InterOil Corporation (NYSE:IOC): According to the Dow, Shell is in conference and is talking about purchasing InterOil Corporation’s Papua New Guinea license.
Western Digital Corp. (NYSE:WDC): After the company reported better than expected fourth quarter results, FBN Securities raised their price target for Western Digital. FBN said they are now incrementally more bullish about the hard disk drive space, and raised their price target for Seagate (NASDAQ:STX) from $30 to $35 .
GT Advance Technologies Inc. (NASDAQ:GTAT): Stifel Nicolaus expects that after they release their second quarter results, on August 1., GT Advanced Technology Inc.’s solar business will be a headwind. The firm believes that the company has an attractive valuation, and several new growth drivers. A Buy rating is maintained on their shares.
Citrix Systems, Inc. (NASDAQ:CTXS): Morgan Stanley said Citrix Systems, Inc’s second quarter report was mixed, but estimates remain unchanged and shares continue to be “cheap.” Shares are Overweight rated with a $90 price target.
Thermo Fisher Scientific, Inc. (NYSE:TMO): Following strong second quarter results, Baird said that Thermo Fisher Scientific, Inc., remains a top pick. The firm noted lowered expectations from the current macro environment but said, due to their high recurring revenue mix, cost management, and capital deployment flexibility, they are confident the company can outperform. Shares are Outperform rated with a $66 price target.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.