Whole Foods Growth CONTINUES and 4 Stock Analyses Making Waves
Whole Foods Market, Inc. (NASDAQ:WFM) is still in a good position following its strong Q3 results, according to Cowen. the firm claimed that its growth thesis is still intact due to expanding store level cash returns, accelerating store growth, and improved market share. Shares have an Outperform rating.
LSI Corporation (NYSE:LSI): Following the company’s lower than expected Q3 revenue guidance, ThinkEquity predicts it will gain market share throughout 2H12. The firm keeps a Buy rating but reduces its target to $9 from $12 on the stock.
Facebook, Inc. (NASDAQ:FB): According to Needham, the sell-off in shares of Facebook after Zynga (ZB) reported weaker Q2 results than expected is overdone. Needham notes that Zynga blamed part of its shortfall on Facebook shifting its focus to discovery of new games and away from Zynga. The firm maintains a Buy rating and a $40 price target on the stock.
ATMI Inc. (NASDAQ:ATMI): Following the company’s reported in-line Q2 EPS, DA Davidson lowered its target on the stock, since its checks showed that wafer starts slowed during 2012. The firm still thinks that the company is executing well, and it keeps a Buy rating.
Linkedin Corporation (NYSE:LNKD) must exceed above guidance expectations and issue a strong outlook for shares to move higher after the company’s Q2 results tonight, according to Needham. The firm maintains a Hold rating on the stock into the earnings report due to valuation.
Don’t Miss: Why is Zynga CRASHING?
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.