- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Brightcove Inc. (NASDAQ:BCOV): Stifel Nicolaus believes that Brightcove’s 30% decline since May 3 was spurred by concerns about deferred revenue and slowing video stream growth. The firm isn’t concerned by either of the issues as it believes that the company is poised for significant growth. Stifel maintains a $28 target and Buy rating on the shares.
Molina Healthcare Inc. (NYSE:MOH): BofA/Merrill lowered Molina estimates following the company’s reduced outlook due to higher costs in Texas. Shares are Underperform rated. Susquehanna lowered its price target on Molina Healthcare following its withdrawal of earnings guidance due to a higher than expected medical loss ratio on new membership in Texas. Shares are Neutral rated.
TravelCenters of America LLC (AMEX:TA): TravelCenters (AMEX:TA) has entered a memorandum of understanding with Shell (RDS.A) Oil Products US and its affiliates to construct and operate a network of natural gas fueling lanes at TA locations along the U.S. Interstate Highway System. Shell will construct and TA will operate at least 200 natural gas fueling lanes on at least 100 TA locations. Additional TA locations may be added depending upon customer demand. Details of the agreement between TA and Shell are expected to be completed during an exclusive negotiating period, and the first natural gas fueling lanes for trucks traveling along the U.S. Interstate Highway System are expected to be operational at TA locations during 2013.
Schlumberger Limited (NYSE:SLB): Macquarie likes Schlumberger’s international deep-water exposure, seismic demand growth, and compelling valuation. Shares are Outperform rated with an $88 price target.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.