Bullish Calls on Burlington Stores, Express and Pacific Crest on Chips

Now watching

Next video starts in : 7 Play

Bullish Calls on Burlington Stores, Express and Pacific Crest on Chips

Bullish Calls on Burlington Stores, Express and Pacific Crest on Chips
Replay video
Up next

Stocks Post May Gain; Humana Considers Sale

Unlock your personal NFL Now stream by signing in to NFL.com

Bullish Calls on Burlington Stores, Express and Pacific Crest on Chips

by TheStreet 2:13 mins

Bullish Calls on Burlington Stores, Express and Pacific Crest on Chips

by TheStreet 2:13 mins

Bullish calls on Burlington Stores (BURL) and Express (EXPR) and Pacific Crest Securities is talking about Intel (INTC), Advanced Micro Devices (AMD) and Nvidia (NVDA). Goldman Sachs is upgading shares of Burlington Stores to BUY from NEUTRAL. Goldman says Burlington's strategic transformation is underappreciated. Janney Capital Markets is upgrading shares of Express to BUY and putting a $20 a share target price on the stock. Janney says tere is an increased likelihood the apparel retailer could be taken private by Sycamore Partners. Pacific Crest Securities says after a recent trip to Asia that all chip makers are not equal. Intel is best positioned to do well from the continuing coporate computer demand. Meanwhile, AMD and Nvidia may have a more challenging time in the current environment because people are not buying as many personal computers. Ruben Ramirez reports from Wall Street.

TheStreet

Personal Finance

Market Movers

  1. 12:25

    GDP turns negative in Q1; Game Stop's high score; Amazon's food line

  2. 2:09

    JPMorgan to cut more than 5,000 jobs: WSJ

  3. 2:03

    GDP shows economy shrank in the first quarter

  4. 3:42

    Amazon may be planning to roll out its own private-label brand: WSJ

  5. 11:06

    Investors eye China/jobs; Semiconductor megamerger; Visa's FIFA threat

  6. 2:12

    Abercrombie & Fitch jumps; Costco falls; Broadcom & Avago merge