Viacom Target Raised to $62 and 2 Stock Analyses Spark Chatter

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): After the company reported lower than expected third quarter earnings per share, RBC Capital increased their target on Freeport McMoRan Copper & Gold Inc. as they believe that the company’s production should trough in the third quarter and rebound strongly thereafter. The firm maintains an Outperform rating on their stock.

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>

Viacom Inc. Class A Common Stock (NYSE:VIA): RBC Capital doesn’t expect Viacom Inc. Class A Common Stock to report significantly lower than expected results in coming years and the firm thinks the stock’s valuation is attractive. They raised the target on their stock from $54 to $62 and maintain an Outperform rating.

Volterra Semiconductor Corporation (NASDAQ:VLTR): After Volterra Semiconductor Corporation reported higher than expected third quarter earnings per share but lower than expected revenues, JMP Securities expects the company’s server power management business to grow. They also anticipate that during this quarter, their gross margins should rise. The firm belives that the company will meet their fourth quarter guidance and JMP Securities reiterates an Outperform rating on their stock.

Investing Insights: Yahoo! Inc. Earnings: Investors Bid Stock Up on Heels of Good News.

More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business