Molycorp NEEDS Capital and 4 Stock Analyses to Eye
Synopsys Inc. (NASDAQ:SNPS): Cowen expects Synopsis Inc. to report in line-third quarter results tomorrow, but is hoping for modest top and bottom-line upside. The firm also expects a solid outlook and cites their recent acquisitions as underscoring their confidence. Shares are Outperform rated.
Urban Outfitters Inc. (NASDAQ:URBN): Following the company’s second quarter report, which is better than consensus and viewed by the firm as a turning point, JPMorgan raised their price target on Urban Outfitters Inc. An Overweight rating is maintained on shares.
Corinthian Colleges Inc. (NASDAQ:COCO): Citing a slowing revenue growth, Deutsche Bank lowered Corinthian Colleges Inc. Shares are Hold rated with a $2.50 price target, and lowered to $3.60.
Deere & Company (NYSE:DE): After conducting dealer checks, Piper reported that Deere’s production issues as well as the drought have resulted in only minimal customer cancellations. The firm thinks that the company’s 2013 fundamentals will be stronger than expected and they reiterate an Overweight rating on their stock.
Molycorp, Inc Common Stock: (NYSE:MCP): JPMorgan lowered their price target on Molycorp, Inc. Common Stock shares to $8.50. This reflects the recent dilution and said additional capital will likely be needed. The firm keeps an Underweight rating on Molycorp.
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