Analysts: Barnes & Noble Could Launch Share Buybacks and 3 More Research Notes to Browse
Barnes & Noble (NYSE:BKS): Maxim believes that there is a possibility of a share buyback at Barnes & Noble following Tuesday’s stock selloff. The firm views the shares as undervalued and keeps a Buy rating on the name with a $30 price target.
TJX Companies (NYSE:TJX): Following TJX’s report of higher-than-expected second-quarter same store sales, MKM continues to expect the retailer to gain further market share. The firm views the company as one of the best-positioned retailers, and it keeps a Buy rating on the stock.
Herbalife (NYSE:HLF): Argus has raised its Herbalife estimates based on expectations that earnings growth will remain strong and the company will accelerate share repurchases. The analyst raised its 2013 earnings per share estimate to $5.15 from $4.80 and 2014 estimates to $6 from $5.80. The firm also upgraded shares to Buy from Hold and established a price target of $80.
Visa (NYSE:V): After a judge overturned the Fed’s card fee rule, Oppenheimer believes that investors have likely overestimated the worst-case impact of the decision on Visa. The firm believes that Visa’s stock could rebound if the Fed appeals the decision and thinks that the Fed may make such an appeal. It keeps an Outperform rating on Visa.
Investing Insights: Will Barnes & Noble Stock Rebound?