Stock Insights: FedEx, Yum! Brands, SanDisk, NICE Systems, Power Solutions International March 28th
FedEx Corporation (NYSE:FDX): Argus increased its target on FedEx after the company reported higher than expected Q3 EPS. The firm expects the company to generate above-average profit growth rates, and it reiterates a Buy rating on the stock.
Yum! Brands, Inc. (NYSE:YUM): Yum! Brands removed from Focus List at Credit Suisse
SanDisk Corp. (NASDAQ:SNDK): Lazard Capital expects the devaluation of the Japanese yen to positively impact SanDisk’s bottom line. The firm raised its FY12 estimate for the company to $4.57 from $4.45 and continues to recommend the stock with a Buy rating.
NICE Systems Ltd. (NASDAQ:NICE): FBR raised its price target for NICE Systems after channel checks indicated the company is seeing positive demand trends across both its enterprise and security segments. The firm maintains an Outperform rating on the stock.
Power Solutions International Inc (OTC:PSIX): Roth Capital increased its target on Power Solutions after the company reported higher than expected Q4 EPS and revenue. The firm thinks demand for the company’s natural gas-fueled engines is poised to increase, and it maintains a Buy rating on the stock.
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