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Halliburton Company (NYSE:HAL) reported in-line Q3 results, influencing Sterne Agee to believe that the stock’s risk/reward ratio continues to be attractive. The firm reiterates its Buy rating and a $43 target on the stock.
Sina Corp. (NASDAQ:SINA): According to Maxim, falling sales in China from the top three Japanese auto makers, Toyota, Nissan and Honda, could have a negative impact on SINA’s Q3 and Q4 ad revenue. The firm notes that Japanese auto ads is one of SINA’s leading ad revenue sources. Maxim keeps its Sell rating and a $44 price target on the stock.
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CROCS Inc. (NASDAQ:CROX): Sterne Agee is growing comfortable with Crocs’ ability to at least meet its quarterly and full-year guidance. According to the firm, in-line or better results/guidance may have the ability to increase the stock’s multiple, and the firm keeps its Buy rating and a $30 target on the stock.
Stanley Black & Decker, Inc. (NYSE:SWK) reported lower Q3 EPS than predicted, causing Argus to believe that the company’s strategy will pay off over time. The firm keeps a Buy rating and a $76 target on the stock.
Select Comfort Corporation (NASDAQ:SCSS): Piper Jaffray believes that the pullback in shares of Select Comfort post the company’s Q3 results to confusion around mattress unit growth and Q4 sales guidance. The firm thinks that these are near-term noise and that Select Comfort reported a successful quarter. Piper keeps its Overweight rating but raised its price target to $36 from $34 on the stock.
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