FedEx: 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 (
) --
Alcoa
(AA) - Get Report
estimates, target raised at Goldman. Shares of AA now seen reaching $14, according to Goldman Sachs. Estimates also increased, to reflect higher aluminum prices. Neutral rating.
Amkor Technologies
(AMKR) - Get Report
price target increased at Barclays to $9 from $6. Increased global demand for their electronic devices and products, Barclays said. Maintain Equal Weight rating.
AthenaHealth
(ATHN) - Get Report
estimates, target lowered at UBS. Shares of ATHN now seen reaching $26, according to UBS. Estimates also cut, as the company is investing more in future growth. Sell rating.
Actuant
(ATU)
estimates, target boosted at Citigroup. Shares of ATU now seen reaching $29, according to Citigroup. Estimates also upped, to match the company's new guidance. Hold rating.
Centene
(CNC) - Get Report
estimates, target boosted at Goldman. Shares of CNC now seen reaching $28, according to Goldman Sachs. Estimates also upped, to match the company's new guidance. Buy rating.
FedEx
(FDX) - Get Report
price target raised at Credit Suisse to $115 from $111. Disappointing 2Q11 results but we remain bullish given global economic growth is accelerating, Credit Suisse said. Maintain Outperform rating.
FedEx
(FDX) - Get Report
estimates, target boosted at Goldman. Shares of FDX now seen reaching $105, according to Goldman Sachs. Estimates also upped, given better domestic volume and pricing. Neutral rating.
Genuine Parts
(GPC) - Get Report
numbers increased at Goldman. GPC estimates were raised through 2012. Company continues to see strong industrial and automotive demand. Neutral rating and new $54 price target.
Lam Research
(LRCX) - Get Report
price target raised at Barclays to $66 from $44. Semiconductor test industry is picking up, Barclays said. Maintain Overweight rating.
Novellus Systems
( RIMM) price target higher at Barclays. NVLS price target increased to $36 from $31. Novellus is the clear winner in underappreciated companies that offer Alpha, Barclays said. Maintain Equal Weight rating.
Research in Motion Limited
( RIMM) price target higher at Credit to $85 from $75 on strong results and superb execution, Credit Suisse said. 2011 and 2012 EPS estimates raised to $6.29 and $7.33, respectively. Maintain Outperform rating.
Research in Motion
( RIMM) numbers raised at Goldman. Shares of RIMM now seen reaching $60, according to Goldman Sachs. Estimates also increased, as the company is seeing higher sales. Sell rating.
Southwestern Energy
(SWN) - Get Report
estimates cut at UBS through 2011, UBS said. Company is guiding toward lower production rates. Buy rating and $42 price target.
Visa
(V) - Get Report
cut from Conviction Buy List at Goldman. $93 price target. Regulatory issues will likely continue to hang over the stock.
This article was written by a staff member of TheStreet.