Analysts: Movado Outlook Is Positive and 3 More Research Notes to Browse Through
Movado (NYSE:MOV): After Movado reported stronger-than-expected results, Citi thinks that watches will continue to be popular into the holiday season. As a result, the firm expects the company’s margins to increase. It reiterates a Buy rating on the shares.
Conn’s (NASDAQ:CONN): Canaccord says that Conn’s remains a top idea following management’s conference presentation and notes that the entry into new markets presents the opportunity for higher financing rates and the rising interest rate environment to sustain earnings. The shares are Buy rated with a $77 price target.
Electronics for Imaging (NASDAQ:EFII): Brean Capital believes the weakness in Electronics for Imaging is due to the earlier-than-expected departure of its chief financial officer and would be a buying opportunity. The firm says there is no change to its thesis and thinks the Street estimate remains low through next year. The shares are Outperform rated with a $40 price target.
Huntington Bancshares (NASDAQ:HBAN): Credit Suisse said that Huntington Bancshares is well positioned for excess capital deployment and may be setting up for faster dividend growth and allocations for buybacks. The firm says shares trade at a 20 percent discount to peers and reiterates its Outperform rating and $10 price target.