Terex Remains ATTRACTIVE and 4 Stock Analyses Making the Rounds
United Technologies Corp. (NYSE:UTX): After the company reported lower than expected second quarter revenue and provided weaker than expected 2012 guidance, Oppenheimer reduced their target on United Technologies. Nevertheless, the firm still believes that, over the long term, the current stock price will prove to be an attractive entry point. They maintain an Outperform rating.
Facebook, Inc. (NASDAQ:FB): Morgan Stanley is encouraged by early indications of sponsored stories monetization, which helped Facebook, Inc., deliver year-over-year price increases. The firm expects accelerating ad growth and expanding margins to drive shares higher. Shares are Overweight rated with a $38 price target.
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.
Terex Corp. (NYSE:TEX): In spite of their run-up, yesterday, following their second quarter results, Baird said the risk/reward for Terex remains attractive. The firm cited their margin expansion, improved pricing and acceleration in crane orders. Shares are Outperform rated with a $28 price target.
Arctic Cat Inc. (NASDAQ:ACAT): After the company reported higher than expected first quarter earnings per share, BMO Capital increased their target on Arctic Cat Inc. The firm believes that the company’s guidance is conservative and it maintains an Outperform rating.
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