First Solar AFFECTED by Slowing Demand and 4 Must-Notice Stock Analyses
VMware, Inc. (NYSE:VMW): Following VMware’s report of higher than planned Q2 adjusted EPS and deal to purchase software-defined networking company Nicira, Pacific Crest thinks that the company has growth potential in software-defined networking and a number of other spaces. The firm holds to a $125 target and Outperform rating on the stock.
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JDS Uniphase Corporation (NASDAQ:JDSU) and Yum! Brands have been taken off the Most Preferred list at UBS.
Juniper Networks, Inc. (NYSE:JNPR): UBS took Juniper off its Least Preferred list.
Provectus Pharmaceuticals (PVCT): Following Provectus’ reported Phase II outcomes of its PV-10 drug for melanoma, Roth Capital thinks the result was positive, and the firm believes the data means good things for the future success of the treatment. The firm maintains a $3 target and Buy rating on the stock.
First Solar, Inc. (NASDAQ:FSLR) estimates have been reduced by Cowen prior to Q2 earnings due to margin compression from new business. Cowen additionally supplied scenarios based on long-term implications of the solar industry, such as declining backlog, low margins and plant closings, which might put the stock under $10 per share. Shares are rated Neutral.
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