Moody’s Risk Reduced As Shares Up, Analyst Says SUPERVALU Sell-Off Overdone
The stock market continues to move quietly in the small, tight trading range today. Analysts opined on the following companies to give shareholders some info to deliberate over on the investing front:
Moody’s Corp. (NYSE:MCO): Moody’s, McGraw-Hill litigation risk manageable. Piper Jaffray says there is nothing unique in the continuing California Public Employees’ Retirement System lawsuit agains rating agencies Moody’s (NYSE:MCO) and McGraw-Hill (NYSE:MHP). The firm says the litigation risk is both manageable and declining as it reiterates both stocks as Overweight.
UniTek Global Services, Inc. (NASDAQ:UNTK): UniTek Global sell-off overdone. Roth Capital says yesterday’s 25 percent drop at UniTek is overdone and see compelling valuation. The firm expects a smooth transition in management and stays with its estimate for 2012 and maintains a Buy.
SUPERVALU Inc. (NYSE:SVU): SuperValu sell-off overdone. Cantor Fitzerald feels SuperValu’s third quarter was mostly in-line with estimates and the company may have some challenges structurally, but still has a solid foundation. The firm reiterates a Buy.
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR): Questcor weakness unwarranted. Oppenheimer says buy Questcor on weakness caused by investor blog allegations. The firm thinks the allegations are groundless, but will taint the stock until they are cleared up.
Further Reading: Wells Fargo Company’s Upcoming Quarterly Earnings Sneak Peek>>
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