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Francesca’s Holdings Corp (NASDAQ:FRAN) reported higher Q3 EPS than previous predicted, and RBC Capital is convinced that the company’s results, guidance, and positive commentary should start lowering investors’ concerns regarding the stock. The firm believes that the company’s results are solid, and it keeps its Outperform rating on the stock.
Sotheby’s (NYSE:BID) Q4 earnings estimate has been reduced by Citigroup to $1.05 from $1.25, which is lower than the consensus estimate of $1.09 due to weaker than expected aggregate auction sales results. The firm reiterates its Neutral rating on the stock.
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Synopsys Inc. (NASDAQ:SNPS): According to Needham, Synopsys reported solid Q4 results and shares provide an attractive investment in an uncertain environment. The firm keeps its Buy rating and raised its price target to $38 from $36 on the stock.
MetLife, Inc. (NYSE:MET): Barclays has downgraded the U.S. Life Insurance sector because of the ongoing low interest rates, increased hedging costs, and low earnings growth. As part of the change, the firm also downgraded MetLife to Equal Weight from Overweight.
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