Ocwen Financial Estimates Raised and 4 Stock Analyses to Eye
Ocwen Financial Corporation’s (NYSE:OCN) purchase of Homeward is cited by Keefe Bruyette as reason for raising its estimates on the company’s shares and their price target. The analyst maintains its Outperform rating.
Harley-Davidson’s (NYSE:HOG) most recent dealer checks by Citigroup show that the firm’s domestic retail sales expanded between 5 and 7 percent last month after a 10 percent drop in August. In addition, Citi calculates that the company’s retail sales fell between 3 and 5 percent in the third quarter and that retail inventory levels are slack. The analyst maintains a Buy along with a $53 price target.
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Iron Mountain (NYSE:IRM) shares might trend higher due to near-term catalysts, says Citi, which could begin on the firm’s analyst day on October 11th. A Buy rating is kept on the stock along with a price target of $38.
Isis Pharmaceuticals (NASDAQ:ISIS) shares are being recommended by Piper Jaffray prior to of the Kynamro FDA Advisory Committee meeting set for October 18th. The analyst anticipates a positive panel vote and maintains its Overweight on Isis and an $18 price target.
Smith & Wesson Holding Corporation (NASDAQ:SWHC) and Sturm Ruger & Company(NYSE:RGR) last week saw a sell-off in their shares which Benchmark Co. thinks was overdone, pointing to handgun National Instant Criminal Background Check Systems, which were still up 23 percent in September, in the face of somewhat slower long gun growth. The analyst maintains Buy ratings on both stocks.