Thursday, March 12, 2015

Analysts' Actions: Alkermes, GNC, Hewlett-Packard and More

NEW YORK (TheStreet) -- RATINGS CHANGES Alkermes was downgraded at Morgan Stanley to underweight from equal-weight. Twelve-month price target is $61. New products could underperform and the company is facing increased generic competition, Morgan Stanley said. GNC was upgraded at Morgan Stanley to overweight from equal-weight. Twelve-month price target is $56. Stock is down on regulatory risks, but expect no material fallout, Morgan Stanley said. Hewlett-Packard was downgraded at Barclays to equal-weight. Company continues to be hurt by the stronger dollar, Barclays said. Meritage Homes was downgraded at Citigroup to hold from buy. Twelve-month price target is $47. Company has 30% exposure to Texas, which could be hurt by lower energy prices, Citigroup said. Plantronics was downgraded at J.P. Morgan to neutral. Valuation call, based on a 12-month price target of $54, J.P. Morgan said. Santander Consumer USA was downgraded at Deutsche Bank to hold from buy. Twelve-month price target is $23. Parent company failed CCAR test, Deutsche Bank said. Must Read: 10 Stocks Carl Icahn Loves for 2015: Apple, eBay, Hertz and More Editor's note: To see analysts' stock comments and changes to price targets and earnings estimates, go to "Street Notes," which is available only to Real Money subscribers. To find out how to become a subscriber, please click here. Follow TheStreet on Twitter and become a fan on Facebook.


Click to view a price quote on HPQ. Click to research the Computer Hardware industry.





from Latest TSC Headlines http://ift.tt/1FRlr9X

No comments:

Post a Comment