Dell AFFECTED by Reduced Demands and 4 Stock Analyses Attracting Investor Interest
WageWorks (:WAGE) target was raised by JMP Securities after the company reported stronger Q2 results than expected. The firm keeps an Outperform rating on the stock.
Dell Inc. (NASDAQ:DELL): According to Goldman, data continues to suggest that PC demand is declining and that macro weakness and tablets will add weight to units and pricing. The firm now predicts that 2012 unit growth will reach .7 percent compared to the 4 percent previously along with a 2013 unit growth of 4 percent versus 5.2 percent previously.
Incyte Corporation (NASDAQ:INCY): Cowen stated that Incyte’s recent weakness provides a great entry point for a company with a promising future. The firm claimed that the company will lower its starting dose for Jakafi patents as an attempt to lower patient discontinuation, and management hopes to surpass the guidance it provided last week. Shares have an Outperform rating.
IberiaBank Corp. (NASDAQ:IBKC) revenue trends are believed by Oppenheimer to be strengthening, as its profitability improves during 2013. The firm keeps an Outperform rating and a $58 target on the stock.
Rex Energy Corporation (NASDAQ:REXX) stock was boosted yesterday due to much better than expected results from competitor Gulfport Energy’s (NASDAQ:GPOR) first horizontal well in the Utica. Oppenheimer thinks that Rex may announce results from its Utica far before its Q3 earnings report. The firm reiterates an Outperform rating on the stock.
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