Groupon Stabilization Expected and 4 Stock Analyses Turning Heads
CECO Environmental Corp. (NASDAQ:CECE) target has been raised by Cantor after the company reported higher Q3 EPS than predicted, and the firm sees improvement to the company’s outlook, as it keeps its Buy rating.
Illumina Inc. (NASDAQ:ILMN) attempt to acquire Complete Genomics (NASDAQ:GNOM) is believed by Leerink to be plausible, but it also adds that the financial impact of the potential deal is not clear. The firm views Illumina shareholders as having the ability to benefit in various ways, and it reiterates its Outperform rating on the stock.
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Groupon Inc (NASDAQ:GRPN): After it spent time with management, Deutsche Bank thinks that Groupon has the ability to show stabilization of business trends within 2 to 3 quarters. The firm has stated that it is “warming up” to the stock, but it maintains its Hold rating on the stock.
Flowers Foods, Inc. (NYSE:FLO): According to BB&T, Flowers Foods is likely to see material benefits as a result of the liquidation procedures of competitor Hostess. The firm predicts both share gains and the opportunity for Flowers to purchase assets at a distressed sale.
Swift Transportation Company (NYSE:SWFT) recent weakness is seen by BB&T as a buying opportunity, and it thinks that the company tracks to or slightly above Street expectations for the quarter of 26c. Shares have a Buy rating.
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