TTM Technologies Inc. (NASDAQ:TTMI) target has been lowered by Stifel Nicolaus following the company’s lower than expected Q4 EPS guidance, and it also reduced its long-term margin guidance. The firm still thinks that that any rebound in networking/telecom has the potential to commence a margin recovery for the company, and it keeps its Buy rating on the stock.
Microsoft Corporation (NASDAQ:MSFT): After it reviewed Surface and Windows 8, Stifel Nicolaus is positive about the products and thinks that the sentiment surrounding Windows 8 is too negative. The firm thinks that Microsoft’s Windows business will grow during 2013, which drives higher than expected EPS and multiple expansion in the near future. The firm keeps its Buy rating and a $36 price target on the stock.
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CarMax Inc. (NYSE:KMX): According to Oppenheimer, data suggests that near-term sales trends in CarMax’s core used car division have continued to improve. The firm predicts that improved sales trends have the ability to attract a possible substantial flow of funds into the shares, and it keeps its Outperform rating on the stock.
Cameco Corp. (NYSE:CCJ) target has been lowered by BMO Capital following the company’s report of lower than expected adjusted Q3 EPS. The firm notes that the company decided to keep its 2012 uranium sales guidance, and the firm keeps its Outperform rating on the stock.
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