Netflix Future Uncertain, Dunkin Brands Has Strong Outlook, TJX a Top Biotech Idea
Netflix, Inc.(NASDAQ:NFLX): Piper Jaffray believes solid Q4 results are largely priced into Netflix shares following the recent rally in the stock. With 2012 a transition year for the company, Piper thinks many investors are already looking out to 2013. The firm finds it difficult to predict Netflix’s 2013 results, but keeps an Overweight rating on the stock.
Dunkin’ Brands Group Inc (NASDAQ:DNKN): Goldman expects Dunkin’ Brands (NYSE:DRI), Tim Hortons (NYSE:THI), and Darden (NYSE:DRI) to exceed Q4 expectations and sees risk to P.F. Chang’s (NASDAQ:PFCB) and Cheesecake Factory (NASDAQ:CAKE) expectations.
The TJX Companies, Inc.(NYSE:TJX): Mood Media has been awarded the contract to supply a major U.S. based, multi-banner retailer with in-store music and messaging in 2,200 stores across the U.S., Canada and Europe. The scope of the contract includes the development of content for music and messaging and the installation of Mood Media’s Internet Media Player. The TJX Companies (NYSE:TJX) has been a Muzak client for many years.
Gilead Sciences Inc.(NASDAQ:GILD): JP Morgan said Gilead (NASDAQ:GILD) and Alexion (NASDAQ:ALXN) were its best ideas in the Biotechnology space heading into the Q4 reporting season.
Navistar International Corp.(NYSE:NAV): Wells Fargo anticipates that Navistar’s stock will advance, as truckers have had positive outlooks on the performance of the company’s 13-L and 15-L engines, while the penalties for noncompliance with environmental rules will likely be relatively low, according to the firm. The firm maintains an Outperform rating.
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