Analysts: Apple’s Near-Term Financials Will Stabilize and 3 More Research Notes to Check Out
Apple (NASDAQ:AAPL): Raymond James has upgraded Apple to Strong Buy from Outperform, as the analyst believes that near-term financial trends will stabilize and improve in the June quarter, and views the company’s valuation as attractive. It’s price target on the shares remains $600.
Cisco Systems (NASDAQ:CSCO): Piper Jaffray has raised its estimates, as well as its price target to $28 from $25 for Cisco based on its expectations that the company is gaining momentum in multiple core markets due to better execution and a more effective-go-to-market strategy. The firm keeps an Overweight rating on the shares.
Salesforce.com (NYSE:CRM): Deutsche Bank sees the pullback in shares, due to concerns over deferred commission, as a buying opportunity, and the firm keeps a Buy rating with a $57 price target.
HCA Holdings (NYSE:HCA): Credit Suisse believes that shares of HCA Holdings should be bought aggressively on the recent pullback, as the firm believes cost saving efforts will allow the company to meet reduced expectations and sees tailwinds from healthcare reforms. Shares are Outperform rated, with a $47 price target.
Don’t Miss: Does Siri Have a Brighter Rival Coming Soon?