Analysts: Aeropostale is Set to Rebound and 3 More Research Notes to Browse
Aeropostale (NYSE:ARO): After Aeropostale reported that net sales fell 6 percent in the second quarter and pre-announced lower-than-expected second-quarter earnings per share, RBC Capital still expects the company’s new fashion offerings over the next several months to boost its financial results. The firm keeps an Outperform rating on the stock.
Valspar (NYSE:VAL): Longbow expects that architectural paint organic volumes will be up modestly in the third quarter and for growth in the second half of 2013 to drive shares higher. The shares are Buy rated with a $80 price target.
Dendreon (NASDAQ:DNDN): Following Dendreon’s report that it burned $51 million in cash in the second quarter, Stifel predicts that the company will go bankrupt by the fourth quarter of next year, adding that it expects the company to declare bankruptcy before it reaches a cash flow breakeven. Stifel keeps a Sell rating on the stock.
Monster Beverage (NASDAQ:MNST): Morgan Stanley recommends buying Monster Beverage shares on weakness following its second-quarter top-line miss. The firm notes that U.S. retails sales are improving and expects revenue acceleration going forward. it reiterates its Overweight rating and $70 price target.