Analysts: Ford Will Benefit From Improving European Conditions and 3 More Research Notes to Browse
Ford Motor Corp. (NYSE:F): Following a meeting with the company’s investor relations team, RBC Capital has raised its price target to $18 from $15, as it believes that the company is benefiting from improvements in its European unit and ramping Asia sales. It keeps an Outperform rating on the stock.
Mondelez International (NASDAQ:MDLZ): Goldman Sachs has brought Mondelez from Conviction Buy to Buy, following the announcement of higher than expected reinvestment plans.
Volcano (NASDAQ:VOLC): JMP Securities has brought Volcano from Market Perform to Outperform, based on valuation, an expected hardware replacement cycle in 2014, new product pipeline, and improving gross margins for the upgrade. The price target is set at $26.
Coinstar (NASDAQ:CSTR): Coinstar’s Vertical Merchandising Zone, or VMZ, initiative which could increase the capacity of individual Redbox kiosks by more than 80 discs could push accretion of $1.11 to its 2014 earnings estimate. Piper keeps an Overweight rating on Coinstar, with a $65 price target.
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