Lamar Advertising Co. (NASDAQ:LAMR): After checks, UBS thinks outdoor advertising companies probably ended Q2 a bit lower than expectations and that there is a downside risk to Q3 if trends continue. Due to this, the firm reduced Lamar and Clear Channel Outdoor (NYSE:CCO) estimates.
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Google Inc. (NASDAQ:GOOG): Oppenheimer plans Google to turn in in-line Q2 results, excluding the Motorola acquisition. The firm thinks that American CPCs demonstrated hints of stabilizing in Q2 and it reiterates an Outperform rating on the stock.
Microsoft Corporation (NASDAQ:MSFT) launched its latest Office suite, and Oppenheimer thinks the product will allow Microsoft to grow its market share. Oppenheimer is now more positive about the company taking the needed steps to be successful in the post-PC environment and reiterates an Outperform rating on the shares.
Yahoo! Inc. (NASDAQ:YHOO): Citigroup sees Yahoo’s hire of Marissa Mayer as bold, and a move that demonstrates the company working toward an aggressive growth strategy. But Citi thinks a value strategy may be more suitable for Yahoo!, and sees the company as a wait-and-see situation and maintains a Neutral rating on the stock with an $18 price target.
Gardner Denver Inc.‘s (NYSE:GDI) CEO resignation led RBC to lower its target on Gardner Denver. RBC thinks the departure will breed uncertainty and plans the company will lower its guidance, but reiterates an Outperform rating on the stock.
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