Linear Technology Valuation Appears Stretched and 4 Stock Analyses Attracting Attention
F5 Networks, Inc. (NASDAQ:FFIV): Current Price: $95.50
According to William Blair, its channel checks show a mixed picture for F5 Networks during Q1, since a cautious spending environment has been causing deals to slip. The firm believes that F5’s pipeline continues to be strong and that it likes the company’s setup for 2013’s second half. William Blair continues to have an Outperform rating on the stock.
Domtar Corporation (NYSE:UFS): Current Price: $81.51
Goldman downgraded the U.S. Paper & Forest Products sector to Neutral from Attractive because of valuations, and as part of the sector downgrade, the firm downgraded Domtar to Neutral from Buy and removed Rock-Tenn (NYSE:RKT) from its Conviction Buy List.
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Linear Technology Corp. (NASDAQ:LLTC): Current Price: $35.52
Citigroup says At current levels, Linear Technology’s valuation seems to be stretched at current levels, and the firm keeps a Sell rating and a $32 price target on the stock. Citi has stated that it prefers higher growth peers Avago (NASDAQ:AVGO) and Maxim Integrated (NASDAQ:MXIM) to Linear.
Owens Corning (NYSE:OC): Current Price: $39.27
RBC Capital has decided to raise its target on the stock due to the firm’s beliefs that all of the company’s business segments should improve into the future. The firm predicts that the company’s EBITDA will represent strong growth during 2014 but it keeps its Sector Perform rating on valuation.
Responsys Inc (NASDAQ:MKTG): Current Price: $7.16
William Blair continues to think that Responsys’ approved change of control severance plan for its executive officers indicates that the company has been considering selling itself. The firm is convinced that multiple companies may have interest in acquiring Responsys, which includes IBM (NYSE:IBM) and Adobe (NASDAQ:ADBE). William Blair gives the stock a Market Perform rating.
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