General Motors, P.F. Chang’s, TRW, Crane, TransDigm Receive New Equity Analysis Feb. 17th
General Motors Corporation(NYSE:GM): UBS raised its price target on General Motors following Q4 results. The firm cited the pension funding which rose less than expected. UBS also noted the improvement in North American car sales which was offset by declines in Europe but expects a restructuring plan in the next few months. Shares are Buy rated.
P.F. Chang’s China Bistro, Inc.(NASDAQ:PFCB): After P.F. Chang’s reported lower than expected Q4 adjusted EPS, Sterne Agee believes that the price/value perception of the company’s brands is improving. The firm sees several possible catalysts for sales improvements in FY12 and FY13, and it maintains a $40 target and Buy rating.
TRW Automotive Holdings Corp.(NYSE:TRW): Sterne Agee raised its target on TRW after the company reported stronger than expected Q4 results. The firm maintains a Buy rating.
Crane Co.(NYSE:CR): FBR Capital views the recent underperformance in Crane shares as a buying opportunity following the company’s upbeat analyst meeting. The firm raised its price target for shares to $59 from $55 and reiterates an Outperform rating on the stock.
TransDigm Group Incorporated(NYSE:TDG): UBS raised its price target on TransDigm following its acquisition of AmSafe. The firm cited deal accretion, improved margins, and potential for deleveraging. Shares are Buy rated.
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