Analysts: Best Buy Nearing Stability and 3 Other Notes To Browse Through
Best Buy (NYSE:BBY): Bernstein thinks that Best Buy is moving towards stability, and possibly improvement, citing the risk/reward of fundamentals. It keeps a Market Perform rating, despite its belief that the stock’s multiple is likely to rise slowly.
Pinnacle Entertainment (NYSE:PNK): Deutsche Bank believes that the risk in Texas is decreasing, after Senator John Carona acknowledged that chances of the casino bill passing were very low. The reduced risk to Pinnacle’s Louisiana assets should allow for slight multiple expansion, the firm said, and reaffirmed its Buy rating.
Express Scripts (NASDAQ:ESRX): Credit Suisse finds the share valuation attractive, and believes that the negative sentiment has provided a buying opportunity for the shares, which it rates a Buy with a $65 price target.
DuPont Fabros (NYSE:DFT): Cantor finds DuPont to be undervalued, and stays confident in the company’s outlook. The firm expects data center demand growth to continue exponentially, and reaffirmed its Buy rating with $29 price target.
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