Servicesource REPORTS Strong Q2 Results and 4 Stock Analyses to Notice Now
Servicesource International Inc (NASDAQ:SREV): Following ServiceSource’s report of better than expected Q2 results, Oppenheimer upped its target on the shares from $18 to $22 while holding to an Outperform rating.
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Halozyme Therapeutics, Inc. (NASDAQ:HALO): Barclays reported that Halozyme’s sell-off due to the FDA’s clinical hold on rHuPH20 is overblown and points out that its Roche partnership and insulin and clinical programs are intact. Shares are rated Overweight with a $8 price target, down from $15.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): Piper Jaffray reduced its estimates and price target for Green Mountain after the company’s Q3 outcomes. piper believes uncertainty persists as the market considers Green Mountain’s new long-range plans and holds to a Neutral rating on the stock.
Comstock Resources Inc. (NYSE:CRK): Following Comstock’s sell off based on disappointment in its Eagle Ford joint venture, Oppenheimer believes the deal bolsters the company’s 2013 oil growth outlook and balance sheet. Oppenheimer plans on the company’s EBITDA growing in the coming years and it repeats an Outperform rating.
Zumiez, Inc. (NASDAQ:ZUMZ) turned in a drop in trends in the fourth week of July, but Oppenheimer does not think the fall points to a big problem. The firm maintains a $45 target and Outperform rating.
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