Stock Analyst Insights Feb. 9th: Groupon, Diamond Foods, Cohen & Steers, SIG, ROLL
Groupon Inc (NASDAQ:GRPN): Barrington believes Groupon’s Q4 operating metrics were strong and attributes the weaker than expected earnings to higher taxes. The firm sees significant upside to the consensus estimates and maintains an Outperform rating on the stock with a $30 price target.
Diamond Foods, Inc.(NASDAQ:DMND): Jefferies believes many questions remain following Diamond Foods’ (NASDAQ:DMND) restatement and CEO, CFO replacements. The firm assumes the Pringles deal will be called off now, leaving Diamond Foods liable for a $60M breakup fee to Procter & Gamble (NYSE:PG). Jefferies keeps a Hold rating on the stock.
Cohen & Steers Inc.(NYSE:CNS): Cohen & Steers removed from the short-term sell list at Deutsche Bank
Signet Jewelers Limited(NYSE:SIG): JP Morgan removed Signet Jewelers from its Analyst Focus List citing valuation and near-term calendar shift risk. The firm lowered its price target for shares to $52 from $55 but keeps an Overweight rating on the stock.
RBC Bearings Inc.(NASDAQ:ROLL): Barrington raised its estimates and price target for RBC Bearings citing solid sales and profit visibility following the company’s Q3 results. The firm keeps an Outperform rating on the stock.
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