Active Stock Alerts: Symantec, Mastercard, Whole Foods Market, Allergan, Prudential Financial May 3rd
Symantec Corporation (NASDAQ:SYMC): Cowen noted Symantec reported results which were in line with its negative pre-announcement and said shares remain oversold. The firm cited the company’s in-line bookings performance and low valuation. Shares remain Outperform rated.
Mastercard Incorporated (NYSE:MA): RBC Capital increased its target on MasterCard after the company reported higher than expected Q1 EPS. The firm thinks that the company generated strong fundamental growth in Q1 and it maintains an Outperform rating.
Whole Foods Market, Inc. (NASDAQ:WFM): RBC Capital increased its target on Whole Foods after the company delivered a beat and raise quarter. The firm maintains an Outperform rating on the stock.
Allergan Inc. (NYSE:AGN): After Allergan reported lower than expected Q1 Botox and Dermal Fillers sales, RBC Capital doesn’t believe that the weakness was caused by fundamental issues. The firm expects sales of the company’s aesthetic products to rebound in Q2 and it maintains an Outperform rating on the shares.
Prudential Financial, Inc. (NYSE:PRU): FBR Capital attributes Prudential’s weaker than expected Q1 results to an unusual loss in the group benefits segment, but believes the issues can likely be resolved. FBR likes the risk/reward on the stock with shares trading near book value, and maintains an Outperform rating on the name.
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