Analyst Sees $900 for Apple and 4 Stock Grades to Watch Now
KB Home (NYSE:KBH) target has been increased by RBC Capital following the company’s report that its deliveries and average selling price both saw a boost of over 7 percent year-over-year during Q3. The firm views KB Home as being in the position to see benefits if these trends continue and valuation rises, and it reiterates its Outperform rating on the stock.
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Lennar Corp. (NYSE:LEN) target has been raised by RBC Capital following the company’s report that its Q3 EPS exceeded expectations. The firm believes that the stock is in the ideal position to advance further, and it keeps maintains its Outperform rating on the stock.
TransDigm Group Incorporated (NYSE:TDG): According to RBC Capital, future acquisitions by TransDigm may have the ability to push the stock to $300 in 2015. The firm keeps and Outperform rating and raises its target to $170 from $146 on the stock.
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) has been removed from the U.S. 1 List at Bank of America Merrill Lynch.
Apple Inc. (NASDAQ:AAPL): Jefferies stated that its channel checks suggest the addition of Sony (NYSE:SNE) to the list of in-cell display suppliers to the iPhone 5 has resolved what was the main supply bottleneck. The analysis shows that iPhone 5 demand will continue to be strong, and it believes that there are several catalysts in the near future for Apple shares to perform well. Jefferies maintains a Buy rating and a $900 price target on the stock.
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