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Analysts are weighing in today on digital technology expert Intel Corporation (NASDAQ:INTC), athletic apparel designer Nike Inc (NYSE:NKE), and coffee maven Keurig Green Mountain Inc (NASDAQ:GMCR). Here's a quick roundup of today's bullish brokerage notes.
- INTC -- which has gained more than 15% in the last month to perch at $30.78 -- scored an upgrade to "market perform" from "underperform," and a price-target lift to $28 from $22 at Bernstein this morning. Elsewhere, the equity has received a mixture of brokerage notes, with 13 firms handing out "strong buy" endorsements, and 17 dishing out "hold" or worse suggestions. Meanwhile, the average 12-month price target stands at $29.94, denoting a slight discount to the shares' current perch.
- NKE's stronger-than-expected turn in the earnings confessional last night put the stock in the bullish brokerage spotlight. Among the firms upwardly adjusting their positions on Nike Inc were Susquehanna and Canaccord Genuity, which both increased their price targets by $5 to $75 and $76, respectively. While NKE shares have tacked on 7.2% over the last two months to perch at $76.86, nine of 21 analysts covering the equity maintain "hold" ratings. As such, more upgrades may be on the way, which could help send the shares higher.
- Having gained 59.4% year-to-date to trade at $120.38, GMCR was awarded an upgrade to "buy" from "hold" at Argus this morning. Elsewhere, however, two-thirds of Keurig Green Mountain Inc's covering analysts have dished out "hold" or "strong sell" ratings, and the consensus 12-month price target of $122.56 is within arm's reach of the stock's current perch. With that being said, GMCR may see some more upgrades and/or price-target hikes in the near term, which could create additional tailwinds for the shares.