Warnaco Price Target RAISED and 4 Stock Analyses Driving the Market
Warnaco Group Inc. (NYSE:WRC) price target has been increased by Brean Murray after meeting with management. The firm thinks that the worst has passed fot the company, and it sees material near and long term top and bottom upside levers along with ongoing margin expansion. Shares have an Outperform rating.
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Mistras Group, Inc. (NYSE:MG): According to Baird, the pullback in Mistras after its Q4 results creates a buying opportunity. The firm stated the company’s guidance supports Baird’s long-term thesis of double digit top line growth and margin expansion. Shares have Outperform rating and a $26 price target.
Briggs & Stratton Corp. (NYSE:BGG) price target was reduced by Baird after Q4 results. The firm blamed softness in demand and European macro conditions, but keeps its Outperform rating due to valuation and possible improvements in the consumer and housing sector.
Monster Beverage (:MNST) received a a state attorney general subpoena yesterday in regards to the company’s marketing, promotion, ingredients, and sale of its Monster Energy brand and energy drinks. UBS claimed that the subpena is generic in nature and appears to be more of a mission to find facts. The firm thinks that other companies have received subpoenas and that it will not have a negative impact on the company. Shares have a Buy rating.
Cornerstone OnDemand, Inc. (NASDAQ:CSOD) price target was increased by JMP Securities after the company reported much higher than expected billings growth. The firm mentions that the company is seeing “tremendous” demand for its SaaS learning and talent management solutions, and it keeps its Outperform rating on the stock.
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