NetApp CONSERVATIVE with Guidance and 4 Stock Analyses Not to Overlook
Apple Inc. (NASDAQ:AAPL) price target has been increased by Deutsche Bank following its introduced the iPhone 5. According to the firm, the phone’s features were what was expected, and the device has the ability to drive a healthy upgrade cycle. The firm reiterates its Buy rating on the stock.
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NetApp, Inc. (NASDAQ:NTAP): According to, Deutsche Bank NetApp’s management decided to keep its long-term business model targets at its tech conference yesterday. The firm thinks that the company will keep being conservative in regards to near-term guidance, and it maintains its Buy rating on the stock.
LeapFrog Enterprises Inc. (NYSE:LF) valuation continues to be attractive, according to Ascendiant Capital, even after the stock plummeted 21 percent throughout the past week because of a new children’s tablet from Toys”R”Us along with LeapFrog’s price reduction of the LeapPad to $79 from $99. The firm states that the Toys”R”Us tablet will be available exclusively at the company’s own stores. LeapPad sales continue to be strong, and Ascendiant keeps its Strong Buy rating and a $15 price target on the stock.
Sequenom Inc. (NASDAQ:SQNM): William Blair views Sequenom’s capital increasing with the pricing of $110 million of convertible senior notes as removing an overhang on the stock. The firm does not believe that Sequenom will need another capital raise for the support of its operations. The firm maintains its Outperform rating on the stock.
Apple Inc. (NASDAQ:AAPL) estimates have been increased by Barclays due to expectations that iPhone 5 sales will show a rapid incline during the December quarter. Shares have an Overweight rating.
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