Deere & Co. Target Raised and 3 Stock Analyses Attracting Attention
Deere & Company (NYSE:DE): Wells Fargo said that their dealer channel checks indicate United States and Canadian large farm equipment demand strength will likely continue through the end of 2012 and into the first half of 2013. The firm raised their price target range for Deere 7 Company shares from $79-$82 to $90-$93 and keeps a Market Perform rating on the name.
ICON Plc. (NASDAQ:ICLR): Ahead of the firm’s investor day on December 4, Wells Fargo said that they are positive about shares of ICON Plc. They believe that investors are underestimating the company’s margin expansion potential while overestimating the risk around contract renewals. Wells keeps an Outperform rating on their stock.
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Dynavax Technologies Corporation (NASDAQ:DVAX): JMP Securities believes Dynavax Technologies Corporation will be able to address many of the Federal Drug Administration panel’s worries and believes that there is a good chance the company’s vaccine will be approved. The firm advises buying Dyax shares on weakness and keeps an Outperform rating on the name with a $6 price target.
Dyax Corp. (NASDAQ:DYAX): Correction: Dyax Corp. was not mentioned at JMP Securities.