Abbott Laboratories (NYSE:ABT) had its positive rating reissued by analysts at Goldman Sachs Group Inc..
Apollo Global Management (NYSE:APO) had its buy rating reissued by analysts at UBS AG. The firm currently has a $37.00 price target on the stock.
Aruba Networks (NASDAQ:ARUN) had its outperform rating reiterated by analysts at JMP Securities. The firm currently has a $22.00 target price on the stock. The analysts wrote, “We reiterate our Market Outperform rating and $22 price target on Aruba Networks as our channel checks suggest sales momentum was strong in F1Q14, and we are raising our F1Q14 estimate to EPS of $0.14 on revenues of $158.6M from the same earnings on revenues of $157.6M. The company reports results on Thursday, November 21 and our prior estimate was in line with consensus. We also believe the company’s F2Q14 guidance will be at least in line with the consensus estimate for EPS of $0.16 on revenues of $166M, and we are bumping up our estimate to match consensus. In addition, we feel that management will reaffirm its target for generating 20% growth in 2H14 and 20% operating margins in F4Q14. Given that ARUN traded off 10% yesterday on cautious comments from other analysts, we feel the pull-back represents a buying opportunity. We feel that shares are attractive at 19x our CY14 EPS as the company is re-accelerating its growth back to 20%, and we believe it will trade at a premium to its growth. Our channel checks suggest demand was healthy during the quarter, especially for the company’s new access management and mid-range solutions – the ClearPass and Instant product lines.”
Cracker Barrel Old Country Store (NASDAQ:CBRL) had its buy rating reissued by analysts at Argus. Argus currently has a $120.00 target price on the stock.
Celadon Group (NYSE:CGI) had its buy rating reaffirmed by analysts at Stifel Nicolaus. The firm currently has a $22.00 price target on the stock, up from their previous price target of $21.00. The analysts wrote, “Celadon Group announced on Monday that it has agreed to acquire selected assets of N. Yanke Transfer Limited, a Saskatoon, Saskatchewan based trucking company. Yanke generated $90 million in revenue in 2012 and operates approximately 300 tractors, including over 100 expedited trucks. The additional 300 tractors represent an approximate 10% increase to Celadon’s fleet size (prior to the acquisition, F1Q14 average tractor count was 3,024).”
Clorox (NYSE:CLX) had its hold rating reiterated by analysts at BMO Capital Markets. They currently have a $88.00 target price on the stock.
Chipotle Mexican Grill (NYSE:CMG) had its positive rating reiterated by analysts at Morgan Stanley. The analysts wrote, “Increasing our PT for CMG shares to $594, from $485. Our PT is for ’14 and uses CMG’s 37x average NTM P/E. We are also tweaking our DCF model. We believe CMG will hold its average multiple given strong top-line momentum and an easing commodity cost environment, which limits the risk to estimates.”
salesforce.com inc. (NYSE:CRM) had its buy rating reiterated by analysts at Nomura. Nomura currently has a $65.00 price target on the stock, up from their previous price target of $50.00. The analysts wrote, “Salesforce.com reported another strong quarter of revenue and billings growth and is expected to announce a new Salesforce One mobile product platform and strategic relationships today at its annual Dreamforce user group meeting, to be attended by a reported 130,000 users. We are attending this and the company’s analyst meeting. Revenue growth of 36% was a bit above the Street expectation of 33%. Billings growth of 37% (we estimate 26% on an organic, cc basis) was also ahead of the Street. Valuation is rich, but the company continues to innovate and provide upside to expectations. The shares are Buy rated and we raise our target price to $65 from $50.”
Crocs (NASDAQ:CROX) had its neutral rating reissued by analysts at Goldman Sachs Group Inc.. They currently have a $13.00 target price on the stock.
Intellipharmaceutics (NASDAQ:IPCI) had its buy rating reiterated by analysts at Brean Capital. They currently have a $7.00 target price on the stock.
JinkoSolar Holding Co. (NYSE:JKS) had its buy rating reaffirmed by analysts at Credit Suisse. They currently have a $32.00 price target on the stock.
Qihoo 360 Technology (NASDAQ:QIHU) had its buy rating reissued by analysts at Maxim Group. They currently have a $96.00 price target on the stock. The analysts wrote, “QIHU is reporting its 3Q13 earnings results on Monday, November 25, before the Market opens, with a conference call scheduled for 7:30am EST. We expect both 3Q13 revenue and 4Q13 revenue guidance to beat consensus estimates by a reasonable margin, driven by search revenue ramp ups and an increase in online ad budgets towards the year end.”
Ross Stores (NASDAQ:ROST) had its buy rating reissued by analysts at UBS AG. The firm currently has a $80.00 price target on the stock.
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