Deutsche Bank Rates Apple Inc a Buy, RBC Sees Strength at McDonald’s
Apple Inc. (NASDAQ:AAPL): Deutsche Bank raised its estimates and price target for Apple following the company’s better than expected Q1 results and views Apple’s guidance as conservative given its product momentum. The firm maintains a Buy rating on the stock.
McDonald’s Corp. (NYSE:MCD): After McDonald’s reported higher than expected Q4 EPS but lower than expected revenue, RBC Capital expects strong sales and margins by the company to overcome several earnings headwinds this year. The firm maintains an Outperform rating on the stock.
Packaging Corp. of America (NYSE:PKG): Packaging Corp. target raised to $35 from $32 at DA Davidson – After Packaging Corp. reported higher than expected Q4 operating earnings, DA Davidson believes that the company’s fundamentals and sector are strong, and it maintains a Buy rating.
Pacific Biosciences of California, Inc. (NASDAQ:PACB): Pacific Biosciences added to short-term buy list at Deutsche Bank
Nxstage Medical, Inc. (NASDAQ:NXTM): Leerink attributes the recent sell-off in shares of NxStage Medical to concerns around the company’s 2012 guidance, but believes home hemodialysis adoption continues to ramp at a steady pace. Leerink would be a buyer of NxStage Medical share at current levels and maintains an Outperform rating on the stock.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
To contact the reporter on this story: Derek Hoffman at firstname.lastname@example.org
To contact the editor responsible for this story: Damien Hoffman at email@example.com