Netflix (NASDAQ:NFLX): Barclays has ranked Netflix as a U.S. Internet top pick of the quarter, citing upside to Q1 results and its reasonable Q2 expectations. The firm has rated the company’s stock at Equal Weight, and raised its price target from $120 to $190.
J.B. Hunt (NASDAQ:JBHT): Although J.B. Hunt reported weaker than expected earnings, Wells Fargo thinks that its shares should be bought on weakness, given that the company’s core intermodal business is growing quickly, and has a promising outlook. Wells Fargo expects the firm to grow in the second half of 2013, and is maintaining its Outperform ranking on the shares.
FBR Capital agrees with Wells Fargo, and has attributed J.B. Hunt’s miss to “growing pains” stemming from a new DCS client, rather than operational issues. It although maintains an Outperform rating, and has raised its price target from $75 to $85.
Pier 1 Imports (NYSE:PIR): Wells Fargo considers to Pier 1′s guidance to be conservative, following in-line Q4 results. Wells Fargo does not believe that the company took into account the positive impact on sales of the company’s e-commerce and SG&A investments, and kept an Outperform rating on its shares.
Walter Energy (NYSE:WLT): Cowen considers Walter shares to be a compelling entry point to capitalize on improving met coal market conditions. The firm cited company guidance for improving prices and costs in the coal market, and rated the stock a Buy with a $44 price target.