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eBay Inc.’s (NASDAQ:EBAY) PayPal announced a partnership with Discover (NYSE:DFS), influencing Piper Jaffray to think that the deal creates an important branding opportunity for PayPal. The firm predicts that eBay’s stock will benefit from the proliferation of mobile payments through the next two years, and it keeps an Overweight rating on the stock.
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Kayak (NYSE:KYAK): Deutsche Bank notes that the company has greatly improved its mobile monetization. The firm thinks that the company’s international expansion is doing well, and it keeps its Buy rating and a $35 price target.
Flowserve Corp. (NYSE:FLS) estimates have been increased by Credit Suisse after a meeting with management that was more positive on cycling through lower priced backlog by Q4. Shares have an Outperform rating.
Hewlett-Packard Company (NYSE:HPQ) estimates were reduced by Credit Suisse because of Hewlett’s persistent revenue decline. Shares have a Neutral rating.
Hewlett-Packard Company (NYSE:HPQ) target has been lowered by Deutsche Bank after the company reported lower revenue than expected. The firm thinks that that the company’s fundamentals are weakening and it keeps a Sell rating on the stock.
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