Active Stock Alerts: Westport Innovations,, J. C. Penney, News Corp, SandRidge May 16th

J. C. Penney Company, Inc. (NYSE:JCP): J.C. Penney price target lowered to $31 from $35 at Goldman.

Westport Innovations Inc. (NASDAQ:WPRT): ThinkEquity believes that adoption of Westport’s natural gas HD engines are outpacing the firm’s earlier estimates. The firm maintains a $45 target and Buy rating on the stock. (NYSE:CRM): RBC Capital expects to report slightly better than expected Q1 results, as the firm believes that the company has continued to benefit from strong demand. The firm expects the company to provide slightly better than expected Q2 guidance and it maintains an Outperform rating.

News Corp. (NASDAQ:NWSA): RBC Capital thinks that investors are underestimating the potential of News Corp’s international cable exposure and its high growth rates. The firm expects the company’s multiple to increase over time and it maintains an Outperform rating on the stock.

SandRidge Permian Trust (NYSE:PER): SandRidge Permian Trust weakness creates compelling valuation, says RBC Capital

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