ThinkEquity Sees Apple Stock Momentum in 2012, Harley-Davidson Outperforms
Apple Inc. (NASDAQ:AAPL): ThinkEquity increased its target on Apple after the company reported stronger than expected Q4 results. The firm expects the company’s momentum to continue throughout 2012 and it maintains a Buy rating.
Harley-Davidson, Inc. (NYSE:HOG): After Harley-Davidson reported stronger than expected Q4 results, RBC Capital expects the company to outperform this year. The firm expects the stock’s execution risk to diminish after Q2, and it maintains an Outperform rating on the company.
Teradyne Inc. (NYSE:TER): Susquehanna raised its price target on Teradyne ahead of Q4 results. The firm said consensus estimates do not reflect the seasonality of semi test services and LitePoint revenues. Susquehanna noted the recent run up in the shares and would use pullbacks as a buying opportunity. Shares are Positive rated.
Fusion-IO, Inc. (NYSE:FIO): JP Morgan believes the lack of upside in Fusion-io’s guidance is likely to disappoint investors and bring pressure to the stock over the near-term. The firm lowered its price target for Fusion-io to $30 and maintains a Neutral rating on the name.
IHS Inc. (NYSE:IHS): After traveling with management, Piper Jaffray believes shares of IHS Inc. could double over the next three years. The firm believes the company’s organic growth remains robust and sees substantial upside potential to margins.
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