Sirona Dental Expected to Show Strong Growth and 4 Stock Analyses Buzzing Today
Liberty Media Corp (NASDAQ:LMCA) is believed by Deutsche Bank to be a simple entity now with no trackers, and it will be even simpler after the spin-off of Starz, LCC. The firm reiterates a Buy rating and increases its price target on the stock.
Sirona Dental Systems Inc. (NASDAQ:SIRO) is expected by Citigroup to post strong growth during FY13, and it says that the stock continues to be its top pick in its coverage universe. The firm keeps its Buy rating and raises its price target to $68.20 from $55.80 on the stock.
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Rackspace Hosting, Inc (NYSE:RAX): According to William Blair, its channel checks suggest that Wal-Mart (NYSE:WMT) has been recruiting OpenStack engineers to assist in building its global data analytics platform that will use OpenStack. William Blair thinks that Rackspace is being used by the Wal-Mart division in charge of the project, and the firm also thinks that the opportunity will grow while the new platform is developed. The firm believes that the Rackspace management will comment about early OpenStack customer deployments when it is scheduled to report its Q3 results in November. The firm maintains its Outperform rating on the stock.
Green Dot Corporation (NYSE:GDOT): Jefferies has stated that its channel checks suggest that CVS Caremark (NYSE:CVS), which is currently one of Green Dot’s (NYSE:GDOT) most prominent distribution partners, could offer American Express’ (NYSE:AXP) new prepaid cards as soon as next week. The firm thinks that the possible share loss at CVS may show incremental headline risk for Green Dot influencing the firm to reduce its price target on Green Dot shares to $13 from $17. Additionally, Jefferies reduced its 2012 and 2013 earnings estimates for Green Dot due to American Express’ recent penetration of Green Dot’s key distribution partners Wal-Mart (NYSE:WMT) and CVS.
Susser Holdings Corporation (NASDAQ:SUSS) price target has been increased by Benchmark Co. due to the added value from the company’s Susser Petroleum spin-off. The firm keeps its Buy rating on the stock.
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