Apple Inc. CEO Hints at Stock Dividend, eBay Hits Analyst’s Best Ideas List
Apple Inc. (NASDAQ:AAPL): Jefferies believes Apple CEO Tim Cook hinted at a dividend and bigger successor to the Apple TV at a conference yesterday in San Francisco. The firm found Cook’s comments as confirmation that Apple is likely to start paying a dividend in the second half of 2012. Jefferies keeps a Buy rating on Apple shares with a $599 price target.
Charles River Laboratories International, Inc.(NYSE:CRL): Baird raised its price target on Charles River Labs following Q4 results. The firm cited anticipation of stabilization in PCS market, low Street support, and valuation relative to peers. Shares are Outperform rated.
eBay Inc.(NASDAQ:EBAY): eBay added to Best Ideas List at Wedbush.
Michael Kors Holdings(NYSE:KORS): Baird raised its price target on Michael Kors following strong Q3 results. The firm cited revenue growth, growing brand awareness, product line extensions, and incremental distribution. Shares are Outperform rated.
TAL International Group, Inc.(NYSE:TAL): Wells Fargo increased its valuation range on TAL after the company reported higher than expected Q4 EPS. The firm expects the company to continue to gain market share and it reiterates an Outperform rating.
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