Here are a few stocks to keep on your radar: Oracle (NASDAQ: ORCL ) shares rose 4.1% to $33.45 in early Friday trading after the company beat third-quarter earnings estimates, raised its quarterly dividend and offered a fourth-quarter profit forecast that was above Wall Street’s estimates. Stifel Nicolaus raised its price target on the stock to $38 from $36. Shares of Research In Motion (NASDAQ: RIMM ) slumped 10% to $57.67 after the company issued a fourth-quarter earnings report late Thursday that included a disappointing first-quarter forecast. Robert W. Baird downgraded the stock to underperform and lowered its price target to $47 from $60. Accenture (NYSE: ACN ) was up 6.3% to $55.22 after the company beat fiscal second-quarter earnings and revenue estimates and guided analysts higher for its full-year profit and revenue. Stifel Nicolaus raised its price target on the stock to $65 from $59. Darden Restaurants (NYSE: DRI ) slipped 1.8% after the company beat third-quarter earnings estimates. The company expects fiscal 2011 same-restaurant combined sales growth of 1.5% to 2% for its Red Lobster, Olive Garden and LongHorn Steakhouse stores. Body Central (NASDAQ: BODY ) shares jumped nearly 21% to $21.90 after the company missed fourth-quarter earnings estimates but guided the Street higher for its first-quarter earnings and revenue. Oppenheimer raised its price target on the stock to $25 from $20.
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Friday, March 25, 2011
Friday’s Stocks to Watch: Oracle, Research In Motion
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