Priceline.com Stock UNDER PRESSURE and 4 Stock Insights Attracting Interest
Allegheny Technologies Inc. (NYSE:ATI): After it conducted a sum of the parts analysis, Stifel Nicolaus thinks that Allegheny Technologies is worth about $43-$48 per share. The firm believes that high performance metals provide the stock with substantial appreciation potential, and it keeps a long-range target of $85 along with a Buy rating on the shares.
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Priceline.com Incorporated (NASDAQ:PCLN): According to JPMorgan, Priceline.com shares may be pressured due to its disclosure that previously reported Eurostat data probably understated its share of EU hotel room nights that were booked in 2011, but the firm thinks that Priceline still has room to grow share there and it still likes the shares on the post earnings pullback.
Hyatt Hotels Corporation (NYSE:H): Citigroup views Hyatt’s fundamentals as strong.
Chico’s FAS Inc. (NYSE:CHS): Sterne Agee thinks that Chico’s comps increased 4.3 percent during Q2, and the company has margin expansion opportunities going forward. The firm keeps its Buy rating and increases its target to $20 from $18 on the stock.
Aruba Networks, Inc. (NASDAQ:ARUN): Cowen claimed that Aruba networks should report in-line Q4 results on Thursday due to indications that spending on WLAN solutions is still a leading priority for IT managers as well as encouraging industry trends, tight operating expenses, and margin expansion. Shares have an Outperform rating.
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