Analyst Positive on Amazon.com Shares, Rumors Swirl Over Google and SureWest Deal
In Monday trading action, the DJIA continues to trade above 12,600, the S&P 500 above 1,300 and the Nasdaq above 2,750. Here’s what analysts had to say about these stocks today:
Amazon.com Inc. (NASDAQ:AMZN): Piper Jaffray estimates Amazon.com’s March quarter revenue growth guidance will be impacted 2% for foreign currency headwinds. Piper remains positive on Amazon shares heading into the company’s December quarter results.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): Green Mountain mentioned cautiously at Bernstein.
SureWest Communications (NASDAQ:SURW): Boutique firm Drexel Hamilton said Google (NASDAQ:GOOG) could buy SureWest (NASDAQ:SURW) or it could become a tenant on Google’s network, using it as an inexpensive way to expand its footprint in order to aid in its fiber network build out in Kansas City, KS an MO.
YM BioSciences, Inc. (AMEX:YMI): Roth Capital believes that YM reported differentiated efficacy data, especially with regard to positive anemia responses, at ASH. The firm thinks that the company will land a major partnership n 1H12 and it reiterates a $6 target and Buy rating on the stock.
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