Stock Analyst Insights: Salesforce.com, National Oilwell, Cognizant Tech, Nabors, Amylin
Salesforce.com (NYSE:CRM): After conducting checks, BMO Capital reports that its sources were upbeat about Salesforce.com’s January quarter. The firm does not think that the company’s momentum has slowed, and it maintains a $150 target and Outperform rating on the stock.
National Oilwell Varco, Inc.(NYSE:NOV): BMO Capital increased its target on National Oilwell after the company reported higher than expected Q4 operating EPS. The firm thinks the company remains poised for growth and it maintains an Outperform rating.
Cognizant Technology Solutions Corp.(NASDAQ:CTSH): JP Morgan expects Cognizant to report solid Q4 results, but views the risk/reward on shares as unfavorable into the numbers as it does not see upside to the company’s 2012 guidance. However, the firm keeps an Overweight rating on the stock.
Nabors Industries Ltd.(NYSE:NBR): Pritchard believes Nabors Industries’ agreement with Gene Isenberg is a positive for shares since it removes a governance issue that was an overhang on the stock. The firm reiterates a Buy rating on the stock with a $36 price target.
Amylin Pharmaceuticals, Inc.(NASDAQ:AMLN): Imperial Capital believes Amylin shares are overvalued at current levels. The firm lowered its price target and keeps an Underperform rating on the name.
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