Analysts: Facebook May Benefit from Ongoing Trends and 3 Other Research Notes to Browse
Facebook (NASDAQ:FB): Sterne Agee raised its estimates on Facebook to $58 from $50 to reflect monetization of Instagram and better-than-expected ongoing trends. The firm keeps a Buy rating on the shares.
Boeing (NYSE:BA): After Boeing delivered two more planes than Sterne Agee had expected in the third quarter, the firm thinks that the stock will advance 40 percent within the next 12 to 18 months. The firm keeps a Buy rating on the shares.
Baxter (NYSE:BAX): RBC Capital believes that Baxter’s rFVIII treatment will face increased competition, and the firm lowered its estimates for Baxter for 2014 and beyond. However, the firm thinks this scenario is already priced into the shares, limiting any drop in the stock. RBC Capital keeps an Outperform rating on the shares.
Harley-Davidson (NYSE:HOG): BMO Capital increased its price target on Harley-Davidson to $74 from $65, as the firm thinks that consumers’ reaction to the new 2014 Harley-Davidson motorcycles has been very positive. The firm raised its estimates slightly and keeps an Outperform rating on the shares.