Analysts: Whirlpool Downgraded Ahead of Black Friday and 3 More Research Notes to Read
Whirlpool Corp. (NYSE:WHR): Raymond James downgraded Whirlpool to Market Perform from Outperform. The firm downgraded Whirlpool shares ahead of an increased promotional environment for Black Friday and likely further market share losses near-term.
CVS Caremark Corp. (NYSE:CVS): Jefferies says CVS Caremark stands to benefit from the health care reform after its research indicated that the company is positioned to become the biggest pharmacy benefit manager beneficiary from the Medicaid expansion; the firm keeps a Buy rating on CVS Caremark with a $71 price target.
JinkoSolar Holding Co. Ltd. (NYSE:JKS): Roth Capital raised its price target on JinkoSolar to $40 from $18 after the company delivered a beat and raised third-quarter results; the firm believes JinkoSolar is benefiting from diverse and strong demand, and significantly raised its estimates, reiterating a Buy rating on the name.
Palo Alto Networks Inc. (NYSE:PANW): Cowen’s legal consultants continue to believe Juniper (NYSE:JNPR) holds a legal advantage in regards to the question of infringement over Palo Alto in its legal battle; the analyst believes Palo Alto’s recent share strength may be premature and maintains its Market Perform rating on the stock.
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