Equity Analyst Alerts: DISH, Cardinal Health, Iconix Brand, St. Jude, Lear
Dish Network Corp.(NASDAQ:DISH): Deutsche Bank believes DISH Network’s (NASDAQ:DISH) request for terrestrial-only usage waivers for S-band licenses and Verizon’s (NYSE:VZ) acquisition of AWS licenses may be facing stiff resistance at the FCC.
Cardinal Health, Inc.(NYSE:CAH): Leerink views Cardinal Health’s temporary restraining order against the DEA’s immediate suspension of its Lakeland, Fla. DEA registration as a significant positive for the company. The firm keeps a Market Perform rating on Cardinal Health, but says it is positively inclined towards shares.
Iconix Brand Group, Inc.(NASDAQ:ICON): Citigroup says Iconix Brand shares remain attractively valued given the company’s free cash flow and growth opportunities. The firm raised its price target and reiterates a Buy rating on the name.
St. Jude Medical Inc.(NYSE:STJ): Citigroup maintains a Sell rating on St. Jude Medical shares with a $37 price target following the company’s annual event. Citi questions whether St. Jude’s sales can top mid-single digit growth in 2012 and feels the company’s pipeline is likely to see more disappointments before next year’s meeting.
Lear Corp.(NYSE:LEA): Shares were removed due to automatic time demotion.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
To contact the reporter on this story: Derek Hoffman at email@example.com
To contact the editor responsible for this story: Damien Hoffman at firstname.lastname@example.org