Salesforce.com RETAINS Outperform Rating and 4 Stock Analyses Trending Now
Brinker International Inc. (NYSE:EAT): Due to the company’s innovation and execution strategy,UBS raised Brinker International Inc.’s estimates. The firm has a Buy rating with a $38 price target, up from $37.
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Urban Outfitters Inc. (NASDAQ:URBN): After the company reported higher than expected second quarter results and earnings per share, Wells Fargo increased their valuation range on Urban Outfitters. The firm increased their estimates and maintains a Market Perform rating, before raising their rating, they would prefer to wait to see if Urban Outfitter’s second quarter comp strength continues into 2012.
Salesforce.com (NYSE:CRM): Oppenheimer recommends buying Salesforce.com ahead of next month’s Dreamforce conference. The firm expects the company to report favorable second quarter results, and they maintain an Outperform rating on the stock.
Church & Dwight Co. Inc. (NYSE:CHD): After Church & Dwight Inc. agreed to buy, privately held, Avid Health, Oppenheimer noted that this will provide the growing company with leading brands. The firm thinks the deal will be “nicely accretive,” to Church & Dwight’s margins and earnings per share, and they maintain an Outperform rating.
Lululemon Athletica Inc. (NASDAQ:LULU): Cowen said, “Several issues surrounding Lululemon Athletica Inc., including product dyeing issues and competition do not change their estimates.” The firm cites their product innovation as well as category expansion and believes that their premium valuation is sustainable. Shares are Outperform rated.
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