Analyst Alerts: Omnicare, Apple, Questcor, Boeing June 11th
Omnicare Inc. (NYSE:OCR): RBC Capital does not expect the departure of CEO John Figueroa to disrupt the company’s turnaround. The firm recommends using the pullback in shares today as a buying opportunity.
Apple Inc. (NASDAQ:AAPL): After NPD reported that U.S. sales of Apple’s Macs in April and May were well below expectations, Piper Jaffray sees greater risk of downside to its in-line Mac estimates. The firm, however, maintains its outlook as it expects the Mac refresh to boost unit sales. The firm expects Apple shares to perform well into the launch of iPhone 5, and it reiterates an Overweight rating.
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR): Ladenburg increased its target on Questcor as the firm believes there is a relatively high probability that the company’s Acthar drug will successfully treat rheumatology indications. In addition, the firm raised its estimates based on the company’s recent performance. Ladenburg maintains a Buy rating on the shares.
Boeing Co. (NYSE:BA): Boeing, Delta Air, and NetSpend added to Featured Selections list at Sterne Agee
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.