Analysts: Baidu Should Be Bought on Pullback and 3 Other Research Notes to Check Out
Baidu (NASDAQ:BIDU): 86 Research recommends the stock be bought on any pullback, citing reset Street expectations, a margin rebound, and its valuation.
Coinstar (NASDAQ:CSTR): Following higher than expected core Q1 EPS, but lower than anticipated revenue, Pacific Crest points out that rental night per kiosk rates have fallen 18 percent since last year, and maintains a Sector Perform rating on the shares.
Qlik (NASDAQ:QLIK): Pacific Crest thinks the company can surpass its Q2 and full year guidance, barring a collapse in the euro. Execution is improving, while enterprise adoption of its product is increasing dramatically. It keeps an Outperform rating on the shares.
Celgene (NASDAQ:CELG): RW Baird maintains that Celgene remains undervalued, despite its recent performance. Numerous upcoming catalysts will have a fundamental effect for its longer-term revenue, and it rates the shares an Outperform with a $130 price target.
Don’t Miss: Is the Clock Ticking on Amazon’s Margins?