Google Inc. (NASDAQ:GOOG): Baird said Google’s revenue and earnings miss was due largely to non-operational currency and accounting factors. The firm said newer business was tracking ahead of expectations, margins were an upside surprise, and paid clicks offset a pricing decline. Baird maintains its Outperform rating but lowered its price target to $750 from $760. Also, Google price target lowered to $600 from $685 at Goldman.

Mosaic Co.(NYSE:MOS): Goldman said The Hindu Business Line reported that the Indian Inter-Ministerial Committee has approved a reduction in the subsidy on both DAP and MOP, and will maintain the current urea subsidy. The proposal still need to be approved by the Union Cabinet. The firm expects the proposal to result in higher retail prices for phosphate and potash and sees it as a negative for Mosaic (NYSE:MOS), Potash (NYSE:POT), and Intrepid Potash (NYSE:IPI) and a positive for CF Industries (NYSE:CF).

Orbitz Worldwide, Inc. (NYSE:OWW): Lazard Capital said its channel checks indicate Orbitz Worldwide’s U.S. airline ticket volume declines accelerated in Q4, which the firm believes could put the company’s U.S. bookings behind target. Lazard Capital wants to see stabilization in Orbitz’s air business before getting more positive on the name.

Dolby Laboratories Inc. (NYSE:DLB): Brigantine recommends buying shares of Dolby (NYSE:DLB) on any weakness after Microsoft (NASDAQ:MSFT) reported weaker than expected Windows revenue. The firm notes that weak PC shipments in Q4 and early 2012 are already expected and raised its price target for Dolby shares to $40 from $32.

FXCM Inc (NYSE:FXCM): FXCM added to Most Preferred List at UBS.

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