Generac Estimates Raised After Acquisition and 4 Stock Analyses to Know Now
First Cash Financial Services Inc. (NASDAQ:FCFS) price target saw an increase by Stephens because its believes that the company’s visibility for FY13 saw an increase due to changing business trends and political developments in Mexico. The firm has reiterated its Equal Weight rating on the stock.
Generac Holdings Inc. (NYSE:GNRC) estimates have been increased after its closed the Ottomotores acquisition. The firm is convinced that the deal will let Generac quickly penetrate into the Latin American market and the company believes that there is plenty of opportunity for synergies. The stock has a Buy rating and a $38 price target.
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OceanFirst Financial Corp. (NASDAQ:OCFC) provided updated guidance showing that the company’s Q4 EPS could see a negative impact due to Hurricane Sandy and borrowers’ bankruptcies, and Sterne Agee thinks that stock is undervalued, and it keeps its Buy rating on the stock.
Plantronics, Inc. (NYSE:PLT): Northland’s checks have shown that Plantronics should show a solid December quarter with the possibility that its EPS growth will be accelerated during its March quarter. The firm continues to see earnings visibility improvement and that Lync demand continues to be strong. The firm give an Outperform rating and a $45 price target on the stock.
Alcatel-Lucent (NYSE:ALU): According to Craig-Hallum, Alcatel-Lucent’s $2.1 billion credit facility announcement has been considered a “huge positive,” allowing the company to begin its turnaround plan and remove near-term debt payment concerns. Shares have a Buy rating.
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