Exxon Mobil Corp. (NYSE:XOM): Argus upgraded Exxon Mobil to Buy from Hold; the firm upgraded shares due to valuation, a strong financial position, and heavy exposure to natural gas. The firm’s price target for Exxon Mobil shares is $104.
Penn National Gaming Inc. (NASDAQ:PENN): Brean Capital adjusted its price target on Penn National to $17 from $59 following its spinoff of its real-estate investment trust (REIT); the firm believes the company is being undervalued to its peers, stemming from its status as an operating company while peers own land underneath their properties. Brean feels Penn National’s financial ratios remain superior to the other regional operators and rates the shares a Buy.
Shutterfly Inc. (NASDAQ:SFLY): RW Baird believes the pullbacks of Shutterfly are an buying opportunity following recent meetings with management. The meeting reinforced the firm’s positive thesis, citing growth opportunities, its e-commerce model, quality products, and a culture of innovation; Shutterfly remains a top small-cap pick with a $60 price target.
EZCORP Inc. (NASDAQ:EZPW): Wells Fargo reduced its price target on EZCORP to $14-$16 from $20-$23 after the company reported lower-than-expected fourth-quarter earnings per share; the firm thinks the company will likely announce a share repurchase initiative, and it keeps an Outperform rating on the stock.