Analysts: Cummins Should Be Bought On Weakness and 3 Other Research Notes to Read
Cummins (NYSE:CMI): Sterne Agee believes Cummins should be bought on weakness, after a lower than expected Q1 EPS result, which the firm thinks has bottomed for the year since the company’s issues seem to be temporary and not structural.
Questcor (NASDAQ:QCOR): Roth Capital believes that the company’s revenue miss was attributed to temporary factors, and that sales momentum has picked up in recent weeks. It reiterates a Buy rating with a $47 price target on the shares.
SolarWinds (NYSE:SWI): Pacific Crest believes that SolarWinds should be bought on weakness following a revenue miss, as it thinks the company’s volumes were impressive that performance has improved throughout April.
Nanometrics (NASDAQ:NANO): DA Davidson thinks that the company is poised to grow and gain share in the OCD market, and retain a positive risk/reward profile over the next several quarters while doing so. It keeps a Buy rating on the stock.