Analysts: Twitter Shares Initiated with a Buy and 3 More Research Notes to Check Out
Twitter Inc. (NYSE:TWTR): Cantor believes Twitter fulfills an important unmet need as an efficient communication platform and is highly complementary to traditional media outlets; the firm initiated Twitter shares with a Buy rating and $32 price target.
American Eagle Outfitters (NYSE:AEO): Brean Capital upgraded American Eagle to Buy from Hold with a $20 price target, citing American Eagle’s pre-announced upside in the third quarter and a solid inventory position.
Whole Foods Market (NASDAQ:WFM): Citigroup expects shares of Whole Foods to trade down at least 10 percent today after the company reported deterioration in same-store sales and lowered its outlook; Citi says the softer-than-expected same-store sales momentum continued into the first quarter, and it keeps a Neutral rating on Whole Foods stock, with a $59 price target.
International Business Machines Corp. (NYSE:IBM): Bernstein warns that declining revenue from UNIX systems could drag down IBM’s earnings per share by up to 1.7 percentage points annually; however, the firm believes that the company could counteract this trend by driving Linux workloads to Power systems, and the analyst keeps a Market Perform rating on IBM stock.
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