Analyst Alerts: J&J, F5 Networks, Fusion-IO, Perfect World, Giant Interactive May 31st
Johnson & Johnson (NYSE:JNJ): Goldman believes a potential break-up of Johnson & Johnson would offer investors the most potential upside. The analyst said each of the three business would be a potential leader in its respective industry and command higher returns than the combined entity. The firm believes shares are worth $76 in a break-up scenario. The firm rates Johnson & Johnson a Neutral with a $65 price target.
F5 Networks, Inc. (NASDAQ:FFIV): William Blair believes the departures of EVP of worldwide sales Mark Anderson, who the firm confirmed is leaving to become CEO role at privately held ExtraHop Networks, and SVP of product management Erik Giesa is bad timing for F5 Networks. William Blair says the risk/reward on shares of F5 remains attractive, but thinks near-term pressure on the stock is likely to persist pending clarity on the macro environment’s potential impact on the company’s outlook.
Fusion-IO, Inc. (NYSE:FIO): Morgan Stanley views Fusion-io’s valuation as attractive at current levels based on improving margins and accelerating revenue growth. Shares are Overweight rated with a $35 price target.
Perfect World Co., Ltd. (NASDAQ:PWRD): Perfect World named a long Research Tactical Idea at Morgan Stanley
Giant Interactive Group, Inc. (NYSE:GA): Giant Interactive named a long Research Tactical Idea at Morgan Stanley
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