Analyst Alerts for Feb. 22nd: Weatherford, Euronet, Computer Task, Sourcefire, Choice Hotels
Weatherford International Ltd. (NYSE:WFT): FBR Capital believes the sell-off in Weatherford shares provides an attractive entry point and maintains an Outperform rating on the stock with a $23 price target. The firm thinks the company’s tax accounting issues are more than priced into shares at current levels and that 2012 should be a strong year for Weatherford operationally.
Euronet Worldwide Inc. (NASDAQ:EEFT): Wells Fargo increased its valuation range on Euronet after the company reported stronger than expected Q4 results. The firm expects the stock’s multiple to expand and it maintains an Outperform rating.
Computer Task Group Inc. (NASDAQ:CTGX): BGB Securities raised its price target citing Computer Task Group’s strong Q4 results and reiterates a Buy rating on the stock.
Sourcefire, Inc. (NASDAQ:FIRE): ThinkEquity increased its target on SourceFire after the company reported stronger than expected Q4 results and provided higher than expected Q1 revenue guidance. The firm maintains a Buy rating.
Choice Hotels International Inc. (NYSE:CHH): Susquehanna raised its price target on Choice Hotels following better than expected Q4 results. The firm cited the upward bias to estimates, cost cutting initiatives, and continued return of capital to shareholders. Shares are Positive rated.
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