Spirit Airlines is a BUY and 4 Stock Analyses Grabbing Attention Today

DreamWorks Animation SKG Inc. (NASDAQ:DWA) shares should open lower this morning after the company showed in-line Q2 results, according to Piper Jaffray. The firm believes that the sell-off provides an interesting opportunity to raise positions, and it keeps an Overweight rating and a $23 price target on the stock. Piper states that Madagascar 3 continues to outperform and a distribution deal announcement is probable.

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Command Center, Inc (CCNI): At 07:02 EDT, Command Center, Inc reported that its July revenue is up 13.3 percent to $8.12 million.

Allegiant Travel Company (NASDAQ:ALGT): Dahlman Rose downgraded the Airlines sector to Cautious from Optimistic because of valuations, peak load factors, and difficult PRASM comparisons ahead. The firm dropped Delta Air Lines (NYSE:DAL), Republic Airways (NASDAQ:RJET) and United Continental (NYSE:UAL) to Hold from Buy and Allegiant Travel (NASDAQ:ALGT), JetBlue (NASDAQ:JBLU) and Sky West (NASDAQ:SKYW) to Sell from Neutral.

QUALCOMM Inc. (NASDAQ:QCOM) has been rated Conviction Buy by Goldman after a management meeting. The firm keeps expecting a strong “snap-back” in Q4 demand with the iPhone 5 launch as well as other device launches.

Spirit Airlines Inc. (NASDAQ:SAVE): According to Citigroup, Oaktree Capital’s intention to sell down its remaining 9.4 million Spirit Airlines shares is a positive for the stock. The firm suggests buying on any weakness from the news.

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