Active Stock Analyst Alerts: Apple Inc, Deckers Outdoor, Gap Inc, H&R Block, OpenTable

Apple Inc. (NASDAQ:AAPL): JPMorgan believes shares of Apple have substantial upside potential from current levels given the low penetration rates of its products and the growth of social networking enablement. The firm reiterates an Overweight rating on the stock with a $625 price target.

Deckers Outdoor Corp.(NASDAQ:DECK): Jefferies sees downside risk to the low $70’s for shares of Deckers Outdoor after the company missed gross margin expectations in Q4, offered a below consensus outlook for the first half of 2012, and reported inventories up 103%. However, the firm said it remains a buyer of the stock. Jefferies likes that expectations have been reset and sees a lack of near-term catalysts for a bear thesis.

Gap Inc.(NYSE:GPS): Jefferies raised its price target for Gap shares to $30 from $28 following the company’s Q4 results and guidance. The firm believes Gap continues to increase shareholder value through buybacks and dividends and sees minimal downside risk with significant upside potential at current levels.

H&R Block, Inc.(NYSE:HRB): After H&R Block reported stronger than expected storefront and digital tax volume growth, Oppenheiemr believes the company is gaining share in the storefront category. The firm reiterates an Outperform rating on the stock.

OpenTable, Inc.(NASDAQ:OPEN): Piper Jaffray says January data indicates a continued acceleration in restaurant industry traffic metrics, which the firm believes contradicts consensus models. The firm thinks OpenTable’s seated diner growth is well positioned to benefit from this trend and reiterates an Overweight rating on the stock.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

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