Amgen Inc. (NASDAQ:AMGN) price target has been increased by Citigroup before the company’s Q3 results, and the firm reiterates its Buy rating on the stock.
Edison International (NYSE:EIX) is seen by Bernstein to be the most profitable, best regulated, and fastest growing U.S. regulated utility, and it should benefit from a raised dividend payout. Shares have an Outperform rating and a $52 price target.
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SIRIUS XM Radio Inc. (NASDAQ:SIRI) has been added to Bank of America Merrill Lynch’s U.S. 1 List based due to underlying growth in the OEM auto market as well as opportunities in the secondary auto market. Shares have a Buy rating and a $4 price target.
Aruba Networks, Inc. (NASDAQ:ARUN): William Blair recommends using Aruba Networks’ recent weakness as an opportunity to add to positions in the name. According to the firm, its recent channel checks indicate strength in Aruba’s business, and Q1 consensus estimates for the company are beatable. William Blair maintains its Outperform rating on the stock.
Royal Bank of Scotland Group plc (NYSE:RBS) is believed by Bernstein to have the ability to obtain a higher price for its branches than the GBP1B distressed price that was implied by Royal Bank’s current share price. The firm believes that Royal Bank will report strong results for Q3.
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