Discover to BENEFIT from PayPal Partnership and 4 Stock Analyses Buzzing Mid-Morning
The Hain Celestial Group, Inc. (NASDAQ:HAIN) target has been raised by Citigroup following the company’s reported higher than expected Q4 EPS and higher than expected 2013 EPS guidance. The firm keeps a Buy rating on the stock.
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Discover Financial Services (NYSE:DFS) announced a partnership with eBay’s (NASDAQ:EBAY) PayPal, causing Citigroup to predict that the agreement may boost Discover’s annual revenue by 5 percent if the PayPal card becomes popular. The firm thinks that the deal could become more attractive for Discover when mobile payments proliferate, but it keeps a Neutral rating on the stock.
Urban Outfitters Inc. (NASDAQ:URBN) target has been raised by RBC Capital after the company reported a higher EPS for Q2 than expected. The firm believes that the company’s turnaround continues and it keeps an Outperform rating on the stock.
American Eagle Outfitters, Inc. (NYSE:AEO) reported in-line Q2 EPS, influencing RBC Capital to think that the company’s momentum seems to continue into Q3. The firm believes that the company’s new CEO is positively impacting its results, and RBC Capital still recommends buying the stock.
ArthroCare Corporation (NASDAQ:ARTC) announced the arrest of two former executives, pushing Piper Jaffray to believe that the likelihood of a near-term resolution to the legal matters has risen, which may remove an overhang on the stock. The firm keeps its Overweight rating and a $35 price target on the stock.
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