Analyst Upgrades: Southwest Airlines Co, Juniper Networks, Inc., and Netflix, Inc.

Analysts upwardly revised their ratings on Southwest Airlines Co (NYSE:LUV), Juniper Networks, Inc. (NYSE:JNPR), and Netflix, Inc. (NASDAQ:NFLX)

Oct 13, 2015 at 9:18 AM
facebook X logo linkedin

Analysts are weighing in on airliner Southwest Airlines Co (NYSE:LUV), cybersecurity firm Juniper Networks, Inc. (NYSE:JNPR), and entertainment powerhouse Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on LUV, JNPR, and NFLX.

  • LUV is getting some, well, love from the Street this morning, in the form of price-target hikes at Evercore ISI (to $45) and J.P. Morgan Securities (to $52). The latter mark represents all-time-high territory for the stock, which closed Monday at $41.22. Even though Southwest Airlines Co is 2.6% lower in 2015, call buyers have continued to target it at a blistering rate. For example, LUV's 10-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) call/put volume ratio of 7.69 stands higher than 94% of all other readings from the past year. Ahead of the bell, the stock is off 0.8%.

  • JNPR has been on a tear recently, gaining 15.6% since the start of October, while hitting a four-year high of $30.03 last Thursday, before settling at $29.73 on Monday. The shares could be in store for another big day, too, after RBC bumped its price target by $3 to $33. Analysts have been growing bullish toward Juniper Networks, Inc. this month, and this trend could be set to continue. Of the 20 covering brokerage firms, 12 still consider JNPR only a "hold." Plus, the shares are trading above their average 12-month price target of $29.58. In other words, there's plenty of room for additional bullish notes to propel the shares higher. In pre-market trading, JNPR is up 0.8%.

  • NFLX is once again the beneficiary of bullish analyst notes this morning. Three price-target increases have come down the pike since yesterday's close: SunTrust Robinson to $110, Nomura to $125, and Cowen and Company to $154. The latter represents a nearly 36% premium to Netflix, Inc.'s current perch at $113.45, as well as record-high territory. Of course, it's hard to bet against NFLX, as it's more than doubled in value year-to-date. Interestingly, one group of bears won't leave the stock alone. Short interest on NFLX increased by 15.3% in the two most recent reporting periods, and now represents almost 10% of the stock's float. Amid continued technical strength, these bears could make a quick exit, adding even more fuel to the shares' fire. Looking ahead, the firm is scheduled to report third-quarter earnings after Wednesday's close. 
Get the skinny on all the biggest stories of the morning… Sign up now to get Schaeffer's Midday Market Check delivered straight to your inbox!

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI