Stock Insights: Centene, Move, Monster Worldwide, Urban Outfitters March 22nd
Centene Corp. (NYSE:CNC): After meeting with Centene’s management, Oppenheimer believes that the company is poised for “major growth” in coming years. The firm maintains an Outperform rating on the stock.
Move, Inc. (NASDAQ:MOVE): After meeting with Move’s management, Oppenheimer sees Move as an effective play on the U.S. housing recovery and thinks the company’s prices are poised to increase over the next 18 months. The firm believes the stock’s valuation is highly compelling and it recommends buying the shares.
Monster Worldwide, Inc. (NYSE:MWW): Baird said Monster Worldwide is hosting a technology and innovation day today and will provide insight into its exploration of strategic alternatives. Baird believes there are many alternatives and investors should not simply assume the company is up for sale. Other alternatives include a sale of part of the company or a joint venture in emerging markets or technologies. Shares are Outperform rated with a $11 price target.
Urban Outfitters Inc. (NASDAQ:URBN): Piper Jaffray does not expect the turnaround at Urban Outfitters to be negatively impacted by the CFO transition and reiterates an Overweight rating on the stock with a $37 price target.
Benihana Inc. (NASDAQ:BNHN): After Benihana’s board announced that it would explore strategic alternatives, Roth Capital believes that private equity firms as well as the company’s management could submit takeover bids. The firm increased its target on the stock to $17.30 from $15 and reiterates a Buy rating.
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