Auriga

Auriga has lowered the price target on Boston Beer Company (NYSE: SAM) from $100 to $92 and maintains its Hold rating.

Auriga reiterates its Buy rating and $37 target price on Cavium (NASDAQ: CAVM) as guidance is reduced on weak macro, inventory correction and hub transition. Auriga says, "CAVM reduced its 4Q11 guidance to $56mln-$57mln (consensus at $62.6mln) on weakness in enterprise, service provider,...

Auriga maintains its Buy rating on Spirit AeroSystems (NYSE: SPR) and raises its target price to $27.50 from $25 to reflect strong commercial OEM backdrop. Auriga says, "As we turn the page into 2012, our price target increase reflects an 11x multiple of our 2013 estimate of $2.50, and reflects...

Auriga has raised the price target on Spirit AeroSystems (NYSE: SPR) from $25 to $27.50 and maintains its Buy rating.

Auriga lowers its rating on Heico (NYSE: HEI) to Hold from Buy as valuation is approaching the $62 price target and the company looks at tough YoY comparisons in 2012. Auriga says, "Although we were impressed with the company's record fourth-quarter with adjusted EPS up 35.1% to $0.50, we are...

Auriga has downgraded HEICO Corporation (NYSE: HEI) from Buy to Hold and maintains its $62 price target.

According to Auriga, Esterline Technologies (NYSE: ESL) price target is lowered to $75. Auriga said that it is reducing its adjusted FY12 / FY13 estimates to $5.35 / $6.25 from its previous estimates of $5.75 / $6.40. “Given our price target still represents more than 40% upside, we reiterate our...

Auriga has lowered the price target on Esterline Technologies (NYSE: ESL) from $80 to $75 and maintains its Buy rating.

Auriga has lowered the price target on First Solar (NASDAQ: FSLR) from $56 to $41 and maintains its Buy rating.

Auriga has lowered the price target on Broadcom (NASDAQ: BRCM) from $41 to $35 and maintains its Buy rating.

Auriga reiterates its Buy rating and $125 target price on Deckers Outdoor (NASDAQ: DECK) as checks point to strong sell through. Auriga says, “Following a recent round of channel checks at several local Nordstrom stores (JWN-NR), we are incrementally more bullish on DECK. Sell through rates for...

Auriga maintains its Buy rating and $95 target price on McKesson (NYSE: MCK) as the company looks to invest $1 billion in health IT. Auriga says, “Better Health is a corporate communications platform encompassing four broad areas – improving outcomes through integrated core financial and...

Auriga raises its rating on EZchip Semiconductor (NASDAQ: EZCH) to Buy from Hold and raises its price target to $37 from $34 on the company's router product cycle, higher ASP and new customers driving secular growth. Auriga says, “We expect EZCH to benefit from a strong router product cycle at...

Auriga maintains its Hold rating and lowered its target price to $48 from $58 on Columbia Sportswear (NASDAQ: COLM) as it cut estimates given unseasonably warm start to winter in many parts of the country. Auriga says, “We are cutting our Q4 EPS estimate to $1.07 from $1.13 and 2012 estimate to...

Auriga has upgraded EZchip Semiconductor (NASDAQ: EZCH) from Hold to Buy and has raised the price target from $34 to $37.