Green Mountain, Zynga, Open Text, Gap Top Biggest Stock Percentage Gainers Feb 2nd
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): Janney Capital said Green Mountain’s 4.2M brewers shipped in the quarter is a clear sign of strong momentum and provides support for further household penetration potential ahead. The firm believes its Street high 2013 EPS estimate of $4.25 looks conservative and strongly recommends investors buy shares. The firm rates Green Mountain a Buy with a $125 price target. The shares closed at $66.42, up $12.79, or 23.85%. They have traded in a 52-week range of $37.30 to $115.98.
Zynga Inc (NASDAQ:ZNGA): Piper Jaffray believes Facebook’s preliminary prospectus provides a positive read through to Zynga. The firm sees an expanding addressable market opportunity for Zynga due to Facebook’s growing user base and reiterates an Overweight rating on the stock with an $11 price target. The shares closed at $12.39, up $1.79, or 16.84%. They have traded in a 52-week range of $7.97 to $11.50.
Open Text Corporation (NASDAQ:OTEX): Stifel upgraded Open Text based on the solid Q2 report and valuation. Price target is $66. The shares closed at $60.35, up $7.73, or 14.69%. They have traded in a 52-week range of $46.34 to $72.32.
The Gap Inc. (NYSE:GPS): Expects year-end inventory dollars per store to be below previous guidance. The shares closed at $21.52, up $2.07, or 10.64%. They have traded in a 52-week range of $15.08 to $23.73.
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