Google’s Momentum Continues and 4 Stock Analyses to Note
Vail Resorts Inc. (NYSE:MTN) price target has been increased to $65 from $57 by Bank of America Merrill Lynch.
Fortinet Inc. (NASDAQ:FTNT): According to ThinkEquity, although CEO Ken Goldman’s resignation may cause a bit of near-term uncertainty, Fortinet’s business model is not expected to be effected greatly. The firm views the company’s market opportunities as continuing to be sound, and it maintains its Buy rating on the stock.
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Micron Technology Inc. (NASDAQ:MU) price target has been reduced by Baird due to its ongoing weakness regarding DRAM pricing as well as high inventory channels. The firm keeps its Outperform rating on the stock because of production cuts expected to occur next year.
Tesla Motors, Inc. (NASDAQ:TSLA): According to Maxim, selling pressure in Tesla shares should settle after its secondary offering. The firm thinks that Tesla will be able to produce 400 cars per week and generate positive free cash flow as it intends to and it should be obvious by the end of the year. The shares have a Buy rating and a $50 price target.
Google Inc. (NASDAQ:GOOG) price momentum is believed by Canaccord has the ability to continue due to CPC trends, investor comfort with MMI and accretion, and multiple expansion. Shares have a Buy rating.
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