Needham & Company maintains a 'Hold' on Coinstar (CSTR); Second quarter results in-line with recent guidance
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Price: $20.10 --0%
Rating Summary:
4 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
4 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Needham & Company maintains a 'Hold' on Coinstar (NASDAQ: CSTR).
Needham analyst says, "Coinstar reported an in-line June quarter and provided second half guidance in line with our estimates. We continue with a hold rating but are incrementally more positive on the recent strength of the company’s execution. We’re raising our 2011 estimate from $3.00 to $3.10. Our 2012 estimate remains unchanged at $4.00."
For more ratings news on Coinstar click here and for the rating history of Coinstar click here.
Shares of Coinstar closed at $48.86 yesterday.
Needham analyst says, "Coinstar reported an in-line June quarter and provided second half guidance in line with our estimates. We continue with a hold rating but are incrementally more positive on the recent strength of the company’s execution. We’re raising our 2011 estimate from $3.00 to $3.10. Our 2012 estimate remains unchanged at $4.00."
For more ratings news on Coinstar click here and for the rating history of Coinstar click here.
Shares of Coinstar closed at $48.86 yesterday.
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