Atmel Valuation Deemed Attractive and 4 Stock Analyses Moving the Market
Atmel Corporation (NASDAQ:ATML): Canaccord views Atmel Corporation’s valuation as attractive and expects growth to be driven by penetration into larger screen tablets and notebooks. Shares are Buy rated with a $8 price target.
Wyndham Worldwide Corporation (NYSE:WYN): Citing increased confidence in the company’s allocation strategy, Lazard Capital raised their estimates and price target for Wyndham Worldwide Corporation. The firm keeps a Buy rating on their stock.
Norfolk Southern Corp. (NYSE:NSC): After Norfolk Southern Corp. announced a lower than expected third quarter earnings per share, RBC Capital noted that the miss was partly due to a fuel surcharge lag. Consequently, RBC anticipates that the shares will be somewhat muted. The firm maintains a $91 target and Outperform rating on the stock.
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR): After speaking with Questcor Pharmaceuticals, Inc., Lazard Capital expects a strong showing, at today’s conference call. The firm believes Acthar’s reimbursement concerns are overdone, but admits that implications of Aetna’s reimbursement update remains unclear. Lazard Capital keeps a Buy rating on Questcor.
Sempra Energy (NYSE:SRE): RBC Capital believes that Sempra Energy can reach their $72 per share price target even if they don’t receive permission to export natural gas to countries that don’t have a free trade pact with the United States. The firm maintains an Outperform rating on their stock.
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