Intuit Outlook Remains STRONG and 4 Stock Analyses to Notice
Dell Inc. (NASDAQ:DELL) price target has been reduced to $12 from $12.50 by UBS.
MGM Resorts International (NYSE:MGM): UBS has reduced 2013 Las Vegas Strip gaming revenue estimates to up 3 percent from 4 percent because of slowing near-term trends. The firm adjusted its MGM Resorts FY13 share loss estimate to 29c from 22c and keeps its Neutral rating.
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Celgene Corporation (NASDAQ:CELG): According to Wells Fargo, its survey of physicians showed that Revlimid still has room for more growth in use, and pomalidomide also possesses a greater potential opportunity than the firm had previously realized. Wells maintains an Outperform rating on Celgene and increases its price target range on shares to $78-$82 from $73-$75.
Intuit Inc. (NASDAQ:INTU) fell 3 percent in after-hours trading yesterday because of what seem to be a Q4 miss, causing UBS to report that EPS for the company was actually in-line with the consensus estimate, and its FY13 revenue guidance beat expectations, following adjustment for one-time items. The firm believes that the outlook for the company is still strong, and it keeps a Buy rating on the stock.
Intuit Inc. (NASDAQ:INTU): JPMorgan claims that Intuit’s FY13 guidance was better than expected, and the firm thinks that the company’s core business has become more profitable as its growth accelerated. The firm reiterates an Overweight rating on the stock.
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