Costco: Analysts' New Targets, Estimates
Click here for Analysts' Upgrades, Downgrades.
Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
) --
AutoZone
(AZO) - Get Report
estimates, target raised at Citigroup. Shares of AZO now seen reaching $265. Estimates also increased, as the company continues to expand its margins and repurchase stock.
Franklin Resources
(BEN) - Get Report
price target lifted at Barclays to $147 from $131. Higher AUM forecast and increased equity market returns, Barclays said. Maintain Overweight rating.
Peabody Energy
(BTU) - Get Report
target upped at Morgan Stanley to $74. Company should benefit from a better pricing environment. Overweight rating.
Costco
(COST) - Get Report
target increased at Goldman to $77, Goldman Sachs said. Company is growing sales an can realize higher margins. Buy rating.
Cepheid
(CPHD)
estimates, target upped at UBS. CPHD estimates were boosted through 2011, UBS said. New TB test should gradually add to earnings. Neutral rating and new $26 price target.
Deckers Outdoor
(DECK) - Get Report
target boosted at Sterne to $24. UGG brand continues to grow ahead of plan. Buy rating.
Darden Restaurants
(DRI) - Get Report
target, estimates boosted at Barclays. DRI price target improved to $57 from $51. Expecting strong 2Q11 results on Dec. 20 due to improving industry comps and ongoing cost savings, Barclays said. 2011 and 2012 EPS estimates raised to $3.35 and $3.85, respectively. Maintain Overweight rating.
Education Management
(EDMC)
numbers lowered at Goldman. EDMC estimates were cut through 2013, Goldman Sachs said. New credit facility carries higher an interest rate. Neutral rating and $12.50 price target.
Eaton Vance
(EV) - Get Report
price target raised at Barclays. EV price target increased to $34 from $29 to reflect stock market appreciation and positive mix shift in assets, Barclays said. Maintain Equal Weight rating.
Fluor
(FLR) - Get Report
target, estimates boosted at Credit Suisse. FLR price target surged to $84 from $66. Oil & gas markets are turning, mining opportunities are underappreciated and margins have upside potential, Credit Suisse said. FLR 2011 and 2012 EPS estimates lifted to $3.40 and $4.35, respectively. Reiterate Outperform rating.
Fortune Brands
(FO)
target boosted at Goldman. Shares of FO now seen reaching $68, according to Goldman Sachs. Breakup should help boost shareholder value. Neutral rating.
Corning
(GLW) - Get Report
estimates, target boosted at Citigroup to $22.50, according to Citigroup. Estimates also upped, as demand is improving and inventories are clearing out. Buy rating.
Corning
(GLW) - Get Report
estimates, target reduced at Goldman. Shares of GLW now seen reaching $19, according to Goldman Sachs. Estimates also cut, as the company is facing higher taxes and margin headwinds. Neutral rating.
Starwood Hotels
(HOT)
numbers raised at Goldman. Shares of HOT now seen reaching $70, according to Goldman Sachs. Company is positioned well to benefit from a long upcycle. Buy rating.
Intuitive Surgical
(ISRG) - Get Report
estimates raised at Goldman . ISRG estimates were increased through 2014, according to Goldman Sachs. Company should benefit from higher near-term instrument pricing. Sell rating and $240 price target.
Invesco Limited
(IVZ) - Get Report
price target higher at Barclays. IVZ price target raised to $32 from $27. Increased targets reflects synergies from the Van Kampen retail acquisition, Barclays said. Maintain Overweight rating.
Korn/Ferry International
(KFY) - Get Report
price target higher at Credit Suisse. KFY price target increased to $20 from $18 on strong 2Q10 results with all segments beating estimates, Credit Suisse said. Maintain Neutral rating.
L-3 Communications
(LLL) - Get Report
estimates increased at Oppenheimer. LLL estimates were raised through 2011, Oppenheimer said. Company is buying back more stock. Perform rating and $80 price target.
Nike
(NKE) - Get Report
estimates, target increased at Sterne. NKE estimates were raised through 2012, Sterne Agee said. Company continue to see robust growth in emerging markets, especially China. Buy rating.
Nokia
(NOK) - Get Report
estimates reduced at Oppenheimer.NOK estimates were lowered through 2011, Oppenheimer said. Company continues to see weakness in Europe and India. Perform rating.
Omnicare
(OCR)
target upped at Goldman. OCR target was boosted to $27, Goldman Sachs said. New CEO has a solid track record. Neutral rating.
SAIC
(SAI)
estimates, target cut at Jefferies.Shares of SAI now seen reaching $19, according to Jefferies. Estimates also lowered, as the company faces sales and margin headwinds. Buy rating.
Suntech Power
(STP)
price target boosted at Citi to $10.50 from $8.50 on strong 2011 guidance, Citigroup said. 2011 EPS estimate raised to $1.39 from $1.03. Maintain Hold rating.
Seagate Technology
(STX) - Get Report
target boosted at Brean to $18, according to Brean Murray. Company has increased borrowing and will buy back more stock. Buy rating.
WMS Industries
(WMS) - Get Report
price target higher at Credit Suisse. WMS price target raised to $55 from $52 as capital budgets should continue to improve in 2011, Credit Suisse said. Maintain Outperform rating.
Yum! Brands
(YUM) - Get Report
target boosted at Morgan Stanley to $54, according to Morgan Stanley. Company continues to grow in emerging markets, especially China. Overweight rating.
This article was written by a staff member of TheStreet.