Genworth Financial Inc. (NYSE:GNW) valuation range has been raised by Wells Fargo after the company announcement that it hired a new CEO. Also, the firm has noted that the hiring will remove any uncertainty from the stock, but it keeps its Market Perform rating on the stock.
Caterpillar Inc. (NYSE:CAT): According to Wells Fargo, the Department of Agriculture’s December WASDE report made minor forecast changes, which will likely be slightly less positive for farm cash flow. The firm believes that these changes are largely neutral to slightly negative for farm equipment stocks.
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Intel Corporation (NASDAQ:INTC) announced a new Atom chip for enterprises, which causes Oppenheimer to believe that the new chip will struggle to keep pace with competitors’ offerings. The firm still thinks that Intel’s dominant position in data centers will continue to be challenged, and it keeps its Perform rating on the stock.
Delta Air Lines Inc. (NYSE:DAL) has been removed from the short-term buy list at Deutsche Bank.
Casey’s General Stores Inc. (NASDAQ:CASY) saw a 5.5 percent rise yesterday, and now, Feitl is convinced that the increase was partly due to the possibility of the company becoming a REIT, which was discussed during the company’s conference call. The firm continues to believe that the company possibly could become a REIT if it wishes, and it keeps its Buy rating on the stock.