Jefferies & Company

In a report published by Jefferies, analyst Randal J. Konik upgraded Ulta Salon (NASDAQ: ULTA) from Hold to Buy and raised the price target from $85 to $100. In the report, Jefferies noted, "We are upgrading ULTA shares as we believe risk/reward is now attractive with the shares ~20% off their 52-...

In a report published by Jefferies, analyst Cynthia Meng maintained a Hold rating and lowered the price target from $61.00 to $60.65 per share on China Mobile Limited (NYSE: CHL). Jefferies reported that, “Mgmt. guided Capex of RMB190.2bn for FY13E, up 49% YoY, 19.6% above our higher than...

In a report published Wednesday, Jefferies & Company reiterated its Buy rating and $25.00 price target on Symantec Corporation (NASDAQ: SYMC). Jefferies noted, “SYMC provided early F3Q results ahead of its strategic review update meeting later today. Results were better than expected with the...

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Coach (NYSE: COH), but lowered its price target from $55.00 to $50.00. Jefferies noted, “COH missed 2Q results due to a tough macro and rising competition, and the 2H outlook is now more cautious. As topline...

In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Compuware Corporation (NASDAQ: CPWR), and slightly raised its price target from $11.00 to $12.00. Jefferies noted, “Strength in CPWR's growth segments combined with better-than-expected mainframe license results...

In a report published Wednesday, Jefferies & Company reiterated its Underperform rating on Canadian National Railway (NYSE: CNI), and raised its price target from $79.00 to $84.00. Jefferies noted, “CNI reported inline 4Q:12 EPS as improved cost management offset decelerating revenues. With...

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Norfolk Southern Corp. (NYSE: NSC), and raised its price target from $70.00 to $74.00. Jefferies noted, “NSC's 4Q beat consensus by 9%, albeit largely on tax rate. We think investors were expecting more going...

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Woodward (NASDAQ: WWD), and raised its price target from $36.00 to $41.00. Jefferies noted, “Following FQ1:13 earnings, our EPS estimates for FY13 and FY14 of $2.30 and $2.60 remain unchanged. We are revising...

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Waters Corporation (NYSE: WAT), and raised its price target from $88.00 to $90.00. Jefferies noted, “WAT's 4Q12 EPS of $1.59 was $0.01 ahead of consensus as a lower than expected tax rate (+$0.04) more than...

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on Regions Financial Corporation (NYSE: RF), and slightly raised its price target from $7.50 to $8.00. Jefferies noted, “We increase our '13 est. by a penny (to $0.78), but leave out '14 est. at $0.75. Upside from...

In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Texas Instruments (NASDAQ: TXN), and raised its price target from $35.00 to $40.00. Jefferies noted, “The Bear argument that TXN is expensive on a P/E basis ignores the high quality of earnings that comes through...

In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Google (NASDAQ: GOOG), and raised its price target from $850.00 to $875.00. Jefferies noted, “We reiterate our Buy as GOOG posted solid 4Q results, and remains best positioned against significant opportunities in...