VMware Sees Healthy DEMAND and 4 Stock Analyses Turning Heads
Nokia Corporation’s (NYSE:NOK) recent strength after the Apple (NASDAQ:AAPL) ruling against Samsung is believed by Bernstein to be unwarranted since Window’s phones have not gained much consumer traction and tablets have been dominated by the iPad. The analyst stated that shares have almost doubled since the Q2 report with no fundamental improvement and recommends initiating short positions. Shares of Nokia have an Underperform rating and a $1.56 price target.
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hiSoft Technology International Ltd. (NASDAQ:HSFT): Following meetings with the management teams of both HiSoft and VanceInfo (NYSE:VIT), which are slated to merge, Stifel Nicolaus thinks that the merger may be able to address a majority of investors’ concerns. The firm thinks that HiSoft may be range-bound during the near-term, but keeps a Buy rating on the stock.
VMware, Inc. (NYSE:VMW): After it attended VMware’s analyst day, Oppenheimer vies the company as being in a position to benefit from trends in virtualization within the next two to three years. The firm believes that the company continues to see healthy demand, and Oppenheimer maintains an Outperform rating and a $125 target on the stock.
Polypore International Inc. (NYSE:PPO) estimates were reduced by DA Davidson since the firm believes that production of GM’s (NYSE:GM) Chevy volt could be slowed. The firm recommends waiting for unmistakable signs of a rebound in Polypore’s lithium ion business before becoming positive on the stock, and it keeps a Neutral rating on the stock.
Best Buy Co. Inc. (NYSE:BBY): Oppenheimer thinks that private equity firms will not show interest in purchasing Best Buy, because of what the firm views as the company’s failing business model. The firm keeps a Perform rating and a $17 target on the stock.
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