Manpower Expected to Miss Q3 Estimates and 4 Stock Analyses Making Headlines
Penn National Gaming Inc. (NASDAQ:PENN): Stifel Nicolaus expects Maryland’s Question 7, a ballot initiative on whether to allow table gambling in the state, to be defeated, causing Penn National National Gaming Inc.’s stock to advance. The firm views Penn National as the best stock among regional gaming operators and they maintain a $54 target and Buy rating on their shares.
Angie’s List Inc (NASDAQ:ANGI): After conducting checks with service providers, ThinkEquity believes that Angie’s List has reached an inflection point at which their recurring revenue base is large enough to push their margins higher. The firm maintains a Buy rating on the stock.
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Pacific Premier Bancorp Inc. (NASDAQ:PPBI): After the company acquired First Associations Bank, DA Davidson raised their target for Pacific Premier Bancorp Inc. as the firm believes that the deal provides Pacific Premier with a source of inexpensive deposits that can be used to fund their growing loan portfolio. The firm thinks the deal meets Pacific Premier’s primary need and they maintain a Buy rating on their stock.
VMware, Inc. (NYSE:VMW): Following the licensing change, UBS said VMware, Inc.’s third quarter checks are positive with a pickup in vSphere demand and increased confidence in VARs. The firm said checks indicate the quarter started off weak but ended strong and should be ahead of third quarter Street estimates. Shares are Buy rated with a $125 price target.
Manpower Inc. (NYSE:MAN): UBS expects Manpower to miss their third quarter estimates. They have lowered 2012 and 2013 estimates to reflect the slower pace of the global recovery. The price target has also been lowered from $53 to $50.