Stock Insights: Microsoft, Carbonite, Research In Motion, Navistar May 30th

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Microsoft Corporation (NASDAQ:MSFT): Citigroup expects Microsoft’s (NASDAQ:MSFT) release preview at Computex in early June to be positive for shares in the near-term, but prefers Oracle (NASDAQ:ORCL) at current levels. Nonetheless, Citi thinks the market is likely underestimating the long-term potential of Microsoft’s Win 8 and keeps a Buy rating on Microsoft shares with a $35 price target.

Carbonite Inc (NASDAQ:CARB): William Blair believes Carbonite’s fundamentals are solid and that shares trade at extremely attractive valuation levels. The firm reiterates an Outperform rating on the stock after hosting investor meetings with management.

Research In Motion Limited (NASDAQ:RIMM): Bernstein recommends staying away from Research in Motion shares as it expects the Blackberry 10 launch to be a “disaster.” The firm said there could be opportunities to buy Research in Motion ahead of a strategic shift later this or in 2013. Shares are Market Perform rated. Research in Motion price target lowered to $11 from $13 at CLSA.

Navistar International Corp. (NYSE:NAV): Jefferies believes Navistar will likely lower its guidance again for FY12 by $1.00 or more when reporting next week due to recent market share weakness. However, the firm says the key for stock performance is the status of the 13L certification. Jefferies lowered its price target for shares to $45 from $70 ahead of Navistar’s Q2 results on June 4, but keeps a Buy rating on the name.

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