Manchester United Analyst Expects Strong Reporting and 4 Stock Analyses to Track
Whole Foods Market, Inc. (NASDAQ:WFM): Current Price: $95.21
According to Cantor, Whole Foods’ earnings power continues to be “extremely strong” and the firm believe that the company will report slightly higher Q1 EPS than predicted, although it is convinced that the company has “significant sources of earnings variability.” Cantor keeps its Buy rating on the stock.
Moody’s Corp. (NYSE:MCO): Current Price: $44.70
Piper Jaffray has stated that it likes the risk/reward of Moody’s shares over the next 12-24 months due to its belief that the company’s litigation risks should be manageable. Piper is convinced that a two year upside in shares could be $90 and it reiterates its Overweight rating and a $59 12-month price target on the stock.
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Manchester United (NYSE:MANU): Current Price: $19.01
Jefferies believes that Manchester United will report strong Q2 results on February 14 and the firm thinks that the risk/reward on shares is very attractive. The firm decided to keep its Buy rating, but raised its price target to $23 from $20 on the stock.
Fossil, Inc. (NASDAQ:FOSL): Current Price: $103.77
Jefferies decided to increase its price target for Fossil shares prior to the company’s Q4 results tomorrow and keeps its Buy rating on the name. The firm is convinced that watches were a key gifting item during the holiday season and it predicts solid results from Fossil. Also, Fossil shares were downgraded this morning at Benchmark Co.
Duke Energy Corporation (NYSE:DUK): Current Price: $69.00
RBC Capital is convinced that a bill before the North Carolina Senate, allowing Governor McCrory to create a new all-Republican utilities commission, has the potential to produce lower electric rates due to the commission’s focus on helping other businesses. Furthermore, the firm is convinced that two rate cases could be delayed and it keeps its Sector Perform rating on Duke.
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