Analysts: Lower Fuel Costs Will Benefit U.S. Airways and 3 Other Research Notes to Read
U.S. Airways (NYSE:LCC): Lower fuel costs should allow U.S. Airways to report stronger Q2 and Q3 earnings according to Sterne Agee, which has raised its FY2013 EPS estimate and maintains a Buy rating on the shares.
ARM Holdings (NASDAQ:ARMH): Pacific Crest believes that the company’s stronger Q1 results will continue moving forward, as it will benefit from higher royalty rates due to moving into higher price segments. The firm maintains a $52 price target, and an Outperform rating.
HomeAway (NASDAQ:AWAY): Post earnings stock weakness poses a buying opportunity for Pacific Crest, which believes the results were solid and that the company’s pricing has accelerated. It attributes HomeAway’s lowered guidance to currency fluctuations.
FMC Technologies (NYSE:FTI): Sterne Agee says shares of FMC should be bought on any weakness, noting that depsite weaker than expected quarterly results, the total orders came in higher than anticipated, while the full year guidance remains unchanged. The firm keeps a Buy rating on the stock.