Calgon Carbon Target LOWERED after Q2 Reporting and 4 Stock Analyses Making the Rounds
Avnet Inc. (NYSE:AVT): Brean Murray lowered their price target on Avnet Inc. following soft, second quarter results. They cited expectations for margin compression as well as weaker guidance for the next quarter. Shares remain Buy rated on valuation.
Calgon Carbon Corporation (NYSE:CCC): Following their second quarter results, Brean Murray lowered their price target on Calgon Carbon Corporation. The firm cited their muted outlook that is based on weak demand, higher raw materials costs, and a lack of catalysts for their shares. Brean Murray expects their shares to remain range bound, but maintains a Buy rating.
Salix Pharmaceuticals Ltd. (NASDAQ:SLXP): Following their second quarter results, Brean Murray lowered their price target on Salix Pharmaceuticals Ltd., citing a delay in filing for the approval of Relistor with the Federal Drug Administration. Shares remain Buy rated.
Walt Disney Co. (NYSE:DIS): After the company reported solid, third quarter results, Stifel Nicolaus increased their target on Walt Disney Co. The firm maintains a Buy rating.
Monster(:MNST): After the company reported weaker than expected second quarter results, Stifel Nicolaus reduced their target on Monster. However, they believe that Monster has significant remaining international opportunities and they will be able to achieve a mid-teen compound annual growth rate through 2015. The firm maintains a Buy rating.
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