Concur Technologies Expected to Outperform and 4 Stock Analyses to Know Now
Michael Kors Holdings (NYSE:KORS): Current Price: $63.96
The company has been added to Citigroup’s Top Picks Live list and the firm keeps a Buy rating and a $75 price target on the stock. Citi believes that the company’s comps will continue to be higher than expected.
Archer Daniels Midland Company (NYSE:ADM): Current Price: $32.73
Stocks with implied volatility movement include Archer Daniels, iVolatility reports.
Concur Technologies, Inc. (NASDAQ:CNQR): Current Price: $71.99
The company’s is predicted by Credit Suisse to outperform as a result of a near-term acceleration in revenue growth driven by a ramp-up in impending U.S. government contract work. The company’s price target has been increased to $83 from $79.
Staples, Inc. (NASDAQ:SPLS): Current Price: $14.73
Citigroup is convinced that Staples is likely to be the big winner if a merger takes place between Office Depot (NYSE:ODP) and OfficeMax (NYSE:OMX). The firm is convinced that store closures post- merger has the potential to create significant market share opportunities for Staples. However, Citi warns that a possible deal between Office Depot and OfficeMax has the potential to receive scrutiny from the FTC.
Apache Corp. (NYSE:APA): Current Price: $76.74
The company has been removed from Credit Suisse’s U.S. Focus list considering relative valuation and reset expectations. The company’s price target has been reduced to $100 from $104.