Equity Insights May 17th: HollyFrontier, Chefs Warehouse, IMAX, Fifth Third, Concur Technologies
HollyFrontier Corp (NYSE:HFC): HolyFrontier was removed from Deutsche Bank’s short-term buy list due to an automatic time demotion.
The Chefs Warehouse, Inc (NASDAQ:CHEF): After viewing a presentation by the management of Chef’s Warehouse, BMO Capital believes that the company can continue to gain market share .The firm thinks that Chef’s long-term prospects are still strong and it maintains a $26 target and Outperform rating on the shares.
IMAX Corporation (NASDAQ:IMAX): Canaccord said IMAX’s Q2 is tracking strongly and that consistent outperformance of international PSA’s is not fully factored into expectations. Additionally, the analyst believes the deal pipeline is strong and recommends buying shares on recent weakness. Shares are Buy rated with a $32 price target.
Fifth Third Bancorp (NASDAQ:FITB): Jefferies believes Fifth Third Bancorp’s core business is trending well and finds the stock attractive at current levels. The firm keeps a Buy rating on the name with a $16 price target.
Concur Technologies, Inc. (NASDAQ:CNQR): Baird said they would be buyers on the recent weakness of Concur as they believe the company will continue to succeed in its business space despite increasing competition. Shares remain Outperform rated with a $65 price target.
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