unit comp estimate to 10 percent from 6 percent. The firm continues to have a long-term bullish outlook on the stock, but it keeps its Sector Perform rating.
Apple Inc. (NASDAQ:AAPL): Canaccord’s checks show that there was very strong iPhone sales during November due to the improved supply. This influenced the firm to slightly raise its above Street December quarter iPhone estimate to 47 million units from 45 million units, and it keeps its Buy rating and $800 price target on the stock.
Don’t Miss: More Good News for Apple.