BlackBerry (NASDAQ:BBRY): Citing lower-than-expected gross margins, Credit Suisse reiterated its Underperform rating with a $10 price target, after the company’s annual filing revealed that most of its gross margin improvement was due to lower levels of amortization. Credit Suisse had already expected a significant decrease in services margins given its major business model change, and still expects a miss in consensus estimates.
Qualcomm (NASDAQ:QCOM): Sterne Agee says that Qualcomm is expected to provide a stronger than anticipated guidance, resulting from increasing share on Samsung (SSNLF.PK) and large processor demands from other companies. The firm raised its estimates for the company’s June quarter and the next fiscal year, and kept its Buy rating on the shares.
Humana (NYSE:HUM): Cantor says that Humana is the most exposed to the Medicare Advantage among insurers, and believes that last weeks announcement of higher Advantage rated for 2014 will position health insurers to report stronger 2014 results. It kept a Buy rating of Humana shares, with a $90 price target.
Don’t Miss: Is Apple’s iPad the Real Breadwinner?