Analysts: Apple Met WWDC Expectations and 3 More Research Notes to Check Out
Apple (NASDAQ:AAPL): Apple’s announcements at WWDC on Monday met the expectations at JMP Securities, although the firm expects the company to continue to be negatively impacted by margin pressures and/or share losses. It keeps a Market Perform rating on the shares.
Salix (NASDAQ:SLXP): Cantor sees the FDA’s intentions to procure a panel to discuss the status of Salix’s Relistor for opioid induced constipation as an unexpected positive, and that the panel, likely to be held in the next three to four months, could be another meaningful catalyst for the stock. It keeps a Buy rating on the stock.
Coinstar (NASDAQ:CSTR): Northland has raised Coinstar’s price target to $81 from $66, based on increased confidence in a Redbox revenue ramp in the second half of the year. The firm expects shares to be driven by DBO firming up, guidance reiterates, and Q3 results.
General Motors (NYSE:GM): Citing its 2014 estimates and given the improving operating profitability, stabilizing business operations in Europe, and likely U.S. Treasury exit by year-end, Buckingham has raised its price target from $40 to $50, and maintains its Buy rating.
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