Analyst Sees Rocky Near-term for MolyCorp Stock, Citi Thinks Qualcomm a Core Tech Stock After Earnings
Molycorp, Inc (NYSE:MCP): Dahlman Rose lowered its price target on Molycorp due to the dilutive transaction with Molymet. Near-term, the firm believes Molycorp shares will have difficulty outperforming due to increased supply which may pressure rare earth prices but the firm remains positive on the long-term outlook of the industry. Shares of Molycorp are Buy rated.
QUALCOMM Incorporated(NASDAQ:QCOM): Citigroup believes Qualcomm’s Q1 results show why the company is a core holding for technology investors. The firm raised its price target for shares to $73 from $68 and reiterates a Buy rating on the name.
Nielsen Hldg NV(NYSE:NLSN): Citigroup reiterates Nielsen Holdings as a top idea for 2012 ahead of the company’s Q4 results. The firm expects Nielsen to report solid results and provide positive commentary on 2012. Citi reiterates a Buy rating on the stock with a $37 price target.
Green Mountain Coffee Roasters Inc.(NASDAQ:GMCR): William Blair believes Green Mountain reported strong Q1 results and finds its guidance for the year as conservative. The firm considers the stock’s valuation attractive at current levels and maintains an Outperform rating on the stock.
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