Chesapeake Energy Corporation (NYSE:CHK): Stifel Nicolaus expects Chesapeake’s multiple to increase as the company reduces its costs and conducts more asset sales.The firm believes that the probability of the company conducting more asset sales has increased after Carl Icahn announced a 7.6% stake in the company. Stifel maintains a Buy rating.
eBay Inc. (NASDAQ:EBAY): eBay price target raised to $49 from $45 at Morgan Stanley.
Vera Bradley, Inc. (NASDAQ:VRA): Baird said Vera Bradley remains an under-appreaciated retail growth story and anticipates Q1 results to be a positive catalyst. The firm remains positive on the company’s growth prospects, attractive category position, and potential for multiple expansion. Shares are Outperform rated with $41 price target.
Qlik Technologies, Inc. (NASDAQ:QLIK): Baird said Qlik Technologies has sold off due to concerns regarding Europe however channel checks suggest no change in unit demands. Baird would be aggressive buyers on weakness and maintains its Outperform rating and $34 price target.
Lululemon Athletica Inc. (NASDAQ:LULU): Cowen said Lululemon continues to innovate in the core yoga and adjacent categories citing its recent roll out of swimwear. The firm believes Street estimates are conservative heading into Q1 results and expects the company to be able to maintain its high multiple. Shares are Outperform rated.
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