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Research In Motion Limited (NASDAQ:RIMM): Citigroup predicts that the results and guidance for Research in Motion on June 28 will disappoint investors, and the firm does not see RIM as an acquisition target nor that it looks to sale. Citigroup maintains a sell rating with a price target of $9.50 on the stock.
Dish Network Corp. (NASDAQ:DISH): Investors’ main opinion, according to Citigroup, is that Dish may possibly sell to to DirecTV (NASDAQ:DTV) or AT&T (NYSE:T), but Citi does not see enough competition in the video market to allow either company to acquire DISH. The firm believes that Department of Justice might block any deal between DISH and DirectTV, and the Department of Justice and the FCC would possibly block any deals between DISH and AT&T. Citi does not see a great chance for DISH’s takeover under the current Administration, but Citi does believe there is a 25% chance of a deal for Sprint (NYSE:S) and T-Mobile USA, keeping Citi a purchaser of Sprint shares.
NuVasive, Inc. (NASDAQ:NUVA): After speaking with spine physicians, Leerink claims to have gained positivity in regards to NuVasive’s prospects and ability to exceed sales guidance for 2012. After checks, Leerink believes there are stabilizing industry spine volume trends influencing the firm to maintain its Outperform rating on shares of NuVasive.
Cummins Inc. (NYSE:CMI): According to Credit Suisse, Cummins shares may be choppy due to macro concerns, but the company will probably outgrow its core markets longer term. The firm gives Cummins oun Outperform rating.
General Mills Inc. (NYSE:GIS): Morgan Stanley sees shares of General Mills at compelling levels and believes there is an upside perpetuated by Yoplait’s earnings growth as well as margin expansion. The shares hold an overweight rating and a price target of $44.
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