Analyst Says Qualcomm Still Top 2012 Stock, Chipotle Strong Trends, Stifel Sells Green Mountain
QUALCOMM Incorporated (NASDAQ:QCOM): Cowen said Qualcomm remains a top pick for 2012 following Q4 results. The firm cited acceleration of migration from 2G to 3G/4G and solid pricing trends. Shares are Outperform rated.
Chipotle Mexican Grill, Inc. (NYSE:CMG): Baird raised its price target on Chipotle Mexican Grill following mixed Q4 results. The firm cited the company’s strong top-line trends and improving pricing and cost trends. Shares are Outperform rated.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): After Green Mountain reported higher than expected Q1 EPS, Stifel Nicolaus continues to believe that the company’s competition will increase as a result of several factors, and negatively affect profitability in the future. The firm maintains a Sell rating.
Tractor Supply Company (NASDAQ:TSCO): Baird raised its price target on Tractor Supply following Q4 results. The firm cited structural improvements, better inventory planning/allocation, and new merchandise offerings. Shares are Outperform rated.
Concur Technologies, Inc. (NASDAQ:CNQR): Baird raised its price target on Concur following Q1 results citing robust demand, improved hiring trends which could drive revenue growth, and conservative guidance. Shares are Outperform rated.
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