Reiteration

MLV & Co reiterates its Buy rating with a $4.50 price target on ImmunoCellular Therapeutics (NYSE: IMUC) as the company gets its listing on the NYSE starting next week. MLV & Co comments, "We view this move as an affirmation of the company's commitment to growing their pipeline, and...

National Alliance reiterates its Buy rating on Take Two Interactive (NASDAQ: TTWO) and raises its price target from $19.85 to $20.27. National Alliance notes, "We believe the Company's negative price action into fiscal Q4'12 earnings came from increased speculation that GTA V would be released...

Maxim Group remains rated Buy with a $38 price target on Cree (NASDAQ: CREE) following the company's CFO departure. Maxim Group comments, "In the Face of Fanning Fears, CFO Departure Is a Logical Step at this Stage of Growth and Presages Further Transition from a Tech to a Lighting Company. …On...

Credit Suisse reiterates its Neutral rating on Royal Bank of Canada (NYSE: RY) and reduces its price target from C$57 to C$56. Credit Suisse comments, "One of the negative surprises in the quarter was an uptick in commercial credit losses that RY attributed to two specific loans. These can be...

Credit Suisse resumes coverage on Carrizo Oil & Gas (NASDAQ: CRZO) with a Neutral rating and a price target of $30. Credit Suisse notes, "Reinstating Coverage, Transition to Liquids Continues. With the recent closing of its non-operated Barnett divestiture (closed on 5/1/12), CRZO is now...

Piper Jaffray has published a research report commenting on April sales data for the mattress industry, including Select Comfort (NASDAQ: SCSS), Tempur-Pedic International (NYSE: TPX) and Sealy (NYSE: ZZ). In the report, Piper Jaffray writes, "April sales data for the mattress industry (...

In a research report published this morning by Bank of America, eBay's (NASDAQ: EBAY) PayPal has announced several initiatives aiming at offline merchant acceptance. According to Bank of America, these initiatives include, "1) 15 new national merchants; 2) partnerships with innovative mid-market...

Jefferies reiterates its Hold rating on Leap Wireless International (NASDAQ: LEAP) and reduces its price target from $10 to $6. Jefferies comments, "As the post-paid market slows, we believe the Big-Four carriers are increasingly focusing on the pre-paid market to drive growth. Additionally, ARPU...

Jefferies reiterates its Buy rating on Flowserve Corporation (NYSE: FLS) but reduces its price target from $135 to $133. Jefferies notes, "We hosted investor meetings with the CFO. End-market activity is improving. Combined with new operating strategies, we expect continued sales momentum and...

Jefferies raises its price target on Patterson companies (NASDAQ: PDCO) from $31 to $34 and reiterates a Hold rating on shares. Jefferies says, "PDCO's fiscal-4Q12 (Apr) EPS of $0.58 was $0.02 above consensus as stronger revenue growth & a lower tax rate more than offset a weaker than...