Equity Insights May 2nd: Tripadvisor, Bridgepoint, OpenTable, Barrick Gold, Herbalife May 2nd
Bridgepoint Education, Inc. (NYSE:BPI): William Blair views the sell-off yesterday in shares of Bridgepoint Education as a good buying opportunity. The firm believes the company is not getting credit for its execution and sees catalysts in the middle of the year for the stock.
OpenTable, Inc. (NASDAQ:OPEN): Barclays said OpenTable’s miss was not due to competitive factors but industry and macro conditions. The firm said margins are expanding and that mobile growth and restaurant addition trends are solid. The firm recommends buying on weakness and reiterates its Overweight rating and $50 price target.
Barrick Gold Corporation (NYSE:ABX): 07:22 EDT Barrick Gold: maintains 2012 gold production of 7.3M-7.8M oounces
Herbalife Ltd. (NYSE:HLF): Barclays said Herbalife weakness due to questions regarding its network marketing business are not new concerns. The firm expects shares to recover and reiterates its Overweight rating and $89 price target.
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