Analyst Alerts: Nasdaq OMX, Quanta Services, Herbalife, Lowe’s May 21st
Nasdaq OMX Group Inc. (NASDAQ:NDAQ): CLSA said Nasdaq OMX (NASDAQ:NDAQ) could see a negative long-term impact from the mishandling of the Facebook (NASDAQ:FB) IPO and that it could loses business and fees. Shares are Outperform rated with a $26 price target, down from $29.
Quanta Services, Inc. (NYSE:PWR): Piper Jaffray expects consolidation in the electrical and industrial components sector to continue after Eaton (NYSE:ETN) acquired Cooper Industries (NYSE:CBE). The firm views Quanta Services (NYSE:PWR), Acuity Brands (NYSE:AYI) and Elster (NYSE:ELT) as attractive potential takeover targets within its coverage universe.
Herbalife Ltd. (NYSE:HLF): Canaccord continues to expect Herbalife’s double-digit growth to be driven by its efficient business model and deployment of its daily consumption model across China. Shares are Buy rated with a $76 price target.
Lowe’s Companies Inc. (NYSE:LOW): Lowe’s sell-off overdone, says Nomura
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