Cavium Networks Poised for Strong 2013 and 4 Stock Analyses Not to Miss
Cavium Networks, Inc. (NASDAQ:CAVM): Current price $35.52
After the company reported stronger than expected fourth quarter results, Stifel Nicolaus increased their price target on Cavium Networks, Inc. The firm thinks the company is gaining market share and is poised for a strong 2013. They maintain a Buy rating on the stock.
CONSOL Energy Inc. (NYSE:CNX): Current price $30.98
Following solid fourth results, Brean Capital raised their price target on CONSOL Energy Inc. The firm cited expectations for modest cost increases, strong growth in the Marcellus Shale, and the potential for asset sales. Shares are Buy rated.
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Bally Technologies, Inc. (NYSE:BYI): Current price $47.92
Following better than expected second quarter results, Brean Capital raised their price target on Bally Technologies, Inc. The firm cited raised guidance, growth opportunities in their high margin systems business, and increased share of slot floors. Shares are Buy rated.
LM Ericsson Telephone Co. (NASDAQ:ERIC): Current price $12.15
Following solid fourth quarter results, Cowen recommends that investors continue to build positions in Ericsson. The firm cited better than expected gross margins, an improved revenue mix, and improving financials. Shares are Outperform rated.
National Instruments Corporation (NASDAQ:NATI): Current price $28.96
After the company reported stronger than expected fourth quarter results, Stifel Nicolaus increased their price target on National Instruments Corporation. The firm thinks the company has meaningful operating leverage and they maintain a Buy rating on the stock.
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