Morgan Keegan

In a research report published today by Morgan Keegan, ViaSat Inc. (NASDAQ: VSAT) is likely to use its proceeds from a large sale to pay down the current revolving credit line, while providing capital for ViaSat-2. Morgan Keegan explained in the report, “The debt raise does not fundamentally...

According to Morgan Keegan, Priceline.com (NASDAQ: PCLN) price target is raised to $730. Morgan Keegan said that Secular and cyclical tailwinds remain strong, as evidenced by +67% Y/Y int'l bookings growth (ex-F/X) and an acceleration in hotel night stays to +53% Y/Y. Share gains & new market...

According to Morgan Keegan, Prosperity Bancshares (NYSE: PB) price target is raised to $44. Morgan Keegan said that PB announced the acquisition of western-TX based American State Financial, adding $3.1 billion in assets, $1.2 billion in loans, and $2.5 billion in deposits (representing 31% of...

Morgan Keegan raises its price target on Outperform-rated OSI Systems (NASDAQ: OSIS) to $69 from $61 as the cmpany's Mexico contract expanded to $900 million. Morgan Keegan says, "OSI announced that its Mexican security screening contract had been expanded in scope from $400 million to $900...

Morgan Keegan raises its target price on Perform-rated Sonic (NASDAQ: SONC) by half a dollar to $8.50 on improved traffic trends due to weather. Morgan Keegan says, "Raising Q2 (Feb) SSS. We project Sonic sys-SSS have improved considerably, now projected in +6%-range (+5.0% co. +6.0% franch.)...

Morgan Keegan raises its price target to $62 on Outperform-rated Cracker Barrel Old Country Store (NASDAQ: CBRL) on raised projections driven by strong operating momentum. Morgan Keegan says, "FY12 EPS guidance raised to $4.20-4.35 from $4.10-4.25 reflecting higher SSS target of +1.0-2.0% for...

According to a research report published today by Morgan Keegan, Texas Roadhouse (NASDAQ: TXRH) no longer needs to be fearful of beef costs rising as it reported strong topline momentum. “Despite a still difficult food inflation outlook of 8%, FY12 guidance now includes ~5% EPS growth implying $0....

Morgan Keegan increases its target price on Outperform-rated Sourcefire (NASDAQ: FIRE) on improving fundamentals. Morgan Keegan says, "Overall, we believe that increasing awareness of the escalating threat environment and the need for a deeper layer of network security beyond traditional...

According to a research report published today, Morgan Keegan has increased Cracker Barrel Old Country Store's (NASDAQ: CRBL) EPS guidance to $4.20-4.35. “Reports Q2 adjusted EPS of $1.20 vs. our $1.18, Street $1.14 reflecting better than projected revenue ($673.2mil. vs. MK $663.5mil.) and...

Morgan Keegan has published a research report on Energy Transfer Partners (NYSE: ETP) and has downgraded the company from Outperform to Market Perform as the company is deferring distribution growth for another year. In the report, Morgan Keegan writes, "We are lowering our DCF/unit forecast and...

Morgan Keegan reiterates its rating of Outperform with a $47 target price on LogMeIn (NASDAQ: LOGM) following solid results for the fourth quarter. Morgan Keegan says, "LOGM reported solid results for the 4Q11 period yesterday with good product revenue growth, margin performance and customer...

Morgan Keegan reiterates its Outperform rating on NeoPhotonics (NYSE: NPTN) and raises its price target by 75 cents to $7 on positive Q4 results and a good start to 2012. Morgan Keegan says, "We maintain our Outperform rating on NeoPhotonics and imagine the stock trades higher given the strong...

Morgan Keegan raises its price target on Perform-rated Bob Evans Farm (NASDAQ: BOBE) on largely in-line operating fundamentals. Morgan Keegan notes, "Last night, Bob Evans Farms reported results for its fiscal Q3:12 13-week period ended January 27th. The company reported Q3 EPS of $0.69, above...