Analyst Ups Microsoft Estimates, Lazards Sets Expedia Price Target at $38

Microsoft Corporation (NASDAQ:MSFT): Barclays raised Microsoft 2013 earnings estimates ahead of the Windows 8 launch later this year and Office 15 expected in Q1 2013. Share are Equal Weight rated.

Expedia Inc. (NASDAQ:EXPE): Lazard Capital says Expedia’s bookings were strong in Q4 despite some issues around margin. The firm said it remains a buyer of the stock and upped its price target for shares to $38.

Coventry Health Care Inc.(NYSE:CVH): Morgan Stanley said Coventry Health’s assets are the most undervalued given potential upside from its Medicare, Medicaid, and works comp service businesses. Shares are Overweight rated with a $39 price target.

Petrohawk Energy Corporation(NYSE:HK): After Halcon Resources closed its recapitalization and Floyd Wilson became CEO of the company, RBC Capital expects the company to make near-term ,accretive acquisitions. The firm notes that Wilson typically builds up and then sells companies, and it maintains an Outperform rating on the stock.

Deckers Outdoor Corp.(NASDAQ:DECK): Susquehanna lowered its price target on Deckers Outdoor following management comments on rising inventory and costs. The firm however continues to find the valuation compelling and reiterates its Positive rating.

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To contact the reporter on this story: Derek Hoffman at

To contact the editor responsible for this story: Damien Hoffman at