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Varian Medical Systems Inc. (NYSE:VAR) appointed a new CEO and announced an expansion to its share repurchase plan, and Cantor is pleased by these moves but still believes that the company is facing numerous near-term headwinds. The firm expects these headwinds to keep the stock range-bound within the next few months, and it keeps a Hold rating.
Catamaran (:CTRX) weakness creates a buying opportuinty, according to Leerink.
Penn National Gaming Inc. (NASDAQ:PENN) Q3 results may be disappointing, according to Goldman, who reiterates a Sell rating with a lowered price target on the stock.
eBay Inc. (NASDAQ:EBAY): According to Piper Jaffray, the monthly sales data from ChannelAdvisor is positive for eBay, and it is in-line for Amazon.com (NASDAQ:AMZN). Piper thinks that ChannelAdvisor’s same-store sales suggest an upside to its eBay U.S. GMV estimates of 13 percent year-over-year.
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