Facebook Near-Term Outlook Clouded by Mobile Transition and 4 Must-See Stock Analyses
eBay Inc. (NASDAQ:EBAY): Following the company’s third quarter results, JPMorgan said that they are incrementally positive about eBay Inc.’s shares. The firm raised their price target and reiterate an Overweight rating on the stock.
NetSuite Inc. (NYSE:N): JMP Securities increased their target on NetSuite Inc. as the firm’s data indicates that the tone of their business is strong and they are poised to report higher than expected billings growth. The firm’s earnings per share estimates remain above consensus and they maintain an Outperform rating on Netsuit’s shares.
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Halliburton Company (NYSE:HAL): After Halliburton reported in-line third quarter results, RBC Capital expects the company’s margins to rebound in the upcoming quarters and they maintain an Outperform rating on their stock.
Abbott Laboratories (NYSE:ABT): After conducting a sum of the parts analysis, and even though the stock for Abbott Laboratories dropped, RBC Capital maintains a $72 price target and believes that their shares could reach the high $70s. The firm maintains an Outperform rating.
Facebook, Inc. (NASDAQ:FB): Sterne Agee expects Facebook, Inc. to announce an inline third quarter report, but reduced their price target based on a lower Earnings Before Interest, Taxes, Depreciation and Amortization multiple. The firm believes Facebook’s near-term outlook is clouded by their mobile transition and that shares may be pressured by their upcoming lockup expiration. Shares are Buy rated.
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