Active Stock Alerts: Monster Beverage, Universal Display,, Abercrombie & Fitch, Photronics May 10th

Monster Beverage CorpĀ (NASDAQ:MNST): Stifel Nicolaus raised its target on Monster after the company reported higher than expected Q1 EPS. The firm believes that the company is still seeing robust demand for Monster Energy, and raised its estimates while maintaining a Buy rating.

Universal Display Corp. (NASDAQ:PANL): KeyBanc recommends buying Universal Display on weakness and reiterates its Buy rating and $60 price target. The firm said Q1 results were impacted by the timing of licensing fees from SMD and green phosphorescent materials. The firm expects catalysts to emerge this summer driving shares higher. Incorporated (NASDAQ:PCLN): After reported stronger than expected Q1 results but provided weaker than expected Q2 guidance, Stifel Nicolaus believes that a 3%-4% decline in the stock would create a buying opportunity. The firm expects the company to generate strong growth this year and beyond, and it maintains a Buy rating.

Abercrombie & Fitch Co. (NYSE:ANF): FBR Capital reiterates an Outperform rating on Abercrombie & Fitch ahead of the company’s Q1 results on May 16. The firm attributes the recent pullback in shares to concerns over A&F’s European exposure, and believes in-line results should be enough at current valuation levels. FBR likes the risk/return profile for shares.

Photronics Inc. (NASDAQ:PLAB): Stifel Nicolaus believes that Phototronics’ business began rebounding during its April quarter, and the firm’s checks indicated that the company will begin benefiting from increased wafer shipments in the summer. The firm maintains an $11 target and Buy rating.

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