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With benchmark Brent crude oil surpassing a July 2008 euro-denominated peak, AAA reported the national average price for a gallon of regular self-serve rose to $3.72, causing one especially inventive customer to try and?garbage bag his gasoline. Best not to bring any matches to gas stations of course but Greenwich-based candle maker?Blyth?(BTH) is on fire. Its stock surged 18.08% last week, and while wealthy citizens of that city hardly need the cash, perhaps the company?s principal product can help shed some light on?Connecticut?s dubious economic data.
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It?s the start of another relatively quiet week in economic data but today?s earnings announcements are expected to include Corinthian Colleges (COCO), Delia?s (DLIA), Fabrinet (FN), Lowe?s (LOW), Tuesday Morning (TUES), and Urban Outfitters (URBN).
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Chuy?s Holdings?(CHUY): Robert W. Baird rates the restaurant operator an Outperform, and establishes a $24 price target.
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E2open?(EOPN): Shares are begun with a Buy at Canaccord, whose price objective is $15.
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Hyperion Therapeutics?(HPTX): Needham has a Buy and $15 target on the company.
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Southern Copper?(SCCO): Credit Suisse starts Outperform rated research on SCCO.
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Vantiv?(VNTV): Shares are reinstated with an Outperform at Credit Suisse, whose target is $25.
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Venoco?(VQ): VQ is a Market Perform at BMO Capital.
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Vitamin Cottage Natural Food Markets?(NGVC): The stock is a Buy at Canaccord and an Overweight at Piper Jaffray.
(See also: Stock Upgrades: Learning to 'Like' Facebook and Stock Downgrades: Don't Hoard Up on Public Storage.)
No positions in stocks mentioned.
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