Blue Nile to Benefit From Declining Diamond Prices and 4 Stock Analyses Buzzing Now
First Solar, Inc. (NASDAQ:FSLR): The Department of Commerce increased the amount tariffs to be levied on Chinese solar companies, influencing Cantor Fitzgerald to predict that the E.U. will impose similar tariffs during 2013. According to the firm, the U.S. tariffs have the ability to raise domestic demand for First Solar’s panels as it adds that the company also has the ability to benefit significantly from E.U. tariffs. The firm keeps its Buy rating and a $23 price target on the stock.
Liberty Media Corp. (NASDAQ:LMCA) investor day was perceived by Lazard Capital as being positive for both the company and Sirius XM (NASDAQ:SIRI). The firm increased its price target for Liberty Media to $143 from $125, and its target for Sirius has been raised to $3.50 from $3.00.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Blue Nile Inc. (NASDAQ:NILE) is expected by RBC Capital to see benefits from falling diamond prices. The firm keeps its Outperform rating on the stock.
SanDisk Corp. (NASDAQ:SNDK) estimates have been increased by Nomura due to raised spot pricing for memory cards, share gains at Apple (NASDAQ:AAPL), and expectations for mild ASP declines. Shares have a Buy rating.
Rackspace Hosting, Inc (NYSE:RAX) target has been raised by JMP Securities after one of the company’s privately held competitors made bullish statements regarding the cloud hosting market. The firm keeps its Outperform rating on the stock.
Don’t Miss: Is This Where Apple’s TV Adventure Goes Next?