The Stocks That Had Wall Street Talking
Find out what Wall Street analysts and investors had to say about Michael Kors earnings, the outlook for Legg Mason's shares and Comcast after the NBCUniversal deal with General Electric in this week's CNBC.com Stock Blog Roundup.
Accessory maker Michael Kors easily beat Wall Street earnings forecasts this week and Corinna Freedman, a Wedbush Securities analyst, sees more gains ahead for the stock price.
"The valuation appears rich, but we expect to see estimates going higher," said Freedman. She maintains an "outperform" rating on the stock, with a $65 a share price target.
Legg Mason is aggressively buying back stock, Gabelli said, adding, "They're in the investment business, great cash generator, and they're solving a lot of their issues."
The $16.7 billion Comcast will pay General Electric to buy the remainder of NBCUniversal, the parent of CNBC and CNBC.com, looks "reasonable," Hudson Square Research analyst Todd Rethemeier said in a CNBC interview.
But he said the stock looks fairly valued at current levels and sees no reason to change is "neutral" rating on the shares.
Disclosures can be found in the individual Stock Blog posts.