Nike Sales Slow in China and 4 Stock Analyses to Track
Nike Inc. (NYSE:NKE) is expected by Sterne Agee to be weak in regards to future orders in China and Western Europe, and the firm recommends staying “on the sidelines.” Shares have a Neutral rating.
Equinix, Inc. (NASDAQ:EQIX) target has been raised by Pacific Crest since the firm thinks that the company should have a higher multiple following its attempt to convert to a REIT in 2015. The firm has decided to keep its Outperform rating on the stock.
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) saw a quick drop related to concerns regarding insurance reimbursements for its Acthar treatment, which causes Roth Capital to think that Questcor will probably keep being reimbursed for the drug’s use in the majority of patients. The firm keeps its Buy rating and a $62 target on the stock.
First Solar, Inc. (NASDAQ:FSLR): According to Pacific Crest, its analysis of First Solar’s project pipeline suggests that it will probably see a fall in revenue and earnings in 2013, which has not been included in the current consensus expectations. The firm reduced its 2013 earnings estimate to $2.87 from $3.65, which is far lower than the consensus of $4.08, and it recommends avoiding the stock. The firm reiterates a Sector Perform rating on the stock.
Skyworks Solutions Inc. (NASDAQ:SWKS) target has been lowered by ThinkEquity after the company did not raise its Q4 revenue guidance, butthe firm still thinks that the company has the ability to gain market share. The firm keeps a Buy rating on the stock.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>