Amazon Price Target RAISED to This and 4 Stock Analyses Not to Miss
Amazon.com Inc. (NASDAQ:AMZN) price target was raised to $281 from $264 at Bank of America Merrill Lynch.
Stryker Corp. (NYSE:SYK) is believed by RBC Capital to be benefiting from strong new order flow, and the firm recommends purchasing the stock on pullbacks. The firm keeps an Outperform rating on the stock.
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Cree Inc. (NASDAQ:CREE): Bank of America Merrill Lynch thinks that large electronic makers are targeting the LED lighting market which will drive margins lower than Cree’s. Shares have an Underperform rating and a $17 price target on the stock.
Mattress Firm Holding Corp (NASDAQ:MFRM): SunTrust stated that Mattress Firm reported a weak quarter but tickets turned positive and recent deal accretion should be better than expected during 2013. Shares have a Buy rating and a $50 price target.
Shuffle Master Inc. (NASDAQ:SHFL): Brean Murray stated that investors concern regarding Shuffle Master’s Electronic Table Systems segment has created a buying opportunity before of its Q3 results. The firm thinks that concerns are overblown since the segment only makes up 10 percent of revenues and 6 percent of profits. Shares have a Buy rating and a $19 price target.
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