Baxter Shares UNDERPERFORM and 4 More New Stock Insights
Baxter International Inc. (NYSE:BAX) stock underperformed during the past three months causing RBC Capital to believe that the company’s fundamentals are reliable, and from current levels, the shares have limited downside.
Fortune Brands Home & Security Inc (NYSE:FBHS) has reiterated its guidance for FY12, RBC Capital reports. The firms views the recent sell-off the stock as a buying opportunity.
Myriad Genetics Inc. (NASDAQ:MYGN) is the most stable Life Sciences and Diagnostics name in the Supreme Court’s ruling regarding healthcare reform. The firm claims that whatever the ruling outcome, it will favor Myriad.
Echo Global Logistics, Inc. (NASDAQ:ECHO): Following Echo’s Analyst Day, Stifel Nicolaus views the company’s new initiatives as a way to increase EPS at at least a 33% annual rate in coming years. The firm maintains a Buy rating but increases its price target to $22 from $20 on the shares.
Research In Motion Limited (NASDAQ:RIMM) fundamentals are deteriorating with continued customer churn and hardware losses. Because the firm predicts further risk to the downside, it reiterates its Neutral rating on the stock.
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