Graphic Packaging’s Buyback Seen As Net Positive and 4 Stock Analyses Demand Attention
Lorillard, Inc. (NYSE:LO): After it participated in a conference call with a tobacco executive, Wells Fargo views e-cigs as possessing “vast potential.” The firm predicts that Lorillard is the only publicly traded company currently leveraged to this category, and it keeps its Outperform rating on the stock.
Graphic Packaging Holding Company (NYSE:GPK) secondary with a buyback is seen by Jefferies as a net positive for shares due to the fact that it will improve the company’s liquidity as it raises the overhang from the increased float. Jefferies sees a confined demand for shares, causing it to predict that the secondary will not have a material impact on the stock price. The firm maintains its Buy rating and a $7 price target on the stock.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Green Dot Corporation (NYSE:GDOT): According to Piper Jaffray, its survery of 75 Wal-Mart (NYSE:WMT) stores have shown better activity for Green Dot’s (NYSE:GDOT) MoneyCard than predicted after it launched the American Express (NYSE:AXP) Bluebird card. The firm continues to believe that MoneyCard has begun to hold its own and it shows that three Green Dot insiders purchased stock during November. Piper keeps its Overweight rating and a $15.25 price target on the stock.
AerCap Holdings N.V. (NYSE:AER): AIG (NYSE:AIG) sold a stake of as much as 90 percent in its aircraft leasing unit, influencing Wells Fargo to think that aircraft leasing franchises continue to be appealing to financial institutions. The firm has named AerCap as its favorite stock in the group due to its lower P/E multiple and higher RoE than its peers, reports Wells. The firm keeps its Outperform rating on AerCap.
Deckers Outdoor Corp. (NASDAQ:DECK): According to Goldman, UGG fundamental trends seem weak with season-to-date sell because of a 25 percent decline. The firm still sees risk to Q4 earnings and keeps its $2.55 estimate compared to the consensus of $2.64. Shares have a Neutral rating.
Investing Insights: Is Lululemon’s Stock Still a Buy?