Active Stock Alerts: Breitburn, Harley-Davidson, Vitamin Shoppe, Phillips-Van Heusen, Weingarten Realty May 9th
Breitburn Energy Partners LP (NASDAQ:BBEP): After BreitBurn reported weaker than expected Q1 results, Oppenheimer continues to predict that the company’s distribution will increase significantly during the rest of this year. The firm maintains a $23 target and Outperform rating.
Harley-Davidson, Inc. (NYSE:HOG): After conducting channel checks in April and early May, Wells Fargo believes that Harley-Davidson’s U.S. sales are up in the low double digits. The firm raised its valuation range on the stock to $58-$61 from $54-$57 and maintains an Outperform rating.
Vitamin Shoppe, Inc. (NYSE:VSI): Baird raised its price target on Vitamin Shoppe following better than expected Q1 results citing healthy demand,improved margins, and online sales increases. Shares are Outperform rated.
Phillips-Van Heusen Corp. (NYSE:PVH): After PVH’s stock came under pressure due to Q1 misses by other companies that were triggered by European weakness, Wells Fargo notes that PVH recently reported positive metrics for its European business. The firm sees PVH’s risk/reward ratio as positive and maintains an Outperform rating on the stock.
Weingarten Realty Investors (NYSE:WRI): Wells Fargo increased its valuation range on Weingarten Realty after the company reported in-line Q1 FFO. The firm thinks that the company’s Q1 retail operating statistics showed positive momentum, and it maintains an Outperform rating.
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