Zipcar Price Target Reduced to $24, Deutsche Bank Removes Vanguard Health from Buy List

Zipcar Inc(NASDAQ:ZIP): After Zipcar’s (NASDAQ:ZIP) shares sank 14% following its Q4 results, Oppenheimer believes that the company’s weaker than expected guidance was caused by temporary factors in the U.K. The firm reduced its target to $24 from $32 but maintains an Outperform rating.

Con-way Inc.(NYSE:CNW): Con-way added to the short-term buy list at Deutsche Bank

Vanguard Health Systems, Inc.(NYSE:VHS): Vanguard Health removed from short-term buy list at Deutsche Bank

Phoenix New Media Ltd ADR(NYSE:FENG): Phoenix New Media named a long Research Tactical Idea at Morgan Stanley

Fidelity National Information Services, Inc.(NYSE:FIS): Oppenheimer raised its target on Fidelity National after the company increased its dividend and provided FY12 guidance that the firm views as encouraging. The firm forecasts that the stock’s multiple could increase over time and it maintains an Outperform rating.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com