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Brocade Communications Systems, Inc. (NASDAQ:BRCD): Wells Fargo states that Brocade Communications Systems, Inc. reported solid fourth quarter results, but said that their enterprise Ethernet sales were disappointing. Wells believes that improved enterprise Ethernet momentum is likely needed for the shares to move higher from current levels and keeps a Market Perform rating on their name.
NCR Corp. (NYSE:NCR): Due to valuation, better margins and visibility, and reduced pension fund issues, J.P Morgan added NCR Corp. to their Focus List. Shares are Overweight rated with a price target of $30.
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Travelzoo Inc. (NASDAQ:TZOO): After weakness in October, Benchmark Co. said their channel checks indicate that Travelzoo Inc.’s local channel is enjoying a modest resurgence this month. However, the firm believes that shareholders hoping for a substantial turnaround are likely to be disappointed and keeps a Hold rating on their stock.
Sirona Dental Systems Inc. (NASDAQ:SIRO): Cantor anticipates that Sirona Dental Systems Inc.’s investments in 2011 and 2012 have put them in a good position for sustainable, above-market growth beyond 2013. The firm raised their price target for shares and keeps a Buy rating on their name.
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