Pandora Guidance Viewed as Conservative and 3 Stock Analyses to Note
Tibco Software, Inc. (NASDAQ:TIBX): Following lower than expected fourth quarter results, Susquehanna lowered their price target on TIBCO Software, Inc. They noted weaker government IT spending, deal decline caused by hurricane Sandy, and sales execution in their North America division. Shares are Positive rated.
Microsoft Corporation (NASDAQ:MSFT): MKM Partners lowered Microsoft Corporation’s estimates based on a slow start for both the Windows 8 and Surface launches. The firm lowered their price target from $32 to $28 and reiterate a Neutral rating.
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Pandora Media Inc (NYSE:P): Barrington views Pandora Media Inc.’s guidance as conservative and believes that the post-earnings sell-off in shares presents a buying opportunity. The firm has an Outperform rating on the stock with an $18 price target.
Ixia (NASDAQ:XXIA): After attending Ixia’s Analyst Day, Pacific Crest thinks that the company’s growth outlook is improving while the integration of their recent acquisitions are on track. The firm maintains an Outperform rating on the shares.
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