Apple Target RAISED and 4 Fresh Stock Analyses
Apple Inc. (NASDAQ:AAPL): Janney Capital raised its price target on Apple to $720 from $670.
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Infosys Technologies Ltd.‘s (NASDAQ:INFY) reduction of FY13 revenue growth guidance sparked Wells Fargo to believe the shift was due to foreign exchange variations and a mix shift. The firm holds to a Market Perform rating on the stock.
Hologic Inc. (NASDAQ:HOLX): William Blair believes the Gen-Probe merger (NASDAQ:GPRO) and tomosynthesis are the two crucial motivator for Hologic shares, and sees Wednesday night’s updates as good for the name. William Blair thinks the update on tomosynthesis was positive for placements and backlog and maintains an Outperform rating on the company’s shares.
Rosetta Resources, Inc. (NASDAQ:ROSE) is moving up its capital allocation more in the direction of oil, which investors underappreciate, says Canaccord. The firm thinks shares have priced in NGL weakness and ought to obtain Brent prices for 60 percent of Eagle Ford oil output in 2H 2012, up from zero. Shares of Rosetta are rated Buy.
Pandora Media Inc (NYSE:P) announced earlier this week that it has re-enabled access to its Australian and New Zealand radio service following having to disable music services abroad in 2007 due to not having the proper music rights. William Blair sees this international relaunch as a crucial step in growing the company’s addressable market and maintains an Outperform rating on the stock.
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