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Coach Inc. (NYSE:COH): According to Brean Murray, the recent pullback in Coach should be used to initiate/add to positions before Q4 results tomorrow. The firm cited the ability of the company to drive solid returns, grow in the domestic market, and possibly expand in Asia. Shares have a Buy rating and a $80 price target.
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Isis Pharmaceuticals, Inc. (NASDAQ:ISIS): following a meeting with Isis’ management, Stifel Nicolaus is still confident in decisions regarding near-term Kynamro regulation and longer-term peak sales estimates. The firm still believes that investors underestimate the company’s pipeline causing it to maintain a Buy rating.
PetSmart, Inc. (NASDAQ:PETM) was removed from Nomura’s Conviction Buy List following after it was downgraded to Neutral today.
FEI Co. (NASDAQ:FEIC) is predicted by Stifel Nicolaus to report in-line Q2 results. The firm expects the orders of the compay to accelerate close to the end of the years end, and it keeps its Buy rating and a $58 target on the stock.
Hanesbrands Inc. (NYSE:HBI): Brean Murray is still an aggressive buyer of Hanesbrands before its Q3 results due to lower cotton prices ahead, free cash flow, and lowered inventories. Shares have a Buy rating and a $26 price target.
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