Juniper Networks Up Despite Analyst View, Sina Shares Rise 9%, CRM named Top Mid-Cap Pick

The U.S. financial markets are receiving another lift today. The DJIA hit 12,500 this morning, the S&P 500 Index is approaching 1,300 and the Nasdaq is above 2,700. These companies saw new analyst reviews released this morning. Here are the insights:

Sina Corp. (NASDAQ:SINA): Piper Jaffray does not expect ID check cost for SINA. Last week, a Chinese blog said under new government regulations, each Identification checked for Sina Weibo would cost up to 2 Renmibi (RMB). Piper Jaffray investigated and believes any variable cost Sina might pay for ID checks will be almost zero.  The firm feels Sina Weibo is heavily discounted and keeps an Overweight.

Juniper Networks, Inc. (NYSE:JNPR): Stifel Nicolaus says lower margins at Juniper. When Juniper announced fourth quarters operating margins would be lower than expected from previous guidance, Stifel Nicolaus felt a decline in gross margins would be an issue if competitors were applying pricing pressure. The firm says new guidance is just slightly lower and it maintains a Buy. (NYSE:CRM): Piper Jaffray names 2012 top mid-cap pick. Piper Jaffray cited the the recent sahre pullback and reiterated an Overweight with a $183 target.

Cree Inc. (NASDAQ:CREE): Cantor says buy Cree aggressively. Cantor Fitzgerald has more confidence that solid state lighting will begin multi-year growth, starting this year.  The firm is recommending share accumulation, and maintains a buy with $51 target.

Ocz Technology Group Inc. (NASDAQ:OCZ): Sterne Agee likes current levels for OCZ Technology. Third quarter results for OCZ were stronger than expected, and the company raised guidance for fiscal year 2012. Sterne Agee believes the could be a sharp increase in gross margins and maintains a Buy with a $13 target.

Magna International, Inc. (NYSE:MGA): Bernstein names 2012 candidates for leverage buy out (LBO). With record numbers of LBO candidates worldwide, Bernstein feels 2012 see see many mergers and acquistions (M&A). Candidates for LBO named by Bernstein are: Applied Materials (NASDAQ:AMAT), DISH Network (NASDAQ:DISH), KLA-Tencor (NASDAQ:KLAC), Magna (NYSE:MGA), Marvell Technology (NASDAQ:MRVL), Omnicom (NYSE:OMC) and Thermo Fisher (NYSE:TMO).

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