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 $71.24.  The stock recently touched $46.35 and has moved in the range of $46.05 - 47.00 during the current session.  Based on a recent bid this places the stock +19.95% away from the 52-week floor of $38.64 and -54.59% away from the 52-week ceiling of $102.07.

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 $22.33 on the stock. The stock is currently trading -0.16% away from its 200-day moving average of $16.97. Based on a recent trade, shares of Callidus Software, Inc. are -21.72% away from the 52-week high of $21.64 and +47.56% 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 $16.78.

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 $25.00 price target and Buy rating according to the covering analysts.  During today’s session the stock hit $21.20 or -0.19% from the previous close, while moving in the range of $21.14 - 21.52.

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 $10.63 price target and Buy rating according to the covering analysts.  During today’s session the stock hit $2.79 or +11.60% from the previous close, while moving in the range of $2.51 - 2.80.

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