Calix Price Target LOWERED and 4 Stock Analyses You Can’t Miss

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Conns Inc. (NASDAQ:CONN): Piper Jaffray views yesterday’s pullback in  Conn’s (NASDAQ:CONN) shares, a result of a negative earnings preannouncement given by  hhgregg’s (NYSE:HGG), as a buying opportunity. Piper clarifies that issues with hhgregg are company specific and will not be reflected to Conn’s.

Don’t Miss: Is Apple Completely Re-Designing This Once-Popular Device? 

Estee Lauder Companies Inc. (NYSE:EL): Following Estee Lauder’s 8% drop during the past week after the CEO sold stock in the company, BMO Capital mentions that the sales of shares were part of a trading plan begun in December. The firm also states that the company has a history of constantly exceeding initial annual guidance below its current CEO. The firm keeps an Outperform rating on the shares.

Calix Inc. (NYSE:CALX) price target was lowered by UBS after its earnings miss for Q2. The firm credited the miss to a softening spending environment as well as macro and regulation concerns. The shares keep a Buy rating.

Briggs & Stratton Corp. (NYSE:BGG): According to Baird, the risk/reward for Briggs & Stratton is still favorable although its estimates were reduced due to weakening demand on lawn and garden as well as European fundamentals. Because of low expectations, on-track restructuring initiatives, and a high short interest, the firm keeps its Outperform rating on the stock.

ADTRAN Inc. (NASDAQ:ADTN) price target was reduced after Q2 results were below expectations. The firm blames limited visibility and a cautious carrier spending environment. Shares keep a buy rating.

Don’t Miss: Is Gold Stuck in BIZARRO Land? 

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business