Ultimate Software Group, Inc. (NASDAQ:ULTI) had its target increased by JMP Securities following the company’s report of Q2 results that exceeded expectations. The firm continues to be optimistic in regards to the company’s products, and argues that it deserves its premium valuation. The firm keeps its Outperform rating on the shares.
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Wal-Mart Stores Inc. (NYSE:WMT): According to Bank of America Merrill Lynch’s beliefs, Wal-Mart’s execution shows improvement and continues regaining business. Shares have a Buy rating.
Aetna Inc. (NYSE:AET) reported Q2 results which BMO Capital views as strong. The firm thinks that the company’s outlook seems to be positive, and recommends buying the shares “by the first day of school.” The firm keeps its Outperform rating and a $57 price target on the stock.
The Chefs Warehouse, Inc (NASDAQ:CHEF) price target was lowered by BMO Capital following the company’s report of weaker than expected results for Q2 and the company reduced its guidance. The firm keeps an Outperform rating, due to the company’s industry-leading position in a fragmented market and what the firm believes is a strong outlook.
Valero Energy Corp. (NYSE:VLO): According to Morgan Stanley, the Valero Energy retail spin-off is a positive, and it is worth $2.25-$2.75 per share. The firm gives Valero an Equal Weight rating.
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