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Google Inc. (NASDAQ:GOOG) is believed by Citigroup to have reported solid results for Q2 especially with a slowing U.S. backdrop and a weak global economy. The firm maintains a Buy rating on the stock and a $740 price target.
Travelzoo Inc.’s (NASDAQ:TZOO) intention to spend an in incremental $3 million to $4 million per quarter through the next six quarters on marketing could stop EBITDA growth for the company through 2013. The firm keeps a Hold rating but reduces its price target from $24 to $22 on the stock.
Align Technology Inc. (NASDAQ:ALGN) has reported Q2 results which are stronger than expected, but provided Q3 guidance which is weaker than expected. Cantor Fitzgerald stated that the company normally offers conservative guidance. The firm predicts that the promotional efforts of the company will push volume upside in Q3. The firm keeps a Buy rating and $37 price target on the stock.
Yum! Brands, Inc. (NYSE:YUM): According to Bernstein, the company’s strong revenue in China should mitigate fears regarding a “hard landing” for the company’s business in China. The firm keeps an Outperform rating and $85 price target on the stock.
BB & T Corp. (NYSE:BBT) price target was raised by RBC Capital following the company’s reports of higher than expected EPS for Q2. The firm believes that BB&T is one of the best managed banks that are publicly traded. The firm keeps an Outperform rating on the stock.
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