Caterpillar Estimates REDUCED and 4 Must-See Stock Analyses
Unitedhealth Group, Inc. (NYSE:UNH): Shares of UnitedHealth Group, Inc., were assumed with an Outperform, the same as before. Their price target has been lowered from $73 to $62.
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Vera Bradley, Inc. (NASDAQ:VRA): William Blair believes that Vera Bradley, Inc.’s lowered annual guidance reflects conservatism, due to trends in both July and August. The firm said that they are encouraged by more disciplined management of inventory. Following the company’s second quarter results, an Outperform rating is reiterated on the stock .
American Axle & Manufacturing Holdings Inc. (NYSE:AXL): American Axle & Manufacturing Holdings Inc.’s (NYSE:AXL) future Chief Executive Officer David Dauch said that they might consider “transformational” acquisitions of $1 billion or more for Meritor. Citi believes that a purchase of Meritor makes long term sense for American Axle and they are their top choice among auto suppliers. Citi keeps a Buy rating on their stock with a $15 price target.
Sirona Dental Systems Inc. (NASDAQ:SIRO): Cantor believes that Sirona Dental Systems Inc.’s “Omnicam,” dental tool is a significant upgrade over their current product and will drive a broader adoption of the company’s offerings. The firm raised their target on Sirona from $57 to $60 and maintains a Buy rating.
Caterpillar Inc. (NYSE:CAT): RBC Capital reduced their target on Caterpillar Inc. (NYSE:CAT) after mining company, Joy Global (NASDAQ:JOY), reported disappointing ordering activity. The firm reduced their fiscal year 2013 estimates for Caterpillar but maintains an Outperform rating on their stock.
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