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Mattel Inc. (NASDAQ:MAT) is expected by UBS to have strong EPS growth, which may cause a higher than expected dividend increase. The firm keeps its Buy rating but increased its price target to $40 on the stock.
Investing Insights: Is Facebook’s Stock a Buy Before Labor Day?
Facebook, Inc. (NASDAQ:FB): After conducting checks, BMO Capital states that many advertisers seem to be reducing the amount of money they have been spending on Facebook ads. The firm lowered its estimates for Facebook and reiterates an Underperform rating on the stock.
CIENA Corp. (NASDAQ:CIEN): Following Ciena’s report of lower than expected Q3 adjusted EPS, Argus predicts that the company will gain double-digit revenue growth during fiscal 2013, as its new products ramp up. The firm reiterates a Buy rating and a $21 target on the shares.
Zumiez, Inc. (NASDAQ:ZUMZ) price target has been reduced by JPMorgan to $34 from $40 after the company’s Q2 results but keeps an Overweight rating on the stock. The firm thinks that the sell-off in shares after the results could create an opportunity.
Intel Corporation (NASDAQ:INTC): According to Argus, decreasing PC market share in the U.S. is reducing the quality of Intel’s product mix. The firm believes that Ultrabook’s performance in 2012 to be “tepid,” but Argus thinks that Intel’s volumes will remain reasonably strong, and it keeps a Buy rating on the stock.
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