Scalper1 News
CLSA started coverage on a host of chip stocks, including some Apple ( AAPL ) suppliers, trying to separate the wheat from the chaff among Microchip Technology ( MCHP ), NXP Semiconductors ( NXPI ), Broadcom ( AVGO ), Intel ( INTC ) and others. CLSA gave a buy rating to NXP, a supplier to Apple and the automotive market, with a 105 target. NXP rose intraday but closed down 0.3% at 84.75 on the stock market today . Broadcom, another Apple supplier, gets an outperform rating from CLSA, with a 165 target. Broadcom fell 1% to 141.17. CLSA gave a buy rating to Microchip with a 58 target. Microchip fell 0.35%. Intel is seen underperforming the market with a 30 target. Intel shares fell 1.35% to 29.98 after closing Monday at 30.39. One analyst thinks Darden Restaurants ( DRI ) is looking tasty, while another is curbing enthusiasm for F5 Networks ( FFIV ). Piper Jaffray raised Darden to an outperform with a 78 target. Darden rose 1% to 63.90. F5 Networks got a downgrade to sector weight from overweight at Pacific Crest as shares neared its prior 109 price target. Shares fell 3.3% to 103.83 FBR Capital thinks now is a good time to wade back into the oil patch, upgrading Halliburton ( HAL ) to outperform from market perform and raising its target to 49 from 44. Halliburton rose 2.5% to 41.17, also helped by rising oil prices. Scalper1 News
Scalper1 News