Facebook LAUNCHES New Products and 4 More Stock Insights
Boise Inc. (NYSE:BZ): CLSA views Boise as “meaningfully undervalued,” and also views it as ready for strategic opportunity as well as balance sheet deployment. The shares hold a Buy rating with a price target of $12.
J. C. Penney Company, Inc. (NYSE:JCP) price target was lowered by Nomura, who notes lack of earnings visibility and not many near-term catalysts. Shares hold a Neutral rating.
Erickson Air-Crane Inc (NASDAQ:EAC): According to Stifel Nicolaus, the early deployment and more frequent use of Erickson Air Crane’s S-64 helicopters may allow the company to exceed near-term revenue expectations. The firm reiterates its Buy rating and $12 price target on the stock.
Mellanox Technologies, Ltd. (NASDAQ:MLNX) is still a top pick in Israel as a result of a growing addressable market and share gains, according to Barclays. The firm presents Mellanox Technologies with an Overweight rating and a $65 price target.
Facebook (NASDAQ:FB): According to Susquehanna, Facebook has released a number of new products, made acquisitions, and made technology improvements allowing it to push its user base into opportunities for expansion. The firm thinks the company is attempting to automate premium ad purchases, make prices better, and release Facebook Exchange as a means to assist advertisers in delivering real-time targeting of users. The shares continue to hold a Positive rating and a $48 price target.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.