Analyst Insights: Tetra Tech, Whole Foods Market, American Eagle, TW Telecom, IAC/InterActiveCorp May 3rd
IAC/InterActiveCorp. (NASDAQ:IACI): RBC Capital increased its target on InterActiveCorp after the company reported higher than expected Q1 revenue, and reported Q1 results that the firm views as solid. The firm maintains an Outperform rating on the stock.
Tetra Tech Inc. (NASDAQ:TTEK): Brean Murray said Tetra Tech reported strong Q2 results. The firm noted the company’s increased backlog, its raised guidance and its Brazilian acquisition to solidify its position on the Focus List and maintain its Buy rating with a $35 price target.
Whole Foods Market, Inc. (NASDAQ:WFM): Cowen said Whole Foods reported better than expected Q2 results and believes its below high growth peer valuation fails to reflect its unit growth and margin expansion potential Shares are Outperform rated.
American Eagle Outfitters, Inc. (NYSE:AEO): RBC Capital increased its target on American Eagle after the company preannounced higher than expected Q1 EPS. The firm maintains an Outperform rating on the stock.
TW Telecom Inc. (NASDAQ:TWTC): Cowen said tw telecom reported solid Q1 results and expects the shares to continue to outperform the market. The firm cited solid booking trends, improved margins, and its strong balance sheet. Shares remain Outperform rated.
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