Transcept Analyst Remains Bullish and 4 Must-See Stock Insights
Dick’s Sporting Goods Inc. (NYSE:DKS) price target has been increased by Baird after its Q3 results exceeded expectations due to broad based strength, e-commerce improvements, and margin expansion. Shares have an Outperform rating.
AECOM Technology Corporation (NYSE:ACM) reported in-line operating EPS, while indicating its expectations of flat to modest revenue growth for FY13 and the shares fell. DA Davidson believes that this decline creates a buying opportunity. The firm also mentions that the stock’s valuation continues to be very low versus its peers and historical norms. The firm keeps its Buy rating on the stock.
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MBIA Inc. (NYSE:MBI): BTIG believes that the sell-off of the company’s shares yesterday after Bank of America (NYSE:BAC) launched a tender for the company’s notes is overdone. BTIG thinks that BofA’s tender indicates the bank’s vulnerability and believes that MBIA has the ability to challenge the legality of the move.
Jacobs Engineering Group Inc. (NYSE:JEC) is expected by Sterne Agee to report strong FY13 results, and the firm keeps its Buy rating and a $55 price target on the stock.
Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT): Cowen continues to have a bullish stance on Transcept Pharmaceuticals after its Q3 results due to results of a patient survey that suggests that Intermezzo addresses a significant need. Cowen sees large upside potential for the medication, which leaves the shares undervalued. Shares have an Outperform rating.
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