Winnebago DRIVES Higher Earnings and 3 More Stock Insights
Winnebago Industries Inc. (NYSE:WGO): Baird claims that Winnebago showed good Q2 earnings with earnings and margins passing expectations. If the company does not announce a new stock repurchase and/or restore a meaningful dividend, the the firm believes Winnebago could see heightened pressure to extend strategic alternatives. Shares are Outperform rated with an $11 price target.
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR): In order to discuss commercialization of rheumatology drug Acthar, Questor hosted a conference call. The firm explains that Street estimates are no factor in Athcar and will have to increase. Share hold a Buy rating and a $59 price target.
QUALCOMM Incorporated (NASDAQ:QCOM): Sterne Agee believes Qualcomm and Avago (NASDAQ:AVGO) will find ramps of 4G LTE and Apple’s (NASDAQ:AAPL) iPhone beneficial, adding that Avago should see benefits from the constant dominant status of Apple’s iPad.
GeoEye, Inc. (NASDAQ:GEOY): Following GeoEye’s nearly 30% drop since early May, Benchmark sees the decline as a result of concerns involving drastic reductions within government funding for the company. Nevertheless, though a Senate committee wrote a bill providing better than expected funding for satellites, the firm does not think the deal will come to a conclusion and reiterates a Buy rating and a $30 price target on shares of GeoEye.
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