Analysts: Whole Foods Is Off to a Strong Start and 3 Other Research Notes to Browse
Whole Foods (NASDAQ:WFM): Cantor believes that after higher than expected Q3 EPS and initial FY13 EPS guidance adjustments, the company is starting out solidly. Shares are Buy rated.
URS Corporation (NYSE:URS): Sterne Agee expected the miss that URS reported for its Q1 results, and expects the company’s federal business to strengthen throughout the rest of the year. Stronger positions in a number of end markets will benefit the company according to the firm, with maintains a Buy rating on the shares.
Aruba Networks (NASDAQ:ARUN): Oppenheimer was surprised by the magnitude of the shortfall that Aruba pre-announced for the April quarter, noting that the company encountered headwinds earlier than the firm was expecting. The firm maintains that the long-term drivers remain intact, and keeps an Outperform rating on the shares.
ValueClick (NASDAQ:VCLK): Needham believes that the sell-off of shares creates a buying opportunity, after weaker than expected Q2 outlook was announced. Media revenue growth will reaccelerate in the second half of the year, according the the firm, which keeps a Buy rating and $34 price target.
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