Pandora Sees Raised Q3 Estimates and 3 Stock Analyses to Notice Now
Computer Sciences Corporation (NYSE:CSC): After the company sold their Credit Services business, Stifel Nicolaus increased their target on Computer Sciences Corporation. The firm believes that the company’s reiteration of their fiscal year 2013 guidance since the sale indicates that their cost-cutting initiatives continue to gain traction and they maintain a Buy rating on their stock.
Northern Oil and Gas, Inc. (AMEX:NOG): Due to relative valuation versus other Bakken peers and potential growth in Richland County Montana, SunTrust named Northern Oil and Gas, Inc. a Top Pick. Shares are Buy rated with a $23 price target.
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rue21, Inc. (NASDAQ:RUE): J.P Morgan attributes sluggish comps for the pressure in rue21, Inc.’s shares, but anticipates that they will post a 20% earnings growth again in fiscal year 2013. The firm believes the stock is undervalued at current levels and maintains an Overweight rating..
Pandora Media Inc (NYSE:P): Ahead of tonight’s earnings report and due to improving desktop and mobile RPMs, SunTrust raised Pandora’s third quarter revenue estimate from $115.8 million to $117.3 million. The firm’s third quarter earnings per share estimate remains at 2c above the Street’s estimate of 1c. Shares are Buy rated and a Top Pick with a $15 price target.
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