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Zacks #1 Stocks on the Move 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
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Based on strong sales growth, operational efficiency, enhanced product availability and increased management's FY13 earnings guidance, we upgrade our recommendation on AAR Corp. from Neutral to Outperform. We believe that the company has a competitive advantage over its peers based on its market expertise and technical/financial capabilities.
The company's strategic contract wins hold future potential. Our $19.00 target price, 10.8x 2013 EPS, reflects this view.
Read the full Analyst Report on AIR