Analysts Say Buy These Stocks: Western Digital Corporation (NASDAQ:WDC), Callidus Software, Inc. (NASDAQ:CALD), Pacific Premier Bancorp Inc (NASDAQ:PPBI), Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP)

Wall Street analysts are maintaining Buy rating on Western Digital Corporation (NASDAQ:WDC) company shares.  The one year target on the name currently stands at $73.00.  The stock recently touched $43.91 and has moved in the range of $42.62 - 44.13 during the current session.  Based on a recent bid this places the stock +13.64% away from the 52-week floor of $38.64 and -60.08% away from the 52-week ceiling of $110.00.

When stocks are given “Buy” ratings by analysts, the reasons or criteria for that recommendation can greatly vary.  Typically when a stock is given this label, analysts are expecting that the stock will outperform their peers, their sector or the market over a 6 to 12 month time frame. Several factors might include near-term catalysts, future earnings growth.  Many analysts only give a Buy recommendation when they expect that the stock will yield a return of at least 5-10% over the course of a year.  Since analyst criteria and recommendation terminology can differ, we can look at consensus numbers to get a feel of overall analyst sentiment.

Callidus Software, Inc. (NASDAQ:CALD) has been given a consensus Buy rating by analysts on Wall Street. According to Thomson Reuters' First Call, research brokers have a one year price target of $22.00 on the stock. The stock is currently trading -18.70% away from its 200-day moving average of $17.26. Based on a recent trade, shares of Callidus Software, Inc. are -35.17% away from the 52-week high of $21.64 and +22.21% away from the 52-week low of $11.48.

Analysts are estimating that the company will report earnings of $0.29 for the current year and $0.06 for next quarter. The stock closed the most recent trading session at $13.74.

Shares of Pacific Premier Bancorp Inc (NASDAQ:PPBI) continue to be viewed favorably by equities brokerage firms on Wall Street.  The First Call consensus which is calculated by Thomson Reuters has a $24.50 price target and Buy rating according to the covering analysts.  During today’s session the stock hit $20.97 or -2.60% from the previous close, while moving in the range of $20.97 - 21.61.

Shares of Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) continue to be viewed favorably by equities brokerage firms on Wall Street.  The First Call consensus which is calculated by Thomson Reuters has a $11.50 price target and Buy rating according to the covering analysts.  During today’s session the stock hit $2.46 or -8.21% from the previous close, while moving in the range of $2.45 - 2.69.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Add Comment