Starbucks Maintains Outperform Rating and 4 Stock Analyses Making Waves
Starbucks Corp. (NASDAQ:SBUX): After Starbucks reported weaker than expected results and provided lower than expected fourth quarter earnings per share guidance, Oppenheimer thinks the company can beat newly lowered expectations. The firm expects Starbucks’s comps to remain in the “healthy mid-single digits” and an Outperform rating is maintained.
Constant Contact, Inc. (NASDAQ:CTCT): After Constant Contact reported higher than expected revenue, but lower than expected profitability, Oppenheimer believes that the company’s key leading indicators are trending in the right direction. The firm reiterates an Outperform rating on their stock.
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VirnetX Holding Corp (AMEX:VHC): Gilford Securities believes that recent concerns surrounding VirnetX Holding Corp., appear both inaccurate and unwarranted and they remain confident in VirnetX’s legal strategy as well as their ability to augment their core licensing model. The firm reiterates a Buy rating on their stock with a $65 price target.
Electronic Arts, Inc. (NASDAQ: EA): Ahead of their first quarter results, Brean Murray lowered their price target on Electronic Arts, Inc. This pull back, was due to the industry’s struggles in their transition to digital media, unrealistic expectations for their Star Wars MMO game, as well as a devaluation of their investments in the social and mobile areas. However, Brean Murray believes that EA will make a successful transition. They maintain their Buy rating.
CONSOL Energy Inc. (NYSE:CNX): Following their second quarter results, Brean Murray raised their price target on CONSOL Energy. The firm cited their cost reductions, rising natural gas prices, and operational excellence. Shares are Buy rated.
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