Analysts: DirecTV Disclosure Sheds Uncertainty and 3 More Research Notes to Read
DirecTV (NASDAQ:DTV): Wells Fargo believes DirecTV’s disclosure this morning that Latin America subscribers were inflated is surprising, and brings some uncertainty on Brazil. The firm expects shares to sell-off and says the full impact on the financials will not be known until DirecTV reports earnings on August 1st. The firm has a Market Perform rating on the stock.
Lululemon Athletica (NASDAQ:LULU): Janney Capital’s channel checks have revealed that there is still incomplete size runs in some luon black pants, and customer commentary regarding incoming luon commentary is mixed. As a result, the firm is cautious on Lululemon in the near-term.
Green Mountain Coffee Roasters (NASDAQ:GMCR): Dougherty reports that Green Mountain K-Cup data for the June quarter is indicative of growth closer to 9 percent, versus the company guidance of 11-15 percent, and the Street consensus estimates of 13.2 percent.
SanDisk (NASDAQ:SNDK): Bernstein has raised its price target from $75 to $85, based on its outlook for continued strong NAND pricing and beliefs that the company’s superior technology has boosted its gross margins above those of its competitors. It keeps an Outperform rating on the stock.