Analysts: Sell MetroPCS Into Strength and 2 New Opinions Investors Must Know About
MetroPCS Communications (NYSE:PCS): According to Oppenheimer, MetroPCS may rise to $12 per share this week in anticipation of a better offer from Deutsche Telekom’s T-Mobile unit. However, according to the analysts, a higher bid from T-Mobile is largely baked into the stock price and recommends selling MetroPCS into strength. The firm adds that the company’s fundamentals are weak while maintaining an Underperform rating on shares.
Skechers (NYSE:SKX): Susquehanna has raised its estimates on Skechers to reflect strong broad-based momentum. According to the firm, commentary from key retail accounts, growth in international revenues, and the potential to improve operating margins are things in favor. It rates the shares Positive, with a $25 price target.
Whiting USA Trust (NYSE:WHX): According to BMO Capital, the results from Whiting’s Niobrara prospects may improve in the future. BMO, which met the company management, adds that Whiting has confidence that it will achieve success in its Sanish and Pronghorn higher-density pilots. The analysts also believe that increased inventory from these plays could be significantly positive for the company. The firm maintains an Outperform rating on shares.
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