Edwards Lifesciences Corp. (NYSE:EW): Following the company’s lowered third quarter guidance, Piper Jaffray believes that the sell-off in shares of Edwards Lifesciences Corp. could be a good buying opportunity for long-term investors. The firm lowered their price target for shares from $118 to $105, but maintains an Overweight rating on the name.
Polaris Industries, Inc. (NYSE:PII): After their Polaris Industries, Inc.’s dealer checks indicated the company’s retail sales growth in the third quarter remains strong, Citigroup believes that concerns about competition are likely overblown . Citi views Polaris as well positioned in the near-term and finds the stock attractive at current levels. The firm keeps a Buy rating on the name with a $94 price target.
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Research In Motion Limited (NASDAQ:RIMM): Jefferies believes that Research in Motion Limited is unlikely to launch the Blackberry10 before March and reiterates an Underperform rating on their stock with a $5 price target. The firm said that their channel checks indicate RIM had a tough November quarter and that channel partners are cautious about holding the company’s inventory.
NetApp, Inc. (NASDAQ:NTAP): Piper Jaffray said their mid-quarter channel checks indicate NetApp, Inc.’s demand is tracking in-line to slightly better than expected. Piper continues to believe they company is positioned for a beat and raise quarter and reiterates an Overweight rating on their stock with a $41 price target.
Edwards Lifesciences Corp. (NYSE:EW): Following the company’s negative third quarter sales pre-announcement, Leerink views the pullback in shares of Edwards Lifesciences Corp. as a buying opportunity. The firm expects the company’s sales to rebound in the fourth quarter and keeps an Outperform rating on the stock.
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