Cabot Oil UPGRADED to Neutral and 4 Fresh Stock Analyses
American Realty (NASDAQ:ARCT) recently announced $64 million in new investments, causing JMP Securities to believes that the company possesses good availability on its revolver. The firm’s motivation to issue equity has been decreased due to the low valuation of the stock. The firm sees the stock as safe and keeps an Outperform rating.
Cabot Oil & Gas Corporation (NYSE:COG) was previously reported as being upgraded by Baird to Overweight from Neutral due to low-cost production as well as encouraging gas industry fundamentals. The firm raised the price target from $40 to $48 on the stock.
Procter & Gamble Co. (NYSE:PG): Following a report that Bill Ackman’s Pershing Square took stake in Procter & Gamble (NYSE:PG), Bernstein mentions that it has constantly seen the potential for a greater value for the company. The firm believes steps can be taken by and activist investors to reveal this value.
Hewlett-Packard Company (NYSE:HPQ) revenue and earnings growth will still be pressured during the near-terms, according to JPMorgan, who keeps an Underweight rating and a $22 price target on shares. The firm predicts a continuance in the stock’s valuation discount.
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) price target was increased by Baird before revealing Q2 results showing potential for revenue upside as well as decreased R&D expenses. The shares are given an Outperform rating.
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