LinkedIn Long-Term Growth Earns Buy Rating, Citi Says Bunge a Top Stock Pick
Linkedin Corporation (NYSE:LNKD): Collins Stewart raised its estimates and price target for LinkedIn following the company’s better tnan expected Q4 results and guidance. The firm sees long-term growth opportunities for LinkedIn and reiterates a Buy rating on the stock.
Health Net Inc.(NYSE:HNT): Citigroup raised its price target for Health Net citing the company’s dual eligible opportunity. Citi assumes Health Net will achieve $2B from the California dual expansion and keeps a Buy rating on the stock.
Bunge Ltd.(NYSE:BG): Citigroup reiterates Bunge as its top pick in large-cap U.S. food as it believes the company’s earnings potential is being significantly undervalued. The firm keeps a Buy rating on the stock with a $95 price target post Bunge’s Q4 results.
MakeMyTrip Limited(NASDAQ:MMYT): Collins Stewart attributes MakeMyTrip’s top-line miss in Q3 to adverse currency trends and believes the company’s core business remains strong. The firm says investor concerns over potential pressure on air net revenue margins and increasing competition are overblown and reiterates a Buy rating on the stock.
Life Time Fitness Inc.(NYSE:LTM): Oppenheimer believes that Life Times Fitness’ management has become more focused on driving better returns on capital, and the firm believes that investors aren’t fully appreciating the company’s earnings power. The firm maintains an Outperform rating on the stock.
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