General Mills Downgraded to Sell and 4 Must-See Stock Analyses
AutoZone Inc. (NYSE:AZO): Current price $343.47
Credit Suisse believes that an upcoming large cold front is coming during the next few weeks which will drive comps higher again in the Spring. The firm anticipates that AutoZone Inc. is the best way to play weather bounce and noted that Advance Auto Parts (NYSE:AAP) has the most to gain from the weather.
Entropic Communications, Inc. (NASDAQ:ENTR): Current price $5.64
After meeting with Entropic Communication’s management, Benchmark Co. believes that international sales of the company’s MoCA and DBS ODU chips should increase. The firm thinks that the company’s efforts to become a more complete set-top box silicon solutions provider are delivering results and they maintain a Buy rating.
ARM Holdings PLC. (NASDAQ:ARMH): Current price $41.88
Pacific Crest increased their price target on ARM Holdings PLC as they believe that upcoming product adjustments by the company should help them to increase their royalty rate. The firm expects the royalty rate increases to raise ARM’s earnings per share and they maintain an Outperform rating on the shares.
Celgene Corporation (NASDAQ:CELG): Current price $82.3716
After the company issued guidance earlier this week, Lazard Capital raised their price target for Celgene Corporation and noted accelerating growth prospects. The firm calls Celgene one of their top picks for 2013 and keeps a Buy rating on the name.
General Mills Inc. (NYSE:GIS): Current price $40.8501
Goldman reduced their view on the Food sector due to valuation and challenging fundamentals. They downgraded General Mills Inc. from Neutral to Sell, J.M. Smucker (NYSE:SJM) from Buy to Neutral, and removed Campbell Soup (NYSE:CPB) from their Conviction Buy List.
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