Analysts: La-Z-Boy is Gaining Share and 3 More Research Notes to Check Out
La-Z-Boy (NYSE:LZB): Stifel says that La-Z-Boy is taking share in the furniture industry based on its higher than expected Q4 EPS, while the performance of its retail segment is improving. The firm keeps a Buy rating on the stock.
Red Hat (NYSE:RHT): Susquehanna believes that Red Hat shares are fully valued, following the company’s in-line Q1 results. The firm noted that guidance was maintained, although channel checks indicated a softening of Linux growth trends, a deceleration of billings growth, and a decline of deferred revenue quarter over quarter. The firm rates the shares at Neutral with a $50 price target.
Ann Inc. (NYSE:ANN): Oppenheimer has relaunched its coverage on Ann Inc. with an Outperform rating, up from Perform with a price target of $38.
Interactive Brokers (NASDAQ:IBKR): Macquarie finds that Interactive trades at a significant discount to its sum-of-the-parts analysis, and points out that the brokerage unit growing at an impressive rate. The firm raised its price target to $20 from $18 and reiteerates its Buy rating.
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