Whole Foods AFFECTED by Competition and 4 Stock Analyses Trending Today
Whole Foods Market, Inc. (NASDAQ:WFM) stock came under pressure because of the results and comments of competitors causing RBC Capital to expect the Q3 results for the company to reflect that the company’s sales trends remain stable. The firm keeps an Outperform and a $97 price target on the stock.
Sina Corp. (NASDAQ:SINA): Because the company’s Weibo microblog played a positive role in the rainstorm rescue effort this past weekend in Beijing, ThinkEquity is not as concerned about threats to Sina’s existence through the long term. The firm keeps a Buy rating and an $87 price target on the stock.
Zynga, Inc. (NASDAQ:ZNGA) shares reflect a Q2 miss and that positive data trends are being overlooked by investors, according to Morgan Stanley. The analyst predicts that Zynga will report in-line, which may result in a short squeeze. Shares have an Overweight rating and a $12 price target, down from $13.
Gold Resource Corporation (AMEX:GORO) Q2 production miss is a short-term issue, and the firm predicts that the company’s performance will improve. The firm keeps its Buy rating but raises its price target from $32 to $35 on the stock.
Callidus Software Inc. (NASDAQ:CALD): According to Roth Capital, concerns raised by a competing firm regarding Callidus are unfounded, and the firm believes that the company’s deal flow saw a healthy quarter, last quarter. The firm keeps a Buy rating and a $10 price target on shares.
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