Philip Morris International, Inc. (NYSE:PM): Stifel Nicolaus increased its target on Philip Morris after the company reported higher than expected Q4 EPS. The firm maintains a Buy rating on the stock.
First Solar, Inc. (NASDAQ:FSLR): UBS lowered its price target on First Solar following the announcment that the Antelope Valley Solar Ranch project has not received its loan guarantee from the Dept of Energy because its does not have a construction permit from Los Angeles county. Shares are Neutral rated.
Parker Hannifin Corporation(NYSE:PH): After meeting with Parker-Hannifin’s CFO and treasurer, Stifel Nicolaus reports that the company sounds upbeat on its near-term outlook in Europe and China. The firm maintains a $101 target and Buy rating.
Activision Blizzard, Inc.(NASDAQ:ATVI): Cowen said Activision Blizzard is well positioned for 2012 and beyond citing its robust pipeline, stabilized sales trends, and potential for an emerging franchise in “Skylanders”. Shares are Outperform rated.
TW Telecom Inc.(NASDAQ:TWTC): Cowen said tw telecom posted good Q4 results and should trade at a premium citing accelerating growth, strong margins, and balance sheet. Shares are Outperform rated.
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