Analyst Alerts: VeriFone, Tenneco, Watson Pharmaceuticals, Veeco May 1st
VeriFone Systems, Inc (NYSE:PAY): Goldman said VeriFone Systems sell-off is overdone and that organic revenue growth is on track. Shares are Buy rated.
Tenneco Inc. (NYSE:TEN): After Tenneco reported lower than expected Q1 adjusted EPS and the shares dropped significantly yesterday, Gabelli thinks that long-term value drivers for the stock are still in place. The firm believes that the company has a very strong growth outlook and it maintains a Buy rating.
Watson Pharmaceuticals Inc. (NYSE:WPI): Susquehanna said Watson Pharmaceuticals reported solid Q result and said the company is on track to complete its acquisition of Activis and to meet its raised guidance. The firm believess the company is well positioned for upside with its Cencerta generic, and could extract a lot of upside from its Activis deal. Shares remain Positive rated with an $87 price target.
Veeco Instruments Inc. (NASDAQ:VECO): ThinkEquity increased its target on Veeco after the company reported stronger than expected Q1 results. The firm believes that the company is gaining market share and it maintains a Buy rating on the stock.
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