Stock Insights: Bed Bath & Beyond, Amarin, Express, OpenTable, BankUnited April 5th
Bed Bath & Beyond, Inc. (NASDAQ:BBBY): Jefferies raised its price target for Bed Bath & Beyond following the company’s Q4 results and keeps a Buy rating on the stock.
Amarin Corporation plc (NASDAQ:AMRN): Jefferies believes shares of Amarin overreacted to the downside yesterday after the U.S. Patent and Trademark Office posted a non-final action for the company’s ‘569 patent application related to ANCHOR use. Jefferies says it is very early in the process for the patent review and keeps a Buy rating on Amarin shares.
Express Inc. (NYSE:EXPR): After meeting with Express’ management, BMO Capital is confident that Express can significantly increase its operating margin over the next couple of years. The firm believes that the company has a strong fall merchandise pipeline, and it maintains an Outperform rating on the stock.
OpenTable, Inc. (NASDAQ:OPEN): Barclays said OpenTable’s March restaurant adds were strong and that North American adds are likely in-line with its Q1 estimate. The analyst is encouraged but said its search query index weakened and and sees limited upside to Q1 revenue estimates. The firm believes fundamentals remain intact and sees limited downside to shares. The firm rates OpenTable an Overweight with a $55 price target.
BankUnited (NYSE:BKU): Wells Fargo believes that BankUnited’s risk/reward ratio is attractive and it maintains an Outperform rating on the stock.
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