Morgan Stanley’s Target Raised Following Solid Q3 and 3 Stock Analyses Buzzing Today
Ethan Allen Interiors Inc. (NYSE:ETH) target has been raised by Stifel Nicolaus following the company’s report of higher than Q1 adjusted EPS than previously expected. The firm keeps a Buy rating and increased its estimates on the stock.
Morgan Stanley (NYSE:MS) price target has been increased by Susquehanna after the company reported solid Q3 results due to the nearing of complete Smith Barney ownership, stabilization of its businesses, and the potential for multiple expansion. Shares have a Positive rating.
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SanDisk Corp. (NASDAQ:SNDK) target has been raised by Stifel Nicolaus after the company reported Q3 results surpassing expectations, influencing the firm to believe that the NAND Flash market has begun the early stages of a rebound. The firm keeps a Buy rating on the stock.
Lululemon Athletica Inc. (NASDAQ:LULU): According to Credit Suisse, lululemon’s product availability showed modest improvement with further extension into more casual product lines with a small rise in discounts. The analyst has developed concerns that the increased casual product and earlier seasonal discounting may cause concerns about new product response by consumers. Shares keep an Outperform rating and a $84 price target.