Yum!’s Growth Remains Intact and 4 Stock Analyses Making Headlines
Equinix, Inc. (NASDAQ:EQIX) business trends are believed by Pacific Crest to continue to be positive. According to the firm, the company has the ability reach Q3 consensus estimates, as analysts’ Q4 and 2013 estimates for the company have the ability to rise. The firm keeps its Outperform rating on the stock.
NXP Semiconductors NV (NASDAQ:NXPI) stock saw a drop yesterday due to concerns regarding competition from Broadcom (NASDAQ:BRCM) in the NFC space. Sterne Agee mentions that NFC makes up for less than 5 percent of NXP’s revenue, and the company has 200 NFC smartphone-tablet designs ramping. The firm still thinks that the company’s pro-forma EPS has the ability to rise to $4, and it keeps its Buy rating and a $31 target on the stock.
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Yum! Brands, Inc. (NYSE:YUM): According to Susquehanna, Yum! Brands’ growth story continues to be intact after the report of its Q3 results. The firm credits the rebound in US profits along with a deceleration of China same store sales leading to renewed profitability in its China segment. Shares have a Positive rating and a $76 price target.
Riverbed Technology, Inc. (NASDAQ:RVBD): After it conducted checks, Sterne Agee predicts that Riverbed’s core WAN product business will be strong in North America through 2H12. The firm keeps its Buy rating on the stock.
Microsoft Corporation (NASDAQ:MSFT): Morgan Stanley stated that Windows 8 expectations continue to be too negative and Office, tablets, and server & tools should offset PC weakness. The firm views consensus expectations as being low, and it maintains its Overweight rating on the stock.
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