Triple-S Analyst Predicts Conversion and 3 Stock Analyses Buzzing Today
EQT Corporation (NYSE:EQT): Baird recommends purchasing EQT Corporation shares due to the company’s recent weakness, and the firm has named it a top gas idea due to the company’s production growth, well funded capital structure, and potential monetizations. Shares have an Outperform rating and an $80 price target.
Novavax, Inc. (NASDAQ:NVAX): Following reports from the Centers for Disease Control that flulike cases saw a spike last week, Piper Jaffray has claimed that concerns about the 2012/2013 flu season could possibly increase Novavax shares. The firm keeps its Overweight rating and a $3 price target on the stock.
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Triple-S Management Corporation (NYSE:GTS): According to Wells Fargo, Triple-S’ roughly 9 million Class A common shares could possibly be convertible to Class B common shares after December 6, 2012. The firm predicts that the conversion could possibly place pressure on Triple-S’ stock, since Class A shares aren’t publicly traded. Wells keeps its Market Perform rating on the stock.
Regal Beloit Corporation (NYSE:RBC) decided to keep its 2015 financial targets, influencing RBC Capital to raise its target on the stock since the firm believes that the company’s margins have the ability to expand at the pace anticipated by Regal. The firm keeps its Outperform rating on the stock.
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