Micron Pullback Viewed as Buying Opportunity and 4 Stock Analyses Turning Heads
Micron Technology Inc. (NASDAQ:MU) post-earnings pullback is seen by Jefferies as a buying opportunity. The firm still predicts that Moore Stress will drive margin expansion, and it keeps its Buy rating and a $10 price target on the stock.
Epocrates, Inc. (NASDAQ:EPOC): According to Piper Jaffray, shares of Epocrates should be purchased on the recent weakness, and the firm keeps its Overweight rating on the stock, as Piper believes that management presentations at investor conferences in January will provide catalysts.
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CarMax Inc. (NYSE:KMX) target has been increased by Stifel Nicolaus because of its expectations that the company will benefit from a various trends, which includes increased new car sales during 2010-11, its decision to lower interest rates, and comp acceleration. The firm continues to be cautious in regards to the company’s Q4 results but continues to be upbeat on its long-term outlook, and it keeps its Buy rating on the stock.
DexCom, Inc. (NASDAQ:DXCM) has been called a top growth pick for 2013 by Canaccord considering its new product cycle and possible growth drivers from label expansion into pediatrics and Animas Sensor Augmented Pumps commercialization. Shares have a Buy rating and a $19 price target.
Discover Financial Services (NYSE:DFS) valuation is believed by Guggenheim to not fully value its payment’s business and its partnership opportunities. Shares have a Buy rating and a $48 price target.
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