Stock Trading Alerts Feb. 7th: True Religion, Coinstar, Guess?, Veeco, Amylin
True Religion Apparel Inc.(NASDAQ:TRLG): Benchmark Co. raised its price target for True Religion citing management’s strong execution ahead of the company’s earnings on February 9. The firm keeps a Buy rating on the stock.
Coinstar Inc.(NASDAQ:CSTR): Piper Jaffray believes Coinstar’s plans to launch a joint venture with Verizon and acquire NCR’s DVD kiosk assets will accelerate share gains in the movie rental space. The firm reiterates an Overweight rating on Coinstar shares post the company’s Q4 results and maintains a $68 price target for the stock.
Guess? Inc.(NYSE:GES): Jefferies believes Guess shares offer 50% upside potential versus 10% downside risk and recommends buying the stock aggressively at current levels. The firm believes the company’s North American business is stabilizing while Europe fears are already priced into shares.
Veeco Instruments Inc.(NASDAQ:VECO): Goldman said Veeco’s Q4 results and outlook indicate continued weak demand for LED equipment. The firm reiterates its Neutral rating on limited near-term visibility into a cyclical turn in MOCVD orders.
Amylin Pharmaceuticals, Inc.(NASDAQ:AMLN): Jefferies believes Amylin’s 2012 guidance suggests upside to its Exenatide sales estimates. The firm upped its price target for shares post the company’s Q4 results and keeps a Buy rating on the stock.
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