Analyst Alerts: Cree, Coinstar, ASM International, JPMorgan, FactSet May 16th
Cree Inc. (NASDAQ:CREE): Canaccord commented on reports that Cree (NASDAQ:CREE) has been named an outdoor lighting supplier for Walmart (NYSE:WMT). The firm’s analysis estimates the deal will be worth under $13M in annual revenues, over three years and is likely more positive for sentiment than fundamentals. Shares are Buy rated.
Coinstar Inc. (NASDAQ:CSTR): Coinstar mentioned positively at DA Davidson.
JPMorgan Chase & Co. (NYSE:JPM): Deutsche Bank believes the impact to JPMorgan’s earnings from its trading loss will be manageable, but cautions the regulatory fallout is hard to handicap. The firm maintains a Buy rating on JPMorgan shares with a $50 price target.
FactSet Research Systems Inc. (NYSE:FDS): FactSet mentioned cautiously at UBS.
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