DineEquity Analyst Raised Target to $73 and 4 Stock Analyses Not to Miss
Peregrine Semiconductor Corp. (NASDAQ:PSMI) target has been raised by Oppenheimer after the company reported stronger Q3 results than expected. The firm predicts that Peregrine’s gross margins will trend higher through 2014, and it keeps its Outperform rating on the stock.
Generac Holdings Inc. (NYSE:GNRC) target has been raised by Oppenheimer due to the firm’s belief that the large amount of electricity outages over the past year has the ability to accelerate penetration of the company’s products. The firm keeps its Outperform rating on the stock.
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Medidata Solutions, Inc. (NASDAQ:MDSO) target has been raised by Needham due to the firm’s belief that the company’s underlying Q3 results were solid, although there was an EPS miss due to higher than than expected sales compensation. The firm believes that the company’s trends are accelerating, and it reiterates its Buy rating.
Novadaq Technologies (NASDAQ:NVDQ) target has been raised by Needham due to the firm’s belief that it was previously underestimating the sales potential of the company’s Pinpoint and Luna products. The firm keeps its Buy rating on the stock.
DineEquity, Inc. (NYSE:DIN): According to JPMorgan, DineEquity’s cash efficiency story has gained traction. The firm keeps its Overweight rating and raised its target to $73 from $65 on the stock.