Hub Group REDUCED After Weak Q2 and 4 Stock Analyses Not To Miss
Chicago Bridge & Iron Company N.V. (NYSE:CBI): Sterne Agee believes that Honeywell’s (NYSE:HON) Universal Oil Product licensing division has exceeded expectations, and bodes well for Chicago Bridge & Iron (NYSE:CBI). The firm maintains a $56 target and Buy rating on the latter company.
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SanDisk Corp. (NASDAQ:SNDK): Since SanDisk reported in-line quarter results for June and provided in-line guidance for its September quarter, Sterne Agee expects handset and solid state drive markets to improve in 2012.
Forward Air Corp. (NASDAQ:FWRD): After Forward Air Corp. reported higher than expected earnings per share for the second quarter, Stephens continues to believe that the stock is undervalued at current levels. The firm thinks they are benefiting from a number of positive trends and reiterates a $43 target and Overweight rating.
Hub Group Inc. (NASDAQ:HUBG): After the company reported weaker than expected second quarter results, and lowered their guidance for the fiscal year 2012, Stephens reduced the target on Hub Group Inc. However, the firm believes that the stock’s current valuation provides an attractive entry point for long-term investors. They maintain an Overweight rating.
Athenahealth, Inc. (NASDAQ:ATHN): Following their second quarter results, Universal Oil Products, has raised their price target on Athenahealth, Inc. The firm said the results were solid, but not overwhelmingly positive. Given their valuation, this could suggest a decline in the price of their shares. However, Shares are Sell rated.
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