Analysts: Guess Is in a Turnaround and 3 More Research Notes to Look Over
Guess (NYSE:GES): Brean Capital believes that Guess remains in a turnaround, and, as a result, its second-quarter earnings expectations are low. The firm thinks that the second and third quarters will have positives in terms of lower-priced domestic lines driving traffic and the potential for Europe to begin to show signs of stabilization. The shares are Buy rated with a $37 price target.
Cooper Cos. (NYSE:COO): RW Baird has raised its price target on Cooper Companies to $142 from $129 ahead of Thursday’s third-quarter results. The firm cited solid ongoing contact lens end markets, company specific share gains, and higher CVI revenues. Shares are Outperform rated.
Pioneer Natural (NYSE:PXD): Goldman Sachs maintains its Conviction Buy rating on Pioneer Natural given its Permian Basin exposure and expectations for upside driven by expanding resource and growth. The price target has been raised to $216 from $193.
Amira Nature Foods (NYSE:ANFI): Deutsche Bank believes that Amira Nature Foods has been weak due to slower emerging market trends and currency. The analyst says that demand and share for of Amira’s branded basmati rice is growing and that the valuation is attractive. The shares are Buy rated with a $13 price target.
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