Zynga Deemed Higher RISK and 4 Stock Analyses Making Waves
Canadian Pacific Railway Limited (NYSE:CP) price target was raised by Citigroup to $92 from $90, and the firm added the stock to its Top Picks Live list after the company’s Q2 results. Citi describes Canadian Pacific as one of the few secular earnings growth stories in Transportation, and it maintains a Buy rating on the stock.
Zynga, Inc. (NASDAQ:ZNGA): According to Piper Jaffray, Zynga’s risk profile has become worse after the company’s Q2 results, but the firm thinks the challenges of the company are mostly priced in with the post earnings sell-off. Piper keeps an Overweight rating but reduces its price target for on the stock.
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Facebook, Inc. (NASDAQ:FB): Piper Jaffray predicts that Zynga’s (NASDAQ:ZNGA) impact on Facebook may be lower than 1 percent during Q2, and the firm thinks Facebook could still possibly post upside although Zynga has weaker than expected Q2 results. Piper keeps an Overweight rating and a $41 price target on the stock.
Western Digital Corp. (NYSE:WDC) price target was raised by Deutsche Bank after the company reported better than expected Q4 results. The firm still prefers Western Digital to Seagate (NASDAQ:STX) and maintains a Buy rating on the stock.
Crown Castle International Corp. (NYSE:CCIprice target was raised by Benchmark Co. due to the company’s strong Q2 results. The firm keeps a Buy rating on the stock.
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