Analyst Alerts: W.R. Grace, Home Inns & Hotels, Guidewire , Copano Energy, Staples May 11th

W.R. Grace & Co. (NYSE:GRA): Jefferies believes shares of W.R. Grace are well positioned for the summer after meeting with management and keeps a Buy rating on the name with a $70 price target.

Home Inns & Hotels Management Inc. (NASDAQ:HMIN): Brean Murray lowered its price target on Home Inns following solid Q1 results. The firm cited in line management guidance, soft operating performance, and reduced margin assumptions. Shares remain Buy rated.

Guidewire Software Inc (NYSE:GWRE): JPMorgan believes Guidewire Software is an underappreciated growth story at current levels and recommends using the recent weakness in shares as a buying opportunity.

Copano Energy LLC (NASDAQ:CPNO): After Copano announced that its distribution growth would be delayed until 2013 and the stock dropped significantly as a result, RBC Capital views the news as slightly negative for margins but doesn’t believe that the decline was justified. The firm lowered its target on the shares to $37 from $40 and reiterates an Outperform rating.

Staples, Inc. (NASDAQ:SPLS): Morgan Stanley views Staples as a top value pick in the group given rebounding earnings growth, share gains, and strong free cash flow. Shares are Overweight rated with a $19 price target.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.