SLM Issues Conservate Outlook, Baird Says Buy Cardinal Financial, Grand Canyon a Top Piper Pick
With buyers coming back to the stock market, and consistent good news soaking into the economic recovery, analysts took a deeper dive into the following 3 stocks and provided shareholders more insights on the future:
SLM Corporation (NYSE:SLM): FBR Capital says SLM Corporation is giving conservative fiscal year guidance for 2012. Reviewing fourth quarter results, FBR Capital believes the company is confident with its operations strategy. While the company guides conservative, the firm keeps an Outperform with a $21 target.
Cardinal Financial Corp. (NASDAQ:CFNL): RW Baird says buy Cardinal Financial on weakness. If Cardinal has any weakness after fourth quarter results, Baird sees a buying opportunity. The firm cited the company’s responsiveness to macro economic challenges and impressive loan growth. Baird maintains a Neutral but raises target from $11 to $12.
Grand Canyon Education, Inc. (NASDAQ:LOPE): Piper Jaffray names Grand Canyon a top pick. The firm picks a star pupil in the eduction sector naming Grand Canyon a top pick for 2012. The company stands out from the rest of the sector. The firm keeps an Overweight and raises target from $19 to $22.
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