Agrium Stock Springs Higher, Synaptics a Top Tech Pick, Bally Tech a Buy
The major U.S. financial indices are all steadily up again today. Leaders like ebay and Morgan Stanley are charging higher. Here are 3 companies that analysts rated and reviewed today:
Agrium Inc. (NYSE:AGU): Susquehanna is thinking of Spring, and with spring time comes planting. The firm looks for a change from shortfalls in fertilizer volumes. The firm feels this trend will reverse with spring plantings. Susquehanna cited lower natural gas prices, which lowers production costs; tighter supply and demand for potash; and potential for higher corn exports. The firm maintains Positive on Agrium (NYSE:AGU), CF Industries (NYSE:CF), Mosaic (NYSE:MOS) and Potash (NYSE:POT).
Synaptics Inc. (NASDAQ:SYNA): Collins Stewart names Synaptics a top pick. Checking the Integrated Circuits market, Collins Stewart finds Synaptics is one of the top picks and reiterates a Buy with a $40 target. While the firm also kept Buys on Cypress Semi (NASDAQ:CY) and Atmel (NASDAQ:ATML), they lower the target for Atmel from $13 to $11.
Bally Technologies, Inc. (NYSE:BYI): Roth Capital adds Bally Technologies to its Focus List. Expecting stronger than expected second quarters results, Roth Capital maintains a Buy and raises target to $55.
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