New York & Co. REPORTS Booming Q2 and 4 Fresh Stock Analyses

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

McDonald’s Corp. (NYSE:MCD) estimates were reduced by Bernstein because of decreased comp forecasts in Europe. Shares have an Outperform rating.

New York & Company Inc. (NYSE:NWY) estimates were increased due to the company’s Q2 results surpassing expectations. The firm noted better margins, continued store base optimization, and consistent focus on management. Shares have a Buy rating and a $4.50 price target.

Don’t Miss: What is Liberty Media Planning for Sirius?

Darden Restaurants, Inc.’s (NYSE:DRI) acquisition of Yard House is bullish for its shares, says Cowen, adding that the concept is one of the best positioned polished-casual-dining chains. The firm noted Darden’s potential for unit growth and future earnings accretion. Shares have an Outperform rating.

Agrium Inc. (NYSE:AGU): According to BMO Capital’s expectations, the U.S. drought will keep allowing fertilizer stocks to continue their rally. The firm expects continued outperformance for Agrium and that CF Industries (NYSE:CF) will also perform well, but the firm states that the latter should face headwinds. The firm suggests Potash (NYSE:POT) for investors focused on value. The firm keeps an Outperform rating on all three companies.

Charles Schwab Corp. (NYSE:SCHW) earnings estimates have been decreased by BGB Securities due to continuing margin pressure from the rate environment as well as retail investor apprehension. The firm maintains a Sell rating but lowers its price target to $10.25 from $11 on the stock.

Don’t Miss: Will Apple’s June iPad Sales SMASH Records?

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business