Equity Insights April 3rd: F5 Networks, BorgWarner, Intel, Bemis Company, Allscripts
Intel Corporation (NASDAQ:INTC): BofA/Merrill raised Intel estimates citing improving PC data and increased server growth forecasts. Shares are Buy rated.
F5 Networks, Inc. (NASDAQ:FFIV): BofA/Merrill expects F5 to benefit from a server upgrade cycle and to benefit from the Romley launch. Shares are Buy rated.
BorgWarner Inc. (NYSE:BWA): Wells Fargo removed BorgWarner from its Priority Stock List, citing valuation. The firm maintains an Outperform rating on BorgWarner.
Bemis Company, Inc. (NYSE:BMS): Goldman sees risk to Q1 EPS Street estimates for 47c due to sluggish U.S. packaging food demand and increased resin prices. Shares are Sell rated with a $30 price target.
Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX): Sterne Agee believes that Allscripts’ valuation discount compared with its peers is excessive. The firm doesn’t expect the company to reduce its guidance and it reiterates a $24 target and Buy rating.
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