NXP Semiconductors NV (NASDAQ:NXPI) is recommended to be bought on weakness by Sterne Agee. The firm stated the the company had a solid Q2 and that slowing gross margin improvement was because of new product design ramps.
Sarepta Therapeutics Inc. (:SRPT) price target was increased after positive eteplirsen data in Duchenne Muscular Dystrophy.
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Sanofi-Aventis (NYSE:SNY): Deutsche Bank thinks that a warning letter sent to Sanofi from the FDA which documents deficiencies in good manufacturing practices at the company’s Toronto, Canada and Marcy L’Etolie, France vaccine production sites will not have much affect on sales. The firm maintains its Buy rating on the stock.
Lexmark International Inc. (NYSE:LXK) estimates were cut by Deutsche Bank due to deteriorating demand conditions. Shares have a Hold rating.
Celanese Corp. (NYSE:CE) price target was reduced because of its cautious outlook, but the firm still views risk/reward as favorable. Shares have a Buy rating.
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