Celgene (NASDAQ:CELG): RBC Capital believes that Celgene is poised to report higher-than-expected second-quarter earnings per share and raise its guidance. The firm thinks the company has multiple strong new products and keeps an Outperform rating on the stock.
Dell (NASDAQ:DELL): If Dell shareholders do not approve the Dell-Silver Lake offer, Wells Fargo believes that a change in the company’s board would favor Carl Icahn, while Icahn would sue if new board members aren’t elected. The firm thinks the stock could rise significantly if the company is able to transform itself, but it predicts that many investors would abandon the company during the transition period. It keeps a Market Perform rating on the shares.
McDonald’s (NYSE:MCD): Wells Fargo expects McDonald’s same-store sales to improve sequentially in the second, third, and fourth quarters due to its promotions, easier comps, and new products. The firm expects the company to report in-line second-quarter earnings per share with slightly higher-than-expected same-store sales and believes that the company has been gaining market share momentum in the U.S. in recent months. It keeps an Outperform rating on the shares.
Home Depot (NYSE:HD): Barclays believes that housing fundamentals are still supportive of growth and expects Home Depot to gain market share and execute on its ROIC and margin objectives. The firm rates the shares at Overweight with a price target of $95, up from $85.