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Qlik Technologies, Inc. (NASDAQ:QLIK): Roth Capital lowered its target on Qlik following the company’s pre-announcement of lower than hoped Q2 revenue. Roth reduced estimates but holds to a Buy rating on shares.
Intel Corporation‘s (NASDAQ:INTC) estimates have been modified by UBS, citing AMD’s (NYSE:AMD) pre-announcement and unimpressive notebook data. UBS sees the ASML (NASDAQ:ASML) as a long-term boon to Intel and reiterates its Buy rating and price target of $34.
ClickSoftware Technologies Ltd. (NASDAQ:CKSW) is seeing its target from Roth Capital be lowered following its report of early lower than hoped Q2 results. Roth believes the fall in ClickSoftware stocks has been exorbitant and the firm is sticking to a Buy rating.
Tornox (NASDAQ:TROX): UBS reduced Tornox’s price target after Iluka’s modified 2012 volume expectations for zircon and titanium dioxide feedstock. UBS predicts Tronox will lower operating rates to reduce inventories, and due to this lowered the company’s estimates. Shares are still rated Buy.
Alcoa, Inc. (NYSE:AA): Correction: the price target for Alcoa has been lowered from $14.65 to $13 at Dahlman Rose.
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