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Benzinga's Top Analyst Calls From April 11, 2018

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  • Rosenblatt out positive on Applied Optoelectronics Inc (NASDAQ: AAOI), says research suggests co. has gained share at Facebook vs. Innolight and thinks it could pull in more orders for Q2 due to aggressive pricing and quality issues at Innolight.
  • Goldman Sachs raises Netflix, Inc. (NASDAQ: NFLX) price target from $315 to $360, believes co. will experience global benefit scale from its sub base, distribution network and content library.
  • Stifel says AeroVironment, Inc. (NASDAQ: AVAV) boasts a “pipeline of opportunities,” deep customer penetration. Upgraded stock from Hold to Buy and raised price target from $45 $65.
  • Aegis defending Facebook Inc (NASDAQ: FB), says although the Cambridge Analytica crisis will linger for some time, they see a pullback in shares as a buying opportunity as Zuckerberg did well in Tuesday’s testimony; believes co. is unlikely to see an exodus in users.
  • Buckingham Research Group initiates coverage on Caterpillar Inc. (NYSE: CAT) with a Buy rating and $170 price target implying 17 percent upside including dividend; Says stock underperformance since Q4 earnings present buying opportunity as co. is in early stages of expansion and is positioned to see over 30 percent EPS growth this year.
  • Tigress Research downgrades VeriFone Systems, Inc. (NYSE: PAY) from Buy to Neutral after co. entered into agreement with Francisco Partners to be acquired for 54 percent premium; Believes co. will not receive a higher offer during the “go shop” period expiring May 24.

See Also:

Benzinga's Top Upgrades, Downgrades For April 11, 2018

7 Biggest Price Target Changes For Wednesday

Posted-In: Analyst Color Price Target Analyst Ratings

 

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