Market News Call

Notable Analysts’ Recommendations

AT&T – Evercore cut price target to $36.50 from $37 citing margin pressure due to higher-than-anticipated smartphone activations and consequent subsidy expense. Celgene – Baird raised target price to $107 from $92 following the success of

Notable Analysts’ Recommendations

Altera: Raymond James raised price target to $40 from $37 citing that Altera remains in a favorable position cyclically (lean channel inventory, potential communications recovery on 4G rollouts) and secularly (share gains from ASICs/ASSPs). Apple: Nomura cut target

Early Earnings Results Point to Slow Recovery

Alcoa (AA) is scheduled to report its fourth quarter earnings results tomorrow which means the earnings “preseason” has drawn to a close. As the focus returns to earnings, the results of these early reporting companies

Notable Analysts’ Recommendations, January 9th

Alcoa Inc. (AA) – RBC raises target price to $10 from $9.50 following the company’s fourth quarter earnings in-line with expectations and its positive outlook for the aluminium demand in 2013. Apollo Group (APOL) –