Analysts: Pandora Will See Rapid Margin Growth and 3 More Research Notes to Browse
Pandora (NYSE:P): Needham has raised its price target for Pandora to $25 from $20 to reflect its 2015 estimates for the company. The firm keeps a Buy rating on the stock and expects Pandora to see “rapid margin expansion” in its core streaming business.
GameStop (NYSE:GME): RW Baird raised its price target on GameStop to $50 from $38 ahead of its second-quarter earnings. The firm cited key milestones expected in the second half of the year including next-generation gaming consoles. The shares are Outperform rated.
Kaiser Aluminum (NASDAQ:KALU): Sterne Agee has upgraded Kaiser Aluminum to Buy from Neutral given the company’s position ahead of aerospace and a second half of the year rebound driven by increased OEM build rates and elevated margins. The price target is $80.
OmniVision (NASDAQ:OVTI): RW Baird believes any weakness following OmniVision’s second-quarter results should be used as a buying opportunity. The firm cited company fundamentals, including next year’s gross margins, which should be driven by fabrication diversification. The shares are Outperform rated and with a $23 price target.