Analyst Insights: Calgon Carbon, Urban Outfitters, Riverbed Technology, Regeneron Pharmaceuticals, SolarWinds March 22nd
Calgon Carbon Corporation (NYSE:CCC): Brean Murray met with management of Clagon Carbon and said they expect shares to make their way higher citing an improving outlook on favorable coal cost trends, sales in ballast water equipment, and incremental reactivated carbon volumes. Shares are Buy rated with a $24 price target.
Urban Outfitters Inc. (NASDAQ:URBN): Jefferies finds the unexpected resignation of Urban Outfitters’ CFO Eric Artz following the sudden resignation of the company’s CEO in January as alarming. Jefferies said it is more cautious on the stock and reiterates an Underperform rating with a $17 price target.
Riverbed Technology, Inc. (NASDAQ:RVBD): Northland Securities’ checks indicate strong demand from new products and confirm its positive outlook. The firm sees potential upside to conservative guidance and reiterates its Outperform rating and $33 price target.
Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN): RBC Capital believes that the Street doesn’t fully appreciate the potential of Regeneron’s anti-cholesterol drug, REGN727. The firm expects upcoming data to increase the awareness of doctors and investors about the drug, and it maintains an Outperform rating on the stock.
SolarWinds, Inc. (NYSE:SWI): FBR Capital believes SolarWinds is experiencing strong momentum and raised its price target for shares citing more confidence in the company’s product cycle. The firm thinks SolarWinds is positioned for solid Q1 results and maintains an Outperform rating on the stock.
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