Jack in the Box Identified as Top Idea and 4 Stock Analyses Buzz Today
Qlik Technologies, Inc. (NASDAQ:QLIK): Morgan Stanley said Qlik technologies, Inc.’s efforts to improve long-term growth which include a larger sales force, more service capacity, and product portfolio upgrade will accelerate growth in 2013. The firm believes Qlik offers the best risk/reward in the group and reiterates their Overweight rating and $28 price target.
Broadcom Corp. (NASDAQ:BRCM): After Cisco (NASDAQ:CSCO) reported stronger than anticipated first quarter results, JMP Securities believes that the company’s reports on the growth of some of their units sit well for some important businesses segments at Broadcom Corp. The firm reiterates a $42 price target and Outperform rating on Broadcom.
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Jack in the Box Inc. (NASDAQ:JACK): Oppenheimer believes the market is drawing incorrect conclusions about Jack in the Box based on poor results from a number of their competition. The firm anticipates that Jack in the Box will report higher than expected fourth quarter earnings per share and they believe the company has a number of upcoming catalysts. The firm classifies the stock as a good idea over the long-term and short-term.
Lowe’s Companies Inc. (NYSE:LOW): Oppenheimer increased their target on Lowe’s Companies Inc. as they anticipate the company will benefit from improving demand trends. The firm believes that the company’s fundamentals are ready to come back significantly and they keep an Outperform rating on their shares.
Hewlett-Packard Company (NYSE:HPQ): Due to the worsening PC environment and last month’s lowered guidance in Services, UBS continues to see a downside risk for Hewlett-Packard Company. They believe that Hewlett will eventually be broken up. A Sell rating is maintained.
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