Stock Analysis: SAP Drops 1.75%, Charles River Climbs 19%, Genesco Fades 1.6%

The DJIA and S&P 500 are trading in the green on Tuesday. Analysts reviewed the following companies, giving shareholders fresh information and the ability to trade on the news:

SAP AG (NYSE:SAP): ThinkEquity say SAP AG undervalued. ThinkEquity believes SAP’s license business will be trending up , and investors are not reflecting the trend in stock price. The firm maintains a Buy rating.

Charles River Laboratories International, Inc. (NYSE:CRL): RW Baird say Charles River Labs is a takeout candidate. Baird referenced an article published by The Deal Reporter indicates Charles River Labs is pursuing a sale. Charles River Labs has previously been seen as a takeout candidate.  Unless management steps in and denies the story, the firm says the company could trade higher, possibly up to $40 a share. RW Baird rates Outperform with a $36 target.

Sensata Technologies Holding NV (NYSE:ST): Pacific Crest  buy Sensata below $24. Pacific Crest expects estimates for Sensata to drop and conservative guidance from the company in February. Pacific Crest feel this is unwarranted and as auto production rebounds in the second half of this year, Sensata will jump.  Pacific Crest maintains an Outperform and a $33 target.

Genesco Inc. (NYSE:GCO): Susquehanna raised Genesco target from $72 to $75.  Genesco pre-announced fourth quarter sales were stronger than expected.  Genesco cited the increased guidance on momentum to maintain a Positive rating.

Acuity Brands, Inc. (NYSE:AYI): RW Baird raised Acuity Brands target from $59 to $65. . Solid first quarter results, strong cash flow, magin epansion and increased operating leverage prompted Baird to raised its target. The firm rates Acuity Brands Outperform.

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