MKS Instruments Inc. (NASDAQ:MKSI): Even after MKS Instruments Inc. reported weaker than expected second quarter results, DA Davidson believes that the company is poised to rebound significantly in the fourth quarter. The firm thinks that the weakness in their stock today could create an attractive buying opportunity, and they reiterate a Buy rating on their shares.
Herbalife Ltd. (NYSE:HLF): DA Davidson expects Herbalife Ltd.’s second quarter results to be boosted by the expansion of their daily consumption model. The firm maintains a $72 target and Buy rating on their shares.
USG Corp. (NYSE:USG): Following USG Corp.’s second quarter results, JPMorgan viewed the sell-off, of their shares, to be overdone. The firm believes that the second quarter investor expectations were overly aggressive. They are keeping an Overweight rating on their stock.
Hanesbrands Inc. (NYSE:HBI): After Jockey launched their JKY men’s underwear brand at Target (NYSE:TGT), DA Davidson expects Hanesbrands Inc.’s revenue to be reduced by 0.4%-0.8% . However, the firm thinks that at current levels, Hanesbrands’ stock undervalues their earnings power. They reiterate a $39 target and Buy rating on their shares.
Western Digital Corp. (NYSE:WDC): In light of what the firm sees as the ongoing secular decline of PCs, ThinkEquity believes that Western Digital Corp.’s, fiscal year 2013, earnings per share guidance is too high. The firm raised the target, on their stock, from $30 to $40, and they maintain a Hold rating.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.