Student Transportation (:STB) fell during the last few trading days due to a short seller’s assessment that the company will not have the ability to pay its dividend in FY13, but Stifel does not agree with the assessment and keeps a Buy rating and a $7.30 price target on the stock.
Cirrus Logic Inc. (NASDAQ:CRUS) better than expected guidance is believed by Neeham to suggest a content increase for the iPhone5 and the newest iPad line-up. The firm maintains a Buy rating but increases its price target on the stock.
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Humana Inc. (NYSE:HUM) price target was lowered by Oppenheimer following the company’s reduced 2H12 guidance. The firm continues to view the company’s long-term outlook as compelling, and it keeps its Outperform rating on the stock.
Kraft Foods Inc. (NYSE:KFT): According to UBS, Kraft is its favorite name the Food group because of momentum, potential productivity, global cross selling opportunities, and under-appreciated break-up value. Shares have a Buy rating and a $46 price target.
Oracle Corp. (NASDAQ:ORCL) and Infosys (NASDAQ:INFY) announced that Fayetteville Public Works Commission, or FPWC , who delivers electricity, water, and wastewater services to nearly 110,000 customers in the City of Fayetteville, N.C. as well as surrounding areas within the county, recently chose a broad footprint of Oracle applications and technology solutions, along with Infosys implementation expertise, to make customer service better and t0 support smart grid initiatives.
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