Tibco Pullback Seen as BUYING Opportunity and 4 Stock Analyses Making Headlines
Tibco Software, Inc. (NASDAQ:TIBX): UBS believes that investors should use the pullback in TIBCO shares as a buying opportunity after being downgraded by a competitor. The firm does not agree with the reasons for the downgrade.
Don’t Miss: Rumor Breakdown: Apple’s iPhone 5.
Huntsman Corporation (NYSE:HUN): Following Huntsman’s preannouncement regarding higher Q3 EBITDA than expected, Lazard Capital views that the stock’s risk/reward ratio as attractive. The firm continues to have a Buy rating and an $18 target on the stock.
Deere & Company (NYSE:DE): UBS stated that North American crop tractor sales have risen 17 percent year-over-year, which places Deere in the position to outperform during 2H 2012.
Tibco Software, Inc. (NASDAQ:TIBX): According to Bank of America Merrill Lynch, TIBCO shares have fallen due to speculation in regards of possible workforce cuts within the U.S. However, the firm does not believe that the cuts will occur, and it continues to believe that the company has still been hiring. The analyst recommends using the weakness as a buying opportunity, and the firm keeps its Buy rating and $35.50 price target on the stock.
K12, Inc. (NYSE:LRN) weakness is believed by Wells Fargo to be related to contracted courses for the state that uses non-certified teachers is overdone. The firm stated that the program is a representation of fewer than $500,000 in revenue. This is not expected to be material to the company’s financials if the program closed. Shares have an Outperform rating.
Don’t Miss: Wal-Mart Has BIG Plans to Take Over India.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>