Stock Insights: TiVo, Netease.com, Fusion-IO, Bill Barrett, Walt Disney May 29th
TiVo Inc. (NASDAQ:TIVO): Brean Murray said investment sentiment for TiVo has soured even though nothing has changed fundamentally. The firm expects the company to announce overseas licensing deals and an increase in subscriber growth when the company reports Q1 results. Shares are Buy rated with a $14 price target.
Netease.com Inc. (NASDAQ:NTES): NetEase.com named a long Research Tactical Idea at Morgan Stanley
Fusion-IO, Inc. (NYSE:FIO): After traveling with Fusion-io (NYSE:FIO) management, Piper Jaffray believes Apple (NASDAQ:AAPL) could displace Facebook (NASDAQ:FB) as the company’s top customer. Piper says both Apple and Facebook now use Fusion-io cards for new uses, specifically for capacity storage, and that Fusion-io’s pricing at Facebook has not been impacted by competition. Piper reiterates an Overweight rating on Fusion-io shares with a $38 price target.
Bill Barrett Corp. (NYSE:BBG): After meeting with Bill Barrett’s CEO, Stifel believes that the stock may not recover until visibility on the company’s wax crude program improves, and results from new resource testing become available. The firm thinks that these things may not happen until Q3, but it maintains a Buy rating, as it expects the company’s business to ramp up in 2H12.
Walt Disney Co. (NYSE:DIS): Morgan Stanley raised Disney estimates based on increased margins at ABC and Avengers success. Shares are Overweight
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