International Game Technology (NYSE:IGT) posted a lower than expected third quarter earnings, but BMO Capital maintains that the firm’s product sales growth is compelling, and keeps its $20 price target and Outperform rating.
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Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) reported second quarter results that pointed to higher Acthar estimates, and Piper Jaffray increased its price target for the company, reiterating its Overweight rating on the shares.
Cynosure, Inc. (NASDAQ:CYNO) sees Citigroup increasing its estimates and price target, subsequent to the firm’s second quarter results and maintains its Buy. Citi forecasts that consensus earnings estimates for Cynosure will move notably higher as Cellulaze placements push impressive sales growth and higher margins.
Kellogg Company (NYSE:K) had its estimates reduced by UBS because of lower revenues from the Pringles purchase, driven by weakness in the Euro and sluggish domestic volumes. Shares are rated Neutral.
Polaris Industries, Inc. (NYSE:PII) sees its price target maintained at $100 by BMO Capital, along with its Outperform. The firm posted a
beat and raise quarter but its shares sold off Tuesday; the analyst thinks that the decline was ignited by worries concerning competition, a slowing economy, and increased channel inventory, but at the same time, believes that the worries are misplaced.
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