Analysts: Deckers Will Report Better-Than-Expected Results and 3 More Research Notes to Leaf Through
Deckers Outdoor (NASDAQ:DECK): Jefferies believes that Deckers Outdoor will report better-than-expected second-quarter results on Thursday, and therefore reiterates a Buy rating on the stock with a $100 price target. The firm notes that Deckers continues to be its top pick.
DineEquity (NYSE:DIN): Raymond James downgraded DineEquity to Outperform from Strong Buy, citing concerns regarding recent industry softness and refinancing savings that are not expected until 2014. The price target is set for $80.
Dover (NYSE:DOV): Following the company’s results, which saw higher-than-expected second-quarter earnings per share and raised 2013 earnings per share guidance, Stifel believes the new guidance conservative in light of what the firm sees as the company’s solid execution. The firm is upbeat about Dover’s long-term outlook and it keeps a Buy rating on the shares.
International Game (NYSE:IGT): Credit Suisse, on beliefs that the company has weakness in its core equipment business following discussions with slot managers that indicates discount pricing, mixed performance for revenue games, increased competition, and weak top-line industry trends, has downgraded International Game to Underperform from Neutral, with a price target of $16.
Don’t Miss: 8 Companies Winning the Battle for Online Video.