NRG Energy’s PEAK Summer Demand and 4 Analyst Insights Ahead of July 4th
Ocz Technology Group Inc. (NASDAQ:OCZ): Following a talk with industry contacts and OCZ Technology leadership, Piper thinks OCZ is facing growing demand for its solid state drives. Additionally, Piper believes OCZ is part of a number of deals at Microsoft (NASDAQ:MSFT) which it plans leadership to expand on in the upcoming earnings call. Piper maintains an Overweight rating and $17 price target on OCZ shares.
Netflix, Inc. (NASDAQ:NFLX): Citigroup sees the valuation of Netflix shares as quite sensible at present levels. Citi states investors can now purchase Netflix’s domestic business at a 12 price-to-earnings ratio at the same time as getting a free call option on its International segment. Citi maintains a Buy rating on Netflix shares with a $130 price target.
TW Telecom Inc. (NASDAQ:TWTC) has been taken off Citigroup’s Top Picks Live list due to outperformance of shares of late. However, Citigroup elevated its price target for the stock from $28 to $30 and reported it is still a buyer.
Juniper Networks, Inc. (NYSE:JNPR): Barclays reduced Juniper estimates due to low near-term visibility, and rated shares Overweight.
NRG Energy, Inc. (NYSE:NRG) is still well positioned to address peak summer electricity needs, says Underlich, which adds that high temperatures have been positively effecting power prices in the U.S. The firm reports shares trading at a discount to peers and maintains a Buy rating on the stock with a $23 price target.
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