Analysts: Electronic Arts Has Improved Margin Outlook and 3 More Research Notes to Check Out
Electronic Arts (NASDAQ:EA): Following a meeting with EA’s management, Stifel says that its margin outlook has improved, that the company has several positive catalysts to support a Buy rating, and subsequently raised its price target from $22 to $26.
NetApp (NASDAQ:NTAP): Positive Q4 results and a dividend and buyback announcement lead Deutsche Bank to remain upbeat on shares of NetApp, and it keeps a Buy rating on the name. The firm also raised its price target from $40 to $48.
Allstate (NYSE:ALL): Deutsche Bank believes that Allstate will likely have to write off $100 million to $300 million in pre-tax losses as a result of the tornado in Oklahoma, and has subsequently lowered its 2013 earnings estimates for the company by $0.25. However, it keeps a Buy rating and a $57 price target on the shares.
AMD (NYSE:AMD): Jefferies finds estimates to be conservative following the debut of the Xbox One, as well as the win for Sony’s upcoming PlayStation 4. Jefferies keeps a Buy rating and $5 price target on the shares.
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